• 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
  • 53 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 20 hours How Far Have We Really Gotten With Alternative Energy
  • 2 days The United States produced more crude oil than any nation, at any time.
  • 1 day China deletes leaked stats showing plunging birth rate for 2023
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Bad news for e-cars keeps coming
The World’s 8 Biggest Mining Countries

The World’s 8 Biggest Mining Countries

The global landscape of material…

Inflation in China is Finally Beginning to Stabilize

Inflation in China is Finally Beginning to Stabilize

China's consumer inflation remains stable,…

U.S. Pushes to Triple Nuclear Energy Production by 2050

U.S. Pushes to Triple Nuclear Energy Production by 2050

Michigan Governor Gretchen Whitmer's plan…

News

Trans Mountain Pipeline Could Change Canada's Energy Future

Trans Mountain Pipeline Could Change Canada's Energy Future

Aug 06, 2012 at 16:52 | James Burgess

Forget the Keystone XL, or Northern Gateway pipelines. The pipeline that really could change Canada’s energy industry is the Trans Mountain pipeline.Currently the Trans Mountain carries oil across…

What's Happening with the Eurozone?

What's Happening with the Eurozone?

Aug 06, 2012 at 16:50 | Editorial Dept

A few of you have emailed and asked.  I understand the latest as follows: Draghi basically understands the problem, but is hemmed in by Germany.  He is now to some…

UK Must Spend £110 Billion in Order to Achieve 2020 Green Energy Target

UK Must Spend £110 Billion in Order to Achieve 2020 Green Energy Target

Aug 06, 2012 at 16:47 | James Burgess

Ed Davey has recently stated that in order to achieve its renewable energy targets and cope with the loss of 20 percent of its current fossil fuel power generation by…

BTG Invest $1 Billion to Double Stake in Oil Rig Operator

BTG Invest $1 Billion to Double Stake in Oil Rig Operator

Aug 06, 2012 at 16:45 | Charles Kennedy

BTG Pactual SA’s private-equity funds have announced that it has invested $1 billion in Sete Brasil Participacoes SA.Sete Brasil has been seeking investment to raise capital in order…

Fire at West Tusla Oil Refinery  has been Contained

Fire at West Tusla Oil Refinery has been Contained

Aug 06, 2012 at 16:43 | Charles Kennedy

Before 3am on last Thursday, residents local to an oil refinery in west Tulsa reported that they heard a large explosion. According the news site, KRMG.com, the explosion caused a…

Gasoline Prices have Increased by 20 Cents in the Last 5 Weeks

Gasoline Prices have Increased by 20 Cents in the Last 5 Weeks

Aug 06, 2012 at 10:14 | Editorial Dept

Average retail gasoline prices in Atlanta rose 5.7 cents per gallon last week, averaging $3.52/g Sunday ... The national average increased 9.3 cents per gallon in the last week to…

Sanctions Cost Iran $133 Million a Day in Lost Revenue

Sanctions Cost Iran $133 Million a Day in Lost Revenue

Aug 03, 2012 at 18:01 | Charles Kennedy

According to a recent report by Bloomberg, the US and EU sanctions have already caused a 52% fall in shipments exporting oil from Iran, equating to 1.2 million barrels per…

Huge Finds in the Mediterranean Mean Israel is Overflowing in Natural Gas

Huge Finds in the Mediterranean Mean Israel is Overflowing in Natural Gas

Aug 03, 2012 at 17:58 | Joao Peixe

Ever since its foundation as an autonomous state in 1948, Israel has relied on imported energy to meet its domestic power demands. However offshore exploration operations have now found giant…

Obama Handed the Ball to China When he Rejected Keystone XL

Obama Handed the Ball to China When he Rejected Keystone XL

Aug 03, 2012 at 17:56 | Joao Peixe

US dreams of energy security involve the easy access to abundant oil and gas sources both domestically, and also from its neighbours. With its huge oil reserves, Canada…

DOE to Invest $43 Million in Energy Storage Research Projects

DOE to Invest $43 Million in Energy Storage Research Projects

Aug 03, 2012 at 17:54 | James Burgess

The DOE has recently announced that, through its Advanced Research Projects Agency-Energy (ARPA-E), it will invest $43 million into 19 new research projects looking at the development of more efficient…

Alcatraz Now Receives all Energy from Solar Sources

Alcatraz Now Receives all Energy from Solar Sources

Aug 01, 2012 at 16:57 | James Burgess

In accordance with President Obama’s Executive Order, all Federal Agencies must reduce their greenhouse gas emissions by 30% by the year 2020, this includes National Parks, such as Alcatraz prison…

6 of the Largest Oil Fields in the World Still Waiting to be Developed

6 of the Largest Oil Fields in the World Still Waiting to be Developed

Aug 01, 2012 at 16:54 | James Burgess

For a variety of reasons there still exist many untapped oil fields in the world. Those reasons may be political, technological, geological, or economical; but as time goes on they…

Kuwait to Finally Start Construction on the Middle East's Largest Oil Refinery

Kuwait to Finally Start Construction on the Middle East's Largest Oil Refinery

Aug 01, 2012 at 16:52 | Charles Kennedy

After years of delays the Kuwait National Petroleum Company (KNPC) looks as though it will finally go ahead with plans to build the Middle East’s largest oil refinery.Five…

South America's Burgeoning Geothermal Potential

South America's Burgeoning Geothermal Potential

Aug 01, 2012 at 16:50 | Joao Peixe

Many countries in South America are located in global hotspots, and with the continents population expected to grow 72% by 2035, climate change is set to have a significant impact…

Australia Sign a Deal to Supply the UAE with Uranium

Australia Sign a Deal to Supply the UAE with Uranium

Aug 01, 2012 at 16:45 | Joao Peixe

Australia’s Foregin Minister, Bob Carr, has announced that Australia recently signed an agreement with the UAE to supply the Gulf state with uranium for the forseeable future. The deal states…

More than 700 Million Left without Power after Latest Blackouts in India

More than 700 Million Left without Power after Latest Blackouts in India

Jul 31, 2012 at 17:09 | Joao Peixe

India has suffered yet more blackouts, this time leaving more than 700 million people without power, and raising serious doubts about the country’s failing infrastructure and the government’s ability to…

China Pay $20 Billion for Front Seat in Africa's Hydrocarbon Show

China Pay $20 Billion for Front Seat in Africa's Hydrocarbon Show

Jul 31, 2012 at 17:08 | Charles Kennedy

In the recent Forum on Chinese-Africa Cooperation (FOCAC), China has secured its ties with Africa by pledging almost twice as much aid money as last year. President Hu Jintao promised…

Lloyds to Invest £333 Million in UK Renewable Energy Projects

Lloyds to Invest £333 Million in UK Renewable Energy Projects

Jul 31, 2012 at 17:05 | Charles Kennedy

Lloyds Banking Group has recently declared that it will invest £1 billion into the British governments new Infrastructure Plan. Lloyds have identified nine social and economic infrastructure projects, three conventional…

Saudi Arabia Cancel Multi-Million Dollar Contracts with Russia

Saudi Arabia Cancel Multi-Million Dollar Contracts with Russia

Jul 31, 2012 at 17:03 | James Burgess

Russia and Saudi Arabia’s opposing stances over the situation in Syria has finally led to action. Saudi business tycoon Mubarak Swaikat has cancelled several multi-million dollar oil and gas contracts…

When will the FOMC Announce QE3?

When will the FOMC Announce QE3?

Jul 30, 2012 at 17:16 | Editorial Dept

There is a chance that the FOMC will announce QE3 this week although some analysts expect QE3 in September and others after the election in November.As an example,…

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