• 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
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days If hydrogen is the answer, you're asking the wrong question
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs

News

Finally Good News For Oil Companies In Kurdish Iraq

Finally Good News For Oil Companies In Kurdish Iraq

Aug 28, 2015 at 16:07 | Andy Tully

The semi-autonomous Kurdistan Regional Government (KRG) says that increased oil sales will allow it to begin making regular monthly payments to the oil companies that export…

French Oil Giant Total To Sell $5.5 Billion In Assets This Year

French Oil Giant Total To Sell $5.5 Billion In Assets This Year

Aug 28, 2015 at 16:02 | Andy Tully

When the price of a commodity falls, there are two ways for companies to react: Either cut costs and even sell assets to improve cash flow, or to invest –…

Nuclear Fuel Bank In Kazakhstan Will Have Double Role

Nuclear Fuel Bank In Kazakhstan Will Have Double Role

Aug 27, 2015 at 16:35 | Andy Tully

Kazakhstan and the International Atomic Energy Agency (IAEA) signed an agreement on Aug. 27 to have the former Soviet republic host the world’s first bank for…

Schlumberger-Cameron Deal Could Benefit The Whole Oil Industry

Schlumberger-Cameron Deal Could Benefit The Whole Oil Industry

Aug 27, 2015 at 16:25 | Andy Tully

A merger of Schlumberger Ltd. and Cameron International Corp., if approved, could mean savings not only for a new company, but also for its customers at…

Environmental Group Threatens Exxon With Appeal In New Jersey Case

Environmental Group Threatens Exxon With Appeal In New Jersey Case

Aug 26, 2015 at 15:45 | Andy Tully

At least one environmental group is threatening to appeal a judge’s decision approving New Jersey’s settlement of a pollution lawsuit with Exxon Mobil Corp. in which…

Scottish Green Party Calls For Nationalization Of Oil Industry

Scottish Green Party Calls For Nationalization Of Oil Industry

Aug 26, 2015 at 15:37 | Andy Tully

Scotland’s Green Party is proposing that Britain nationalize its oil industry, which it says not only would end dependence on multinational corporations but also create at…

Iran Prepared To Defend Old Market Share ‘At Any Cost’

Iran Prepared To Defend Old Market Share ‘At Any Cost’

Aug 25, 2015 at 16:04 | Andy Tully

Iran’s oil minister says his country supports calls for an emergency OPEC meeting to explore ways to shore up the price of oil, but even without such an effort, Tehran…

Southern Co. And AGL To Form 2nd Largest U.S Utility

Southern Co. And AGL To Form 2nd Largest U.S Utility

Aug 25, 2015 at 15:56 | Andy Tully

The merger of Southern Co. and AGL Resources will create a utility with the second largest pool of customers in the United States. Southern, which owns…

China May Meet Carbon Goals Sooner

China May Meet Carbon Goals Sooner

Aug 24, 2015 at 16:16 | Andy Tully

China’s may achieve its goal to stop the growth of its carbon emissions before its deadline of 2030 because the country's discharge of carbon dioxide already…

U.S Energy Storage Solution Helps Out Asian Diary Production

U.S Energy Storage Solution Helps Out Asian Diary Production

Aug 24, 2015 at 16:10 | Andy Tully

South Asia may be the world’s leading producer of milk, but its dairy farmers have to fight hot weather in a region where electric refrigeration is…

Why $20 Oil Won’t Happen

Why $20 Oil Won’t Happen

Aug 21, 2015 at 16:47 | Robert Rapier

Déjà vu As the price of West Texas Intermediate (WTI) retests the $40 per barrel (bbl) mark, some pundits are again calling…

BP Not Giving Up On The North Sea Just Yet

BP Not Giving Up On The North Sea Just Yet

Aug 20, 2015 at 16:00 | Michael McDonald

Crude’s continued decline is threatening to make many projects uneconomical for operators. That’s not much of a concern in the short-term given that the world is…

Texas Oil Production Shows Resilience In Light Of Low Oil Prices

Texas Oil Production Shows Resilience In Light Of Low Oil Prices

Aug 20, 2015 at 15:52 | Ron Patterson

The Texas RRC Oil & Gas Production Estimates are in. By now everyone should know that the Texas oil and gas data is incomplete and…

Tension Growing In Kazakhstan As Oil Prices Batter Economy

Tension Growing In Kazakhstan As Oil Prices Batter Economy

Aug 18, 2015 at 16:47 | Eurasianet

Sinking oil prices are putting the brakes on Kazakhstan’s once-soaring economy, forcing layoffs in the all-important energy sector. With memories of the months-long strike in the…

North-Dakota Production Creeps Up In Spite Of Lower U.S Oil Output

North-Dakota Production Creeps Up In Spite Of Lower U.S Oil Output

Aug 17, 2015 at 16:53 | Ron Patterson

The Bakken Production Statistics and the ND Production Statistics with June production numbers has been published.

Can Private Equity Keep U.S Shale Alive?

Can Private Equity Keep U.S Shale Alive?

Aug 17, 2015 at 15:52 | ZeroHedge

Is Saudi Arabia on the verge of winning the war on US Shale firms? It appears the spigot of malinvestment-subsidizing liquidity that kept numerous zombie energy…

What A Nuclear Restart Means For Japanese Oil Demand

What A Nuclear Restart Means For Japanese Oil Demand

Aug 14, 2015 at 16:44 | Matt Smith

With so much focus on the level of Chinese oil imports, impending U.S. LNG exports, and India’s rising coal consumption, it goes somewhat by the wayside that Japan is one…

Can New $500 Million Stock Issue Solve Tesla’s Problems?

Can New $500 Million Stock Issue Solve Tesla’s Problems?

Aug 13, 2015 at 15:59 | ZeroHedge

Over the weekend, when looking carefully at Tesla's cash burn, pardon cash inferno...

Could This Innovation Signal A Breakthrough In Fusion Energy

Could This Innovation Signal A Breakthrough In Fusion Energy

Aug 13, 2015 at 15:51 | Brian Westenhaus

Massachusetts Institute of Technology (MIT) researchers are using advances in magnet technology to propose a new design for a practical compact…

IEA: At Least Another Year Before Oil Markets Rebalance

IEA: At Least Another Year Before Oil Markets Rebalance

Aug 12, 2015 at 18:00 | Arthur Berman

World liquids demand will be huge in 2015 because of low oil prices. That’s the good news. The bad news is that the demand surge hasn’t really begun yet and…

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