• 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"
  • 1 min 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
Oil Prices Under Pressure Despite Bullish Catalysts

Oil Prices Under Pressure Despite Bullish Catalysts

Oil prices are under pressure…

Armenia Deepens Western Ties with U.S. Military Drills

Armenia Deepens Western Ties with U.S. Military Drills

Armenia's deepening military ties with…

News

Solar Market Turns Positive as Demand Grows

Solar Market Turns Positive as Demand Grows

Mar 19, 2014 at 17:43 | Charles Kennedy

Rising demand around the world for solar energy is lifting the industry into profitability after years of oversupply. For years, solar manufacturers, spurred on by subsidies and government procurement, churned…

Kurdistan’s Finances Hurting over Oil Row with Baghdad

Kurdistan’s Finances Hurting over Oil Row with Baghdad

Mar 18, 2014 at 17:12 | Charles Kennedy

The Kurdish economy is facing some of its worst problems in years as Baghdad has halted funding to the regional government due to the ongoing oil feud, according to…

ExxonMobil Takes Step Forward on Colorado Oil Shale

ExxonMobil Takes Step Forward on Colorado Oil Shale

Mar 18, 2014 at 17:09 | Joao Peixe

The Bureau of Land Management approved ExxonMobil’s plan for an oil shale research and development project in Colorado. The approval clears a key hurdle for the oil company trying…

Refiners Form Group to Oppose Oil Exports

Refiners Form Group to Oppose Oil Exports

Mar 18, 2014 at 17:06 | James Burgess

Four refining companies have come together to oppose the growing push to scrap the crude oil export ban in the U.S. Fuel Fix reported on the newly found Consumers…

Crimea Nationalizes Ukrainian Oil and Gas

Crimea Nationalizes Ukrainian Oil and Gas

Mar 17, 2014 at 11:57 | James Burgess

The Crimean parliament voted on March 17 to nationalize the assets of Chornomorneftegaz, a day after holding a referendum on secession from Ukraine. Chornomorneftegaz is a Ukrainian state-owned oil…

U.S. Seals Seize Oil Tanker

U.S. Seals Seize Oil Tanker

Mar 17, 2014 at 11:55 | Charles Kennedy

A team of U.S. Navy Seals boarded an oil tanker near Cyprus late Sunday night, gaining control of the ship that had been seized by armed Libyans. The “Morning…

Sufficient Commodity Supplies Offset Geopolitical Pressure

Sufficient Commodity Supplies Offset Geopolitical Pressure

Mar 17, 2014 at 11:54 | Joao Peixe

Greater supplies of key commodities have prevented price surges over the brewing crisis in Crimea. Europe has an abnormally high supply of natural gas in storage, grain output is at…

Iraq Oil Production Hits 35 Year High

Iraq Oil Production Hits 35 Year High

Mar 14, 2014 at 16:55 | Joao Peixe

Iraq produced oil at a rate of 3.62 million barrels per day in February, a 35-year high. Monthly output jumped by 530,000 bpd from a month earlier on infrastructure…

Ohio Fracking Operation Halted Over Earthquakes

Ohio Fracking Operation Halted Over Earthquakes

Mar 14, 2014 at 16:52 | Charles Kennedy

A series of earthquakes hit eastern Ohio on March 10 prompting officials to halt hydraulic fracturing operations as they investigated the cause. The earthquake occurred in Mahoning County near…

Blackout Risk to U.S. Electrical Grid from Potential Attack

Blackout Risk to U.S. Electrical Grid from Potential Attack

Mar 14, 2014 at 16:49 | James Burgess

The Wall Street Journal reported on a government study that found that the U.S. electrical grid is vulnerable to huge blackouts from even minor attacks by saboteurs. The Federal…

U.S. Oil Production Hits Highest Level in 25 Years

U.S. Oil Production Hits Highest Level in 25 Years

Mar 13, 2014 at 16:47 | Joao Peixe

New data from the U.S. Energy Information Administration shows that U.S. crude oil production is at its highest levels since 1989. December 2013 posted an impressive monthly average of…

Mexico Will Release Seismic Data for Oil Exploration

Mexico Will Release Seismic Data for Oil Exploration

Mar 13, 2014 at 16:31 | Charles Kennedy

The President of Mexico’s National Hydrocarbons Commission stated on March 12 that Mexico will release years of seismic data that will help the country attract investment in its oil…

Albany Halts Growth in Oil Processing

Albany Halts Growth in Oil Processing

Mar 13, 2014 at 15:44 | James Burgess

A county executive blocked further development in oil processing plants at the Port of Albany in New York, citing the impact on public health. The port has seen a…

Drilling Efficiency Continues to Climb in U.S. Shale

Drilling Efficiency Continues to Climb in U.S. Shale

Mar 12, 2014 at 16:45 | Charles Kennedy

Oil and gas operators are continuing to improve their drilling techniques, leading to increases in total output on a per-rig basis. New data from the U.S. Energy Information Administration’s

Oil Drops on Test Sales from U.S. Strategic Petroleum Reserve

Oil Drops on Test Sales from U.S. Strategic Petroleum Reserve

Mar 12, 2014 at 16:41 | Joao Peixe

After surging over geopolitical tension between Ukraine and Russia, global oil prices fell back on March 12. Improving weather in the United States suggests that fuel demand could decline…

Protests in India Could Curtail Coal Production

Protests in India Could Curtail Coal Production

Mar 12, 2014 at 16:37 | James Burgess

Officers at India’s state-owned coal company plan to go on a three-day strike over pay, which could cut into India’s coal production. Coal India, the world’s largest coal producer,…

Europe Consider Measures to Cut Gas Imports

Europe Consider Measures to Cut Gas Imports

Mar 11, 2014 at 16:51 | Joao Peixe

At a summit in Brussels next week, European Union leaders are expected to call for measures that would cut Europe’s reliance on imported natural gas, according to draft documents…

Senator Pushes LNG Exports as part of Ukraine Aid Package

Senator Pushes LNG Exports as part of Ukraine Aid Package

Mar 11, 2014 at 16:46 | Charles Kennedy

Republican Senator John Barrasso (WY) plans on attaching his bill that authorizes more LNG exports to an aid package for Ukraine. Sen. Barraso originally introduced his bill back in 2012,…

Coal Industry Cites Polar Vortex as Case for Keeping Old Plants

Coal Industry Cites Polar Vortex as Case for Keeping Old Plants

Mar 11, 2014 at 16:41 | James Burgess

The icy cold winter in the eastern half of the United States demonstrates the need for stable baseload power, according to executives from the coal industry. The snowstorms and…

Oil Drops on China Demand

Oil Drops on China Demand

Mar 10, 2014 at 16:57 | Joao Peixe

Crude oil futures declined on new data from China showing that exports dropped by more than expected, providing fresh evidence of a slowdown in the Chinese economy. For April…

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