Charles is a writer for Oilprice.com
Recognizing its position as the world’s largest oil importer, China is moving to create a futures contract for crude. The new contract would be listed…
A group of European oil companies have banded together to call upon the international community to institute a global carbon price. In a letter to…
With major setbacks in the fight against ISIS in Iraq, the Obama administration has been faced with questions about its strategy. Rather than making progress…
More than a dozen people were killed as massive rain storms hit Texas, flooding large swathes of land across much of the state. The storms…
The deadline for a comprehensive deal between Iran and the P5+1 nations is quickly approaching, with the outcome no more certain than it was a…
Low oil prices are endangering an increasing number of exploration and production companies.According to a new report from Moody’s Investors Service, the oil and gas…
A pipeline in California broke and spilled oil into the Pacific Ocean on May 19. Oil washed up on the shores in Santa Barbara County…
While we constantly analyze short-term data, the industry has a longer-term problem. And it is not related to what lies below the ground.There is a…
Libya has been torn apart from violence and political instability, and its oil sector has been severely impacted as a result. But amid all the…
With mounting evidence that the fracking industry is causing a dramatic rise in seismic activity in Oklahoma, a growing chorus is calling for a moratorium…
Low oil prices have provided a windfall to consumers around the world. In the United States, the second largest importer of crude (which was recently…
The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has…
Low oil prices in recent months have led to boom times for the tanker industry.Oil and refined products (gasoline, diesel, jet fuel) are carried on…
Could the rising levels of debt in the oil industry contribute to destabilization in the financial system?The collapse in oil prices has forced drillers to…
How can Shell possibly finance the purchase of BG?Royal Dutch Shell is set to report its first quarter earnings, and by all accounts, it will…
Despite the rough patch that the nuclear industry has experienced in recent years, its future remains bright, the industry insists. That is because the next…
The U.K. government wants BP to still stand for “British Petroleum.”The Financial Times reported that Downing Street would do all it could to block a…
The Brazilian state-owned oil company has released its first financial statements in 8 months – and it doesn’t look good. Petrobras has been embroiled in…
It has been a bumpy road, but Japan is closer than ever to seeing a return to nuclear power. Four years after Fukushima, Japan still…
Every four years the U.S. Department of Defense releases its Quadrennial Defense Review (QDR), an assessment of the potential threats and capabilities of the U.S.…