• 30 mins Bidding Action Heats Up In UK’s Continental Shelf
  • 6 hours Keystone Pipeline Restart Still Unknown
  • 10 hours UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 12 hours Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 14 hours Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 15 hours German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 17 hours Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 18 hours Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 1 day Oil Prices Rise After API Reports Major Crude Draw
  • 2 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 2 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 2 days Statoil Looks To Lighter Oil To Boost Profitability
  • 2 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 2 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 2 days Whitefish Energy Suspends Work In Puerto Rico
  • 2 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 2 days Thanksgiving Gas Prices At 3-Year High
  • 2 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 2 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 3 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 3 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 3 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 3 days ConocoPhillips Sets Price Ceiling For New Projects
  • 5 days Shell Oil Trading Head Steps Down After 29 Years
  • 5 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 5 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 6 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 6 days Venezuela Officially In Default
  • 6 days Iran Prepares To Export LNG To Boost Trade Relations
  • 6 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 6 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 6 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 6 days Rosneft Announces Completion Of World’s Longest Well
  • 7 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 7 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 7 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 7 days Santos Admits It Rejected $7.2B Takeover Bid
  • 7 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 7 days Africa’s Richest Woman Fired From Sonangol
  • 7 days Oil And Gas M&A Deal Appetite Highest Since 2013
5 Big Gainers In Oil & Gas This Week

5 Big Gainers In Oil & Gas This Week

Energy stocks have been among…

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Goldman: Automated Trucks To Cost 300k Jobs Per Year

The race for automated trucking…

Finance / the Economy

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Nov 14, 2017 at 14:31 | Jon LeSage

While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first.  Silicon Valley startups, technologists, and venture capitalists…

Did Venezuela Just Default?

Did Venezuela Just Default?

Nov 14, 2017 at 09:13 | Irina Slav

S&P Global Ratings declared Venezuela in default just as the country’s Vice President Tareck El Aissami met with creditors to discuss the restructuring of its debt. According to

Could Low Oil Prices Cause A Global Recession?

Could Low Oil Prices Cause A Global Recession?

Jan 25, 2016 at 14:36 | James Hamilton

The global economy is slipping into recession. The evidence is showing up in all the usual ways: slowing output growth, slumping purchasing-manager indexes, widening credit spreads, declining corporate earnings, falling…

The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency

The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency

Sep 21, 2015 at 16:02 | Henry Hewitt

The View From Hubbert’s PeakIn 1971, the American President put an end to a 2,500 year trend; the Wall Street Journal called it “Nixon’s Worst Weekend.” Considering the…

More To Ruble’s Collapse Than Meets The Eye

More To Ruble’s Collapse Than Meets The Eye

Dec 17, 2014 at 14:35 | Colin Chilcoat

The ruble is dying, and fast. In what is now being dubbed ‘Black Monday’ the ruble’s value to the dollar dropped nearly 15 percent. Tuesday brought no respite and the…

How Diminishing Returns and EROI can Lead to Economic Collapse

How Diminishing Returns and EROI can Lead to Economic Collapse

Dec 12, 2013 at 16:46 | Gail Tverberg

What do diminishing returns, energy return on energy invested (EROI or EROEI), and collapse have to do with each other? Let me start by explaining the connection between Diminishing…

Low Gasoline Prices Bring US Inflation Down to Four Year Low

Low Gasoline Prices Bring US Inflation Down to Four Year Low

Nov 21, 2013 at 16:57 | Ed Dolan

A big drop in gasoline prices brought the US inflation rate for October, as measured by year-on-year change in the consumer price index, to just 0.95 percent, its lowest level…

Why Rising Energy Costs are Responsible for Widespread Economic Recession

Why Rising Energy Costs are Responsible for Widespread Economic Recession

Oct 25, 2013 at 17:57 | Gail Tverberg

How does the world reach limits? This is a question that few dare to examine. My analysis suggests that these limits will come in a very different way than most…

World Bank: Russian Energy Strength is Economic Weakness

World Bank: Russian Energy Strength is Economic Weakness

Sep 25, 2013 at 19:16 | Daniel J. Graeber

The head of the World Bank in Russia said Wednesday he was alarmed by the slowdown in the Russian economy.  The bank said the Russian economy was slow to emerge…

Economic Forecasting in a Time of Diminishing Oil Supplies

Economic Forecasting in a Time of Diminishing Oil Supplies

Sep 23, 2013 at 18:27 | Gail Tverberg

What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that…

Oilprice - The No. 1 Source for Oil & Energy News