Oil prices fell significantly in…
New research shows Washington DC…
Grid-enhancing technologies offer interim solutions…
Last Week Oil Price reported on the mounting problems at the massive Kashagan oil field in Kazakhstan. The latest developments seem to be much worse than previously thought, as…
One of the world’s largest oil and gas producers agreed to disclose the risks of hydraulic fracturing and the impact of its operations on air quality, water, and other…
New EIA data shows that U.S. oil imports continued to decline in 2013 as domestic production increased. The U.S. is now importing less oil than at any time since the…
The European Union’s move to prop up the price of carbon pollution in its greenhouse gas trading market could result in significant increases in carbon prices. The EU slashed in…
Bloomberg published a lengthy article on the proliferation of shale gas drilling around the world, with interviews from top oil and gas executives. Drillers are trying to replicate the…
In an effort to gain political support for her energy policies, German Chancellor Angela Merkel has agreed to make smaller cuts to wind power assistance than she previously wanted.…
China announced plans to support greater adoption of electric vehicles by exempting buyers of EV’s from paying a sales tax. Vice Premier Ma Kai said that past incentives have…
The massive Kashagan oil project in the Caspian Sea has suffered from huge cost overruns and delays, and the problems do not seem to be going away. It now appears…
A new report from Moody’s suggests that producers that got in on the Marcellus shale early, and weathered several years of low prices, are now very well positioned in…
The Libyan rebels that have controlled several key ports have agreed to hold talks with the central government and will reopen ports within a few days. The easing of…
An oil tanker was fired upon by armed men in a skiff as it made its way through the Strait of Hormuz on March 30. Using an assault rifle,…
One of Iraq’s largest oil fields – as well as one of the world’s largest untapped fields – began commercial production on March 29. Russia’s Lukoil operates the West…
The Mexican government is considering implementing local content rules for oil and gas exploration in an effort to provide benefits to Mexican companies. According to Reuters, however, the rules…
Federal regulators said on March 28 that the oil industry was withholding key information related to the series of train derailments and explosions involving transporting crude oil. The Department of…
A floating offshore oil production ship briefly lost power on March 28, drifted from its location, and spilled a small amount of oil into the Gulf of Mexico. The Helix…
In the Lone Star state, the wind industry hit a new record for generation. On the night of March 26, wind power surpassed 10,000 megawatts of generation, a new high,…
The U.S. Fish and Wildlife Service listed the Lesser Prairie Chicken on a list of “threatened” species under the Endangered Species Act, providing it with a certain level of…
Argentina announced that it will reduce the rate at which it subsidizes natural gas and water in order to trim its budget deficit. "What we are going to do now…
Senators Mary Landrieu (D-LA) and Lisa Murkowski (R-AK) are pushing for an overhaul of how LNG export applications are reviewed in order to prioritize projects that are commercially viable. The…
U.S. President Barack Obama will meet Saudi Arabia’s King Abdullah on March 28, a time in which their nations’ long-held alliance is undergoing a dramatic shift. For decades, the…