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UAE: OPEC Can Fill Saudi Oil Supply Gap If Necessary

UAE: OPEC Can Fill Saudi Oil Supply Gap If Necessary

OPEC has sufficient spare capacity…

China Just Got Handed The Oil Deal Of A Lifetime

China Just Got Handed The Oil Deal Of A Lifetime

China and Russia are sewing…

Oil Rises On Saudi Shakeup

Oil Rises On Saudi Shakeup

Oil prices rose on Monday…

Energy

EU Fuel Standards Become Latest Oil Sand Battlefield for Environmentalists

EU Fuel Standards Become Latest Oil Sand Battlefield for Environmentalists

Mar 30, 2010 at 15:05 | Darrell Delamaide

The latest draft of European Union fuel standards appears to mark a lobbying victory for the Canadian oil industry because it drops tighter restrictions originally envisaged for crude oil derived…

Demand from India Reshaping the Global Coal Market

Demand from India Reshaping the Global Coal Market

Mar 26, 2010 at 17:16 | Dave Forest

Attention international coal industry. There's a new kid on the block. The nation of India. India is emerging as a major re-shaping force for the global coal market. With in-country…

Flaws in Weekly EIA Inventory Reports

Flaws in Weekly EIA Inventory Reports

Mar 26, 2010 at 00:09 | Editorial Dept

"The numbers in this report can't be right -- and yet the market is reacting to them!" -- there's a complaint we've heard so many times about USDA reports, but…

Shell's China Connection Grows Stronger with Another New Gas Venture

Shell's China Connection Grows Stronger with Another New Gas Venture

Mar 25, 2010 at 15:27 | Darrell Delamaide

Royal Dutch Shell further intensified its relationship with China in a new 30-year accord to appraise and develop tight gas reserves in the Sichuan basin. The new project in the…

Oxford Study Sparks New Round of Peak Oil Debate

Oxford Study Sparks New Round of "Peak Oil" Debate

Mar 24, 2010 at 16:38 | Darrell Delamaide

The debate about “peak oil” flared up again following a new report from Oxford University claiming that conventional oil reserves are inflated by a third and that added reserves from…

Politics and Peak Energy - Have we Reached the Tipping Point?

Politics and Peak Energy - Have we Reached the Tipping Point?

Mar 22, 2010 at 23:36 | John Howe

Economic success, growth, and an affluent (happy) consumer lifestyle directly depend on an abundance of inexpensive energy. Conversely, the quantity and type of energy consumed can have a very adverse…

As Natural Gas Prices Languish the Gulf of Mexico Executes a Successful Oil and Gas Lease Sale

As Natural Gas Prices Languish the Gulf of Mexico Executes a Successful Oil and Gas Lease Sale

Mar 22, 2010 at 19:30 | Dave Forest

The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what these companies paid. High bids…

The U.S. No Longer Controls the Price of Oil in a Peak Oil World

The U.S. No Longer Controls the Price of Oil in a Peak Oil World

Mar 20, 2010 at 16:01 | Business Insider

Back in the days when US oil demand controlled the price of oil, a massive recession in the United States would have sent oil to 12.00 dollars a barrel. That…

Oil Sands Potential for Energy Security

Oil Sands Potential for Energy Security

Mar 19, 2010 at 19:14 | W.Jack Ford

The increasing use in the United States of gasoline, jet fuel and other petroleum products made from Canada’s oil sands has aroused opposition from Canadian and U. S. environmentalists equal…

Happy 50th Anniversary Year OPEC

Happy 50th Anniversary Year OPEC

Mar 18, 2010 at 16:04 | Ferdinand E. Banks

On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy.  I have decided to send…

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