• 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
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 11 days By Kellen McGovern Jones - "BlackRock Behind New TX-LA Offshore Wind Farm"
  • 12 hours If hydrogen is the answer, you're asking the wrong question
  • 7 days Solid State Lithium Battery Bank
  • 6 days Bad news for e-cars keeps coming
What Would the Re-Election of Trump Mean for U.S. Energy?

What Would the Re-Election of Trump Mean for U.S. Energy?

A potential Trump re-election could…

U.S. Hits Record High Electricity Generation From Natural Gas

U.S. Hits Record High Electricity Generation From Natural Gas

Record-breaking natural gas demand for…

Rystad: OPEC's Oil Reserves are Much Lower Than Officially Reported

Rystad: OPEC's Oil Reserves are Much Lower Than Officially Reported

Rystad Energy’s latest research shows…

News

Egypt to Increase NatGas Production by 30% by 2019

Egypt to Increase NatGas Production by 30% by 2019

May 24, 2016 at 16:10 | Zainab Calcuttawala

Riding high on a series of major discoveries and what appears to be renewed investor interest in Egypt’s energy sector, the Oil Ministry is now targeting a 30-percent…

Refinery Crisis Has French Oil Major Rethinking Investment Strategy

Refinery Crisis Has French Oil Major Rethinking Investment Strategy

May 24, 2016 at 13:07 | Julianne Geiger

French Total SA (NYSE: TOT) says it would reconsider its investment plans in France, according to CEO Patrick Pouyanne. Patrick Pouyanne, speaking outside the annual shareholders meeting…

French Police Strike Back, Liberate Fuel Depot to Shrink Shortages

French Police Strike Back, Liberate Fuel Depot to Shrink Shortages

May 24, 2016 at 09:59 | Charles Kennedy

French police have successfully liberated a critical fuel depot that was under blockade from union protestors in an effort to remedy fuel shortages across the country after…

Libya Ramps Up Oil Production Just as Market Was Rebalancing

Libya Ramps Up Oil Production Just as Market Was Rebalancing

May 24, 2016 at 09:11 | James Burgess

Following a deal to temporarily bandage a power-sharing dispute while Libya works towards installing a government of national accord, the reopening of the eastern Hariga port has allowed…

The Return of Fracking to UK? First Fracking Permit in Five Years

The Return of Fracking to UK? First Fracking Permit in Five Years

May 23, 2016 at 18:00 | Zainab Calcuttawala

In a 7-4 vote, Councilors of the county of North Yorkshire approved industrial tests on Monday in a move that will allow fracking in Britain for the first…

Oil Investor Zukerman Charged with $45M Tax Evasion

Oil Investor Zukerman Charged with $45M Tax Evasion

May 23, 2016 at 17:23 | Charles Kennedy

A federal indictment made public on Monday alleges that Morris Zukerman, founder of the investment firm M.E. Zukerman & Co., evaded US$45 million in taxes owed to the…

Argentina’s New ‘Pro-Business’ President Blocks Anti-Layoff Bill

Argentina’s New ‘Pro-Business’ President Blocks Anti-Layoff Bill

May 23, 2016 at 17:06 | Zainab Calcuttawala

In an act of “fiscal discipline,” Argentine President Mauricio Macri vetoed a bill on Monday that would have delayed layoffs in the public and private sectors, according to…

‘’Iran Will Not Freeze’’ -Plans To Ramp Up Oil Production Through 2016

‘’Iran Will Not Freeze’’ -Plans To Ramp Up Oil Production Through 2016

May 23, 2016 at 16:06 | Zainab Calcuttawala

Iran plans to ramp up oil production over the course of 2016, and there is no chance of the country joining any output freeze, Iranian Deputy Oil Minister Rokneddin Javadi…

Evacuation Orders Lifted For 8 Canadian Oil Sands Sites Amid Wildfire

Evacuation Orders Lifted For 8 Canadian Oil Sands Sites Amid Wildfire

May 23, 2016 at 15:39 | James Burgess

Officials from the Canadian province of Alberta, where wildfires continue to rage, have lifted the evacuation order for eight oil sands operations north of Fort McMurray, where…

