Oil

  • Most Topular Stories

  • With Gas So Cheap and Well Drilling Down, Why is Gas Production so High?

    The Oil Drum - Discussions about Energy and Our Future
    Euan Mearns
    26 Jan 2012 | 7:20 am
    This is a guest post by David Hughes, a geoscientist, president of a consultancy dedicated to research on energy and sustainability issues, and a fellow of Post Carbon Institute, on whose website this article first appeared. Natural gas prices have declined to below $3.00/mcf, levels not seen for years, yet the EIA posted the highest gas production ever in October, 2011. U.S. gas production is growing despite annual well completion rates that are half that at the peak of the drilling boom in 2008, when gas price topped $12.00/mcf. Proponents of shale gas as a “game changer”…

  • Ideas for 2012: Look out, Helter Skelter!

    Energy, Markets and Money
    7 Jan 2012 | 4:12 am
    (Published in Cotizalia on 24th December 2011)First of all, i wish you all a fantastic 2012, full of peace.Like every year, I venture to give you my ideas for the year that is approaching.My bet for 2012 is a combination of corporate bonds, anti-recession stocks  ​​and a very neutral strategy in commodities, covering with short positions in semi-state-owned companies and indexes in France, China and Brazil.All my bets are relative, ie I do not expect the stock market to rise, in fact I see a fall potential of almost 20% in the Eurostoxx , so I expect a neutral…

  • The Changing Status of Renewable Fuels

    The Oil Drum - Discussions about Energy and Our Future
    Heading Out
    25 Jan 2012 | 1:42 pm
    While it may be way too early to declare a final winner in the race to find replacement renewable liquid fuels for the jet fuel and diesel that power so many of the vehicles in the world, there are some indications as to the technology that just might end up coming out ahead. The results starting to appear also show that sometimes there is a disconnect between what the Government wants and considers possible, and the real world. The concern over climate change (not peak oil) led many governments around the world to mandate that propulsion fuels include a growing percentage generated from a…

  • Peak oil notes - January 26

    Energy Bulletin -
    kristinsponsler
    26 Jan 2012 | 7:48 am
    A midweekly roundup of peak oil news, including: -Developments this week read more

  • Texas aquifer has adequate water for drilling, panel finds

    API SmartBrief
    27 Jan 2012 | 7:25 am
    The Carrizo Wilcox Aquifer in South Texas has sufficient water to support oil and natural gas production aside from just comm -More- 
 
  • add this feed to my.Alltop

    Forbes - Energy

  • Remarkable Editorial Bias on Climate Science at the Wall Street Journal

    Peter Gleick
    27 Jan 2012 | 10:59 pm
    The Wall Street Journal?s editorial board has long been understood to be not only antagonistic to the facts of climate science, but hostile. But in a remarkable example of their unabashed bias, on Friday they published an opinion piece that not only repeats many of the flawed and misleading arguments

  • Study: Energy Efficiency in Apartments Could Save $3.4 Billion

    Jennifer Kho
    27 Jan 2012 | 10:00 pm
    Energy-efficiency upgrades in U.S. apartment buildings could cut energy bills by almost $3.4 billion annually nationwide, according to a new report this week from think tanks CNT Energy and the American Council for an Energy-Efficient Economy.

  • California Orders Automakers To Sell More Plug-In and Fuel-Cell Cars

    Jim Gorzelany
    27 Jan 2012 | 4:11 pm
    California regulators voted to mandate major automakers substantially increase the numbers of electric, plug-in hybrid and hydrogen fuel cell-powered models in their fleets in the coming years, eventually accounting for 15.4 percent of all vehicles sold in the state by 2025.

  • California Sets New Rules To Boost Zero-Emission Car Sales

    Ucilia Wang
    27 Jan 2012 | 3:53 pm
    About 15 percent of the new cars sold in California by 2025 must run on electricity, hydrogen fuel or other alternative fuels that produce near zero or no emissions, according to new rules adopted unanimously by state regulators on Friday. The  new rules means one in seven new cars, or 1.4 million total, will use much cleaner sources of fuel by 2025.

  • Powerful Solar Financing Program For Homeowners Gets Reprieve

    Justin Gerdes
    27 Jan 2012 | 2:29 pm
    Last week, two events gave notice that rumors of the death of PACE financing, one of the most promising policies available to fund energy retrofits, have been greatly exaggerated.
  • add this feed to my.Alltop

    Oil Prices on Huffington Post

  • Oil Boom Wreaks Havoc On North Dakota Towns

    The Huffington Post News Team
    27 Jan 2012 | 7:25 am
    BISMARCK, N.D. (AP) — In the last two years, Williston school superintendent Viola LaFontaine has had to manage an influx of 480 new students brough... Read more: Census, North Dakota, Video, Oil Boom, Opec, Sen. Rich Wardner, Pta, Oil Revenues, Oil-Producing, Oil Companies, Ap, North Dakota State University, Business News

  • Mason Inman: The Climate Post: Obama Calls for "All of the Above" Energy Strategy for America

    Mason Inman
    27 Jan 2012 | 5:24 am
    In President Obama's third State of the Union address, he devoted more time than before to covering energy issues, calling for an all-out, "all-of-the-above" approach to boosting production of every kind of domestic energy, fossil as well as renewable. Read more: Energy, Economy, Greenhouse Gases, Environment, Renewable Energy, Oil Prices, Climate Change, Clean Energy, Natural Gas, State of the Union, China, Green Energy, Green News

  • Graphene Super-Material Can Make Booze Too

    The Huffington Post News Team
    27 Jan 2012 | 2:01 am
    Graphene has been hailed as the world’s thinnest, stiffest, and strongest material. But now scientists are raising a toast to the new discovery that... Read more: Video, Graphene, University of Manchester, Gas, Helium, Water, Alcohol, Distil, Technology, Material Science, Science News

  • Brad Friedman and Desi Doyen: 'Green News Report' - January 26, 2012

    Brad Friedman and Desi Doyen
    26 Jan 2012 | 4:41 pm
    TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Drill-Bab... Read more: Fracking, Economy, West Virginia, Epa, Renewable Energy, Regulation, Conservation, Green News Report, Pollution, Coal, Pipeline, Canada, Tar Sands, Video, 2012 Presidential Election, Oil Spill, Sotu, Fossil Fuels, Big Oil, Climate Science, Gop, Climate Change, Climate Change Denial, Global Warming Deniers, Air Pollution, State of the Union, Global Warming, Energy, Environmentalism, Subsidies, State Department, Barack Obama, BRAD BLOG,…

