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Breaking News:

Russia Plans To Boost Crude Oil Exports

Chinese Oil Imports Soar To Record High

Chinese Oil Imports Soar To Record High

China’s crude oil imports reached…

Energy / Crude Oil

Conflict Rising in Iraq Over Oil Contracts and Revenues

Conflict Rising in Iraq Over Oil Contracts and Revenues

Nov 15, 2011 at 16:58 | John Daly

In a development that surprises no-one except armchair analysts, trouble is brewing in Iraq over the sharing of oil revenues between Iraq’s largely autonomous Kurdish region and the central authorities…

China's Energy Investments on a Global Roll, Now Include Brazil

China's Energy Investments on a Global Roll, Now Include Brazil

Nov 14, 2011 at 17:49 | John Daly

China, flush with cash, is on a global search to acquire any and all overseas energy assets. China Petrochemical Corp., known more familiarly as the Sinopec Group, Asia's biggest refiner,…

More Oil Discovered in Nigeria - Surprise, Surprise

More Oil Discovered in Nigeria - Surprise, Surprise

Nov 10, 2011 at 17:50 | John Daly

On 8 November French company Total S.A. announced that its local subsidiary, Total E and P Nigeria Ltd (TEPNG), struck oil in the southeastern corner of its Oil Mining Lease…

No Growth in Oil Production for 7 Years - Will Alternatives Arrive Soon Enough?

No Growth in Oil Production for 7 Years - Will Alternatives Arrive Soon Enough?

Nov 08, 2011 at 07:45 | Kurt Cobb

As oil prices rose ever higher in the last decade, the optimists kept predicting rising production capacity and plummeting prices. Looks like they got it wrong. We are entering what…

Peak Oil: The Five Most Common Misconceptions

Peak Oil: The Five Most Common Misconceptions

Nov 08, 2011 at 07:33 | Robert Rapier

I have just returned from the annual ASPO conference in Washington, D.C. This was only my 2nd ASPO conference; the first one I attended was in 2008 in Sacramento. There…

Peak Oil - Why We need to Plan Now

Peak Oil - Why We need to Plan Now

Nov 04, 2011 at 08:40 | Tom Murphy

It was by teaching a course on energy in 2004 that I first became aware of the enormous challenges facing our society this century. In preparing for the course, I…

Peak Production for U.S. Oil-Producing Regions

Peak Production for U.S. Oil-Producing Regions

Oct 21, 2011 at 07:31 | James Hamilton

I've just finished a new paper on Oil prices, exhaustible resources, and economic growth (click here for paper), which explores details behind the phenomenal increase in global crude oil…

IEA Wrong to Expect Oil Production Growth to Come from MENA

IEA Wrong to Expect Oil Production Growth to Come from MENA

Oct 20, 2011 at 08:53 | Gail Tverberg

Recently, the International Energy Agency’s Chief Economist Fatih Birol was quoted as saying, In the next 10 years, more than 90% of the growth in global oil production needs…

Peak Oil and the European Debt Crisis

Peak Oil and the European Debt Crisis

Oct 14, 2011 at 07:51 | Post Carbon

With every passing day it is becoming more apparent that the crisis of the depletion of cheap oil has become deeply enmeshed in the European debt crises. The sequence of…

Oil Boom in the USA

Oil Boom in the USA

Oct 12, 2011 at 07:42 | Brian Westenhaus

The USA, largest consumer of oil and perhaps about fourth in production has entered an oil boom.  Not only is it related to improvements in production technology, but U.S. demand…

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