The IEA has cut its…
Around 43.8 million Americans are…
Diesel prices continue to fall…
Bottom Line: Despite the risk of falling victim to Bolivia’s resource nationalism trend, two Spanish companies— Sener Ingeniería S.A. and Ros Roca Indox Cryo Energy S.L.—have signed on with state-owned…
Bottom Line: The sale of Albania’s state-owned oil company Albpetrol to a consortium led by Albanian tycoon Rezart Taci has been invalidated after the consortium failed to come up with…
Oil and gas, that’s all it’s ever been about …There was a lot going on this week, but it’s all being overshadowed by the fascinating geopolitical game over…
Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a…
There are two trends in the Canadian energy patch in the last three weeks that have been making money for investors – but the question is, do they have legs?…
Oil and natural gas from Lebanon’s yet to be exploited fields in the Mediterranean Sea are heading into troubled waters experts in Beirut predict. Unless the Lebanese government adopts stern…
Around 100 people crammed into a tiny community center in West Michigan this week for a town hall meeting on hydraulic fracturing. Michigan ranks 15th in the nation in terms…
(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…
As Royal Dutch Shell prepares to resume operations at Majnoon field in Iraq in May, the supergiant plans to invest more than $1 billion this year to bring production online.…
What a mess President Obama makes as he tries to placate both sides of a dispute and comes out looking just inept.The president’s possible approval of the 2,000-mile-long…
President Barack Obama used his weekly address to say the country is ready to take control over its energy future. This is because oil production is at a 15-year high…
With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to…
Hal Quinn, president of the National Mining Association, says coal in 2016 will again be the world’s favorite carbon fuel, pushing out petroleum as the world's largest source of energy.
Scientists have developed a new way to calculate the carbon footprint of batteries needed to store wind and solar power for the electrical grid. A key problem is that…
Rep. Ed Markey, ranking member of the House Energy Committee, said an investigation into Shell's offshore Alaska campaign suggested the company wasn't ready to work in extreme environments. An Interior…
Continued from part one.Bearing in mind the rising proportion coming from emerging markets, it is no surprise that ExxonMobil says industrial production, particularly of raw materials such…
Resource nationalism surges full speed ahead and metamorphoses along the way; global subsidies come back to bite governments where it hurts; mergers and acquisitions redefine the industry; the hunger for…
Right now, we’re looking at a 70%-30% spread for total global onshore and offshore oil and gas production, respectively. Of that 30% of offshore production, subsea oil and gas production…
Bottom Line: Massive plans to tap into Brazil’s subsalt fields and an upcoming auction of new oil and gas blocks in May could be delayed as we expect a high-profile…
America’s ethanol mandate under fire for jumping the gun; Obama prepares to announce a $2 billion “oil-pays-for-clean-car-research” plan; Japan storms international scene with methane hydrate mining; crude market movements show…