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Breaking News:

Russia Plans To Boost Crude Oil Exports

The Real Winner Of The OPEC+ Pact

The Real Winner Of The OPEC+ Pact

Russia has made more money…

Chinese Oil Imports Soar To Record High

Chinese Oil Imports Soar To Record High

China’s crude oil imports reached…

Energy / Crude Oil

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…

Venezuela’s Oil Industry Hurting Despite Huge Reserves

Venezuela’s Oil Industry Hurting Despite Huge Reserves

Jan 17, 2011 at 08:33 | Al Fin

Jorge Pinon, an energy expert at Florida International University in Miami, said that Venezuela's state oil company has suffered from a lack of adequate technology and investment, hurting oil output…

Oil Shale Mining and Research Picking Up Steam

Oil Shale Mining and Research Picking Up Steam

Jan 15, 2011 at 09:04 | Al Fin

Estonia's largest oil shale mining company, Eesti Energia, reported the largest oil shale production figures in 18 years for 2010 - 17 million tons, up 3 million tons from the…

Declining Crude Oil Production and Incorrect Energy Data

Declining Crude Oil Production and Incorrect Energy Data

Jan 14, 2011 at 10:09 | The Oil Drum

The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of…

Investors Beware: Hidden Dangers of Increasing U.S. Dependence on Canadian Oil Sands

Investors Beware: Hidden Dangers of Increasing U.S. Dependence on Canadian Oil Sands

Jan 13, 2011 at 08:06 | Ed Dolan

Canada is the biggest supplier of oil imports to the United States. Increasingly, those imports come from its vast reserves of oil sands. Is the growing U.S. dependence on Canadian…

The First Oil Shock

The First Oil Shock

Jan 13, 2011 at 07:52 | James Hamilton

A research paper by Eyal Dvir of Boston College and Ken Rogoff of Harvard suggests some interesting parallels between the recent behavior of oil prices and what was observed…

What is Big Oil Thinking but Not Saying

What is Big Oil Thinking but Not Saying

Jan 07, 2011 at 11:10 | Brian Westenhaus

Big Oil is much smarter than people think.  By Big Oil this writer means the free world’s independent oil companies.  For those watching, Big Oil has been shifting the publicly…

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