• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 mins Could Someone Give Me Insights on the Future of Renewable Energy?
  • 10 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 9 hours e-truck insanity
  • 4 days Bankruptcy in the Industry
  • 22 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days The United States produced more crude oil than any nation, at any time.
Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

U.S. Oil and Gas Boom Poses Challenge to Climate Goals

U.S. Oil and Gas Boom Poses Challenge to Climate Goals

Despite renewable energy efforts, the…

Energy

Is Iran fooling the West?

Feb 18, 2014 at 16:45 | Claude Salhani

There are growing concerns in some political circles that the pressure placed on Iran to have it stop its nuclear development programs may have been lifted too early. At…

South Sudan Oil Under Fire as Rebels Take Capital

Feb 18, 2014 at 16:36 | Charles Kennedy

After two months of violence, South Sudanese rebels have largely seized control of the capital city, Malakal, threatening to upset the oil production in the newly independent state’s only…

Iranian Oil Exports Increase After Nuclear Deal

Feb 17, 2014 at 17:13 | Nick Cunningham

Shaking off some of the restrictions of international sanctions, Iran managed to boost its oil exports by 100,000 barrels per day in January. According to the IEA, Iran was…

Where's the Real Cost of Climate Change?

Feb 17, 2014 at 16:54 | Daniel J. Graeber

U.S. Secretary of State John Kerry says it's time to have a frank conversation about climate issues, putting the matter on the same footing as weapons of mass destruction. The…

Lockheed Martin to Build World’s Largest Wave Power Facility in Australia

Feb 17, 2014 at 16:35 | John Daly

The world’s largest defense contractor, U.S. Lockheed Martin Corp., better known for its military weaponry programs, is beginning to back renewable energy.On 11 February the Bethesda-based Lockheed Martin…

Shell’s Asset Purge to Hit UK North Sea

Feb 17, 2014 at 16:25 | James Burgess

Royal Dutch Shell has announced plans to sell three oil and gas assets in the North Sea as the supermajor seeks to divest some $15 billion in assets.Shell…

Cyberattack on Energy Sector would be 'Devastating'

Feb 14, 2014 at 16:45 | Daniel J. Graeber

An annual index from IHS Jane's Terrorism and Insurgency Center said acts of violence committed by non-state actors since 2009 increased by more than 150 percent. But for Internet security…

Turkey Opts Out of Iranian Gas Project

Feb 14, 2014 at 16:34 | Charles Kennedy

The Turkish state-owned upstream oil and gas operator TPAO will not undertake any investment in Iran's massive South Pars gas field even as the oil and gas multitudes line up…

No Foreign Drilling to be Allowed in Iran’s Caspian Waters

Feb 14, 2014 at 16:14 | John Daly

While foreign energy companies eagerly await the easing of sanctions on Iran, there is one area of the country that will be off-limits to them – Iran’s claimed Caspian waters.

Russian Lukoil Considers Re-Entry into Iranian Oil

Feb 14, 2014 at 16:05 | Joao Peixe

Russian Lukoil has announced its preparedness to return to Iran's Anaran oil project once the US-led sanctions against the Islamic Republic's energy sector are lifted.Lukoil and Norway’s…

This Event Signals A Coal Boom Coming

Feb 14, 2014 at 14:19 | Editorial Dept

There are exactly two ways to succeed in investing.First, be a visionary. Look at the data everyone else is puzzling over and see something they don't. Then translate…

The Syrian Oil Report

Feb 14, 2014 at 14:13 | Editorial Dept

Syria has around 2.5 billion barrels of crude oil, which makes it the largest in terms of proven reserves in the eastern Mediterranean, but overall in the global scheme of…

East Asia Energy Advisory

Feb 14, 2014 at 14:10 | Editorial Dept

Japan’s nuclear dilemma and Asia’s LNG hunger.JapanThe pro-nuclear camp has won the critical 9 February Tokyo gubernatorial elections, and while this is not a straight-out victory…

Oil Market Forecast & Review 14th February 2014

Feb 14, 2014 at 14:04 | Editorial Dept

March Crude Oil futures closed over $100.00 per barrel this week without much fanfare. The rally took out the previous top from December 2013 at $100.79, but fell short of…

This Week in Energy: April D-Day for Alaska’s Massive Gas Plans

Feb 14, 2014 at 13:50 | James Stafford

Alaska stands at an interesting energy crossroads, with the State Legislature considering the fate of a massive liquefied natural gas project that would be an economic boost for the state…

Big Oil Sheds Assets to Fix Balance Sheets

Feb 13, 2014 at 18:03 | Nick Cunningham

The oil industry may be in the midst of entering a new phase of high costs and slower growth. New oil discoveries are harder to come by, and the scramble…

Bill Gates’ Energy Co Files for Bankruptcy

Feb 13, 2014 at 17:48 | Charles Kennedy

Bill Gates’ Texas energy company has filed for bankruptcy protection as the depressed power market results in untenable financial losses. The company, Optim Energy (EnergyCo LLC), owned by…

Chevron Pennsylvania Well Still Burning After Explosion

Feb 13, 2014 at 17:34 | Joao Peixe

A well in Pennsylvania’s Marcellus Shale operated by Chevron is still burning two days after an explosion that left one worker injured another reported missing. An early morning…

Western Energy Companies to Re-enter Iran’s Oil and Gas Sector

Feb 13, 2014 at 17:17 | Global Risk Insights

Iran is planning to increase its oil production by an additional 1 million barrels per day (mb/d) in 2014, provided that negotiations result in the easing of oil export sanctions…

BP Predicts an Energy Self-Sufficient Future by 2035

Feb 13, 2014 at 17:02 | Brian Westenhaus

BP begins its new forecast for the energy future with the statement:We project that by 2035 the US will be energy self-sufficient while maintaining its position as…

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