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U.S. Shale To Break Records Despite Bearish Rhetoric

U.S. Shale To Break Records Despite Bearish Rhetoric

EIA forecasts predict US shale…

U.S. Shale Will Soon Produce More Oil Than All Of Russia

U.S. Shale Will Soon Produce More Oil Than All Of Russia

Despite growing pessimism in the…

Energy / Crude Oil

South Sudan Runs out of Time for Oil Transit Alternatives

South Sudan Runs out of Time for Oil Transit Alternatives

Mar 28, 2012 at 18:37 | Jen Alic

Ongoing border and oil disputes and the halting of oil production by South Sudan has led to renewed clashes between Khartoum and Juba, the specter of another war and the…

Did Libya's Oil Bubble Burst Already?

Did Libya's Oil Bubble Burst Already?

Mar 28, 2012 at 18:32 | Daniel J. Graeber

Libyan crude oil production has witnessed a notable uptick since major combat operations ended last year. In mid-2011, at the height of the international conflict, it looked as if the…

New Oil Sands Pipeline is More Carbon Friendly than Shipping

New Oil Sands Pipeline is More Carbon Friendly than Shipping

Mar 28, 2012 at 18:14 | Brian Westenhaus

It didn’t take long for the oil industry to go to Plan B to get the massive new supplies of Bakken Formation oil in North Dakota and the Canadian…

Kenya Strikes Oil: New Regional Potential and Security Concerns

Kenya Strikes Oil: New Regional Potential and Security Concerns

Mar 27, 2012 at 18:04 | Jen Alic

Kenya has announced its first oil discovery and is already discussing plans for the drilling of four exploratory wells this year in a development that portends a new future for…

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…

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