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Energy

Rapidly Increasing Chinese Oil Demand

Rapidly Increasing Chinese Oil Demand

Jun 14, 2011 at 08:24 | James Hamilton

Stuart Staniford notes that the number of trucks and passenger vehicles in China has been growing at about 23% each year.

Disagreements Within OPEC Threaten Organizations Structure

Disagreements Within OPEC Threaten Organizations Structure

Jun 13, 2011 at 07:20 | Dave Summers

OPEC Ministers, meeting in Vienna last week, apparently had one of their more divisive discussions of recent times over the question of raising pumped volumes. Saudi Arabia, Kuwait and…

Exxon’s $100 Million a Day Exploration Budget Pays Off

Exxon’s $100 Million a Day Exploration Budget Pays Off

Jun 13, 2011 at 07:11 | Brian Westenhaus

Exxon’s CEO Rex Tillerson announced back in March plans to spend $100 million a day for the next five years to expand the search for oil and natural gas previously…

Peak Oil and our Uncertain Future

Peak Oil and our Uncertain Future

Jun 13, 2011 at 07:04 | Post Carbon

The world is beginning to look a lot like the August of 1914 or perhaps the summer of 1939 all over again. This time instead of the great powers of…

A Look at China's energy Future and What it Means for Oil Prices

A Look at China's energy Future and What it Means for Oil Prices

Jun 10, 2011 at 07:29 | Robert Rapier

I was recently asked to participate in an energy roundtable at Focus on China’s Energy Future and the Shale Gas Question. It is no secret that I feel that…

Just How Significant is the OPEC Announcement?

Just How Significant is the OPEC Announcement?

Jun 10, 2011 at 07:23 | James Hamilton

The Organization of Petroleum Exporting Countries (OPEC)  announced on Tuesday that its members could not reach an agreement to change OPEC's production quotas. How significant is that announcement? In…

Global Oil Reserves Increase by 6.6 Billion Barrels in 2010

Global Oil Reserves Increase by 6.6 Billion Barrels in 2010

Jun 10, 2011 at 07:20 | Al Fin

In the absence of replenishment by successful exploration or reserves growth, so-called 'reserves replacement', proved reserves would tend to decline over time as production depleted the existing reserve base. However,…

Crude Oil Futures Slide Over Economic Recovery Fears

Crude Oil Futures Slide Over Economic Recovery Fears

Jun 09, 2011 at 13:36 | Forex Pros

Crude oil futures erased gains on Thursday, as prices were pressured by a broadly higher U.S. dollar and after disappointing U.S. employment data added to concerns over the economic recovery…

Are U.S. Bureaucrats About to Make a Huge Oil Supply Blunder?

Are U.S. Bureaucrats About to Make a Huge Oil Supply Blunder?

Jun 09, 2011 at 08:21 | Brian Westenhaus

U.S. Secretary of State Hillary Clinton got the file Monday as the State Department concluded a public comment period on its draft environmental impact statement, and will publish a final…

Tension Building over Arctic Energy Riches

Tension Building over Arctic Energy Riches

Jun 09, 2011 at 08:15 | Andy Soos

The Arctic Ocean is a vast frozen sea bordered by Russia, Canada, Denmark, and Norway. It has been explored but it’s potential for mineral deposits and oil and gas deposits…

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