French Strikes, Riots Shut Down 850 Gas Stations, Block Refineries

French Strikes, Riots Shut Down 850 Gas Stations, Block Refineries

May 23, 2016 at 12:51 | Charles Kennedy

Some 850 petrol stations in France have been forced to close down and nearly a thousand more face shortages as union protests block oil refineries over controversial…

North Dakota Spill Leaks 120,000 Gallons of Oil & Wastewater

North Dakota Spill Leaks 120,000 Gallons of Oil & Wastewater

May 23, 2016 at 11:08 | James Burgess

A site run by Denbury Onshore LLC in southwestern North Dakota has spilled more than 120,000 gallons of oil and wastewater into pastureland after a mechanical failure. Some…

Eni’s Nigeria Pipeline Attacked For The Fourteenth Time This Year

Eni’s Nigeria Pipeline Attacked For The Fourteenth Time This Year

May 23, 2016 at 10:50 | Charles Kennedy

An Italian Eni pipeline has been attacked again, for the fourteenth time this year, putting 4,200 barrels of oil per day of Eni production offline amid a resurgence…

Syria Asks Russia for Help Rebuilding Oil Industry

Syria Asks Russia for Help Rebuilding Oil Industry

May 23, 2016 at 09:06 | James Burgess

Russian Energy Minister Aleksandr Novak said that Russian companies have received requests from Syria to help rebuild the country’s oil and gas industry. "Syria has asked our…

BP To Sell Minority Stake In Forties Pipeline

BP To Sell Minority Stake In Forties Pipeline

May 21, 2016 at 20:12 | Charles Kennedy

Oil Major BP is reportedly considering the sale of a minority stake in the Forties pipeline in the North Sea. The company said that it opened negotiations…

Russia to Privatize Bashneft Oil Within Two Months

Russia to Privatize Bashneft Oil Within Two Months

May 21, 2016 at 14:05 | James Burgess

Russian authorities have greenlighted the sale of 50 percent of the Russian state oil company Bashneft after it excluded the company from a list of strategically important…

Exxon Nigeria Terminal Under Siege, Exports in Question

Exxon Nigeria Terminal Under Siege, Exports in Question

May 20, 2016 at 13:10 | James Burgess

Nigeria’s largest Exxon-run export terminal is reportedly under siege, as staff are blocked from access and conflicting reports emerge about whether the facility remains operational. While Reuters has…

More M&A Action: Oil Search Ltd. Takes Over InterOil For $2.2B

More M&A Action: Oil Search Ltd. Takes Over InterOil For $2.2B

May 20, 2016 at 11:44 | James Burgess

Papua New Guinea-based Oil Search Ltd. has negotiated a $2.2 billion deal to take over 100 percent of US-based InterOil Corp. (NYSE:IOC) in an effort to consolidate natural…

Canadian Wildfires Spread to Saskatchewan, 1.2M Acres Burned

Canadian Wildfires Spread to Saskatchewan, 1.2M Acres Burned

May 20, 2016 at 11:29 | Charles Kennedy

The Canadian wildfires that started in the Alberta oil sands patch, with ground zero at Fort McMurray, have now spread over the provincial border into Saskatchewan, covering a…

After 2 False Starts, Chevron to Relaunch Massive Gorgon LNG Project

After 2 False Starts, Chevron to Relaunch Massive Gorgon LNG Project

May 19, 2016 at 16:39 | Charles Kennedy

After mechanical shutdowns in the immediate aftermath of its debut shipment of liquefied natural gas (LNG), Chevron is preparing to restart its US$54-billion Gorgon export facility in western…

Did The Israeli Government Just Cut The Red-Tape For This Natgas Field?

Did The Israeli Government Just Cut The Red-Tape For This Natgas Field?

May 19, 2016 at 16:19 | James Burgess

Israeli media have reported that U.S.-based Noble Energy and Israeli partner Delek Group have reached a preliminary deal with the Israeli government that would allow them to…

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