  • Karin Lissakers: Drilling for Transparency

    Karin Lissakers
    26 Jan 2012 | 12:13 pm
    Obama's State of the Union promise to open more offshore oil and gas fields and support natural gas development lacks one ingredient if the public is to receive the full economic benefits. Read more: Transparency, Energy, Dodd-Frank, Mining, Sotu, Securities and Exchange Commission, Gulf Oil Spill, Oil Companies, Barack Obama, Offshore Drilling, Business News
 
  • add this feed to my.Alltop

    The Oil Drum - Discussions about Energy and Our Future

  • Drumbeat: January 27, 2012

    Leanan
    27 Jan 2012 | 8:12 am
    Everything You Know About Peak Oil Is Wrong We’ve been warned before. Four decades ago this year, five scientists from the Massachusetts Institute of Technology published an influential set of predictions regarding the sustainability of human progress. Titled Limits to Growth, their report suggested the world was heading toward economic collapse as it exhausted the natural resources, such as oil and copper, required for economic production. The report forecast that the world would run out of new gold in 2001 and petroleum by 2022, at the latest. Over the intervening years, the threat of…

  • With Gas So Cheap and Well Drilling Down, Why is Gas Production so High?

    Euan Mearns
    26 Jan 2012 | 7:20 am
    This is a guest post by David Hughes, a geoscientist, president of a consultancy dedicated to research on energy and sustainability issues, and a fellow of Post Carbon Institute, on whose website this article first appeared. Natural gas prices have declined to below $3.00/mcf, levels not seen for years, yet the EIA posted the highest gas production ever in October, 2011. U.S. gas production is growing despite annual well completion rates that are half that at the peak of the drilling boom in 2008, when gas price topped $12.00/mcf. Proponents of shale gas as a “game changer”…

  • The Changing Status of Renewable Fuels

    Heading Out
    25 Jan 2012 | 1:42 pm
    While it may be way too early to declare a final winner in the race to find replacement renewable liquid fuels for the jet fuel and diesel that power so many of the vehicles in the world, there are some indications as to the technology that just might end up coming out ahead. The results starting to appear also show that sometimes there is a disconnect between what the Government wants and considers possible, and the real world. The concern over climate change (not peak oil) led many governments around the world to mandate that propulsion fuels include a growing percentage generated from a…

  • TheOilDrum.com Archive 2005-2011

    Admin
    25 Jan 2012 | 12:30 pm
    During the past seven years, TheOilDrum.com has hosted analysis and discussion surrounding the possibility and implications of a near term peak in global oil production and importance of energy to society in general. Out of the ~8,500 articles posted here (all searchable by keyword in upper left), the list below comprises what each author considered some of their most relevant content. The list is in alphabetical order, by last name of Oil Drum contributor. Click on the author's name to go to their list of selected articles. At the end of each section, a link is given to the complete list of…

  • Tech Talk - The Potential for Future Production from Romania

    Heading Out
    23 Jan 2012 | 12:57 pm
    There are violent protests taking place in Bucharest, Romania, which carry with them the threat of destabilizing the government, as we have seen in countries which lie further south. But while countries involved in the “Arab Spring” have oil and natural gas that are being exported, Romania is no longer a leader in production and export of petroleum products, and now imports them. Yet back in 1837, it was reportedly the first country to have an oil industry, reaching a production of 1719 barrels a year. It was also, in 1900, the first country to export gasoline, at a time when it…
  • add this feed to my.Alltop

    General Interest

  • IMF: Cut in Iranian crude could boost prices 30%

    27 Jan 2012 | 4:35 pm
    Global oil price could rise by as much as 30% if Iran halts oil exports as a result of sanctions by the US and the European Union, according to a report by the International Monetary Fund.

  • Cabot questions EPA plans to test water wells in Pennsylvania

    27 Jan 2012 | 12:52 pm
    Cabot Oil & Gas Corp. has offered to meet with US Environmental Protection Agency representatives to discuss the EPA’s plans to test the water wells of some homes in Dimock, Pa., a township within the Marcellus shale play where Cabot has done hydraulic fracturing.

  • MARKET WATCH: Natural gas rally ends; oil prices rise moderately

    27 Jan 2012 | 12:27 pm
    Crude oil prices continued recent small-change increases, with crude still challenging the $100/bbl barrier in the New York market. However, the front-month natural gas contract fell 4%, ending that rally, as traders responded to bearish projections of increased gas production while shrugging off a bullish draw of gas last week from US underground storage.

  • Judge calls for BP to indemnify Transocean in 2010 gulf oil spill

    27 Jan 2012 | 12:01 pm
    BP PLC is required to indemnify drilling contractor Transocean Ltd., the owner of the Deepwater Horizon semisubmersible drilling rig, against compensatory damages in the Gulf of Mexico oil spill off Louisiana in 2010, according to US District Judge Carl Barbier of New Orleans.

  • BOEM schedules central gulf lease sale for June 20

    26 Jan 2012 | 2:45 pm
    The US Bureau of Ocean Energy Management will hold a consolidated central Gulf of Mexico lease sale in New Orleans on June 20, the US Department of the Interior agency announced.
 
