* Any buying cooperation to be left to market * New law to focus on regional security planning The European Commission has decided not to include plans for centralized natural Continue Reading
The head of Ukraine’s competition authority said on Friday that the watchdog had decided to fine Russian gas company Gazprom 85 billion hryvnias ($3.5 billion) for abusing its monopoly on Continue Reading
The pace of drilling in the North Sea, the center of U.K. oil production for the past 40 years, has sunk to a record as crashing energy prices force explorers Continue Reading
Shell, Total and other oil companies have been battered by a more than 75 percent collapse in crude prices over the past 18 months amid a global supply glut. Royal Continue Reading
The ruble jumped the most since August, rebounding from its lowest level on record, as a recovery in crude prices encouraged investors to buy assets in the world’s biggest energy Continue Reading
The tumble in the oil price from the $US110 a barrel it was trading at until 18 months ago down to $US30 and heading lower this week demolishes the “peak Continue Reading
It is easy to understand why some folks, including the nattering nabobs of the mainstream media, might somehow mistake the current glut of oil for evidence that Peak Oil is Continue Reading
In my November 2007 column, Peak Oil Again? , when oil prices had reached $100 per barrel, I concluded, “Some day peak oil production will be reached, but most oil Continue Reading
Oil prices extended their fall on Thursday, ahead of key U.S. data expected to show a further increase in oil supplies. U.S. crude stockpiles are already near levels unseen in Continue Reading
Brent oil extended its decline from the lowest close in more than 12 years as rising U.S. crude stockpiles added to a swelling global glut. Futures slid as much as Continue Reading
