• 3 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 8 minutes Why Is America (Texas) Burning Millions of Dollars Per Day Of Natural Gas?
  • 11 minutes Is $60/Bbl WTI still considered a break even for Shale Oil
  • 15 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 7 hours The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 2 days Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 4 hours Greenpeace claims one oil rig is "pushing the world closer to a climate catastrophe"
  • 12 hours The Latest: Iranian FM Says US Cannot Expect To ‘Stay Safe’
  • 4 hours Middle East on brink: Oil tankers attacked off Oman
  • 8 mins Hydrogen FTW... Some Day
  • 1 day Russia removes special military forces from Venezuela . . . . Maduro gone by September ? . . . Oil starts to flow ? Think so . .
  • 11 hours Emmissions up, renewables nowhere
  • 2 days Never Knew Gasoline Prices were this important!
  • 1 day Plants are Dying
  • 2 days The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 2 days We Are Better Than This
  • 2 days (Un)expectedly: UK Court Sets Assange U.S. Extradition Hearing For February 2020
Putin: Russia Is Fine With $60 Oil

Putin: Russia Is Fine With $60 Oil

Russia doesn’t need oil prices…

Energy / Crude Oil

Exxon’s Hunt for Oil in the Black Sea

Exxon’s Hunt for Oil in the Black Sea

Feb 02, 2011 at 08:15 | Andy Soos

The quest for oil is an ever on going saga of the modern age. US-based ExxonMobil, the biggest privately-controlled oil company in the world, will make a new investment in…

Geopolitical Unrest and World Oil Markets

Geopolitical Unrest and World Oil Markets

Feb 01, 2011 at 09:06 | James Hamilton

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.

Model, Model: Who’s Got an Oil Market Model

Model, Model: Who’s Got an Oil Market Model

Feb 01, 2011 at 08:26 | Ferdinand E. Banks

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,…

Extreme Offshore: The Hunt for Hard to Find Crude

Extreme Offshore: The Hunt for Hard to Find Crude

Jan 27, 2011 at 07:17 | Al Fin

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…

Corruption, Incompetence and Bureaucracy Holding Back Russian Oil Production

Corruption, Incompetence and Bureaucracy Holding Back Russian Oil Production

Jan 24, 2011 at 08:14 | Al Fin

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…

Preparing for Life in a Peak Oil World

Preparing for Life in a Peak Oil World

Jan 23, 2011 at 09:01 | Gail Tverberg

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…

Generating More Fuel from Less Crude Oil

Generating More Fuel from Less Crude Oil

Jan 21, 2011 at 07:18 | Brian Westenhaus

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…

Dramatic Shift in the Peak Oil Debate

Dramatic Shift in the Peak Oil Debate

Jan 19, 2011 at 08:42 | Kurt Cobb

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?"…

Peak Oil and Limits of the Hubbert Model

Peak Oil and Limits of the Hubbert Model

Jan 18, 2011 at 08:40 | The Oil Drum

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…

2010 Crude Oil: 50 Billion Barrels Discovered, 30 Billion Barrels Used

2010 Crude Oil: 50 Billion Barrels Discovered, 30 Billion Barrels Used

Jan 18, 2011 at 08:16 | Al Fin

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…


Oilprice - The No. 1 Source for Oil & Energy News