• 7 hours Iraq Begins To Rebuild Largest Refinery
  • 11 hours Canadian Producers Struggle To Find Transport Oil Cargo
  • 13 hours Venezuela’s PDVSA Makes $539M Interest Payments On Bonds
  • 15 hours China's CNPC Considers Taking Over South Pars Gas Field
  • 16 hours BP To Invest $200 Million In Solar
  • 17 hours Tesla Opens New Showroom In NYC
  • 18 hours Petrobras CEO Hints At New Partner In Oil-Rich Campos Basin
  • 20 hours Venezuela Sells Oil Refinery Stake To Cuba
  • 1 day Tesla Is “Headed For A Brick Wall”
  • 1 day Norwegian Pension Fund Set to Divest From Oil Sands and Coal Ventures
  • 1 day IEA: “2018 Might Not Be Quite So Happy For OPEC Producers”
  • 2 days Goldman Bullish On Oil Markets
  • 2 days OPEC Member Nigeria To Issue Africa’s First Sovereign Green Bond
  • 2 days Nigeria To Spend $1B Of Oil Money Fighting Boko Haram
  • 2 days Syria Aims To Begin Offshore Gas Exploration In 2019
  • 2 days Australian Watchdog Blocks BP Fuel Station Acquisition
  • 2 days Colombia Boosts Oil & Gas Investment
  • 2 days Environmentalists Rev Up Anti-Keystone XL Angst Amongst Landowners
  • 2 days Venezuelan Default Swap Bonds At 19.25 Cents On The Dollar
  • 3 days Aramco On The Hunt For IPO Global Coordinators
  • 3 days ADNOC Distribution Jumps 16% At Market Debut In UAE
  • 3 days India Feels the Pinch As Oil Prices Rise
  • 3 days Aramco Announces $40 Billion Investment Program
  • 3 days Top Insurer Axa To Exit Oil Sands
  • 4 days API Reports Huge Crude Draw
  • 4 days Venezuela “Can’t Even Write A Check For $21.5M Dollars.”
  • 4 days EIA Lowers 2018 Oil Demand Growth Estimates By 40,000 Bpd
  • 4 days Trump Set To Open Atlantic Coast To Oil, Gas Drilling
  • 4 days Norway’s Oil And Gas Investment To Drop For Fourth Consecutive Year
  • 4 days Saudis Plan To Hike Gasoline Prices By 80% In January
  • 4 days Exxon To Start Reporting On Climate Change Effect
  • 4 days US Geological Survey To Reevaluate Bakken Oil Reserves
  • 4 days Brazil Cuts Local Content Requirements to Attract Oil Investors
  • 5 days Forties Pipeline Could Remain Shuttered For Weeks
  • 5 days Desjardins Ends Energy Loan Moratorium
  • 5 days ADNOC Distribution IPO Valuation Could Be Lesson For Aramco
  • 5 days Russia May Turn To Cryptocurrencies For Oil Trade
  • 5 days Iraq-Iran Oil Swap Deal To Run For 1 Year
  • 7 days Venezuelan Crude Exports To U.S. Fall To 15-year Lows
  • 7 days Mexico Blames Brazil For Failing Auction

Breaking News:

Iraq Begins To Rebuild Largest Refinery

Gasoline Prices Begin To Fall As Demand Tapers Off

Gasoline Prices Begin To Fall As Demand Tapers Off

Gasoline prices in the United…

Oil Prices Slide On Major Gasoline Build

Oil Prices Slide On Major Gasoline Build

Oil prices fell on Wednesday…

Nigeria Reforms Oil Sector To Draw New Investment

Nigeria Reforms Oil Sector To Draw New Investment

Nigeria has announced plans to…

Energy

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…

“Energy Man” Now Defines Modern Society, and Strategic Planning Must Reflect This

“Energy Man” Now Defines Modern Society, and Strategic Planning Must Reflect This

Jan 17, 2011 at 08:59 | Gregory R. Copley

Energy has now become literally a component, an organ, of the human being in modern society. Energy dependence/capability — now a fundamental trait of modern human logic and survival…

Rising Oil Prices and Municipal Bond Defaults

Rising Oil Prices and Municipal Bond Defaults

Jan 17, 2011 at 08:43 | Gail Tverberg

I have written quite often saying that rising oil prices can be expected to lead to debt defaults. For a while, some of this was hidden through lower oil prices…

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…

Who, How and Why: $140 Oil and $5 Gas

Who, How and Why: $140 Oil and $5 Gas

Jan 13, 2011 at 13:32 | Llewellyn King

According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the "end of days."  On or about that same date, the price of oil in the United States…

EU Officials in Visit to Azerbaijan to Secure Natural Gas Supplies

EU Officials in Visit to Azerbaijan to Secure Natural Gas Supplies

Jan 13, 2011 at 13:27 | RFE/RL staff

Top European Union officials, including European Commission President Jose Manuel Barroso and Energy Commissioner Guenther Oettinger, are due to open a visit to Azerbaijan today as part of efforts to…

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…

Oilprice - The No. 1 Source for Oil & Energy News