• 2 days Iraq Begins To Rebuild Largest Refinery
  • 3 days Canadian Producers Struggle To Find Transport Oil Cargo
  • 3 days Venezuela’s PDVSA Makes $539M Interest Payments On Bonds
  • 3 days China's CNPC Considers Taking Over South Pars Gas Field
  • 3 days BP To Invest $200 Million In Solar
  • 3 days Tesla Opens New Showroom In NYC
  • 3 days Petrobras CEO Hints At New Partner In Oil-Rich Campos Basin
  • 3 days Venezuela Sells Oil Refinery Stake To Cuba
  • 3 days Tesla Is “Headed For A Brick Wall”
  • 3 days Norwegian Pension Fund Set to Divest From Oil Sands and Coal Ventures
  • 4 days IEA: “2018 Might Not Be Quite So Happy For OPEC Producers”
  • 4 days Goldman Bullish On Oil Markets
  • 4 days OPEC Member Nigeria To Issue Africa’s First Sovereign Green Bond
  • 4 days Nigeria To Spend $1B Of Oil Money Fighting Boko Haram
  • 4 days Syria Aims To Begin Offshore Gas Exploration In 2019
  • 4 days Australian Watchdog Blocks BP Fuel Station Acquisition
  • 4 days Colombia Boosts Oil & Gas Investment
  • 4 days Environmentalists Rev Up Anti-Keystone XL Angst Amongst Landowners
  • 5 days Venezuelan Default Swap Bonds At 19.25 Cents On The Dollar
  • 5 days Aramco On The Hunt For IPO Global Coordinators
  • 5 days ADNOC Distribution Jumps 16% At Market Debut In UAE
  • 5 days India Feels the Pinch As Oil Prices Rise
  • 5 days Aramco Announces $40 Billion Investment Program
  • 5 days Top Insurer Axa To Exit Oil Sands
  • 6 days API Reports Huge Crude Draw
  • 6 days Venezuela “Can’t Even Write A Check For $21.5M Dollars.”
  • 6 days EIA Lowers 2018 Oil Demand Growth Estimates By 40,000 Bpd
  • 6 days Trump Set To Open Atlantic Coast To Oil, Gas Drilling
  • 6 days Norway’s Oil And Gas Investment To Drop For Fourth Consecutive Year
  • 6 days Saudis Plan To Hike Gasoline Prices By 80% In January
  • 6 days Exxon To Start Reporting On Climate Change Effect
  • 6 days US Geological Survey To Reevaluate Bakken Oil Reserves
  • 7 days Brazil Cuts Local Content Requirements to Attract Oil Investors
  • 7 days Forties Pipeline Could Remain Shuttered For Weeks
  • 7 days Desjardins Ends Energy Loan Moratorium
  • 7 days ADNOC Distribution IPO Valuation Could Be Lesson For Aramco
  • 7 days Russia May Turn To Cryptocurrencies For Oil Trade
  • 7 days Iraq-Iran Oil Swap Deal To Run For 1 Year
  • 9 days Venezuelan Crude Exports To U.S. Fall To 15-year Lows
  • 9 days Mexico Blames Brazil For Failing Auction

Breaking News:

Iraq Begins To Rebuild Largest Refinery

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Goldman: Automated Trucks To Cost 300k Jobs Per Year

The race for automated trucking…

Did Venezuela Just Default?

Did Venezuela Just Default?

S&P Global Ratings declared Venezuela…

Finance / the Economy

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…

Clean Energy Damaging Europe’s Competitiveness

Clean Energy Damaging Europe’s Competitiveness

Sep 12, 2013 at 18:48 | Global Risk Insights

For years Europe has been at the forefront of the renewable energy revolution, promoting and establishing global rules in this sector. There are signs however that this trend might change.

Lebanon’s Economy Faces Collapse

Lebanon’s Economy Faces Collapse

Sep 06, 2013 at 16:23 | Editorial Dept

Bottom Line: Lebanon’s economy faces collapse, and foreign bidders on potentially lucrative offshore oil and blocks are about to be disappointed as the conflict in Syria feeds a political stalemate…

Energy Return on Investment is too Low to Maintain Current Economic System

Energy Return on Investment is too Low to Maintain Current Economic System

Jun 27, 2013 at 16:59 | Gail Tverberg

My major point when I gave my talk at the Fifth Biophysical Economics Conference at the University of Vermont was that our economy’s overall energy return on investment is already…

NORWAY: Investors Balk at Government Indifference

NORWAY: Investors Balk at Government Indifference

Apr 05, 2013 at 13:06 | Editorial Dept

Bottom Line: Norway’s pending plans to cut tariffs on gas transport by 90% will reduce income for pipeline investors by as much as $7 billion, adding to the lingering anxiety…

Russian Oligarchs to (Involuntarily) Fund Cyprus Bailout

Russian Oligarchs to (Involuntarily) Fund Cyprus Bailout

Mar 25, 2013 at 18:51 | Jen Alic

Negotiations for Cyprus’ bailout, which has hinged largely on its hydrocarbons future, have ended with Russia missing the chance to swap aid for offshore exploration licenses and the Greek Cypriots…

IMF Provides Silver Lining to Iraq Debate

IMF Provides Silver Lining to Iraq Debate

Mar 22, 2013 at 20:04 | Daniel J. Graeber

The International Monetary Fund offered a silver lining to the otherwise scathing barrage of reports out last week critical of the U.S. experiment in Iraq. The IMF said oil production…

Iceland Credits Green Energy for GDP Growth

Iceland Credits Green Energy for GDP Growth

Mar 01, 2013 at 15:29 | Daniel J. Graeber

Iceland's president told members of the Organization for Economic Cooperation and Development that his economy was well-suited to serve as a laboratory for competing economic models. More than four years…

12 Negative Aspects of Globalization

12 Negative Aspects of Globalization

Mar 01, 2013 at 15:09 | Gail Tverberg

Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they…

Why have GDP Growth and Energy Growth Separated?

Why have GDP Growth and Energy Growth Separated?

Feb 11, 2013 at 17:01 | Dave Cohen

On Friday I put up the following chart, and invited readers to comment on what's wrong with it.

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