  • add this feed to my.Alltop

    Energy Bulletin -

  • Oil prices, exhaustible resources, and economic growth: report extract

    simoneosborn
    27 Jan 2012 | 2:16 pm
    This chapter explores details behind the phenomenal increase in global crude oil production over the last century and a half and the implications if that trend should be reversed. I document that a key feature of the growth in production has been exploitation of new geographic areas rather than application of better technology to existing sources, and suggest that the end of that era could come soon. The economic dislocations that historically followed temporary oil supply disruptions are reviewed, and the possible implications of that experience for what the transition era could look like…

  • ODAC Newsletter - Jan 27

    Simone
    27 Jan 2012 | 5:16 am
    President Obama exuberantly embraced America’s new oil and gas frontier this week in his State of the Union address. Clearly aiming to steal some Republican election thunder, he pledged to open 75% of potential oil and gas resources, and repeated claims that the US is sitting on enough natural gas to last for 100 years (see insightful commentary on the numbers behind this from Chris Nelder, and more on gas prospects from David Strahan. read more

  • Commentary in Nature: Can economy bear what oil prices have in store?

    bart
    26 Jan 2012 | 5:30 pm
    Stop wrangling over global warming and instead reduce fossil-fuel use for the sake of the global economy. That's the message from two scientists, one from the University of Washington and one from the University of Oxford in the United Kingdom, who say in the current issue of the journal Nature (Jan. 26) that the economic pain of a flattening oil supply will trump the environment as a reason to curb the use of fossil fuels. The "tipping point" for oil supply appears to have occurred around 2005, says James W. Murray, UW professor of oceanography. The commentary concludes: "This will be a…

  • After the nuclear disaster, Japan considers a green future

    kristinsponsler
    26 Jan 2012 | 8:59 am
    Last March, a 9.0 magnitude earthquake and subsequent tsunami left nearly 20,000 dead or missing and destroyed 125,000 buildings in the Tohoku region of Japan. The two disasters also caused three reactors at the Fukushima Daiichi nuclear power plant to melt down, which released dangerous levels of radiation into surrounding areas and led to national power shortages. Tokyo’s iconic neon signs were switched off as rolling blackouts spread across the country. Faced with the greatest reconstruction task since World War II, Japan is asking difficult questions about the future of its energy…

  • Peak oil notes - January 26

    kristinsponsler
    26 Jan 2012 | 7:48 am
    A midweekly roundup of peak oil news, including: -Developments this week read more
  • add this feed to my.Alltop

    Rigzone.com: Latest News Headlines

  • Crude Little Changed After US 4Q GDP Data

    26 Jan 2012 | 6:00 pm
    Oil futures fluctuated around $100 a barrel Friday after the U.S. government said the economy grew 2.8% in the fourth quarter.

  • RWE Scoops Up Seven Licenses

    26 Jan 2012 | 6:00 pm
    The Norwegian Government has awarded RWE Dea Norge seven new licenses, of which two as operator in the latest Awards in Predefined Areas round for 2011 (APA 2011).

  • Marathon Oil Ups Quarterly Dividend

    26 Jan 2012 | 6:00 pm
    Marathon Oil Corporation announced that the Company's board of directors has approved a 13 percent increase in the quarterly dividend.

  • Quetzal to Sell Subsidiary

    26 Jan 2012 | 6:00 pm
    Quetzal Energy Ltd. has entered into a definitive agreement with SGS Acquisition Company Ltd. (SGS) to sell 100 percent of the shares outstanding of Quetzal Energy Inc.

  • Gazprom to Speed Up Drilling of Tajikistan's Deepest Well

    26 Jan 2012 | 6:00 pm
    Alexey Miller and Sherali Gul during a recent meeting discussed the operational issues related to the present status and future prospects of Gazprom's projects in Tajikistan.
 
  • add this feed to my.Alltop

    OIL INDUSTRY NEWS - Google News

  • 'If the oil production stops I will lose my job' - Radio Netherlands

    28 Jan 2012 | 4:21 am
    BBC News'If the oil production stops I will lose my job'Radio NetherlandsSouth Sudan is halfway the two-week process of shutting down its entire oil production, estimated at 350000 barrels per day. The exercise was a drastic measure in a row with neighbour Sudan, but might leave thousands without jobs.South Sudan 'to complete shutdown' of oil productionBBC NewsS.Sudan sees oil shutdown complete by SaturdayChicago TribunePresidents meet over Sudan oil rowCapital FM KenyaReutersall 349 news articles »

  • Chevron's 4Q profit drop highlights hurdles ahead - Wall Street Journal

    28 Jan 2012 | 2:53 am
    Los Angeles TimesChevron's 4Q profit drop highlights hurdles aheadWall Street JournalAP Chevron Corp., which has spent more than $20 billion a year since 2007 scouring the globe for new resources, said Friday that it is struggling to produce more oil and natural gas. Production levels last year were the lowest since 2008.Chevron Reports Fourth Quarter Net Income of $5.1 Billion, Compared to $5.3 MarketWatch (press release)all 378 news articles »

  • No energy industry backing for the word 'fracking' - Albany Times Union

    27 Jan 2012 | 11:18 pm
    NOLA.comNo energy industry backing for the word 'fracking'Albany Times UnionThe word is "fracking" — as in hydraulic fracturing, a technique long used by the oil and gas industry to free oil and gas from rock. It's not in the dictionary, the industry hates it, and President Barack Obama didn't use it in his State of the Union Gulf of Mexico oil and gas lease sale plans fail to impress industry criticsNOLA.comall 1,028 news articles »

  • GUEST COLUMN: Striking a balance between the law, oil and gas potential - Colorado Springs Gazette

    27 Jan 2012 | 8:30 pm
    GUEST COLUMN: Striking a balance between the law, oil and gas potentialColorado Springs GazetteEvery day my phone lights up and emails roll in with comments on the oil and gas potential that exists within El Paso County today. The comments run the gamut from “ban all fracking” to “drill baby drill” and everything in between.and more »

  • The Weekly Wrap -- Jan. 27, 2012 - Foreign Policy

    27 Jan 2012 | 4:47 pm
    Foreign PolicyThe Weekly Wrap -- Jan. 27, 2012Foreign Policy lower production by 4 percent. It is not that the companies are going broke -- as discussed previously, much of the gas is in the same geological formations as highly lucrative oil, so drillers themselves say they earn excellent profit regardless.US oil industry seeks policy changes as EIA unveils annual energy outlookHydrocarbon ProcessingUS Oil Stocks on the Upswing as Domestic Production SkyrocketsMarketWatch (press release)Industry Groups Ask Obama to Take 'Pro-Manufacturing' Stance in AddressIndustryWeekPennEnergy-…
  • add this feed to my.Alltop

    OpenSecrets Blog

  • EXCLUSIVE: Obama Campaign Refunding Money Donated by Federal Lobbyists

    27 Jan 2012 | 3:22 pm
    President Barack Obama's re-election campaign is refunding the donations of five registered federal lobbyists who gave to the committee last year, OpenSecrets Blog has learned. Some of these refunds were triggered after OpenSecrets Blog brought the contributions to the campaign's attention.  The Obama campaign has pledged to refuse contributions from lobbyists, continuing a policy it set during the 2008 campaign.Research by the Center for Responsive Politics indicates the Obama campaign accepted a total of $2,250 from five federally registered lobbyists between April and September. The…

