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Russia And Turkey Call For Ceasefire In War-Torn Libya

Russia And Turkey Call For Ceasefire In War-Torn Libya

Russian President Putin And Turkish…

Oil Tanks As Trump Claims Iran Is Standing Down

Oil Tanks As Trump Claims Iran Is Standing Down

Oil prices fell on Wednesday…

Is Iraq Too Risky For Oil Majors?

Is Iraq Too Risky For Oil Majors?

Description: Tensions in Iraq seemed…

Energy

A New Type of Capitalism is Needed to Protect the Environment

A New Type of Capitalism is Needed to Protect the Environment

Dec 30, 2011 at 08:26 | Economywatch

The world’s major 3,000 corporations are responsible for a third of global environmental damage, but economists are divided in their views of how to stop them polluting. Some say government…

War Imminent in Straits of Hormuz? $200 a Barrel Oil?

War Imminent in Straits of Hormuz? $200 a Barrel Oil?

Dec 29, 2011 at 09:15 | John Daly

The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90…

U.S. Net Exporter of Petroleum Products - A Look at the Numbers

U.S. Net Exporter of Petroleum Products - A Look at the Numbers

Dec 29, 2011 at 09:03 | James Hamilton

One big story of 2011 was the United States switched from being a net importer to a net exporter of petroleum products. Here are the details behind that development. The…

Venezuela to Open up Massive Natural Gas Field with European Investment

Venezuela to Open up Massive Natural Gas Field with European Investment

Dec 29, 2011 at 09:01 | John Daly

On 23 December Spain's biggest oil firm Repsol YPF, S.A. and Italy’s Ente Nazionale Idrocarburi S.p.A., better known by the acronym ENI, signed a $1.5 billion deal with state-owned oil…

Fast-Tracking the Keystone XL Pipeline and the Need for a Comprehensive Energy Policy

Fast-Tracking the Keystone XL Pipeline and the Need for a Comprehensive Energy Policy

Dec 29, 2011 at 08:43 | Ed Dolan

The administration is coming under increasing pressure to accelerate approval of the Keystone XL pipeline, designed to carry increased U.S. imports of bitumen from Canadian oil sands. The latest form…

Massive Oil Field Discovered in the North Sea

Massive Oil Field Discovered in the North Sea

Dec 28, 2011 at 15:24 | The Oil Drum

With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered one of the largest oil fields ever found in the North…

The Benefits of Shale Gas Far Outweigh the Negatives of Fracking

The Benefits of Shale Gas Far Outweigh the Negatives of Fracking

Dec 27, 2011 at 11:27 | Barry Stevens

Natural gas is a critical feedstock to many chemical production processes, and has many environmental benefits over coal as a fuel for electricity generation; over electricity and traditional heating fuels…

Crude Oil Analysis for the Week of December 26, 2011

Crude Oil Analysis for the Week of December 26, 2011

Dec 26, 2011 at 11:22 | FX Empire

Last week the fundamentals clashed with the technicals in the February Crude Oil futures market and by week’s end the fundamentals clearly won. Even though the contract did not take…

Natural Gas Analysis for the Week of December 26, 2011

Natural Gas Analysis for the Week of December 26, 2011

Dec 26, 2011 at 11:03 | FX Empire

The downtrend continued in the Natural Gas futures market as the February contract reached a new low at $3.100. The trade was slow last week, partly because of light volume…

The Falklands - Is There Oil?

The Falklands - Is There Oil?

Dec 23, 2011 at 20:48 | John Daly

On 13 December British-based oil and gas exploration company Rockhopper Exploration Plc announced that a new well proved its Sea Lion field 80 miles off the Falklands coast is bigger…

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