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Chinese Refiner Stops U.S. Oil Imports, Turns To Iranian Crude

Chinese Refiner Stops U.S. Oil Imports, Turns To Iranian Crude

Independent refiner Dongming Petrochemical Group…

Energy

How Fracking Threatens the Health of the Mortgage Industry

How Fracking Threatens the Health of the Mortgage Industry

May 24, 2012 at 17:03 | Kurt Cobb

One fact ought to tell you all you need to know about the risks faced by homeowners signing leases for natural gas drilling on their property: Wells Fargo & Company,…

Megrahi's Death Only Beginning in Libyan Oil Saga

Megrahi's Death Only Beginning in Libyan Oil Saga

May 23, 2012 at 17:33 | Daniel J. Graeber

Scottish authorities this week said the death of convicted Lockerbie bomber Abdelbaset al-Megrahi puts an end to conspiracy theories surrounding his controversial release in 2009. Scottish authorities insisted his release…

OPEC's View of the World Oil Market

OPEC's View of the World Oil Market

May 23, 2012 at 17:29 | Dave Summers

It is interesting to read the viewpoint of OPEC each month, as it relates to global oil supply, and the numbers that they rely on to estimate how much…

The Facts about Fracking Fluid and its Disposal

The Facts about Fracking Fluid and its Disposal

May 23, 2012 at 17:12 | Barry Stevens

At a recent shale gas symposium in South Africa a question was asked “if hydraulic fracturing is so safe, why do drilling operators working in Pennsylvania’s Marcellus Shale Play dispose…

Iran Oil Sanctions After the Baghdad Talks

Iran Oil Sanctions After the Baghdad Talks

May 23, 2012 at 17:07 | Jen Alic

SituationIran tentatively agreed on 22 May to allow the UN’s nuclear watchdog, the International Atomic Energy Agency (IAEA), to launch inspections of nuclear facilities, while Iran and P5+1 countries…

China Warns Australia to Choose

China Warns Australia to Choose "Godfather" - China or U.S.

May 22, 2012 at 18:31 | John Daly

It is rare in diplomatic circles for governments to speak bluntly, particularly in the Orient, where manners are highly prized.The exceptions to this rule are retired military officers,…

Kurdish Oil Pipeline Could Split Iraq

Kurdish Oil Pipeline Could Split Iraq

May 22, 2012 at 18:22 | Daniel J. Graeber

Nearly 10 years of oversight from the U.S. military in Iraq has done little to erase simmering sectarian issues in Iraq. A trilateral democratic government composed of Shiite, Sunni and…

Is a Carbon Disaster Brewing in The Pacific Northwest?

Is a Carbon Disaster Brewing in The Pacific Northwest?

May 22, 2012 at 18:16 | Dave Cohen

Optimists and politicians like to remind us that U.S. exports are booming. Unfortunately, so are imports.

New Fuel Injection System to make Petrol Engines as Efficient as Hybrids

New Fuel Injection System to make Petrol Engines as Efficient as Hybrids

May 22, 2012 at 18:02 | Brian Westenhaus

Delphi is developing an engine fuel injection technology that could improve the fuel economy of gas-powered cars by 50 percent, potentially rivalling the performance of hybrid vehicles at less cost.…

Scientists Studying the Link between Fracking and Recent Earthquakes in Texas

Scientists Studying the Link between Fracking and Recent Earthquakes in Texas

May 22, 2012 at 17:54 | Climate Progress

Scientists from two Texas universities are looking into a pair of recent earthquakes near the Texas-Louisiana border for clues to whether they were related to underground injection of oil and…

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