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  • 2 days Panama revoked registrations of tankers flying under their flag that have not complied with sanctions. Most are Iranian tankers. Vessel seized in Gibraltar, Grace I, flying under Panamanian Flag. Registration revoked in May. England seizing justified
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Oil Prices Rise Amid Further Rig Count Decline

Oil Prices Rise Amid Further Rig Count Decline

Oil prices inched higher on…

Fracking Under Fire In California

Fracking Under Fire In California

Despite its shale reserves and…

News

Securities and Exchange Commission Passes Key Tax Disclosure Ruling

Securities and Exchange Commission Passes Key Tax Disclosure Ruling

Aug 24, 2012 at 13:59 | Jen Alic

The US Securities and Exchange Commission on Wednesday passed in a 2 to 1 vote a requirement for American oil and mining companies to disclose taxes and fees paid to…

Sudan-South Sudan Tensions Flare over Oil-Rich Abyei

Sudan-South Sudan Tensions Flare over Oil-Rich Abyei

Aug 24, 2012 at 13:58 | Jen Alic

As new talks are set to get underway between Sudan and South Sudan, another skirmish is threatening the shaky peace as the two sides spar over control of oil-rich Abyei.…

Poland's Natural Gas Monopoly Purges and Merges

Poland's Natural Gas Monopoly Purges and Merges

Aug 24, 2012 at 13:51 | Charles Kennedy

Poland's natural gas monopoly, PGNiG, on Thursday announced plans to streamline its management and merge its subsidiaries after suffering major second-quarter losses. The natural gas monopoly reported a net loss…

China Ups Ante in Trade War with US

China Ups Ante in Trade War with US

Aug 24, 2012 at 13:49 | Joao Peixe

China’s Commerce Ministry has reaffirmed an earlier decision stating that six US renewable energy projects are in violation of World Trade Organization rules, setting the stage for legal action against…

North Korea Progresses on New Nuclear Reactor

North Korea Progresses on New Nuclear Reactor

Aug 23, 2012 at 14:23 | Joao Peixe

Satellite images reportedly show significant progress on the construction of a new reactor that is believed to be a front for fuel production for nuclear weapons, news agencies cited

Energy Independence by 2020 with Romney?

Energy Independence by 2020 with Romney?

Aug 23, 2012 at 14:20 | Jen Alic

Presidential candidate Mit Romney on Thursday promised voters a US entirely energy independent by 2020, the allegedly detailed plan for which he plans to unveil on his campaign tour stop…

Wal-Mart Storms Energy World

Wal-Mart Storms Energy World

Aug 23, 2012 at 14:18 | Charles Kennedy

Wal-Mart, the world’s largest retailer now boasting two million associates and 150 million shoppers, is storming the scene with its own energy policy that has some analysts considering whether the…

IAE, Iran to Meet in Vienna

IAE, Iran to Meet in Vienna

Aug 23, 2012 at 14:06 | Charles Kennedy

The UN’s International Atomic Energy Agency (IAEA) has said that Iranian representatives have agreed to meet with the agency in Vienna on Friday in another round of nuclear talks. Shortly…

Crisis Brews in India over Coal Block Allocation

Crisis Brews in India over Coal Block Allocation

Aug 23, 2012 at 14:05 | Joao Peixe

India’s Parliament is stalled over the allocation of coal blocks, with opposition party officials accusing the prime minister of foul play and ruling party officials accusing the opposition of deliberately…

International Oil Companies Illegally Exploiting Somali Hydrocarbons?

International Oil Companies Illegally Exploiting Somali Hydrocarbons?

Aug 23, 2012 at 09:29 | Editorial Dept

The East African Energy Forum has issued warnings to the Kenyan Government and four international oil companies today that are illegally exploiting offshore hydrocarbon concessions off the southern coast of…


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