  • SOPA and PIPA Spur Lobbying Spike

    26 Jan 2012 | 12:02 pm
    SOPA and PIPA appear to have been very, very good for K Street. Companies that lobbied on the two bills spent at least $104.6 million in the fourth quarter of 2011, more than double the $49.3 million they laid out in the previous quarter, according to research by the Center for Responsive Politics.Likewise, the number of clients represented by lobbyists who worked on the issues of intellectual property enforcement and online piracy -- the ones central to the Stop Online Piracy Act in the House (H.R.3261) and its Senate companion, the Protect Intellectual Property Act (S.968) -- increased by…

  • Lobbying Expenditures Slump in 2011

    26 Jan 2012 | 9:00 am
    FOR IMMEDIATE RELEASEContact: Viveca Novak, 202-354-0111               Michael Beckel, 202-354-0108                            or press@crp.orgThe nation’s economy may be slowly rebounding, but during 2011, the economic engine of K Street sputtered. Overall expenditures on lobbying were down for the first time in more than a decade, according to research by the Center for Responsive Politics.More…

  • Spending by Super PACs Shows Deep Differences

    25 Jan 2012 | 2:34 pm
    Who's been funding the presidential super PACs since last June is largely a mystery, and will remain so until next week. But how the groups have been spending their money is a different story, thanks to legal requirements that expenditures over a certain threshhold be disclosed quickly. And the super PACs, just like the candidates they support or oppose, have shown deep differences in how they're allocating their money to get their messages across, according to a Center for Responsive Politics analysis of the expenditures. The pro-Mitt Romney committee Restore Our Future, for example,…

  • Meet the Bundlers Behind the Money

    25 Jan 2012 | 9:30 am
    In 2007, then-Sen. Barack Obama proposed legislation that would have required all presidential candidates to disclose information about supporters who raised at least $50,000 for their campaigns during the two-year period prior to Election Day. That legislation was never adopted, but as a presidential candidate Obama voluntarily released certain information about his top fundraisers.Obama has continued that practice as he revs the financial engine of his re-election campaign. Between April and the end of September, the Obama campaign released the names of 357 bundlers who had collected at…
 
  • add this feed to my.Alltop

    Oilintel.com - Oil Industry News, Jan 28, 2012 6:42 AM

  • NYMEX Oil Complex Soars on Iran, Manufacturing Data

    3 Jan 2012 | 10:58 am
    January 3, 2012 10:58 AM ET The February NYMEX crude, RBOB gasoline and heating oil contracts are sharply higher at midday. We are attributing the rally to ongoing and likely increased tensions between the West and Iran over its nuclear ambitions. ... [More]

  • NYMEX Oil Complex Higher on Iranian tensions, Economic Reports

    3 Jan 2012 | 7:56 am
    January 3, 2012 7:56 AM ET The February NYMEX crude and RBOB gasoline and heating oil contracts are all currently called to open well above Friday's settles. We are attributing the higher opening to increased tensions between the West and Iran over ... [More]

  • OPEC Basket Price for December 30 up $0.09 at $106.84

    3 Jan 2012 | 6:28 am
    January 3, 2012 6:28 AM ET The price of the OPEC basket of thirteen crudes stood at $106.84 per barrel on Friday, up $0.09 from Thursday, December 29, according to OPEC Secretariat calculations. The basket of OPEC crude grades is made up of the foll... [More]

  • NYMEX Crude Down, Products up on Expiration Balancing

    30 Dec 2011 | 2:54 pm
    December 30, 2011 2:54 PM ET The February NYMEX crude contract ended the day below yesterday's settle while the January RBOB gasoline and heating oil contracts, both expired today and ended higher. With little market moving news to move prices we a... [More]

  • NYMEX Oil Complex Lower; Contract Expiration, Year End Balancing Cited

    30 Dec 2011 | 8:04 am
    December 30, 2011 8:04 AM ET The February NYMEX crude contract and the January RBOB gasoline and heating oil contracts are all currently called to open below Thursday's settles. We believe the expected lower opening is due to some exiting from Janua... [More]
  • add this feed to my.Alltop

    OPEC NEWS - Google News

  • 'OPEC obliged to ceiling despite Iran oil embargo' - Tehran Times

    27 Jan 2012 | 10:13 am
    Latin American Herald Tribune'OPEC obliged to ceiling despite Iran oil embargo'Tehran TimesThe Organization of Petroleum Exporting Countries will keep output ceiling unchanged despite the EU oil embargo on Iran, the Iranian OPEC governor Mohammad-Ali Khatibi said, the Pana news agency reported. Khatibi added that the probable effects of Venezuela Expects OPEC to Discuss Iran SituationLatin American Herald Tribuneall 3 news articles »

  • President Obama Energy Plan Incorporates Key Elements of The Pickens Plan - Sacramento Bee

    26 Jan 2012 | 4:39 pm
    President Obama Energy Plan Incorporates Key Elements of The Pickens PlanSacramento BeeThe energy initiatives outlined by the President include incentives to move America's heavy duty and fleet vehicles to domestic natural gas as a transportation fuel, away from OPEC oil/diesel/gasoline, which Pickens has called a grave threat to and more »

  • OPEC to Boost Exports as Winter Demand Peaks, Oil Movements Says - Bloomberg

    26 Jan 2012 | 10:45 am
    OPEC to Boost Exports as Winter Demand Peaks, Oil Movements SaysBloombergOPEC will increase shipments through the middle of February as winter demand in the northern hemisphere reaches its peak, according to tanker-tracker Oil Movements. The Organization of Petroleum Exporting Countries will ship 23.51 million barrels a day King Abdullah, Why Isn't the OPEC Cabal Responding?Huffington PostThe End of Elastic OilForbesall 5 news articles »

  • Iran MP: OPEC must sanction Saudi Arabia - Trend.az

    26 Jan 2012 | 2:59 am
    Globe and MailIran MP: OPEC must sanction Saudi ArabiaTrend.azSaudi Arabia's declaration that it will satisfy Europe's oil needs if Iran's oil is embargoed is against its OPEC obligations, the Jahane Sanat website reported a member of Iran's parliament as saying. The Organisation of Petroleum Exporting Countries Will Iran Sanctions Impact Global Oil Market?International Business TimesIran Mulls Pre-empting EU Oil EmbargoWall Street JournalIran Lawmaker Against Saudi Output Hike VowFox BusinessReuters -Tehran Times -AdvisorOneall 3,476 news articles »

