 |
Louisiana Light • 2 days | 83.47 | +0.70 | +0.85% | ||
|
Bonny Light • 22 hours | 84.42 | +0.04 | +0.05% | ||
|
Opec Basket • 2 days | 83.60 | +0.00 | +0.00% | ||
|
Mars US • 188 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 13 mins | 2.550 | +0.009 | +0.34% |
|
Bonny Light • 22 hours | 84.42 | +0.04 | +0.05% | ||
|
Girassol • 22 hours | 85.30 | +0.06 | +0.07% | ||
|
Opec Basket • 2 days | 83.60 | +0.00 | +0.00% |
|
Peace Sour • 21 hours | 72.19 | +0.61 | +0.85% | ||
|
Light Sour Blend • 21 hours | 75.24 | +0.61 | +0.82% | ||
|
Syncrude Sweet Premium • 21 hours | 82.19 | +0.61 | +0.75% | ||
|
Central Alberta • 21 hours | 72.59 | +0.61 | +0.85% |
|
Eagle Ford • 2 days | 75.47 | +0.61 | +0.81% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.50 | +0.67% | ||
|
Kansas Common • 22 hours | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 2 days | 83.50 | +0.40 | +0.48% |
Iran Claims to Have Expanded Its Axis of Resistance
Iran is claiming that a…
Deepwater Exploration Is Booming Again
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Oil Risk Premium Wanes
The easing of tensions between…
News
Jury Give Verdict in Case of Baldwin v Costner
Two weeks ago I wrote a short piece on the court case between two of Hollywood’s actors; Kevin Costner and Stephen Baldwin. This week we have the verdict.
Exxon Signs Deal to Help Rosneft Develop Huge Bazhenov Shale Play in Siberia
Vladimir Putin’s power in Russia is underpinned by oil boom that he has overseen. Unluckily for him the oil boom has passed and reserves are declining, threatening the production capacity…
Japan will Provide Insurance to Iranian Tankers when EU Sanctions Take Effect
Part of EU sanctions intended to restrict Iranian oil import revenues in an attempt to exert economic pressure on the country over its controversial nuclear development program will see Iranian…
Shell to Invest $300 Million on LNG Refuelling Station Network
In an attempt to entice owners of trucking fleets to invest in trucks that run on super chilled natural gas the oil major Royal Dutch Shell is set to invest…
The Importance of Seagrass in Removing Carbon from the Atmosphere
Humanity is currently in the middle of a war with an invisible enemy, CO2; and unfortunately CO2 is winning. According to the International Energy Agency (IEA) CO2 emissions hit a…
New iPhone App Rewards Travelling by Bicycle or Foot
Without doubt, one of the most popular pieces of personal technology in the world today is the iPod or iPhone. Apps for apple products have become big business and can…
US Navy Develops Underwater Solar Cells
Underwater autonomous systems which provide situational awareness and long-term environment monitoring are becoming increasingly more popular. In order to power these systems cables must be laid to supply power created…
BP Announces that Venezuela Now Have the Largest Oil Reserves in the World
BP has just released its annual Statistical Review of World Energy in which it claims that Venezuela now holds the largest proven oil reserves in the world, overtaking the…
Offshore Wind Power Could Make the UK a Net Energy Exporter
The Centre for Economics and Business Research (CEBR) has created a report commissioned by Mainstream Renewable Power, which examines the economic impact of the emerging offshore wind industry in the…
More Proof Diesel Exhaust Fumes do Cause Cancer
The International Agency for Research on Cancer (IARC) has confirmed that fumes from dirty diesel engines causes cancer. The new report adds to a mountain of studies, reports, and data…
Afghan Warlord Threatens Chinese Oil Explorers
Late last year the China National Petroleum Corp (CNPC) signed a deal with Afghanistan to explore and develop oil blocks in the Amu Darya basin in the north. The deal…
IEA Calling for an Extra $36 Trillion to be Invested in Clean Energy
In a new 700 page report by the International Energy Agency, Executive Director Maria van deer Hoeven has stated that governments and private investors must work much harder if they…
Seadrill Set for Record Profits as Gamble on Drill Ships Pays Off
Seadrill Ltd is set to reap record profits after ordering more drill ships based on billionaire owner John Fredriksen’s belief that ever greater demand for crude oil will cause an…
Oil Prices Fall to 8 Month Low as Spanish Bailout Fails to Ease EU Debt Crisis
Following in the footsteps of Greece, Portugal, and Ireland, Spain has now become the fourth nation to approach the European Union and request a bailout, since the debt crisis began…
Japan Sign Long-Term LNG Supply Contract with Qatar
Japan has been one of the largest importers of LNG for quite some time, and has had a good relationship with Qatari natural gas producers for over 40 years.
5 of the World's Largest Firms to Collaborate on Bioplastic Development
Polyethylene Terephthalate (PET) is one of the most commonly used plastics in the world. It is usually derived from oil, and degrades very slowly, creating huge amounts of non-biodegradable waste…
Latin America and the Caribbean Lack Private Investment in Renewables
Free market mechanisms are failing to attract the private capital needed to develop clean energy projects in Latin America and the Caribbean.According to Bloomberg New Energy Finance and…
How a Heat Pump Could Provide Cheap, Clean Energy for your Home
Heat pumps offer a form of renewable energy technology readily available in the current market to provide heating and hot water for domestic use. They provide efficient, reliable methods for…
Oil Spill in Alberta Threatens Local Water Supply
An oil pipeline running through the Mountain View and Red Deer counties of Alberta, Canada ruptured on Thursday, spilling 3,000 barrels of oil. The spill leaked from Jackson Creek and…
Blackstone CEO: Now is the Time for Long-Term Energy Investments
David Foley, the CEO of Blackstone Energy Partners, has said that private equity investments in energy offer much better opportunities for investors willing to take a long term view of…
