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Breaking News:

Hess Board Recommends Merger With Chevron

The Hunt for White Hydrogen Has Begun

The Hunt for White Hydrogen Has Begun

Mined natural hydrogen (also called…

An EU Carbon Tax Will Upend The Global LNG Market

An EU Carbon Tax Will Upend The Global LNG Market

The global LNG market could…

Energy

The US still Imports Natural Gas, so Why the Desire to Export it?

Feb 26, 2013 at 16:46 | Kurt Cobb

With U.S. natural gas production having risen more than 25 percent from its nadir in 2005, natural gas producers are pushing for an end to limits on U.S. natural…

With Rail Interest, Who Needs Keystone XL?

Feb 25, 2013 at 17:01 | Daniel J. Graeber

The amount of crude oil delivered by rail in the United States set a record last year by an overwhelming margin. The U.S. Energy Department said it expects domestic crude…

Power Prices Bring Down Bulgarian Government

Feb 25, 2013 at 16:46 | Charles Kennedy

Fuel prices can bring down a government, as the Bulgarian elite are now learning, and it doesn’t stop there. As tens of thousands of people hit the streets…

The Top Oil Finds for January and February that should be on Your Radar

Feb 25, 2013 at 16:42 | Editorial Dept

(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…

One of America's First Nuclear Plants Leaking Radioactive Waste

Feb 22, 2013 at 17:01 | John Daly

Hanford, Washington, was, along with Oak Ridge, Tennessee, one of the two Manhattan Project nuclear plants that provided fissile material for the bombs dropped on Japan that ended World War…

Cheney-Linked Company to Drill in Occupied Golan Heights

Feb 22, 2013 at 16:58 | Daniel J. Graeber

The Israeli government awarded a local subsidiary of U.S.-based Genie Energy the rights to explore for oil and natural gas in about 150 square miles of the southern section of…

Natural Gas Rig Count Falls but Production Remains the Same

Feb 22, 2013 at 16:50 | Keith Schaefer

Natural gas bulls keep pointing to the declining gas rig count in the US as a reason for a near-term turnaround to the upside in prices.The gas rig…

BHP Billiton Appoint New CEO to Focus on Oil & Gas Exploration

Feb 22, 2013 at 16:41 | Stuart Burns

BHP Billiton (NYSE: BHP) has nominated a replacement for retiring Chief Executive Marius Kloppers, and that says much about the direction that BHP, its Chairman Jac Nasser and the firm’s…

Angola and Ghana: West Africa's New Gems

Feb 22, 2013 at 13:51 | Editorial Dept

Sweet Angola’s Sweet, Light Crude OPEC-member Angola is a leading producer of crude in Sub-Saharan Africa; more than one-third of all offshore oil discoveries in the region in…

Discovering 2013: The Top Finds of the Last Two Months

Feb 22, 2013 at 13:44 | Editorial Dept

Last year was a record one for major new discoveries, and 2013 has so far demonstrated that the road to discovery still has plenty of mileage. The past two months…

TURKEY: Tipping Point for Offshore Exploration

Feb 22, 2013 at 13:19 | Editorial Dept

Bottom Line: An agreement between Shell and Turkey’s national oil company (TPAO) for western Black Sea exploration will start the ball rolling for Turkey’s energy ambitions. We’ve been waiting for…

ECUADOR: Correa and the Future of Oil

Feb 22, 2013 at 13:09 | Editorial Dept

Bottom line: Foreign investment, though crucial for improving oil production levels in Ecuador, will remain far below potential for political reasons.Analysis: On 17 February 2013, President Rafael Correa…

This Week in Energy: Texans Take on Big Oil

Feb 22, 2013 at 13:04 | James Stafford

‘Crazy’ Texans take on big oil; Australia’s richest miner takes on his own industry; the EU imposes anti-dumping tariff on US ethanol; February pump prices hurt; and two West African…

Energy Opportunities in Lebanon: The Levant Basin

Feb 21, 2013 at 16:56 | Editorial Dept

(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…

Fracking has a Lesson to Learn from the Sinking City

Feb 21, 2013 at 16:52 | James Burgess

Fracking is moving closer and closer to urban areas, but before it actually enters towns and cities the fracking industry should take a look at Long Beach, California, and follow…

Energy Demands on Russia Have Global Consequences

Feb 20, 2013 at 17:13 | Daniel J. Graeber

Russian oil producer Rosneft said it was considering sending more oil to the energy-hungry Chinese economy. The world's No. 2 oil exporter, after Saudi Arabia, already sends about 300,000 barrels…

Loss Making Investments in Natural Gas Markets Act as Subsidies

Feb 20, 2013 at 16:58 | Kurt Cobb

It isn’t often that the world’s working stiffs get a chance to fleece rich investors. But that’s essentially what has happened as a result of the vast overinvestment in natural…

Why is the Washington Post Surprised at High Gas Prices?

Feb 20, 2013 at 16:43 | Juan Cole

The Washington Post is surprised by the ‘mysterious’ high cost of gasoline in the US but does not mention in this article that the US government, at the insistence…

Americans Paying European Prices for Oil?

Feb 19, 2013 at 16:58 | Claude Salhani

Oh, how I miss the days of Bill Clinton’s presidency when the price of gas at the pump was around 99 cents per gallon. Yes, you heard me right: ninety-nine…

Chevron Gets Boost As Poland Ease Shale Rules

Feb 19, 2013 at 16:52 | Charles Kennedy

Chevron Corp. (NYSE: CVX) and Conoco Phillips (NYSE: COP) have been anxious to get their hands on Poland’s vast gas reserves that lie some 3 miles under the surface of…

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