• 1 min OPEC, Russia Said To Announce Oil Pact Extension On Nov 30
  • 3 hours Wintershall And LetterOne In Talks For $12B Oil, Gas Merger
  • 5 hours India Exempts State Oil Firms Mergers From Competition Approval
  • 7 hours Turkey Targets $5B Investment In Wind Energy By End-2017
  • 9 hours Weatherford Looks To Sell Assets To Ease Some Of $8B Debt
  • 10 hours OPEC Set To Move Fast On Cut Extension Decision
  • 12 hours Nigeria Makes First Step Away From Oil
  • 1 day Russia Approves Profit-Based Oil Tax For 2019
  • 1 day French Strike Disrupts Exxon And Total’s Oil Product Shipments
  • 1 day Kurdistan’s Oil Exports Still Below Pre-Conflict Levels
  • 1 day Oil Production Cuts Taking A Toll On Russia’s Economy
  • 1 day Aramco In Talks With Chinese Petrochemical Producers
  • 1 day Federal Judge Grants Go-Ahead On Keystone XL Lawsuit
  • 2 days Maduro Names Chavez’ Cousin As Citgo Boss
  • 2 days Bidding Action Heats Up In UK’s Continental Shelf
  • 2 days Keystone Pipeline Restart Still Unknown
  • 2 days UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 2 days Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 2 days Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 2 days German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 2 days Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 3 days Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 3 days Oil Prices Rise After API Reports Major Crude Draw
  • 3 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 3 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 3 days Statoil Looks To Lighter Oil To Boost Profitability
  • 3 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 3 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 3 days Whitefish Energy Suspends Work In Puerto Rico
  • 4 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 4 days Thanksgiving Gas Prices At 3-Year High
  • 4 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 4 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 4 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 4 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 4 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 5 days ConocoPhillips Sets Price Ceiling For New Projects
  • 7 days Shell Oil Trading Head Steps Down After 29 Years
  • 7 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 7 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
Can The Gas Glut Kill The Permian Boom?

Can The Gas Glut Kill The Permian Boom?

The natural gas glut is…

Norway’s $35B Oil Stock Dump Could Hurt The Industry

Norway’s $35B Oil Stock Dump Could Hurt The Industry

The world’s largest sovereign wealth…

Is The LNG Glut Real?

Is The LNG Glut Real?

LNG prices have fallen significantly…

News

China's Wind Power Capacity Could Reach 300GW by 2020

China's Wind Power Capacity Could Reach 300GW by 2020

Sep 21, 2012 at 17:02 | James Burgess

In 2009 China became the world leader in wind power, and this year alone it will install 15GW.A joint study by the Chinese Renewable Energy Industries Association, the…

ExxonMobil Increases Stake in Bakken Field to 600,000 Acres

ExxonMobil Increases Stake in Bakken Field to 600,000 Acres

Sep 20, 2012 at 17:19 | Joao Peixe

ExxonMobil have agreed to buy Denbury Resources Inc’s stakes in the Bakken shale formation for $1.6 billion, in a deal that will see their holdings in the area increase to…

Oil Companies Race Back to the Gulf of Mexico

Oil Companies Race Back to the Gulf of Mexico

Sep 20, 2012 at 17:18 | James Burgess

Following the infamous BP oil spill in the Gulf of Mexico back in 2010, all deepwater drilling in the area was shut down, and the whole sector was sent into…

Geopolitical Peak Oil: Has Unconventional Oil Production Peaked?

Geopolitical Peak Oil: Has Unconventional Oil Production Peaked?

Sep 20, 2012 at 17:17 | Charles Kennedy

Peak oil is a myth; at least the chance of achieving peak oil any time soon is. It has been well documented that we have vast reserves of hydrocarbons buried…

Growing Unemployment and Civil Unrest - The Real Picture in Iran

Growing Unemployment and Civil Unrest - The Real Picture in Iran

Sep 19, 2012 at 16:36 | Charles Kennedy

“Business is drying up, industry is collapsing. There's zero investment. I know. I see it with my own eyes.” The words of a wealthy Iranian business man on the state…

Russia's Giant Diamond Mine Could Collapse the Global Diamond Market

Russia's Giant Diamond Mine Could Collapse the Global Diamond Market

Sep 19, 2012 at 16:35 | Joao Peixe

Russia has been the world’s largest diamond producer for the past 3 years. Its diamond mines in Yakutia produce massive profits in a tightly controlled market. However it has just…

Offshore Oil Discoveries Could Lead Ireland out of Economic Woe

Offshore Oil Discoveries Could Lead Ireland out of Economic Woe

Sep 19, 2012 at 16:34 | James Burgess

The world runs on oil and gas, and despite the effort of environmentalists to push for a transition to greener energy sources, it will do so for a long time…

Saudi Arabia Promise More Oil to Drive Global Prices Down

Saudi Arabia Promise More Oil to Drive Global Prices Down

Sep 19, 2012 at 16:33 | Editorial Dept

Saudi Arabia has offered ... extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the…

The US Continues to Suffer for its Lack of a Water Policy

The US Continues to Suffer for its Lack of a Water Policy

Sep 19, 2012 at 16:32 | Charles Kennedy

The US is experiencing its worst drought in over 50 years. It highlights the glaring problems that plague the US water supply and will only get worse as the years…

Could Plans to Build Nine Mega Coal Mines in Queensland Doom the Climate?

Could Plans to Build Nine Mega Coal Mines in Queensland Doom the Climate?

Sep 18, 2012 at 17:23 | Charles Kennedy

The Australian state of Queensland could become the seventh largest contributor of greenhouse gases on the planet, behind only China, the USA, India, Russia, Japan, and Germany, if plans to…

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