It’s well known that China is a major driver of the resource markets.The nation is one of the world’s largest importers of commodities like copper, coal and oil.
Iraq’s Deputy Prime Minister for Energy Affairs firmly stated the central government will take action, “including fiscal measures,” if Kurdistan begins exporting oil without coming to an agreement with…
Russia's Lukoil has announced an agreement with Mexico's state-run oil company Pemex for exploration, extraction and cooperation on environmental best practices.The cooperation memorandum was agreed on…
International oil companies have moved one step closer to launching commercial crude production in Uganda as the government announces the finalization of talks with foreign oil explorers and a…
There is a remarkable absence of a comprehensive US foreign policy in the Middle East with the Obama administration missing the beat on just about every major event in the…
I dropped by the Detroit Auto Show this weekend (its last this year) at Cobo Center as it was wrapping up. Regular readers know that I am a big fan…
Earlier today, my colleague Stuart put low oil and natural gas prices in perspective, showing that demand has risen considerably of late.Cold weather and consumers snapping up…
A consortium in Kazakhstan led by U.S. supermajor Chevron said it set a production record in the country's western Tengiz oil field and last week, China said it was piping…
Most historians date the Railway Age as beginning in 1830, when the Liverpool and Manchester Railway opened, providing the first steam passenger service, proving the viability of rail transport.
US oil giant Chevron has announced it will “vigorously” oppose a $5 billion lawsuit filed in the United States by Nigerians residing in the vicinity of a deadly offshore natural…
1. Energy revolution in North America shapes global marketsThe energy boom in North America will continue to change global energy trends in 2014 and is set to reverse…
A major development in the story of LENR (low energy nuclear reactions, aka 'cold fusion') broke on Friday afternoon from Raleigh, North Carolina, with start-up Industrial Heat, LLC's announcement via…
2013 was the year of “Pipeline hysteria”—with some justification. Over 110,000 barrels were spilled in 544 incidents in 2013, compared to only 45,954 barrels spilled throughout 571 incidents in…
There are some massive changes afoot in U.S. petroleum markets.Including some unusual trends many investors have never heard of.In commodities like propane, for example. With the…
A year that starts off with line-ups at the legal marijuana store has got to be a good year for green in general.Old timers, who took their first…
Ukraine in May hosts a summit to explore the potential for shale oil and natural gas in Europe. Ukraine and its Eastern European neighbors may host some of the more…
Coal prices in China declined by 16% in 2013 as the economy cooled and the government stepped up efforts to curtail air pollution, according to Bloomberg. China is the…
A US court decision may delay Royal Dutch Shell’s drilling plans in the Arctic in a small victory for environmentalists and Native American groups. A panel of judges…
Siberia has traditionally conjured up images of fearsome cold and death, first as a place of exile under the Russian Tsars and later under the murderous regime of Lenin’s Bolsheviks.
Think back to early 2004. Oil cost around $40 per barrel—on the high side compared to the previous few decades but not much out of the ordinary. Gasoline still cost…