  • IEA Sees 2035 Crude at $247 Barrel, Almost Twice OPEC's Forecast - Bloomberg

    24 Jan 2012 | 9:56 am
    Trend.azIEA Sees 2035 Crude at $247 Barrel, Almost Twice OPEC's ForecastBloombergOPEC, supplier of 40 percent of the world's oil, said in the joint statement it expects prices to be much lower, based on “the behavior of marginal costs, the impact of dollar exchange-rate movements on recent prices and potential future developments, 'Uncertainties' affecting energy trade analyzedArab NewsIEA, IEF, OPEC discuss oil market uncertaintiesTrend.azEU debt crisis a factor on oil pricesUPI.comall 23 news articles »
 
  • add this feed to my.Alltop

    OIL DRILLING NEWS - Google News

  • A Texan's Take on Cuba's Oil Drilling - Havana Times

    28 Jan 2012 | 5:53 am
    A Texan's Take on Cuba's Oil DrillingHavana TimesHAVANA TIMES, Jan 28 — The behemoth oil platform came into view from the Havana shoreline last week and I'm still trying to figure out what Cubans feel about its arrival. The last oil drilling platform to make news here was during the British The Oil Off Cuba: Washington and Havana Dance at Arms Length Over Spill PreventionTIMEall 4 news articles »

  • Oil exploration destroying environment - Independent.co.ug

    28 Jan 2012 | 1:47 am
    Oil exploration destroying environmentIndependent.co.ug“It has become very hot ever since oil exploration activities started here,” Irumba says pointing towards Ngassa II, an oil well located a stone throw away from his home. The well holds over 300 million barrels of oil in Lake Albert , part of the and more »

  • Residents voice opinions on MDA's proposed oil-drilling regulations - SunHerald.com

    27 Jan 2012 | 11:11 pm
    SunHerald.comResidents voice opinions on MDA's proposed oil-drilling regulationsSunHerald.comBy NICOLE DOW - ndow@sunherald.com GAUTIER -- Prior to finalizing regulations for surveying and drilling for gas and oil in state waters, the Mississippi Development Authority held a meeting in Gautier on Friday at which Coast residents could gather Drilling in state waters could soon be a realityWLOXall 2 news articles »

  • Why Obama's offshore drilling plan may upset both sides of the aisle - Alaska Dispatch

    27 Jan 2012 | 6:50 pm
    Alaska DispatchWhy Obama's offshore drilling plan may upset both sides of the aisleAlaska DispatchPresident Obama Thursday followed up on his State of the Union promise to expand deep-ocean oil drilling and exploration on the nation's outer continental shelf by unveiling a big oil lease sale in the Gulf of Mexico. The move marks yet another step BP emails reveal company veiling spill rateFox Newsall 211 news articles »

  • Canacol Gains on Colombian Oil Drilling Results: Calgary Mover - BusinessWeek

    27 Jan 2012 | 5:02 pm
    Canacol Gains on Colombian Oil Drilling Results: Calgary MoverBusinessWeek27 (Bloomberg) -- Canacol Energy Ltd., the Canadian company drilling for oil in Colombia with Ecopetrol SA, rose the most in more than two weeks after reporting “good” results from a well in the Ubaque reservoir. The shares gained 3.5 percent to 90 Canacol Energy Ltd. Provides Development Drilling UpdateMarketwire (press release)all 12 news articles »
  • add this feed to my.Alltop

    OFFSHORE DRILLING NEWS - Google News

  • Why Obama's offshore drilling plan may upset both sides of the aisle - Alaska Dispatch

    27 Jan 2012 | 6:50 pm
    Alaska DispatchWhy Obama's offshore drilling plan may upset both sides of the aisleAlaska DispatchThey call for the president to return to the offshore drilling plan he endorsed just months before the Gulf oil spill, which would open new waters off Virginia, North and South Carolina, and Florida to drilling. Environmentalists criticize the Offshore Drilling Plans Endanger Arctic Ocean, Gulf CoastNatural Resources Defense Council (blog)BP emails reveal company veiling spill rateFox Newsall 211 news articles »

  • Environmentalists speak out against Obama's plan for offshore drilling - Florida Independent

    27 Jan 2012 | 3:57 pm
    Washington TimesEnvironmentalists speak out against Obama's plan for offshore drillingFlorida IndependentBy Virginia Chamlee | 01.27.12 | 4:52 pm The US Department of the Interior announced yesterday morning that it will begin selling leases to allow offshore oil drilling in 38 million acres in the central Gulf of Mexico. Environmental groups say the move Off Shore Drilling In The Gulf of MexicoTalk Radio News ServiceObama's offshore drilling pledge re-states existing planThe Hill (blog)Republicans accuse Obama of sham drilling announcementWashington TimesReuters -CBS…

  • Offshore Drilling Personnel - Upstream Online

    27 Jan 2012 | 11:32 am
    Offshore Drilling PersonnelUpstream OnlineWhether it's managing entire upstream projects or delivering a single specialist service, AGR has the best solution to the challenge in hand. Dual Gradient Drilling for deepwater offshore drilling is coming to the Gulf of Mexico.

