Very interesting figures on oil production coming out of Australia last week. Showing the nation may be on the verge of a petro-crisis.Adelaide-based analysts EnergyQuest released their quarterly…
Russia’s move on Ukraine’s Crimea region has sparked Central European countries to increase calls for the United States to export its natural gas to Europe and help the region reduce…
March 11 marks the third anniversary of the tsunami that hit Japan and led to the disaster at Fukushima-Daiichi. Thousands died from the tsunami, and many are still living in…
After Russia’s invasion of Ukraine and its occupation of Crimea, many in the West wondered what could be done to oppose Moscow. Complicating matters, Europe depends on Russia for over…
The discovery of an important deposit of oil and natural gas in the Eastern Mediterranean Sea a few years ago in a triangular area just off the coasts of Israel,…
A lot of negative press the last several days on coal. With Goldman Sachs releasing a high-profile report predicting that oversupply will depress prices and thus stock valuations.This…
Lawmakers in Washington say expanded energy exports could strengthen the U.S. hand overseas while at the same time shielding the economy from overseas shocks. How that affects U.S. consumers, however,…
China’s voracious energy needs have been a source of concern for government officials for years. Ironically, China was a net oil exporter until the early 1990s and became the world's…
The Arctic was once of interest only to polar scientists and adventurers, but this is rapidly changing as a warmer climate is making the region increasingly accessible for resource extraction.…
Supergiant oil company ExxonMobil Corp. says it plans to simultaneously cut spending and launch production at a record 10 major projects this year, adding 300,000 barrels of oil…
As I've discussed before, the uranium mining business has some unique global challenges.Namely, that the industry cost curve is much more warped than for any other metal.
Despite mounting concerns about safety, and developments in the midstream sector, John Gray, a senior vice president of the Association of American Railroads, said crude oil is now a key…
British-based gas giant BG Group Plc has won a multi-million-dollar ruling against Argentina in a landmark case in the US Supreme Court. In a long-running case against Argentina…
ExxonMobil had a pretty rotten week. On March 5 it announced that it would reduce capital expenditures this year, after having “peaked” in 2013. Its 2014 spending will hit…
A referendum on whether Scotland should be an independent country and leave the United Kingdom will be held 18 September 2014, with a straight Yes/No question: "Should Scotland be an…
No one at this point needs another column on the crisis in the Ukraine, the natural gas influence of Russian pipelines on Eastern Europe or speculation on the outcome of…
I am a big believer in the “teach a man to fish” principle and not just when it comes to charitable endeavors. My role here at Oilprice.com is to help…
Due to the tense standoff between Russia and Ukraine in the Crimea, and the increased pressure this has put not only on far-reaching international relations, but on Ukraine’s energy security…
The Insider’s weekly run-down of critical figures and happenings from around the energy world.$1.34. Value of proved reserves created in 2013 for each $1 spent by Gulf of…
This week we have some important updates for investors as local elections near and in light of the potential energy and geopolitical reverberations across the Black Sea from Ukraine.