U.S. shale oil production could…
The US achieved record-breaking oil…
Ongoing border and oil disputes and the halting of oil production by South Sudan has led to renewed clashes between Khartoum and Juba, the specter of another war and the…
Libyan crude oil production has witnessed a notable uptick since major combat operations ended last year. In mid-2011, at the height of the international conflict, it looked as if the…
It didn’t take long for the oil industry to go to Plan B to get the massive new supplies of Bakken Formation oil in North Dakota and the Canadian…
Kenya has announced its first oil discovery and is already discussing plans for the drilling of four exploratory wells this year in a development that portends a new future for…
The Deepwater Horizon incident demonstrated that most of the oil left is deep offshore or in other locations difficult to reach. Moreover, to obtain the oil remaining in currently producing…
Sometimes it’s the obscure items about news reports that catch one’s eye. On 17 March a senior official of the Cameroon’s state-run National Hydrocarbons Corporation (SNH) told China’s Xinhua…
There is a lot of talk recently that "tight oil" as found in North Dakota's Bakken and other shales in the Southwest will save America from stagnant global oil production…
After initial outrage, bluster and bravado, Iran appears to have come to terms with impending Western sanctions on the country’s oil and financial sector, to the point of saying they…
Tehran this week said that if its "positive diplomacy" wasn't reciprocated by the Kuwaiti government, it would work to develop its section of a shared oil field alone. Tehran, OPEC's…
“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” President Barack Obama said in his weekly address March 10. “Not when…
The more and more explicit nuclear rhetoric and the threats of a blockade of the Strait of Hormuz may soon cause the conflict to escalate. We described two years ago…
Advocacy groups called on the newly-elected government of the Democratic Republic of Congo to change how its natural resources are managed. They say the DRC has an opportunity to erase…
After more than three and one half years of brutal recession that stopped the Celtic Tiger in its tracks, the Irish finally have something to celebrate. On 15 March…
Canada's natural resources minister told delegates at the International Energy Forum in Kuwait that his country was on the cusp of becoming an "energy superpower." Canada ranks No. 6 in…
Iran is currently the fifth-largest oil producer in the world, the second-largest producer in the OPEC, and the third-largest oil exporter worldwide. Of the total production of almost 3.5mn barrels/day,…
OPEC in its monthly report for March notes a steady increase in Libyan oil production since the conflict began last year. Production for February, the cartel reports, was about 75…
It has been six weeks since we last discussed the problems that could be in store for the U.S.'s East Coast due to closing of refineries in the Philadelphia area.…
Students and staff at an elementary school near the western coast of Canada announced plans to wage a hunger strike to raise awareness about plans for an oil pipeline from…
Cote d'Ivoire (“Ivory Coast” in English), is the world's largest producer and exporter of cocoa beans. What will the nation do with its newly discovered oil riches? Astronomers spend their…
Canadian pipeline company TransCanada announced it was building a stand-alone section of the controversial Keystone XL oil pipeline to the southern coast of Texas. This in part addresses one of…