Canada's attempt to maintain its…
Argentina's energy landscape is evolving,…
Change is on the way in the Arab world, with Egypt the latest focal point. Here I review recent events and their implications for world oil markets.
I had hoped to give a provocative lecture on the economics of nuclear energy at the forthcoming international meeting of the International Association for Energy Economics in wonderful summer Stockholm,…
Brazil's quest for extreme oil may cost as much as US$ 1 trillion. That is a lot of money to invest in a such a risky proposition -- to retrieve…
While Russia is rich in oil and gas resources, the Russian government in 2008 had to introduce a US$4.2 billion tax cut at mid-year to reverse declining production after a…
We know that peak oil will be here soon, and we feel like we should be doing something. But what? It is frustrating to know where to start. In this…
The UK’s University of Bradford researchers are proposing a method for increasing the yield of the middle distillates, gasoline, jet fuel, and diesel fuel at the refinery by applying…
If you write about, speak about, or talk with your family, friends and co-workers about peak oil, you've almost certainly been asked: "Well, who else is saying what you're saying?"…
The Hubbert model says that, within a reasonably large region, oil production should follow a bell shaped curve. When the model is applied to worldwide oil production, the maximum level…
With the price of oil hovering above $70 a barrel for over a year -- and around $90 a barrel for several weeks -- oil exploration companies can get to…
Jorge Pinon, an energy expert at Florida International University in Miami, said that Venezuela's state oil company has suffered from a lack of adequate technology and investment, hurting oil output…
Estonia's largest oil shale mining company, Eesti Energia, reported the largest oil shale production figures in 18 years for 2010 - 17 million tons, up 3 million tons from the…
The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of…
Canada is the biggest supplier of oil imports to the United States. Increasingly, those imports come from its vast reserves of oil sands. Is the growing U.S. dependence on Canadian…
A research paper by Eyal Dvir of Boston College and Ken Rogoff of Harvard suggests some interesting parallels between the recent behavior of oil prices and what was observed…
Big Oil is much smarter than people think. By Big Oil this writer means the free world’s independent oil companies. For those watching, Big Oil has been shifting the publicly…
Bashing the oil industry seems to be popular. The most recent example is the New York Times’ editorial They haven’t learned. I don’t think any industry is perfect, but…
For oil sands that are too deep for surface mining operations, some form of "in-situ" is needed to extract the oil. Most in-situ operations involve the injection of steam into…
Iraq's new oil minister, Abdul Kareem Luaibi, said the country's oil output has reached 2.6 million barrels per day, the highest level for more than 20 years. Luaibi said developing…
Our problem now is that we have built a complex economy that depends on oil and other fuels. We can see that we will have less oil in the future.…
If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and…