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Energy / Crude Oil

California Water Crisis May Head off Potential Oil Boom

Jan 16, 2014 at 17:19 | Nick Cunningham

Drilling for oil in California dates back to the late 19th Century, allowing it to become the country’s top producer by the beginning of the 20th. One hundred years later,…

DOT-111 Safety Major Issue in Crude-By-Rail Debate

Jan 14, 2014 at 17:14 | Rory Johnston

Experts from the Canadian rail industry, regulators, and representatives from all levels of government met in Ottawa on Monday to discuss the increasing number of tank car derailments and subsequent…

Lifting the Oil Export Ban: Where the Refiners Stand

Jan 13, 2014 at 16:39 | Charles Kennedy

As the debate over whether to lift the US ban on crude oil exports intensifies, producers will clearly benefit, but the situation for refiners is more complicated, but most are…

China’s Bold $10 Billion Investment in Nigerian Hydrocarbons

Jan 10, 2014 at 17:21 | John Daly

Developers in the pursuit of commercially available oil found it in Nigeria in 1956, with the country’s first oil field beginning production in 1958. The last 56 years have seen…

API Predicts Massive Oil Industry Spending Spree

Jan 10, 2014 at 17:12 | Charles Kennedy

Energy companies will spend close to $1 trillion on oil and gas infrastructure and storage over the next decade, to support more than 900,000 US jobs as the US becomes…

This Week in Energy: US Oil Exports: What Goes Unnoticed

Jan 10, 2014 at 15:57 | James Stafford

Quick note: Before we get started on this weeks report I wanted to briefly mention that today’s Oilprice Premium is a MUST READ for all our visitors. Dan…

Mother Nature Sends Oil Sector Strong Message

Jan 09, 2014 at 17:20 | Daniel J. Graeber

British Prime Minister David Cameron said he suspected the recent extreme winter weather may be a result of climate change, something the World Meteorological Organization said last year was tied…

Peak Oil becomes an Issue Again after the IEA Revised its Predictions

Jan 09, 2014 at 17:07 | Tom Dispatch

Among the big energy stories of 2013, “peak oil” -- the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline -- was…

Kashagan, Down but not Out

Jan 08, 2014 at 17:59 | John Daly

In the past two decades since the collapse of the USSR Kazakhstan has become a major oil producer. In 2013 Kazakhstan’s oil production surged to roughly 1.64 million barrels per…

Buffett Looks at Pipelines after North Dakota Train Wreck

Jan 06, 2014 at 17:18 | James Stafford

Amid fears that regulators may move to tighten safety rules for crude oil shipments from North Dakota after the fiery derailment last week of an oil train, Warren Buffett’s Berkshire…

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