• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days If hydrogen is the answer, you're asking the wrong question
  • 21 hours How Far Have We Really Gotten With Alternative Energy
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs

News

Former Brazilian Chief of Staff Gets 23 Years in Prison for Corruption

Former Brazilian Chief of Staff Gets 23 Years in Prison for Corruption

May 19, 2016 at 11:46 | James Burgess

A Brazilian court has sentenced former presidential chief of staff Jose Dirceu to 23 years in prison for corruption, money-laundering and conspiracy related to the state-run Petrobras…

End Of The Road For American Energy Partners

End Of The Road For American Energy Partners

May 19, 2016 at 10:15 | Charles Kennedy

The company founded by the late Aubrey McClendon will shut down this summer. Aubrey McClendon made a name for himself at the helm of Chesapeake Energy, a…

Rebel Bombing Shuts Down Key Colombian Oil Pipeline

Rebel Bombing Shuts Down Key Colombian Oil Pipeline

May 19, 2016 at 09:59 | Charles Kennedy

Colombia’s second-largest oil pipeline has been taken offline by a rebel attack which spilled crude oil into the Bojaba river, this is the fourteenth such attack this year.…

Kuwait Changes Tune at $50 Oil

Kuwait Changes Tune at $50 Oil

May 19, 2016 at 09:43 | James Burgess

In a matter of a week, Kuwait has simultaneously said it was seeking to boost production, called for an output freeze to rebalance the market glut, and—most recently—praised…

Venezuelan Capital Breaks Out in Violent Protest as Oil Economy Crumbles

Venezuelan Capital Breaks Out in Violent Protest as Oil Economy Crumbles

May 19, 2016 at 09:22 | Charles Kennedy

The violence everyone feared would engulf Venezuela is here, as an economic crisis worsened by dismal management and the oil price slump led to crippling inflation, shortages of…

Ghost Oil Tanker Mystery Solved: Owner, Crew Show Up in Liberia

Ghost Oil Tanker Mystery Solved: Owner, Crew Show Up in Liberia

May 18, 2016 at 16:24 | James Burgess

A Nigerian national has come forward to claim ownership of a ghost oil tanker that washed up on the shores of Liberia, and two of the tanker’s crew…

Independent Audit Confirms The Falkland Islands Are A Billion-Barrel Basin

Independent Audit Confirms The Falkland Islands Are A Billion-Barrel Basin

May 18, 2016 at 15:50 | Charles Kennedy

Falklands oil and gas producer Rockhopper Exploration Plc has announced that its net contingent oil reserves have doubled to more than 300 million barrels, and independent experts are…

Greece Starts TAP Pipeline Construction, Entertains Energy Hub Dreams

Greece Starts TAP Pipeline Construction, Entertains Energy Hub Dreams

May 18, 2016 at 15:18 | James Burgess

Greece has officially started construction on its 550-kilometer section of the Trans-Adriatic Pipeline (TAP), hailing the event as a lifeline for the flailing economy, a major step towards…

Iraqi Kurdistan Issues Arrest Warrant for Energy Minister’s Wife

Iraqi Kurdistan Issues Arrest Warrant for Energy Minister’s Wife

May 18, 2016 at 15:04 | Charles Kennedy

A warrant has been issued for the arrest of the wife of the Iraqi Kurdistan energy minister over oil-related corruption allegations, Kurdish media outlets are reporting, citing…

Militants Attacks Nigeria’s AGIP Pipeline—Again

Militants Attacks Nigeria’s AGIP Pipeline—Again

May 18, 2016 at 12:08 | James Burgess

An Agip-operated pipeline was again targeted by attack on Sunday, making this the 13th attack against the pipeline, which traverses Nigeria’s Bayelsa state, over the course of a…

Delta Air Lines Plans To Trim Capacity Growth And Hike Fares

Delta Air Lines Plans To Trim Capacity Growth And Hike Fares

May 18, 2016 at 11:14 | James Burgess

In the second part of the year, Delta Air Lines aims to boost its fares as it faces rising fuel costs and barriers to revenue. Delta Air Lines…

EIA, API Again Paint Opposite US Crude Inventory Pictures

EIA, API Again Paint Opposite US Crude Inventory Pictures

May 18, 2016 at 10:22 | Charles Kennedy

The U.S. Energy Information Administration (EIA) has released its weekly crude inventory report, showing a 1.3-million-barrel increase in inventory over the previous week, in contrast to Tuesday’s API…

Wildfires Cause Feedstock Crisis For Canadian Refiners

Wildfires Cause Feedstock Crisis For Canadian Refiners

May 18, 2016 at 10:17 | Charles Kennedy

As analysts forecast that the Canadian oil sands industry could lose over US$760 million as a result of the wildfires that continue to ravage Alberta, reports emerge that…

API Data Suggests 1.1 Million Barrel Crude Draw, Oil Markets Not Impressed

API Data Suggests 1.1 Million Barrel Crude Draw, Oil Markets Not Impressed

May 18, 2016 at 09:11 | James Burgess

The American Petroleum Institute (API) reported a 1.1-million-barrel drop in U.S. crude oil supplies, a smaller dip than the 3 million barrels forecast by S&P Global Platts. According…

Google Offering $20 Per Hour to Ride in Self-Driving Cars

Google Offering $20 Per Hour to Ride in Self-Driving Cars

May 17, 2016 at 17:45 | James Burgess

For all you philosophy majors out there looking for gainful employment, Google may be just the thing for you. Google is on the lookout for people in Mountain…

BP Doubles North Sea Gas Stake as Exploration Chief Prepares to Exit

BP Doubles North Sea Gas Stake as Exploration Chief Prepares to Exit

May 17, 2016 at 17:38 | Charles Kennedy

As BP announced a doubling of its interest in the largest discovered gas field in the North Sea in the last ten years, the company’s exploration head prepares…

EIA: U.S. shale production to fall in June

EIA: U.S. shale production to fall in June

May 17, 2016 at 17:02 | James Burgess

Shale output in seven of the United States’ most prolific extraction regions will decrease by 113,000 barrels a day in June, newly released figures from the Energy…

Turkey Puts All Security Personnel On High Alert After Istanbul Explosion

Turkey Puts All Security Personnel On High Alert After Istanbul Explosion

May 17, 2016 at 16:32 | Charles Kennedy

Another explosion in Turkey’s largest city, Istanbul, that injured four people is being blamed on the Islamic State (ISIS). A Turkish police officer said a homemade explosive…

French Refineries Cut Production After Nationwide Labor Strike

French Refineries Cut Production After Nationwide Labor Strike

May 17, 2016 at 13:17 | Charles Kennedy

Two of French Total SA’s five refineries in France have cut production after a CGT union led a nationwide strike opposing a controversial labor law that will make…

Scorched Earth Strategy? ISIS Blows Up Several Al Shaer Gas Field Installations

Scorched Earth Strategy? ISIS Blows Up Several Al Shaer Gas Field Installations

May 17, 2016 at 11:32 | James Burgess

Al Shaer, one of Syria’s largest gas fields, was rocked by powerful explosions on Monday, attributed to the Islamic State. The Islamic State was fighting Syrian government troops…

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