  • Cuba's offshore oil drilling platform under intense scrutiny - Bellingham Herald

    27 Jan 2012 | 6:42 am
    Sun-SentinelCuba's offshore oil drilling platform under intense scrutinyBellingham HeraldRear Adm. Bill Baumgartner, commander of the 7th Coast Guard district, said the Coast Guard has been planning for well over a year how it would handle any impact from drilling in Cuba and the Bahamas, which also may start offshore oil exploration this U.S. to Lose Out Yet Again on Developing Cuba's Offshore Oil?OilPrice.comOil drilling set to begin off CubaSun-Sentinelall 8 news articles »

  • Congress gears up for transportation battle; Boxer opposes offshore drilling - 89.3 KPCC

    26 Jan 2012 | 5:58 pm
    89.3 KPCCCongress gears up for transportation battle; Boxer opposes offshore drilling89.3 KPCCCalifornia Democrat Barbara Boxer, who heads the Senate Environment and Public Works Committee, says there are tens of millions of acres already approved for drilling — but if that means drilling off the California coast, forget it.House Readies Highway BillTruckinginfoall 21 news articles »
  • add this feed to my.Alltop

    Peak Oil News and Message Boards

  • Canadian Retail Gas Pricing 101

    admin
    27 Jan 2012 | 7:11 pm
    (Or “Talk To Me About Gas Retail Pricing—Like I’m in Grade Four”) Last year back in April-May, when I visited family and friends in Hamilton, Ontario, regular gas was being retailed at the $1.37 to $1.45 per litre range. You could literally hear groans from motorists each morning as they saw the daily updated pricing posted at refuelling stations. During my three-week stay the upward trend was a sustained phenomenon.  Some close friends — upon learning I worked for the oil and gas industry (sort of, that is) and being based in Alberta — bombarded me with questions about gasoline…

  • Another Terrifying Drought Paper

    admin
    27 Jan 2012 | 7:08 pm
    The conviction has been growing in me for quite some time that the really big deal about global warming is increasing frequency and severity of droughts.  If I’ve succeeded in convincing you of this too (or you already believed it for other reasons of your own), then you will be interested in a new paper by Wehner et al (a group of scientists at NOAA and US national labs) titled Projections of Future Drought in the Continental United States and Mexico. The full paper doesn’t seem to be freely available on the Internet but  there’s a press release and also conference…

  • John Michael Greer: The Myth of the Machine

    admin
    27 Jan 2012 | 7:07 pm
    The strategy discussed in last week’s post—that of walking away from energy-intensive lifestyles before the waning of the age of abundant energy brings them grinding to a halt—is a viable response to the crisis of our age, but it’s also a great way to poke a stick at some of the most deeply entrenched of the modern world’s dysfunctional habits of thinking. Suggest it in public, for example, and you’ll very quickly learn why all that talk about saving the planet has turned out to be empty air: everyone’s quite willing to watch someone else make sacrifices for the good of the…

  • Oil prices, exhaustible resources, and economic growth

    admin
    27 Jan 2012 | 7:06 pm
    Abstract This chapter explores details behind the phenomenal increase in global crude oil production over the last century and a half and the implications if that trend should be reversed. I document that a key feature of the growth in production has been exploitation of new geographic areas rather than application of better technology to existing sources, and suggest that the end of that era could come soon. The economic dislocations that historically followed temporary oil supply disruptions are reviewed, and the possible implications of that experience for what the transition era could…

  • ITER Fusion Project Funded in 2012

    admin
    27 Jan 2012 | 4:34 pm
    Following the 13 December 2011 agreement between the two branches of the budgetary authority (Council and Parliament), the Commission has adopted a draft amending budget to meet part of this year’s financial needs for the ITER project (€ 650 million) without asking Member States for additional contributions. The break down of the extra €1.3 billion needed for ITER in 2012 and 2013 is as follows: € 100 million included in the 2012 budget; € 840 million covered through an increase in the part of the budget dedicated to Competitiveness for Growth and Employment (from which ITER is…
 
  • add this feed to my.Alltop

    oil « WordPress.com Tag Feed

  • Recycling Your Prescription Medication

    recyclerfinder
    27 Jan 2012 | 12:00 am
    I'll recycle your pills right here! As environmentally conscious consumers look to reduce waste, those little plastic bottles for prescription medication can present a problem. People who have a couple of regular prescriptions can soon find themselves with an expanding pile of pill bottles and no idea what to do with them.The simplest idea is to ask the pharmacist to reuse the old bottle for a refill of the same medication. If the pharmacy is unwilling, the next step is to check with the local curbside or municipal recycler. Pill bottles are usually marked No. 5, and not all recycling…

  • Iranophobia: 'Why Negotiate When West Can Cash In on Crisis?'

    mosesman
    26 Jan 2012 | 11:17 pm

  • China Slams New EU Sanctions on Iran's Oil, Calling it 'Blind Pressure'!

    mosesman
    26 Jan 2012 | 11:15 pm

  • Bob Chapman: Gold & Silver Will Continue To Rally! Police State America!

    mosesman
    26 Jan 2012 | 10:11 pm

  • Iran's oil, Europe's oil imports, many threats, upward prices

    makanaka
    26 Jan 2012 | 9:58 pm
    Iranian President Ahmadinejad punches the air in front of a banner of Iran's Supreme Leader Ali Khamenei during rally to mark the anniversary of Islamic Revolution in Tehran. With its threat to block the Strait of Hormuz, Iran is responding to the United States' decision to impose sanctions on financial institutions that deal with Iran's central bank. Photo: Der Spiegel / Reuters The concern about the multi-bloc confrontation with Iran (the Islamic Republic of, to use the official name) has continued from December 2011 into January 2012. Oil prices and petroleum products…
  • add this feed to my.Alltop

    Heating Customers Speak Out

  • Heating Oil Prices And Their Radical Fluctuations | Classics Car Club

    John
    18 Jan 2012 | 10:37 pm
    Via Scoop.it – HomeHeatingOilPrices.comFor a common man securing enough heating oil can be a very financially hitting job to do as specially during winters when the demand of heating oil is high the home heating oil prices take a steep growth that can turn up to …Via www.classicscarclub.com No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

  • Fossil fuels will dominate for decades, BP says – Houston Chronicle

    John
    18 Jan 2012 | 10:15 pm
    Via Scoop.it – HomeHeatingOilPrices.com FuelFixFossil fuels will dominate for decades, BP saysHouston Chronicle”Past assumptions of oil and gas scarcity that went into business strategic plans, government policies and public attitudes are out of date,” Mulva said, speaking at a summit…Via www.chron.com No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

  • The Standard | Oil marketers fault ERC over fuel price forecast

    John
    18 Jan 2012 | 9:43 pm
    Via Scoop.it – home heating The announcement by the Energy Regulatory Commission (ERC) earlier this week that it intended to reduce fuel prices has been faulted. Who are these guys kidding? I check the www.Homeheatingoilprices.com site and it’s all about who can make the most money Via www.standardmedia.co.ke No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

  • A new Wedge Pillow: The actual Acid reflux disorder Do-it-yourself solution – Business Boost Directory

    John
    18 Jan 2012 | 9:35 pm
    Via Scoop.it – acid reflux Several heartburn or acid reflux disorder endures do not understand that a wedge pillow can easily considerably minimize their acid reflux during sleep.Via www.boostdirectory.com Related posts: Coping with reflux – Malaysia Star Via Scoop.it – acid refluxCoping with refluxMalaysia StarDiagnostic tool helps... Related posts brought to you by Yet Another Related Posts Plugin.

