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OPEC+ Deal Could Collapse As Oil Prices Shoot Up

OPEC+ Deal Could Collapse As Oil Prices Shoot Up

Oil prices have risen quickly…

Extra OPEC+ Cuts Fail To Impress Oil Markets

Extra OPEC+ Cuts Fail To Impress Oil Markets

Volatility in oil markets has…

Energy / Crude Oil

Brazil’s Pre-Salt Auction Goes to Shell-Total Consortium

Oct 23, 2013 at 17:06 | Joao Peixe

A consortium led by Anglo-Dutch oil major Shell, France’s Total and PetroChina and its sister company Cnooc, won the bid for Brazil’s Libra deep-water oilfield in a landmark auction on…

Is Deepwater the Next Oil Bonanza?

Oct 18, 2013 at 17:37 | Daniel J. Graeber

Strong growth in international drilling activity helped increase quarterly profits for some of the largest oil companies in the industry. Oil services company Baker Hughes Inc. said last week the…

Two Energy Ideas: Refiners and the Back of the Crude Curve

Oct 18, 2013 at 16:55 | Dan Dicker

Two energy ideas to touch upon today, now that the debt ceiling debacle is (at least for now) over:  Refiners and the back of the crude curve.Refiners have…

Big Win for Big Oil on Ethanol Mandate?

Oct 17, 2013 at 17:00 | Joao Peixe

It seems to many that the Environmental Protection Agency (EPA) is putting off a final decision on whether or not it will slash the 2014 biofuels mandate in order to…

From Peak Oil to Fossil Fuel Euphoria

Oct 16, 2013 at 17:13 | Michael Klare

Republished with permission from Tom DispatchFor years, energy analysts had been anticipating an imminent decline in global oil supplies.  Suddenly, they’re singing a new song: Fossil fuels…

China is Now the World’s Largest Importer of Oil—What Next?

Oct 15, 2013 at 17:16 | Rory Johnston

Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the…

The Might of the Petro-Dollars at Work Once Again

Oct 15, 2013 at 17:11 | Claude Salhani

Petro-dollars, the word used to describe the billions of dollars earned from the sale of oil and natural gas, have helped change the shape and future of many counties in…

Our Reliance on Oil Continues to Threaten our Future

Oct 11, 2013 at 21:47 | Gail Tverberg

If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case.

Venezuela’s PDVSA Drowns in Transport Costs

Oct 11, 2013 at 16:10 | Editorial Dept

Bottom line: Transport costs are a sieve winnowing away Pdvsa’s profits and a recent investigation appears to show that at least three ships commissioned and inaugurated in public ceremonies by…

How Iran Plays the Oil Game … and Wins

Oct 04, 2013 at 18:28 | Daniel J. Graeber

Instability in Libya and other parts of North Africa may be giving international investors the jitters.  In August, U.S. energy explorer Apache Corp. said it had enough of the political…

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