• 9 minutes Chile Becomes The Latest Country To Commit To 100% Renewables
  • 12 minutes Does S Arabia Have 2 Mln Barrels in Spare Capacity?
  • 19 minutes Can US sue OPEC?
  • 55 mins Rally on Hold, if 69.5 don't break, 62.5 could be next.
  • 20 hours 67.50 was the low for now, $70 - $76+ back in play
  • 3 hours US disavows carbon tax
  • 19 hours Google, Hit With Record $5 billion EU Antitrust fine, To Appeal
  • 1 day Trudeau Shuffles Cabinet, Seeks To Reduce Reliance On U.S.
  • 1 hour FBI Director: Russia Continues to Sow Discord In The U.S.
  • 11 mins Britain Has Identified Russians Suspected Of Skripal Nerve Attack?
  • 2 hours Where 3 Million Electric Vehicle Batteries Will Go When They Retire?
  • 20 hours Daimler and BMW Will Beat Tesla in EV Race
  • 12 hours China’s Technology Sector Takes On Silicon Valley
  • 1 day Chartist predicting a $1 fall, after WTI drops $10
  • 22 hours Rio Tinto Says $4-Million Goodbye to Coal
  • 3 hours Iran's President Warns Over U.S. Push For Countries To Stop Buying Oil From Iran
Oil Sector Under Fire In Libyan Corruption Crackdown

Oil Sector Under Fire In Libyan Corruption Crackdown

Libya’s oil sector could be…

No End In Sight For Venezuela’s Oil Crisis

No End In Sight For Venezuela’s Oil Crisis

Venezuela saw its production plunge…

EIA Reports Largest Crude Draw Since 2016

EIA Reports Largest Crude Draw Since 2016

Oil prices popped on Wednesday…

Energy

Post-Occupation Iraq Losing Appeal

Post-Occupation Iraq Losing Appeal

Jun 05, 2012 at 17:34 | Daniel J. Graeber

On Monday, a suicide bomber in Iraq detonated his car bomb outside the Baghdad offices of a government-backed Shiite group, leaving at least 190 people wounded and 26 people…

Shale Play in Western Siberia is 80 Times Bigger than the Bakken

Shale Play in Western Siberia is 80 Times Bigger than the Bakken

Jun 05, 2012 at 17:08 | James Burgess

The Bakken shale is a huge expanse of oil-bearing rock that lies underneath Northern Dakota and Montana. Oil production in the Bakken has grown from just 60,000 barrels per day…

Spain's Respol Shifts its Focus to Latin America’s Energy Superpower Brazil

Spain's Respol Shifts its Focus to Latin America’s Energy Superpower Brazil

Jun 03, 2012 at 09:40 | John Daly

Spain’s energy conglomerate Repsol has had an interesting few months in Latin America.  In 1999 Repsol bought Argentina’s Yacimientos Petroliferos Fiscales (YPF), creating Respol-YPF to begin exploiting Argentina’s…

Carving Up Iraq, Barrel by Barrel

Carving Up Iraq, Barrel by Barrel

Jun 01, 2012 at 16:54 | Jen Alic

Iraq’s latest energy auction was a flop, and while major international companies balked at everything from unattractive contract terms to security concerns, the failure of the auction highlights how the…

Making the Human Body more Energy Efficient

Making the Human Body more Energy Efficient

Jun 01, 2012 at 16:36 | Tom Murphy

If you’re one of those humans who actually eats food, like I am, then a non-negligible part of your energy allocation goes into food production. As an approximate rule-of-thumb, each…

How to Protect a Smart Grid from Threats in the Future

How to Protect a Smart Grid from Threats in the Future

Jun 01, 2012 at 16:23 | Gary Hunt

Cyber terrorism is the nightmare scenario for the energy industry. Fear, uncertainty and doubt (FUD) are the weapons of choice.  In the ‘good old days’ we worried about hurricanes, tornadoes,…

Curtain Closing on Canadian Crude

Curtain Closing on Canadian Crude

May 31, 2012 at 17:54 | Daniel J. Graeber

Shell announced plans to expand its oil sands operations in Alberta province by as much as 90,000 bpd and said similar efforts were under way to make the country's western…

Reports of Nabucco Pipeline's Death are Exaggerated

Reports of Nabucco Pipeline's Death are Exaggerated

May 31, 2012 at 17:51 | Daniel J. Graeber

The refining director at BP caused a stir last week in Berlin when he was interpreted as saying the full version of the Nabucco natural gas pipeline was no longer…

Canada - More of the Great White North Up for Energy Development?

Canada - More of the Great White North Up for Energy Development?

May 30, 2012 at 17:09 | John Daly

Quick – which is the U.S.’s biggest supply of non-OPEC oil? Canada - according to the U.S. Energy Administration, the United States total crude oil imports now average 9.033…

Behind the Low Oil Prices Lurks a Struggling Economy

Behind the Low Oil Prices Lurks a Struggling Economy

May 30, 2012 at 17:05 | Jen Alic

As oil prices drop to below $90 a barrel this week, reaching a seven-month low, it’s fine to take heart in the accompanying dip in gas prices at the pump,…

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