Colombia's national oil company faces…
The EIA has increased its…
Vladimir Putin and Mohammed bin…
Oil demand in the United States was stronger in May compared with the same time last year. The U.S. Energy Department, in its monthly report, found consumption rose for the…
The Q2:2012 economic reports are in and—to use a technical term—the results suck! GDP growth has slowed to 1.5%, unemployment rates remain stubbornly high at 8.2% over average nationwide but…
Oilprice.com’s geopolitical editor Daniel J. Graeber was a guest on Infowars evening show last night where he discussed the following topics: • Middle East tensions and their impact on oil prices.
The Association of American Railroads reports the number of rail tankers carrying crude oil and petroleum products in the United States increased more than 35 percent during the first six…
GASFRAC of Calgary, Alberta, Canada, has developed an innovative closed stimulation process and injection method, utilizing gelled LPG rather than water based conventional formation fracturing fluids.The firm…
Pakistan has glimpsed its energy future, and it is brown – coal, to be exact.Sindh Engro Coal Mining Co. is developing the $3 billion Thar Coal mining project…
We talk about the possibility of reducing fossil fuel use by 80% by 2050 and ramping up renewables at the same time, to help prevent climate change. If we did…
It's easy to forget that every piece of our current infrastructure--roads, rails, runways, bridges, industrial plants, housing--was built with a certain temperature range in mind. Our agricultural system and much…
China’s $15.1 billion bid to acquire Canada’s Nexen oil company threatens to turn China into a owner rather just a major buyer of Canadian oil, and prompts a surge in…
Few people are aware that Iran is currently subjected to not one, but three sets of sanctions imposed by U.S., the United Nations and the European Union, the latter two…
The top two corporations on the Fortune 500 Global ranking, Royal Dutch Shell and ExxonMobil, announced their 2012 second-quarter earnings last week, bringing the total profits for three Big…
Provincial authorities in Alberta announced plans to review pipeline safety regulations following a series of oil spills in the region. Plains Midstream Canada, Pace Energy Oil and Gas, and Enbridge…
Proponents of natural gas fracturing and oil drilling are delirious with joy over the ability to recover shale gas, which has brought down world gas prices and made the US…
A recent study by Luciana Juvenal and Ivan Petrella suggests that the financialization of oil futures markets contributed significantly to the surge in oil prices after 2003.
The Big Five oil companies – BP, Chevron, ConocoPhillips, ExxonMobil and Shell – are slated to announce their 2012 second-quarter profits later this week.We can expect these companies,…
The energy business cycle has always been dominated by boom and bust cycles. Through changes in technology, economic conditions and regulation nothing has altered that cyclical pattern. We have, however,…
North America's shale drilling revolution is taking a toll on natural gas producers.The reason? The shale boom has generated a tremendous oversupply of Natural Gas Liquids (NGLs) –…
California, which imports over 25% of its electricity from out of state, is in no position to lose half (!) of its entire nuclear power capacity. But that’s exactly what…
The UK’s Department of Energy & Climate Change (DECC) has succeeded in holding cuts to onshore wind subsidies at 10% – winning a battle with the finance ministry, which wanted…
The future is a surreal shade of green. A glimpse into up-and-coming trends that will change the way we live includes washing-machine toilets, fitness-powered street lamps and home appliances, eco…