• 2 hours Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 4 hours Venezuelan Output Drops To 28-Year Low In 2017
  • 6 hours OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 9 hours Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 10 hours Kinder Morgan Delays Trans Mountain Launch Again
  • 11 hours Shell Inks Another Solar Deal
  • 1 day API Reports Seventh Large Crude Draw In Seven Weeks
  • 1 day Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 1 day EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 1 day IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 1 day Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 1 day Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 1 day Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 1 day Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 2 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 2 days Norway Grants Record 75 New Offshore Exploration Leases
  • 2 days China’s Growing Appetite For Renewables
  • 2 days Chevron To Resume Drilling In Kurdistan
  • 2 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 2 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 2 days Nigeria Among Worst Performers In Electricity Supply
  • 3 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 3 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 3 days Saudis To Award Nuclear Power Contracts In December
  • 3 days Shell Approves Its First North Sea Oil Project In Six Years
  • 3 days China Unlikely To Maintain Record Oil Product Exports
  • 3 days Australia Solar Power Additions Hit Record In 2017
  • 3 days Morocco Prepares $4.6B Gas Project Tender
  • 3 days Iranian Oil Tanker Sinks After Second Explosion
  • 6 days Russia To Discuss Possible Exit From OPEC Deal
  • 6 days Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On
  • 6 days Kenya Cuts Share Of Oil Revenues To Local Communities
  • 6 days IEA: $65-70 Oil Could Cause Surge In U.S. Shale Production
  • 6 days Russia’s Lukoil May Sell 20% In Oil Trader Litasco
  • 6 days Falling Chinese Oil Imports Weigh On Prices
  • 6 days Shell Considers Buying Dutch Green Energy Supplier
  • 7 days Wind And Solar Prices Continue To Fall
  • 7 days Residents Flee After Nigeria Gas Company Pipeline Explodes
  • 7 days Venezuela To Pre-Mine Petro For Release In 6-Weeks
  • 7 days Trump Says U.S. “Could Conceivably” Rejoin Paris Climate Accord

Article Archive

The Biggest Oil Collapse In History

The Biggest Oil Collapse In History

Jan 18, 2018 at 15:40

Venezuela’s oil production plunged to new lows in December, surprising even some of the most pessimistic forecasts. According OPEC’s secondary sources data — provided by independent groups — Venezuela’s…

Peak Oil Demand Is A Slow-Motion Train Wreck

Peak Oil Demand Is A Slow-Motion Train Wreck

Jan 18, 2018 at 15:37

Will oil demand peak within five years? 15 years? Or not until 2040 or 2050? The precise date at which oil demand hits a high point and then enters into…

This U.S. Lab Could Help Saudis Boost Crude Demand

This U.S. Lab Could Help Saudis Boost Crude Demand

Jan 18, 2018 at 14:03

While all eyes are on its upcoming IPO with investment banks scrambling for the role of coordinator, Saudi Aramco, it appears, is quietly investing in efficiency improvement technologies for internal…

OPEC Oil Production Falls In December

OPEC Oil Production Falls In December

Jan 18, 2018 at 14:03

The latest OPEC Monthly Oil Market Report is out with production numbers for December 2017. All data is in thousand barrels per day. (Click to enlarge) Total OPEC…

$70 Oil Cripples European Refiners

$70 Oil Cripples European Refiners

Jan 18, 2018 at 13:40

In the latest indication of the strength of the recovery of global oil prices, European refineries are struggling to pay their crude bills as margins decline and demand weakens for…

Global Clean Energy Investments Near All-Time High

Global Clean Energy Investments Near All-Time High

Jan 18, 2018 at 13:22

Booming Chinese solar installations propelled annual worldwide investments in renewable energy and energy-smart technology 3 percent higher to $333.5 billion last year—the second-highest on record, a Bloomberg New Energy Finance…

China's Gas Production Hits Three-Year High

China's Gas Production Hits Three-Year High

Jan 18, 2018 at 12:00

China pumped natural gas at the highest rate since 2014 in December 2017 in an attempt to make up for shortages of the fuel in the northern parts of…

The Best Places In The World To Mine Bitcoin

The Best Places In The World To Mine Bitcoin

Jan 18, 2018 at 10:49

Deep in China’s Sichuan mountains, miners are chipping away at complex mathematical puzzles in hopes of unlocking one of today’s most prized assets, bitcoin. Currently, more than 60 percent of…

Oil Prices Rebound After EIA Reports Another Large Crude Draw

Oil Prices Rebound After EIA Reports Another Large Crude Draw

Jan 18, 2018 at 10:13

Amid emerging doubts that OPEC and Russia have outdone themselves with the oil production cuts and are starting to suffer the consequences, the Energy Information Administration reported another large…

The OPEC Deal May End In June

The OPEC Deal May End In June

Jan 18, 2018 at 08:58

A couple of weeks ago, comments from the UAE’s energy minister spurred the oil price rally higher. What the minister said — or rather, hinted — was that the oil…

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