Texas pulled $8.5 billion from…
After their U.S. peers, now…
Radia's WindRunner cargo plane design…
An explosion at a refinery in Antwerp, Belgium operated by France’s Total SA on 19 November has killed two subcontractors. The explosion occurred in a steam…
The energy renaissance in the United States and Canada has left Mexico largely behind. While American and Canadian crude production has jumped over thirty percent in the last decade, Mexican…
A Russian court granted bail Monday to two of the 30 people arrested when activists with Greenpeace tried to climb the Arctic-class ice-resistant Prirazlomnaya oil rig deployed in the Pechora…
More than 400 shale oil and gas wells will be drilled outside of the US in 2014, most of them in China and Russia, while Europe largely sits on the…
Nearly everyone believes that oil prices will trend higher and higher, allowing increasing amounts of oil to be extracted. This belief is based on the observation that the cost of…
On November 14 the Tennessee Valley Authority announced plans to shut down eight coal generating units with a combined power generating capacity of over 3,000 megawatts The decision will…
China National Petroleum Corp (CNPC) has agreed to purchase $2.6 billion in Peruvian gas assets from Brazil’s debt-strapped state-run oil company Petrobras as China works fast to increase its Latin…
The Bakken crude oil formation spread out over North Dakota and Montana should give up more than 1 million barrels of oil per day next month. North Dakota is already…
In its new World Energy Outlook (WEO), the IEA is cautious about the prospects of unconventional oil and gas outside the US. As regards shale gas, it notes that “uncertainty…
A deadly fire has broken out at the Chevron Pascagoula Refinery, with one reported death so far, according to local news agencies. A fire broke out following…
There are many zigs and zags, twists and turns, and unintended consequences along the path to higher priced and scarce oil. Only three months ago it seemed we were headed…
There’s something very special about Australia’s Olympic Dam uranium mine.Olympic Dam is the largest uranium ore body in the world, with a towing 57-year reserve life. Production…
The latest IEA report on Crude supplies has got me thinking, a new accomplishment for the IEA who have been woefully behind the curve on most of the major…
The next major conflict, if there is ever going to be one, will likely be very different from all past conventional wars we have seen so far, in that it…
Canada’s energy riches seem to be destined to just expand. According to the authoritative U.S. government’s Energy Information Administration, “Canada is one of the world's five largest energy…
Forty years ago, America and its allies were paralyzed by the Arab oil embargo, which followed the Yom Kippur War. It concentrated the international mind and decades of turbulence followed.
Spanish oil giant Repsol is preparing to invest another $4 billion in oil and gas projects in Venezuela between 2013 and 2022, hoping to increase net oil output in the…
Shale projects in Eastern Europe are being challenged by delaying tactics of industry majors. Media coverage of shale gas development is positive; but in Lithuania and Poland, global oil &…
What it must have been like, being one of those pioneers getting into the traditional oil industry back before all the biggest fields went into production. Well, we are back…
Oil prices will only rise moderately over the next 20 years according to estimates from the International Energy Agency. The IEA released the 2013 edition of its much-anticipated World…