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Breaking News:

Kenya and Uganda End Oil Imports Dispute

Will Waning Gasoline Demand Drag Oil Prices Down?

Will Waning Gasoline Demand Drag Oil Prices Down?

Oil markets were looking forward…

Why Morgan Stanley Says to Buy Energy Stocks Right Now

Why Morgan Stanley Says to Buy Energy Stocks Right Now

Morgan Stanley remains pessimistic about…

Energy

Obama Admin Raises Liability Cap for Oil Spills

Feb 25, 2014 at 15:18 | Nick Cunningham

On February 21, the U.S. Department of Interior proposed raising the cap on liabilities that oil companies are forced to pay in the event of an oil spill. The…

Keystone Decision in Two Months?

Feb 25, 2014 at 15:11 | James Burgess

While Republican governors claimed on Monday that President Barack Obama has given assurances of a decision on the Keystone XL pipeline within the next couple of months, the White House…

Saudi Arabia: When the Old Guard Fails, Bring in ..the Old Guard

Feb 25, 2014 at 15:02 | Claude Salhani

Here is a prediction: if the current war in Syria is not contained it will only be a matter of time before it affects any and all the countries that…

Is it Time to Let BP back in the U.S. Oil Game?

Feb 24, 2014 at 17:12 | Daniel J. Graeber

BP is hard at work in the Gulf of Mexico, launching a third phase to a legacy project off the coast of New Orleans. Outside of the production phase, it's…

U.S. Army’s $7 Billion Interest in Renewable Energy

Feb 24, 2014 at 16:59 | John Daly

Slowly but surely, the U.S. armed forces are getting serious about renewable energy. In April 2012, the White House announced the Defense Department was making one of the largest…

Devon Sells Canadian Conventional Assets for $2.8 Billion

Feb 24, 2014 at 16:49 | Charles Kennedy

US oil producer Devon Energy will sell the bulk of its conventional assets in Canada for around $2.8 billion in cash to Canadian Natural Resources. The sale—expected…

Japan Hints at Nuclear Safety Resolution

Feb 24, 2014 at 16:42 | James Burgess

Some two weeks after a “pro-nuclear” victory in the Tokyo gubernatorial elections, Japan’s nuclear regulator has indicated that it may be close to a decision on whether one or more…

Four Countries that Could Send Oil Prices Up

Feb 24, 2014 at 09:38 | Editorial Dept

The week of February 17 has been a violent one, with protests, intense political unrest, and many casualties in several countries around the world. Protestors in Ukraine are stealing the…

First, The Bad News…

Feb 24, 2014 at 09:26 | Editorial Dept

This is my first article for Oilprice.com, so I tried to find something really upbeat to write about. I wanted to be positive and to re-assure those of you here…

One for the Speculators Amongst You

Feb 24, 2014 at 09:12 | Dan Dicker

The last several weeks have seen some very strong US crude oil prices, adding strength to my prediction that we'll likely see average prices of well over $100 a barrel…

2 Answers to The Most Profitable Question in Energy

Feb 24, 2014 at 09:07 | Editorial Dept

There’s one question that’s on the minds of energy investors the world over. Where will be the next place for shale gas and oil?It’s worth pondering. The profits…

Sahel Energy Advisory

Feb 24, 2014 at 09:03 | Editorial Dept

Morocco and Western Sahara in the SpotlightWith the hunt for oil picking up momentum in Morocco—considered an investor’s haven compared to other Sahelian countries—we are closely watching controversial…

Israel, Jordan Sign Gas Deal While Kurdish Oil Battle Lives On

Feb 21, 2014 at 18:32 | James Stafford

This week in energy we feel compelled to head to the Middle East, where we have seen movement on Israeli gas—another boon for US-based Noble Energy Inc.—and the hydrocarbons showdown…

Can U.S. LNG Break Russia’s Gas Grip on Europe?

Feb 21, 2014 at 17:14 | Nick Cunningham

The spread between natural gas prices in the United States and Asia has many U.S. producers salivating at the prospect of shipping LNG overseas. Japan, the largest importer of LNG…

Tesla Shares Spike on Lower Costs

Feb 21, 2014 at 17:04 | Charles Kennedy

Shares in Tesla Motors Inc. jumped 12.3% to $217.44 in trading on Wednesday, after the electric car maker posted impressive fourth-quarter results and predicted double sales this year.

Power, Greed, Political Influence: Whose Energy Debate is This?

Feb 21, 2014 at 16:47 | Daniel J. Graeber

Billionaire Tom Steyer launched a campaign to rival the conservative Koch brothers and supporters of the Keystone XL oil pipeline. A rival campaign that cost a Nevada solar power project…

Gazprom’s Next Acquisition – Algeria?

Feb 21, 2014 at 16:35 | John Daly

Russia’s oil and natural gas state monopoly Gazprom has been offered joint venture exploration projects in Algeria, the first foreign company to be invited to work in the country. The…

Opportunity for U.S. LNG Exporters May Be Limited

Feb 20, 2014 at 16:14 | Nick Cunningham

Natural gas prices in the U.S. for quite a few years now have hovered between the $2 and $4 per million btu (MMBtu) range, while they have reached as high…

Iran Talks Potential Nuclear-Oil Swap with Russia

Feb 20, 2014 at 15:55 | James Burgess

As talk of a potential oil swap deal between Russian and Iran allegedly pick up pace, mainstream media reports say that Russia is considering the construction of a second…

Reaching Limits to Growth: What Should our Response Be?

Feb 20, 2014 at 15:34 | Gail Tverberg

Oil limits seem to be pushing us toward a permanent downturn, including a crash in credit availability, loss of jobs, and even possible government collapse. In this process, we are…

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