Oilprice.com is pleased to announce the launch of our long promised discussion area. Click the following link to access our forum: Oil Price Discussion Area There are…
In a nutshell, Republican presidential candidate Mit Romney has received a serious campaign lashing over his corporate, American-job-outsourcing past, and his response to that is to take the Obama administration…
International oil companies from the likes of Exxon Mobil and India's ONGC Videsh are among the majors setting their sights on an October deadline to submit bids to the…
A few days ago, I showed the close relationship between growth in world oil consumption and growth in world GDP. In this post, I will extend that analysis by…
Carpe Diem, Reuters, FTalphaville, and WhaleOil are among those calling attention to a new paper by Leonardo Maugeri, senior manager for the…
In the 1970’s everyone thought that the earth was cooling; then they started to claim that it was warming up. Nowadays there are people on both sides of that argument,…
While the 17-nation Eurozone struggles with the introduction of its permanent €500 billion financial security mechanism, Britain itself, apart from their 2008 bail-out packages, has so far initiated more than…
An “if” – a major “if,” in fact, is whether Afghanistan will achieve sufficient political stability following the withdrawal of foreign military forces in 2014 to begin economic development.
After five years of stalled negotiations, a bill overhauling Nigeria’s oil industry has finally won cabinet approval and if it makes it beyond the president’s office and through parliament, it…
Saudi Aramco has stated that it designs the well layouts and extraction patterns from its oil fields so that they effectively decline at a rate of 2% per year.*…
Iran, no less than the European Union or the United States of America, faces a series of problems which place it at a critical strategic junction. It now faces urgent…
The latest inflation data from the Bureau of Labor Statistics show the CPI unchanged in June, following a 0.3 percent decrease in May. For the full year, the CPI…
The economy, jobs and the debate over the direction of the country dominate 2012 political campaigns. Nowhere is the political rhetoric fiercer than on energy issues.Today there is…
Oil markets reacted Monday to a naval escalation near Dubai, highlighting on-going tensions in the Persian Gulf region. Oil prices Friday surged higher following economic statements from China, which has…
Canada is full of natural gas. The country's gas storage market is near capacity, in fact -- much earlier than normal in the current gas injection season.
The EIA has reported that natural gas in the US now accounts for an equal portion of power production as coal, both contributing 32% of total generation. This led the…
Natural gas is a good transition step on the road to greener energy sources like wind, solar, and nuclear power, says a new study.Lawrence M. Cathles, Cornell…
Wind energy opponents who say that producing electricity using the power of the wind is not efficient would do well to take a look at a new graphic published on…
The Organization of Petroleum Exporting Countries described the global economy as "subdued" and "fragile," predicting no immediate recovery in 2013. World oil demand is forecast to grow modestly as the…
As the presidential campaign ramps up, Republican heir apparent Mitt Romney is being torn between advisors that want to make Obamacare the centrepiece of the campaign, and those that want…