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Breaking News:

Oil Moves up on Inventory Dip

Sanctioned Russian LNG Cargo Stranded at Sea

Sanctioned Russian LNG Cargo Stranded at Sea

A Russian LNG tanker carrying…

Will Trump's Second Term Bring Lasting Peace to the Red Sea?

Will Trump's Second Term Bring Lasting Peace to the Red Sea?

The anticipation of Trump's second…

Energy

Politics and Peak Energy - Have we Reached the Tipping Point?

Mar 22, 2010 at 23:36 | John Howe

Economic success, growth, and an affluent (happy) consumer lifestyle directly depend on an abundance of inexpensive energy. Conversely, the quantity and type of energy consumed can have a very adverse…

As Natural Gas Prices Languish the Gulf of Mexico Executes a Successful Oil and Gas Lease Sale

Mar 22, 2010 at 19:30 | Dave Forest

The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what these companies paid. High bids…

The U.S. No Longer Controls the Price of Oil in a Peak Oil World

Mar 20, 2010 at 16:01 | Business Insider

Back in the days when US oil demand controlled the price of oil, a massive recession in the United States would have sent oil to 12.00 dollars a barrel. That…

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Oil Sands Potential for Energy Security

Mar 19, 2010 at 19:14 | W.Jack Ford

The increasing use in the United States of gasoline, jet fuel and other petroleum products made from Canada’s oil sands has aroused opposition from Canadian and U. S. environmentalists equal…

Happy 50th Anniversary Year OPEC

Mar 18, 2010 at 16:04 | Ferdinand E. Banks

On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy.  I have decided to send…

Where will Natural Gas Prices Go Now That Inventories Have Been Drawn Down

Mar 18, 2010 at 06:02 | Dave Forest

Mother Nature's been good to the North American natural gas sector. Not only did she gift several massive shale gas plays over the last few years. She also…

Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 2)

Mar 17, 2010 at 15:11 | Dennis Edison

As T. Boone Pickens is touting, we could replace one-third of our dependence on oil within just a few years with natural gas if we would simply embrace the alternative.…

Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 1)

Mar 17, 2010 at 15:06 | Dennis Edison

If I may, I would like to rebut or add a little objectivity to the flood of “Peak Oil” articles circulating around. When I see another crisis looming in the…

Crude Prices Stagnate Amid Doubts About Global Demand

Mar 12, 2010 at 23:40 | Darrell Delamaide

Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…

DOE Stimulus Grant Throws Spotlight on Growing Need for Energy Storage

Mar 11, 2010 at 13:48 | Darrell Delamaide

A new stimulus grant of $100 million from the U.S. Department of Energy that includes support for grid-scale energy storage projects is the latest sign of the growing need to…

Shell, PetroChina bid for Australian coal gas producer as Asia seeks energy resources

Mar 10, 2010 at 02:08 | Darrell Delamaide

PetroChina joined with Royal Dutch Shell in a bid for Australian coal-seam gas producer Arrow Energy as Asian countries scramble for a stake in the vast energy resources at their…

There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End

Mar 09, 2010 at 02:09 | Business Insider

a href="http://www.businessinsider.com"> When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet…

Chevron to Seek Shale Gas in Poland as Europe Focuses on Unconventional Reserves

Mar 08, 2010 at 22:01 | Darrell Delamaide

Chevron has acquired exploration rights for four shale gas concessions in southeastern Poland, the U.S. oil giant said in a recent SEC filing, joining other international companies in the hunt…

EU Offers $3.1 Billion for Energy Infrastructure Projects, Including Caspian Pipeline

Mar 05, 2010 at 19:17 | Darrell Delamaide

The European Commission added to its economic stimulus program with the largest-ever package of grants to energy infrastructure, including support for the Nabucco pipeline project that will help Europe diversify…

U.S. Governors Seek "Onramp" to Pipeline for Booming Bakken Shale Output

Mar 04, 2010 at 13:41 | Darrell Delamaide

Governors of Montana and North Dakota met with TransCanada Corp. officials this week in an effort to convince the builder of a nearly 2,000-mile pipeline from Alberta to the…

Gazprom Finally Accepts that Shale Gas Has Changed the World

Mar 03, 2010 at 17:46 | Dave Forest

The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas prices on the continent. This…

The Great Divide of Natural Gas

Mar 02, 2010 at 19:50 | Dave Forest

South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major EnCana covering three fields in…

Is the Shale Gas Revolution Coming to Europe? Should Russia be Concerned

Mar 02, 2010 at 16:21 | Business Insider

European shale-derived natural gas could become a reality far sooner, and in far larger quantities, than markets expect In a Securities and Exchange disclosure from last…

Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target

Mar 02, 2010 at 13:47 | Darrell Delamaide

Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…

Energy Efficiency and its Impact on Energy Demand

Feb 28, 2010 at 14:12 | Business Insider

Energy efficiency is one of the themes most discussed by those who are interested in issues regarding energy and the environment. The key question is how effective these proposed solutions…

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