  • Coping with reflux – Malaysia Star

    John
    18 Jan 2012 | 9:34 pm
    Via Scoop.it – acid refluxCoping with refluxMalaysia StarDiagnostic tool helps doctors and patients determine level of severity of acid reflux disease and assess response to the treatment. People all over the world suffer from thisVia thestar.com.my No related posts. Related posts brought to you by Yet Another Related Posts Plugin.
 
  • add this feed to my.Alltop

    OilPrice.com Daily News Update

  • The Global Hunt For Oil: Canadian Firm Drills First Exploration Well in Somalia

    27 Jan 2012 | 6:01 pm
    Energy companies are renowned for taking risks as they scour the globe for new opportunities.That said however, Canada’s Vancouver, BC-based Horn Petroleum Corporation, a unit of Africa Oil Inc., is in a class by itself, having begun drilling operations in Somalia’s semi-autonomous northern Puntland state.Somalia?Which has not had an effective government since 1991?Land of “Black Hawk Down,” pirates, battling militias, al Shabaab militants and U.S. drone strikes against…Read more...

  • Iran to take Action Against the West by Banning Oil Exports to the EU?

    27 Jan 2012 | 5:51 pm
    Following the recent agreement by the EU to impose trade sanctions against Iran the Iranian parliament will debate a law that could halt all oil exports to the continent. "On Sunday, parliament will have to approve a 'double emergency' bill calling for a halt in the export of Iranian oil to Europe starting next week," Hossein Ibrahimi, vice-chairman of parliament's national security and foreign policy committee, was quoted as saying. The EU accounted for 18 per cent of Iranian crude oil sales in the first half of 2011,…Read more...

  • Transmission Line Under the Mediterranean to Supply Italy with Clean Power

    27 Jan 2012 | 5:48 pm
    It seems that more and more large, renewable energy projects are being announced each day. The most recent is a giant solar power plant that will be built by Top Oilfield Services, a Tunisian oil and gas engineering company, and Nur Energie, a British solar firm. The project, called TuNur, will consist of a two gigawatt concentrated solar power (CSP) park. CSP works by thousands of heliostatic mirrors focussing the sun’s rays onto a central tower filled with fluid that then heats up and drives the turbines.  The plant will…Read more...

  • Greece - Between Iran and a Hard Place

    27 Jan 2012 | 12:58 pm
    Well, its official – on 23 January European Union foreign ministers agreed to ban the import of Iranian oil as part of sanctions designed to pressure Iran to end its alleged covert pursuit of nuclear weapons under the guise of its civilian nuclear uranium enrichment program. Measures approved by Brussels Eurocrats include an immediate ban on the signing of new supply contracts for Iranian crude oil and petroleum products for EU refineries, with existing contracts being scheduled for phasing out by 1 July. The EU currently buys around…Read more...

  • Fed Says Market Rally is BS

    27 Jan 2012 | 9:12 am
    Well, they didn’t really say that, but they could have, and perhaps should have, and the bond market wholeheartedly agrees with them. That is my takeaway from the Fed minutes released yesterday indicating that the Federal Reserve intends to extend its hyper accommodative policies for at least another 6-9 months to “late 2012.” It also lowered its long term economic growth forecast from 2.5%-2.9% down to 2.2%-2.7%, a major downshift from the 3% plus it was predicting a year ago. That also brings them nicely to my own estimate…Read more...
  • add this feed to my.Alltop

    Palm Oil HQ Daily Update

  • Crude Palm Oil Rises Slightly; Weak Demand Limits Upside

    Palm Oil HQ
    27 Jan 2012 | 4:44 am
    Crude palm oil futures on Malaysia’s derivatives exchange ended just higher Friday due to speculative buying, but a weak demand outlook limited the upside. The benchmark April contract on the Bursa Malaysia Derivatives exchange ended 0.1% higher at MYR3,135 a metric ton after moving in a range of MYR3,123-MYR3,146/ton. Palm oil is headed for a [...]

  • Crude Palm Oil Ends Up On South America Crop Worries

    Palm Oil HQ
    25 Jan 2012 | 5:24 am
    Crude palm oil futures on Malaysia’s derivatives exchange ended up Wednesday in holiday-thinned trade amid continued worries about South America’s soybean crop. However, gains were capped by concerns that Greece could head toward a disorderly default as debt restructuring talks continue with no sign of a resolution. The benchmark April contract on the Bursa Malaysia [...]

  • Crude Palm Oil Rises On Pre-Holiday Short-Covering

    Palm Oil HQ
    20 Jan 2012 | 4:49 am
    Crude palm oil futures on Malaysia’s derivatives exchange ended higher Friday in thin trade as market participants shrugged off weak export demand and focused on gains in regional equities, covering short positions ahead of the Lunar New Year holiday. The benchmark April contract on Bursa Malaysia Derivatives ended up 0.3% at MYR3,165 a metric ton [...]

  • Crude Palm Oil Falls Due To Bearish Export Outlook

    Palm Oil HQ
    19 Jan 2012 | 5:02 am
    Crude palm oil futures on Malaysia’s derivatives exchange ended lower Thursday due to projections that export demand has slowed, raising prospects of higher stock levels at the end of January. Estimates of declining shipments of palm oil from Malaysia in January offset reports that the International Monetary Fund planned to boost its lending resources to [...]

