Despite political tensions, Egypt's natural…
Saudi Arabia’s Ministry of Economy…
Ship owners are reluctant to…
The biggest and most promising European shale gas deposits are located in Poland. The EIA estimates that the Polish shale gas reserves cover more than 300 years of domestic consumption.…
The capitalist world has little time for nostalgia, as its primary mission is making money, but a recent pronouncement out of Britain is sounding the incipient death knell for a…
Iran is currently the fifth-largest oil producer in the world, the second-largest producer in the OPEC, and the third-largest oil exporter worldwide. Of the total production of almost 3.5mn barrels/day,…
Well, it’s official. The Burgas-Alexandroupolis oil pipeline, intended to provide a Thracian bypass for Russian oil to avoid the increasingly congested Turkish Straits tanker traffic, is officially dead. Says who?…
With the EU's debt crisis and the Iranian confrontation relatively quiescent, attention has turned to the incessant increase in U.S. gasoline prices. The Capitol Hill gas station, where at least…
A fortuitous laboratory accident could lead to a solution to one of the biggest problems associated with natural gas fracking. The prolific yet highly controversial practice of hydraulic fracturing involves…
If you are on-board with the sentiment that we should strive to reduce the amount of energy we consume as a means to relieve pressure on a world suffering impending…
The Federal Energy Regulatory Commission is trying to avoid being drawn into the political battle over the regulatory agenda being pursued by the US EPA against fossil fuel emissions…
Officials from New Delhi are due back from their recent trade visit to Iran with high hopes of an expanded economic relationship. India, together with Japan and China, buy about…
A number of nations live in a diplomatic “twilight zone,” largely bereft of global diplomatic recognition. These include the Turkish Republic of Northern Cyprus, whose unilateral declaration of independence in…
This paper examines the impact of oil price changes on global economic growth. Unlike some recent studies, this paper finds that oil price rises have had significant negative impacts on…
Exxon Mobil's chief executive called for disclosure of so-called fracking fluid during the IHS CERA energy conference last week in Houston. Fracking has become a hot-button issue in the United…
Yemen, beloved of the Travel Channel, is the largely unknown corner of the southwestern Arabia peninsula. Its oil production is modest compared to its giant northern neighbor, Saudi Arabia, but…
The combination of still sharply rising US production, a mild winter in the US, and high inventories caused the Henry Hub price to fall to its lowest level since 2002.…
As last year’s Arab spring has slowly roiled eastwards from Tunisia to the eastern Mediterranean, the two most concerned governments are the U.S. and Israel, that are watching their carefully…
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last…
It is clear that many people have a very simplistic — but wrong — view of the energy markets. This extends to politicians who believe they can usher in a…
An FT article last week lauded the intent of General Electric and Chesapeake Energy to form an alliance to promote the use of natural gas as a fuel for…
The spill-over of the political revolutions from the neighbouring countries to Libya and the resulting civil war have highlighted the threat caused by production downtimes in politically unstable countries. Although…
The Austrian School provides a new angle on the development of the oil price. We already discussed the oil price development from the perspective of the Austrian School of Economics…