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Energy / Crude Oil

Oil Production in the 21st Century and Peak Oil

Oil Production in the 21st Century and Peak Oil

Mar 27, 2012 at 18:00 | The Oil Drum

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…

Cameroon, West Africa's Latest Oil Battleground

Cameroon, West Africa's Latest Oil Battleground

Mar 25, 2012 at 10:38 | John Daly

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…

US May Hold Large Reserves of Shale Oil, but is it Economically Out of Reach?

US May Hold Large Reserves of Shale Oil, but is it Economically Out of Reach?

Mar 22, 2012 at 18:19 | Post Carbon

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…

Why Iran Believe they are Safe from Effects of Oil Sanctions

Why Iran Believe they are Safe from Effects of Oil Sanctions

Mar 21, 2012 at 17:41 | Stuart Burns

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…

Iran's Oil Fields are in Rough Neighborhoods

Iran's Oil Fields are in Rough Neighborhoods

Mar 20, 2012 at 17:59 | Daniel J. Graeber

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…

Why is Obama Lying About US Oil Reserves?

Why is Obama Lying About US Oil Reserves?

Mar 20, 2012 at 17:55 | MasterResource

“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…

How Likely is a Blockade of the Strait of Hormuz?

How Likely is a Blockade of the Strait of Hormuz?

Mar 20, 2012 at 17:31 | Ronald Stoeferle

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…

Too Soon for DRC Oil?

Too Soon for DRC Oil?

Mar 19, 2012 at 16:54 | Daniel J. Graeber

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…

Happy St. Patrick’s Day! Ireland Strikes Oil

Happy St. Patrick’s Day! Ireland Strikes Oil

Mar 19, 2012 at 16:49 | John Daly

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…

Is it Time to Abandon the Oil Sands Debate?

Is it Time to Abandon the Oil Sands Debate?

Mar 18, 2012 at 09:27 | Daniel J. Graeber

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…

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