  • Crude Palm Oil Ends Higher On South America Weather

    Palm Oil HQ
    18 Jan 2012 | 5:11 am
    Crude palm oil futures on Malaysia’s derivatives exchange surged higher in the last 10 minutes of trade Wednesday as investors shrugged off lingering worries over the euro-zone debt crisis and focused on bad weather in major soybean-producing countries in South America. The benchmark April contract on the Bursa Malaysia Derivatives exchange ended 0.5% higher at [...]
  • add this feed to my.Alltop

    This Just In

  • Etta James funeral set for Saturday

    chelseacnn
    28 Jan 2012 | 12:27 am
    (CNN) - The funeral for Etta James, the legendary singer whose earthy vocals bridged genres from blues to rock, was set for Saturday at a Southern California cemetery, the family said. The Rev. Al Sharpton was to preside over the private service for family and friends at Greater Bethany Community Church City of Refuge in Gardena. Fans got the opportunity Friday to bid farewell to James during a public viewing at the Inglewood Cemetery Mortuary. Hundreds of people waited for hours to sign registers and attend the viewing for James, who died last Friday at the age of 73 from complications due…

  • Sandusky asks judge to let him visit with his grandchildren

    chelseacnn
    28 Jan 2012 | 12:24 am
    (CNN) - Despite being accused of child sex abuse, Jerry Sandusky is asking a judge to modify the terms of his bail so he can see his grandchildren, according to court documents. Sandusky, a former Penn State assistant football coach, was charged in November with sexually abusing young boys over a 14-year period. Prosecutors contend he met many of the boys through his charity, The Second Mile. Sandusky, who has pleaded innocent, was released on a $100,000 bail in November and barred by a Pennsylvania judge from having unsupervised visits with his grandchildren. The judge also prohibited the…

  • Overheard on CNN.com: 10 ways to rethink money's role in politics

    nsaidi
    27 Jan 2012 | 9:20 pm
    Editor's note: This post is part of the Overheard on CNN.com series, a regular feature that examines interesting comments and thought-provoking conversations posted by the community. BlackDynamite: "You'll never get money out of politics. Political power is about as pure as Lindsay Lohan's sheets. What's important is the integrity of the voting process. Keeping things like the Florida Presidential election scandal of 2000 from happening, and avoiding computerized voting, which are far easier to compromise." We asked people to share their thoughts on money in…

  • Chad Ochocinco looking forward to first Super Bowl

    1971kdorsett
    27 Jan 2012 | 8:51 pm
    It has taken 11 years, but Chad Ochocinco, or Johnson for you old-schoolers, is finally going to the big dance, as he calls it. The only question remaining is will he actually play when his New England Patriots meet the New York Giants in Super Bowl XLVI. Tight ends Rob Gronkowski and Aaron Hernandez and wide receiver Wes Welker were the primary ball catchers in the Patriots' offense this season. That trend continued during New England's two playoff wins. In his one and only pre-Super Bowl interview, Ochocinco opens up on how difficult his first season in New England was, whether he…

  • 'Barefoot Bandit' gets 6.5 years on federal charges

    jasonhanna
    27 Jan 2012 | 3:07 pm
    A judge in Washington state has sentenced Colton Harris-Moore, whom authorities dubbed the Barefoot Bandit, to six and a half years in prison on federal charges of stealing an airplane, piloting it without a license, burglarizing a bank and possessing a firearm as a fugitive. The federal sentence will run concurrently with his state imprisonment of seven years and three months, the judge ruled. Harris-Moore gained notoriety – including 50,000 Facebook fans and a movie deal – for leading authorities on a two-year manhunt while eluding capture in stolen boats, cars and planes, often…
 
  • add this feed to my.Alltop

    Energy, Markets and Money

  • Ideas for 2012: Look out, Helter Skelter!

    7 Jan 2012 | 4:12 am
    (Published in Cotizalia on 24th December 2011)First of all, i wish you all a fantastic 2012, full of peace.Like every year, I venture to give you my ideas for the year that is approaching.My bet for 2012 is a combination of corporate bonds, anti-recession stocks  ​​and a very neutral strategy in commodities, covering with short positions in semi-state-owned companies and indexes in France, China and Brazil.All my bets are relative, ie I do not expect the stock market to rise, in fact I see a fall potential of almost 20% in the Eurostoxx , so I expect a neutral…

  • Is CO2 dead?. Down 47% YTD, and Durban will do nothing for it

    9 Dec 2011 | 1:08 pm
    It's the end of CO2 as we know it. And we said it here months ago. It was a fake commodity and a manipulated one by the way. The EU accounts for 16% of the CO2 emissions of the world but bears 100% of the cost. By manipulating demand and supply the EU forced up prices to €30/mt, and the scheme seemed to work nicely until the rules of demand and supply deflated the artificially created price. Of course the beginning was to assume an industrial and power demand growth that was wildly optimistic, but the most important part was that the EU issued emission permits and carbon-offsetting credits…

  • OPEC Meeting Ahead: Concerns About Oversupply?

    2 Dec 2011 | 9:50 am
    (December 2nd 2011)The December OPEC meeting in Vienna is coming and the picture of the oil market is mixed at best:1) China PMI below 50 for the first time since Feb 2009. Global manufacturing PMIs remain weak as the table below shows, particularly in Europe. 2) Bearish US DOE weekly with high inventory build and very low implied demand. The EIA’s monthly revised oil demand numbers for September came in at 18.8m bpd, which was down from 19.05m bpd. It was also down 0.7m bpd y-o-y.3) OPEC production in November: came in at 30.35m bpd, up 390,000 bpd from October, according to Bloomberg. The…

  • Eurobonds? No, Thanks. Debt Isn't Solved With More Debt

    27 Nov 2011 | 10:52 am
    (Published in Cotizalia on Nov 26th 2011)The image of Merkel as an evil monster because she rejects Eurobonds increases by the hour.The collapse ofthe Eurostoxx and the markets in general, shows why. Investors have positioned themselves long in risky assets waiting for a rally that is not justified by fundamentals, after the poor results of the third quarter, or by macroeconomic expectations, with three banks slashing global GDP estimates again.In this environment, why are 65% of investors overweight in European equities in their portfolios? Easy. Waiting for a shot of adrenalin, a glass of…

  • The Market Doesn't Attack, It Defends Itself. Spain, Short Positions And The Lost Decade

    25 Nov 2011 | 10:03 am
    Here is a link to my analysis of the Spanish elections on CNBC http://video.cnbc.com/gallery/?video=3000058799(The following article was published in Cotizalia on November 19th)If there is a chilling fact of this past week is the result of last week's Spanish Treasury auction. There was no institutional demand. The market is scared seeing again how on Tuesday the government revised downwards the expectations of GDP growth for 2011, no less than about 40% less from +1.3% to +0.8%. € 180 million less of GDP every time they revise it, and there have been six times, while expenditures are…
 
Log in