The U.S. has reimposed sanctions…
A new study reveals that…
Four projects were planned offshore…
The US shale revolution has remarkably influenced global energy markets over the past five years. Can falling oil prices tarnish the extraordinary…
Germany is looking into cutting its use of coal power, at the same time that it is cutting out nuclear. If…
The EIA, a few days ago posted their International Energy Statistics. They publish lots of statistics here, but on a monthly basis. I only follow their production of world…
In a clear understatement, particularly with regard to the direction of energy policy, President Obama remarked: “Obviously, Republicans had a good night.” The GOP reclaimed control of the Senate…
Pro-fracking campaign in the global media is fading fast. A year or two ago the extraction method suitable for the Arizona desert…
The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The Oil Drum (The “Red Queen”…
It has been a chastening few months for gas-rich Turkmenistan. Two long-standing energy buyers have indicated they will stop purchasing the country’s natural gas, potentially leaving Ashgabat dependent on Chinese…
One of the most frustrating bits of legislation affecting the oil industry looks to be slowly eroding, if not completely. The ban on U.S. oil exports goes back to 1975,…
In going over the 3rd quarter reports from the US E+P’s, the report from Continental Resources (CLR) was the most interesting to me. Harold Hamm, CEO of Continental, was virtually…
There is an enormous sense of relief in the U.S. at the moment. Not necessarily because the Republican Party won the mid-term elections, but just because they are over and…
The oil industry has steadily moved deeper and deeper offshore to tap oil reserves in harder to reach places. This trend is a function of depleting reserves of easy oil,…
Natural Gas Outlook Natural gas producers may have set a record for stockpile additions in the last week in October, but this didn’t sway traders who continued to push the…
One of the biggest complaints levelled at the energy industry when it comes to fracking involves the amount of water used in the process of cracking open layers of shale…
For a country of the size and complexity of India, there can be no easy solution to a problem as fundamental as giving the whole country access to steady power.…
The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing, regardless of how low oil…
The US Republican Party has reason to celebrate Tuesday’s victories at the polls. Not only will they now control both the Senate and the House of Representatives when Congress reconvenes…
The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. Behind the stardom of…
Saudi Arabia’s move to cut the cost of its oil to US customers has injected fear into the oil markets, bringing the price of OPEC crude below $80 and suggesting…
In 2002 California set itself an ambitious renewable energy target – a third of its electricity from renewables by 2020 – and according to Figure 1 of the California Public…
The EIA just released their Petroleum Supply Monthly where they give their estimates of US crude production as well as the crude production for all states and territories through…