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Oil Prices Spike As EIA Confirms Inventory Draw

Oil Prices Spike As EIA Confirms Inventory Draw

Oil prices were climbing rapidly…

Russia’s Next Oil Boom Is Happening In The Arctic

Russia’s Next Oil Boom Is Happening In The Arctic

Russia’s energy majors are betting…

Energy / Energy-General

EIA: Gulf Oil Production Set For Rebound

EIA: Gulf Oil Production Set For Rebound

May 07, 2014 at 17:25 | Daniel J. Graeber

Oil production in the Gulf of Mexico is on the road to recovery, with next year's projected level on pace to end a four-year slump.The U.S. Energy Information…

Russia Claims Ukraine’s Black Sea Oil And Gas Bounty

Russia Claims Ukraine’s Black Sea Oil And Gas Bounty

May 07, 2014 at 17:14 | John Daly

Russia’s annexation of Crimea has totally upended Kiev’s plans for Black Sea and Sea of Azov offshore oil and natural gas production.Before the peninsula’s March 16 independence referendum,…

Russia Practicing 'Geo-economic Warfare' Oilprice's Robert Bensh Tells CNBC

Russia Practicing 'Geo-economic Warfare' Oilprice's Robert Bensh Tells CNBC

May 07, 2014 at 16:59 | CNBC

The last few days have brought the worst violence yet since the ongoing struggle between the governments of Ukraine, Russia and their respective civilian supporters began, and power players…

Problems At Petrobras Mount As Brazil’s Oil Production Stagnates

Problems At Petrobras Mount As Brazil’s Oil Production Stagnates

May 06, 2014 at 17:06 | Nick Cunningham

For the past 30 years or so, Brazil has increased its oil production every year. Brazil’s state-owned oil company, Petrobras, has become a world class producer of offshore drilling technology,…

Kazakhstan Hedging Oil Bets With Diversification Strategy

Kazakhstan Hedging Oil Bets With Diversification Strategy

May 06, 2014 at 16:50 | Daniel J. Graeber

A "new paradigm" shift in the economic model for Kazakhstan may suggest its hopes for a major windfall from the Kashagan oil field are fading.The Asian Development Bank…

Marcellus Gas Displacing Alberta Suppliers

Marcellus Gas Displacing Alberta Suppliers

May 06, 2014 at 16:39 | Chris Pedersen

For anyone covering the energy industry, it is often wise to take most production forecasts with a healthy dose of skepticism. The Marcellus shale gas production growth has turned out…

Israel Celebrates 66th Anniversary With Some Peace, Some Oil, Some Incertitude

Israel Celebrates 66th Anniversary With Some Peace, Some Oil, Some Incertitude

May 06, 2014 at 16:22 | Claude Salhani

May 5th marked the 66th anniversary of the founding of Israel. As the Jewish state marked the occasion, the government looks forward to exploiting the recently discovered oil and gas…

Visegrad Group Urges U.S. To Hasten LNG Exports

Visegrad Group Urges U.S. To Hasten LNG Exports

May 05, 2014 at 17:15 | Llewellyn King

The trouble with gas is that it is not as easy to move around as oil, which is a problem, because it’s on the verge of becoming as important.

Diamonds From Smog? China Plans To Try It

Diamonds From Smog? China Plans To Try It

May 05, 2014 at 17:05 | MINING.com

Dutch designer Daan Roosegaarde and a team of other artists and engineers are developing a new, energy-friendly mechanism that sucks smog out of the air and transforms it into diamonds.

Another George Bush Enters Politics, Seeks Powerful Texas Energy Post

Another George Bush Enters Politics, Seeks Powerful Texas Energy Post

May 05, 2014 at 16:48 | Climate Progress

George Prescott Bush, the 38-year-old son of Jeb Bush, former governor of Florida, has brought the Bush dynasty into a new generation by entering his first political race this year…

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