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Tesla to Lay Off Over 10% of Global Workforce

Tesla to Lay Off Over 10% of Global Workforce

Tesla is laying off over…

U.S. Drilling Activity Inches Up

U.S. Drilling Activity Inches Up

The total number of active…


Paraguay: Unexplored and Open for Business

May 03, 2013 at 16:12 | Editorial Dept

This week we find ourselves back in Latin America, but in Paraguay, where an estimated 4 billion barrels of oil in one basin alone could turn the country into a…

Gulf of Mexico: Preparing for August Auction

May 03, 2013 at 15:30 | Editorial Dept

Bottom Line: Tentatively scheduled for 28 August, the US government is auctioning off over 21 million acres on the Outer Continental Shelf in 3,953 blocks in shallow and deep waters.…

This Week in Energy: Big News for the Bakken

May 03, 2013 at 14:25 | James Stafford

Drought - again; big news for Bakken and Three Forks; the Russia-Poland-Ukraine gas drama; an unexpected Shell resignation; and the best to come in this week’s premium newsletter …

Canada’s Oil Sands Threatened by Lack of Market

May 02, 2013 at 16:56 | Robert M Cutler

ExxonMobil has announced the start of production at the Kearl oil sands project in Alberta, Canada, which holds up to 4.6 billion barrels of oil equivalent that the company intends…

If Scotland Separates from the UK, what Happens to the Oil?

May 02, 2013 at 16:51 | The Oil Drum

On 18th September 2014 the Scottish People will have a referendum on their future within the United Kingdom where they will be asked the simple question: Should Scotland be…

Saudis Dare U.S. to Play Oil Ball

May 01, 2013 at 18:45 | Daniel J. Graeber

The latest assessment of the estimated oil reserves in the Bakken and Three Forks formation in the northern U.S. plains states was about twice as much as previously thought. Those…

Manufacturing Sector Starting to Show Benefits of US Shale Boom

Apr 30, 2013 at 17:36 | Stuart Burns

The lovely graph below is similar to graphs often rolled out by supporters of the US manufacturing sector when raising fears about the decline of industry’s role in the economy…

Why Reserves have no Impact on Energy Abundance

Apr 30, 2013 at 17:30 | Kurt Cobb

Okay, I'm going to give you the shortest course ever in energy abundance: Energy abundance depends entirely on the RATE of energy flow. Let me say it again: Energy abundance…

Tullow Hits 19-Month Low over Ethiopia Delay

Apr 30, 2013 at 17:04 | Charles Kennedy

UK-based Tullow Oil Plc (TLW) has seen its stock plunge to a new low as it is forced to delay drilling a new well that would represent the first crude…

Survey Shows Fracking Communities Suffer from Stress Due to Fear of Exploitation

Apr 30, 2013 at 16:49 | Futurity

In a new survey, 76 percent of people living near fracking sites in Pennsylvania reported stress, which they attributed to lack of trust and feeling taken advantage of.Survey…

Can the Oil Boom Cross the Rio Grande?

Apr 29, 2013 at 17:30 | Daniel J. Graeber

A U.S. circuit court of appeals last week told the oil industry it couldn't pursue a case on disclosure rules at the appellate level. President Barack Obama's government has supported…

New Wyoming Lithium Deposit could Meet all U.S. Demand

Apr 29, 2013 at 17:25 | John Daly

The U.S. currently imports more than 80% of the lithium it uses, with the silvery metal winding up in batteries from cell phones to electric cars.According to a…

World’s Highest Oil & Gas Salaries Forces Australia’s LNG Industry Offshore

Apr 29, 2013 at 17:21 | Energy Digital

As Australia builds up its liquefied natural gas plants, energy workers are reaping the benefits with the highest salaries in the world—but not for long. As the country's resource boom…

A Unique Service that Helps Energy Companies Get Massive Media Exposure

Apr 29, 2013 at 11:20 | James Stafford

Oilprice.com has spent months putting together a unique promotional and sponsorship service for energy companies that is unlike any other marketing package available in the marketplace.Having worked with…

The Two Faces of Sally Jewell

Apr 26, 2013 at 16:36 | Daniel J. Graeber

U.S. Interior Department Secretary Sally Jewell went green with one of her first formal moves in the White House last week when she announced her department would be the first…

Barclays Carbon Trader Resigns Amid Market Woes

Apr 26, 2013 at 16:10 | Charles Kennedy

Media reports are emerging that the head of carbon trading for Barclays bank has resigned in the aftermath of the EU’s rejection of a backloading scheme that would have revived…

Time for Investors to Turn their Attention to the Gulf of Mexico

Apr 26, 2013 at 13:34 | Dan Dicker

The Gulf of Mexico is heating up again and the excitement is returning for deep water drilling.  After three years of declining production from the Gulf, we are now poised…

Syria: The Next New Frontier, Unexplored and Geopolitically Meteoric

Apr 26, 2013 at 13:32 | Editorial Dept

In 2011, shortly before conflict broke out in Syria, the government was preparing to begin bidding for its first offshore exploration blocks in the Levant Basin region.  That, of course,…

Gulf of Mexico is Back, and Subsalt is all the Rage

Apr 26, 2013 at 13:27 | Editorial Dept

In late March, the US Department of Interior released the results of its Central Gulf of Mexico lease sale 227. It was a great auction, with a LOT of interest—52…

Oil Market Forecast & Review 26th April 2013

Apr 26, 2013 at 13:19 | Jim Hyerczyk

June crude oil surged on the daily and weekly charts, regaining a key support line and setting up the market for further upside action. Before getting too excited, however, keep…

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