Canada’s Oil Future Has Been Hijacked
How Did Alberta’s Oil Future End Up With Pipeline Companies? How did the value of your house and your future employment opportunities end up in the hands of owners/operators of Continue Reading
Why ‘overregulated’ California is leading the way
Ideologues hate it when the facts get in the way of their theories. California’s Gov. Jerry Brown signed trailblazing legislation last week that commits the state to audacious greenhouse gas Continue Reading
Here’s One Sign That ‘Peak Oil’ Is Dead
Peak Oil: gone and forgotten? Google Inc. searches for the idea that once helped propel oil prices to nearly $150 per barrel have dwindled to almost nothing, according to a Continue Reading
Norway Forced To Cancel Arctic Drilling Plans
Offshore oil Norway has pushed the oil and gas boundaries further north in recent years, opening up the Arctic for drilling. But low oil prices and environmental opposition are forcing Continue Reading
Oil Prices Fall on Dollar Strength, Continued Concerns About Glut
Oil prices fell Friday on a stronger dollar and skepticism that a large drop in U.S. inventories last week marks the beginning of a trend. But prices still posted a Continue Reading
Oil prices plummet after Thursday’s spike
A day after a data-driven spike, crude oil prices reversed course in early Friday trading as Russia’s energy minister pushed production talks off the table. Data from the U.S. Energy Continue Reading
Natural Gas Rises on Shrinking Surplus
Natural gas prices rose Friday on indications that the glut of the fuel is shrinking. The natural-gas market is oversupplied following a winter of sluggish demand and robust production. However, Continue Reading
Iran, Nigeria Have Right to Raise Oil Output, Algiers Host Says
Libya also has right to increase production: Minister Bouterfa Algeria to host talks to stabilize oil market later this month OPEC and other producers can reconcile talks aimed at stabilizing Continue Reading
Exclusive: Iranian oil output stagnates for third month amid OPEC bargaining
Iran’s steep oil output growth has stalled in the past three months, new data showed, suggesting Tehran might be struggling to fulfill its plans to raise production to new highs Continue Reading
France’s Total Takes Control of Barnett Shale in Texas
A rare Barnett Shale drilling rig, pictured last year. French oil major is now the… Total said on Friday it is exercising its preemption right to acquire the 75% share Continue Reading