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Breaking News:

Brazil Decides Against Joining OPEC

Libya Oil Output Plummets To 280,000 Bpd

Libya Oil Output Plummets To 280,000 Bpd

As tensions continue to rise…

China Sees Jump In Gasoline, Jet Fuel Exports

China Sees Jump In Gasoline, Jet Fuel Exports

A 99-percent utilization rate of…

Energy

Is Canadian Shale Gas Worth $35 Billion?

Is Canadian Shale Gas Worth $35 Billion?

Oct 18, 2013 at 16:54 | Editorial Dept

Shale gas in western Canada is at the epicenter of the energy world this week. Excitement from energy investors over northern shale comes after Malaysian petro-major Petronas last week…

This Week in Energy: It’s All About Liquefied Natural Gas

This Week in Energy: It’s All About Liquefied Natural Gas

Oct 18, 2013 at 13:35 | James Stafford

This week, it’s all about liquefied natural gas (LNG), as Asian markets eye a potential reduction in prices once US exports pick up momentum, Central Europe sends a desperate plea…

Big Win for Big Oil on Ethanol Mandate?

Big Win for Big Oil on Ethanol Mandate?

Oct 17, 2013 at 17:00 | Joao Peixe

It seems to many that the Environmental Protection Agency (EPA) is putting off a final decision on whether or not it will slash the 2014 biofuels mandate in order to…

Exploring the Real Reasons Behind the Current Economic and Energy Crisis

Exploring the Real Reasons Behind the Current Economic and Energy Crisis

Oct 17, 2013 at 16:52 | Gail Tverberg

As the US heads toward debt default and continues with government shutdown, the underlying reason for the predicament is generally not clear to the American people or the world. The…

From Peak Oil to Fossil Fuel Euphoria

From Peak Oil to Fossil Fuel Euphoria

Oct 16, 2013 at 17:13 | Michael Klare

Republished with permission from Tom DispatchFor years, energy analysts had been anticipating an imminent decline in global oil supplies.  Suddenly, they’re singing a new song: Fossil fuels…

Ex-Halliburton Manager Faces Jail for Destroying Deepwater Horizon Evidence

Ex-Halliburton Manager Faces Jail for Destroying Deepwater Horizon Evidence

Oct 16, 2013 at 17:03 | Climate Progress

Anthony Badalamenti, a 62-year old former Halliburton manager, pleaded guilty yesterday to destroying evidence related to the 2010 Deepwater Horizon oil spill disaster. He’s charged with one misdemeanor count, and…

China is Now the World’s Largest Importer of Oil—What Next?

China is Now the World’s Largest Importer of Oil—What Next?

Oct 15, 2013 at 17:16 | Rory Johnston

Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the…

The Might of the Petro-Dollars at Work Once Again

The Might of the Petro-Dollars at Work Once Again

Oct 15, 2013 at 17:11 | Claude Salhani

Petro-dollars, the word used to describe the billions of dollars earned from the sale of oil and natural gas, have helped change the shape and future of many counties in…

Why Gasoline Prices are Heading Lower

Why Gasoline Prices are Heading Lower

Oct 15, 2013 at 17:08 | Matt Smith

Let’s end at the beginning: retail gasoline prices are going to continue to head lower, and this post simply presents the case as to why, through some simple visuals.

Oil Traders Butt Heads over Kashagan

Oil Traders Butt Heads over Kashagan

Oct 15, 2013 at 16:53 | Joao Peixe

Now that the supergiant Kashagan oilfield in Kazakhstan is operational, the rumor is that two US trading powerhouses are competing for the $1 billion in crude share of the country’s…

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