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Energy / Crude Oil

South Sudan Considers Alternative Kenyan Pipeline to Outflank Sudan

South Sudan Considers Alternative Kenyan Pipeline to Outflank Sudan

Aug 15, 2012 at 17:37 | John Daly

The world’s newest, and Africa’s 54th nation, South Sudan, proclaimed independence on 9 July 2011, the result of an internationally observed referendum embodied in the 2005 Comprehensive Peace Agreement (CPA),…

Pipelines Apparently do Reduce Maritime Straits Congestion

Pipelines Apparently do Reduce Maritime Straits Congestion

Aug 14, 2012 at 17:32 | John Daly

Since the December 1991 implosion of the USSR, the Russian Federation, Azerbaijan and Kazakhstan have all seen an explosion in the development of their hydrocarbon resources. For southern neighbour…

Hell in Tajikistan: Oil Discoveries a Potential Curse

Hell in Tajikistan: Oil Discoveries a Potential Curse

Aug 10, 2012 at 17:57 | Jen Alic

A major oil find by Canada’s Tethys Petroleum in Tajikistan comes at a bad time for the Central Asian country, as the security situation is about to skyrocket out of…

The Reason Behind China's Interest in Canada's Oil Sands

The Reason Behind China's Interest in Canada's Oil Sands

Aug 06, 2012 at 17:04 | Robert Rapier

Over the past two decades, Chinese oil consumption has quadrupled to nearly 10 million barrels per day. For the past decade they have been on a growth trajectory which has…

Using Microbes to Vastly Increase Recovery from Old Oil Wells

Using Microbes to Vastly Increase Recovery from Old Oil Wells

Aug 06, 2012 at 17:00 | Brian Westenhaus

The best source of oil would be to increase oil recovery from the existing reservoirs already in production.  That oil is the easy stuff as pundits like to say, because…

Kurds Hold the Aces in Iraqi Oil Sector

Kurds Hold the Aces in Iraqi Oil Sector

Aug 02, 2012 at 14:54 | Daniel J. Graeber

The Kurdish government in Iraq announced Wednesday it would resume oil exports from the region later this week. Erbil had shut down exports in April, blaming the central government in…

Iran will Look to Refine its Crude Domestically, Rather than Export it

Iran will Look to Refine its Crude Domestically, Rather than Export it

Aug 02, 2012 at 14:08 | Energy Digital

President Mahmoud Ahmadinejad says Iran should focus now on oil products in light of tightening sanctions Iranian President Mahmoud Ahmadinejad said Iran should stop exporting crude oil and focus on…

What the Future Holds for Our Oil Based Economy

What the Future Holds for Our Oil Based Economy

Aug 01, 2012 at 08:08 | Daniel J. Graeber

Oilprice.com’s geopolitical editor Daniel J. Graeber was a guest on Infowars evening show last night where he discussed the following topics: • Middle East tensions and their impact on oil prices.

How the Big Five Oil Companies Spend their $375 Million Daily Profits

How the Big Five Oil Companies Spend their $375 Million Daily Profits

Jul 26, 2012 at 17:10 | Climate Progress

The Big Five oil companies – BP, Chevron, ConocoPhillips, ExxonMobil and Shell – are slated to announce their 2012 second-quarter profits later this week.We can expect these companies,…

Bears Burst Bakken Bubble

Bears Burst Bakken Bubble

Jul 24, 2012 at 18:06 | Daniel J. Graeber

Ongoing concerns of the Spanish debt crisis dragged on international markets Monday. Oil prices, meanwhile, had rallied last week amid tensions in the Persian Gulf. By Monday, however, Iran had…

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