• 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
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 12 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 2 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 2 days Bankruptcy in the Industry
  • 3 days The United States produced more crude oil than any nation, at any time.

News

BP Speeds Up Development Of Giant Gas Field In Egypt

BP Speeds Up Development Of Giant Gas Field In Egypt

Jun 20, 2016 at 11:26 | James Burgess

Only 15 months after the discovery of a giant offshore gas field in Egypt, British Petroleum (BP) has approved its first phase development and is fast-tracking…

Three Dead In Libya Following Attacks Near Oil Fields

Three Dead In Libya Following Attacks Near Oil Fields

Jun 20, 2016 at 09:45 | Lincoln Brown

A militia group in Libya calling itself The Benghazi Defense Forces launched an attack on eastern military units in an area close to oil facilities…

Louisiana High Court Upholds Exploration Ruling

Louisiana High Court Upholds Exploration Ruling

Jun 20, 2016 at 09:13 | Lincoln Brown

Fracking, which has garnered a great deal of controversy over the years, was the subject of a lawsuit in Louisiana, when the Louisiana Supreme Court decided…

Petrobras Discovers Major Well At Promising Offshore Oil Field

Petrobras Discovers Major Well At Promising Offshore Oil Field

Jun 17, 2016 at 13:35 | Erwin Cifuentes

Petrobras claimed on Wednesday to have discovered its largest find at its Libra field located off Brazil’s southeast coast. According to the state-run oil producer,…

Oil Price Rebound Brings Canadian Dollar Back to Life

Oil Price Rebound Brings Canadian Dollar Back to Life

Jun 17, 2016 at 13:26 | James Burgess

Breaking its losing streak for the first time this year, the Canadian dollar has now rebounded after a rough six months and six straight days of…

Israel To Offer Up Tantalizing Offshore Gas Exploration Blocks

Israel To Offer Up Tantalizing Offshore Gas Exploration Blocks

Jun 17, 2016 at 10:39 | James Burgess

The Israeli Energy Ministry is planning to offer up new offshore gas exploration licenses later this year, saying that the country’s undiscovered resources could make the…

Gold Smugglers Arrested As Sudan Jockeys To Become The #2 Producer

Gold Smugglers Arrested As Sudan Jockeys To Become The #2 Producer

Jun 17, 2016 at 09:57 | Lincoln Brown

This week, Sudan's National Intelligence and Security Services reportedly seized 64 kilograms of gold that were to be smuggled to another country; and arrested seven…

Iran And China To Build Oil Terminal In Persian Gulf

Iran And China To Build Oil Terminal In Persian Gulf

Jun 17, 2016 at 09:33 | Lincoln Brown

News outlets in China and Iran have been reporting that the two nations have agreed to a joint venture in the Persian Gulf. The project…

Lukoil Anticipates Iran Re-Entry

Lukoil Anticipates Iran Re-Entry

Jun 16, 2016 at 17:17 | Erwin Cifuentes

Lukoil President Vagit Alekperov said that his company is seriously considering reentering the Iranian energy market following the removal of international sanctions earlier this year In…

One Of The Caribbean’s Largest Oil Refineries Set To Reopen

One Of The Caribbean’s Largest Oil Refineries Set To Reopen

Jun 16, 2016 at 15:26 | The Dialogue

The Aruban unit of oil company Citgo and the Aruban government have reached an agreement to re-open one of the Caribbean’s largest oil refineries in San…

TransCanada to Build $2.1 Bn Gas Pipeline in Mexico

TransCanada to Build $2.1 Bn Gas Pipeline in Mexico

Jun 16, 2016 at 15:19 | The Dialogue

Calgary-based energy infrastructure company TransCanada said it would build and operate a $2.1 billion natural gas pipeline in Mexico, Reuters reported Monday. TransCanada will own a…

NDA Claims Another Pipeline Attack in Niger Delta, New Group Enter Fray

NDA Claims Another Pipeline Attack in Niger Delta, New Group Enter Fray

Jun 16, 2016 at 14:33 | Charles Kennedy

As alleged peace talks break down before getting off the ground, and the Niger Delta militants claim another attack on a state-run oil pipeline, a second…

North Dakota Sees Record Drop in Production

North Dakota Sees Record Drop in Production

Jun 16, 2016 at 14:21 | Lincoln Brown

The past years’ drop in oil prices has hit the industry in North Dakota fairly hard. April was another tough month for the industry as…

California Wildfires Force Exxon Evacuation

California Wildfires Force Exxon Evacuation

Jun 16, 2016 at 14:11 | Julianne Geiger

Exxon Mobil has evacuated the non-essential personnel from the Las Flores Canyon facility in Santa Barbara County in California due to a wildfire that has yet to be brought under…

Italy Surpasses Turkey As Second-Largest Russian Gas Importer

Italy Surpasses Turkey As Second-Largest Russian Gas Importer

Jun 16, 2016 at 13:51 | Erwin Cifuentes

Italy has leapfrogged Turkey to become the second-largest importer of Russian gas, according to Gazprom CEO Alexei Miller on 15 June. "In 2016, Italian consumers have…

Gazprom Picks Up Two Arctic Energy Fields

Gazprom Picks Up Two Arctic Energy Fields

Jun 16, 2016 at 12:59 | Lincoln Brown

Russian energy company Gazprom has outbid Rosneft and Lukoil to acquire the rights to two Arctic oil and gas fields. Gazprom paid the equivalent of US$354.6 million for development…

Footage Surfaces Of Orlando Shooter Badmouthing BP Oil Spill Cleanup Team

Footage Surfaces Of Orlando Shooter Badmouthing BP Oil Spill Cleanup Team

Jun 16, 2016 at 12:22 | Julianne Geiger

Video footage has surfaced from 2010 showing Orlando shooter Omar Mateen badmouthing cleanup crews in the Gulf of Mexico following BP’s catastrophic Deepwater Horizon oil spill.…

Exxon And BHP Consider Major Divestment

Exxon And BHP Consider Major Divestment

Jun 16, 2016 at 12:08 | Lincoln Brown

Energy giants Exxon Mobil Corporation and BHP Hilton are mulling plans to sell off depleting assets in Australia. Under consideration for sale are 13 fields,…

Devon To Sell Midland Basin Assets

Devon To Sell Midland Basin Assets

Jun 16, 2016 at 11:12 | Lincoln Brown

Devon Energy is set to sell its remaining non-core assets in the Midland basin area of Texas at a price tag of $858 million. The…

Suncor’s Losses In Alberta Could Hit $1 Billion C.

Suncor’s Losses In Alberta Could Hit $1 Billion C.

Jun 16, 2016 at 09:55 | Lincoln Brown

Last month’s wildfire in northern Alberta Canada could cost Suncor Energy almost $1 billion CDN, or $778 million USD. That fire, which resulted in the…

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