Marathon Oil and its partners, ConocoPhillips and Sweden's Lundin Petroleum, made a "small oil discovery" at the Viper site i -More-
Oil
- Smartbrief: American Petroleum Institute
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Marathon announces oil find at North Sea prospect
19 Nov 2009 | 10:00 pm -
ConocoPhillips, BP to cut 2010 investments in Alaska
19 Nov 2009 | 10:00 pmLondon-based BP unveiled plans to cut its 2010 capital spending for Alaska by 15%, saying that the state's new tax system dri -More- -
API RP 752 and 753: Facility Siting Regulations and Compliance, April 12, Houston
19 Nov 2009 | 10:00 pmThis course is a management-level overview and addresses the regulatory requirements for facility siting, a review of API RP -More- -
Hayward: U.S. gasoline consumption peaked in 2007
19 Nov 2009 | 10:00 pmBP CEO Tony Hayward said Thursday that the petroleum industry will never sell more gasoline than it did in 2007, when demand -More- -
Obama should go to Copenhagen climate discussions, Sen. Kerry says
19 Nov 2009 | 10:00 pmSen. -More-
- The Oil Drum - Discussions about Energy and Our Future
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How Relocalization Worked
22 Nov 2009 | 7:59 amBelow the fold is a guest essay by John Michael Greer, author of The Long Descent, a book I have read and recommend. The post examines the importance and viability of relocalization from a historical perspective. How Relocalization Worked by John Michael Greer (Original can be found here.) One of the points that I’ve tried to make repeatedly in these essays is the place of history as a guide to what works. It’s a point that deserves repetition. A good many worldsaving plans now in circulation, however new the rhetoric that surrounds them, simply rehash proposals that were tried in the… -
Making holes and cracks around oil and gas wells
22 Nov 2009 | 7:09 amThis is a continuation of the tech talks, discussing technical topics, that I write on Sundays. For the past few weeks I have been writing about some of the techniques used in producing the gas from shales, and that will likely continue for another week or two. Because of the need to condense the topic into a relatively short post I would ask those familiar with the topics to understand that I have had to shorten the description and gloss over some details in order to keep the main theme clear. But further comments to help readers understand the techniques better (or questions when it isn't)… -
Drumbeat: November 22, 2009
22 Nov 2009 | 6:47 amFinancial Sense Newshour interviews Matthew Simmons Part 1: Matthew R. Simmons Chairman Simmons & Company International Topic: The Future of Energy Kenneth J. Gerbino Chairman Titan Oil Recovery Inc Topic: Current Condition of the Energy Markets Glenn Labhart Chair, Energy Oversight Committee Global Association of Risk Professionals (GARP) Topic: Energy Risk Professional: Understanding the Energy Markets The dawn of the Third Industrial Revolution "The most hated man in science" said that it may be too late to save civilization. Civilization is on the cusp of the Third Industrial Revolution… -
Information and Crude Complexity
21 Nov 2009 | 6:16 amThis is a guest post by WebHubbleTelescope. Abstract (please read this as a set of squished-together PowerPoint bullet points): People become afraid when you mention theory. Everyone talks about entropy without actually understanding it. Simplicity can come out of complexity. "Knowledge" remains a slippery thing. We think that science flows linearly as previous knowledge get displaced with new knowledge. Peak oil lies in this transition much like plate tectonics at one time existed outside of the core knowledge. We define knowledge by whatever the scientific community currently believes. -
Drumbeat: November 21, 2009
21 Nov 2009 | 5:23 amOil's expanding frontiers In 1914, the Bureau of Mines said U.S. oil reserves would be exhausted by 1924. In 1939, the Interior Department said the world had 13 years worth of petroleum reserves. Then a global war was fought and the postwar boom was fueled, and in 1951 Interior reported that the world had ... 13 years of reserves. In 1970, the world's proven oil reserves were an estimated 612 billion barrels. By 2006, more than 767 billion barrels had been pumped and proven reserves were 1.2 trillion barrels. In 1977, Scold in Chief Jimmy Carter predicted that mankind "could use up all the…
- Forbes.com: Energy News
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Daimler's Curious Love Affair With Tesla Motors
19 Nov 2009 | 11:21 amThe mighty Daimler is falling for tiny Tesla's battery technology. -
The Preferred Play On FPL
19 Nov 2009 | 8:00 amIf you think that FPL is a good stock to own down the road, get paid while you wait to own it. -
Slimmer Devon Could Set Exxon Salivating
16 Nov 2009 | 12:07 pmWith the business environment worsening overseas, U.S.-focused Devon could be a tasty prize for the energy giant. -
China's Energy Priorities
16 Nov 2009 | 8:39 amConsiderable investment is being pledged to renewable energy projects. -
How Carbon Bill Would Hit Valero Energy
5 Nov 2009 | 3:00 pmValero Energy's Bill Klesse says a carbon permit system will hasten the demise of America's oil refiners. It sure won't help any.
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CNPC signs new agreements with Sudan
20 Nov 2009 | 3:00 pmNovember 20,2009 --China National Petroleum Corp., apparently shrugging off environmentalists’ concerns, has signed three oil and gas cooperation agreements with the government of Sudan..... -
Senate committee members trade barbs at OCS technology hearing
20 Nov 2009 | 2:45 pmNovember 20,2009 -
Mexico eyes risk contracts to offset Cantarell downturn
20 Nov 2009 | 2:05 pmNovember 20,2009 --Mexico’s state-owned Petroleos Mexicanos and the Secretaria de Energia (Sener) are preparing risk contracts that will be offered to oil companies—international and domestic—in order accelerate the search for oil and gas, accor....... -
US rigs increase for fifth week
20 Nov 2009 | 1:50 pmNovember 20,2009 --US drilling activity increased for the fifth consecutive week, up by 12 rotary rigs to 1,113 working but still well below the 1,941 units drilling during the comparable week a year ago, Baker Hughes Inc. reported..... -
Affordable energy isn’t only target of climate politics
20 Nov 2009 | 1:30 pmNovember 20,2009 --More will be needed if changes in human activity are to influence climate measurably. Recent events show what might be in store.....
- Oil Prices and Oil News @ Oil Marketer
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Crude prices fall on dollar, equities
19 Nov 2009 | 12:39 pmCrude oil prices fell Thursday as the US dollar strengthened and on declines in global equities markets. December contracts for West Texas Intermediate crude were down $2.12 to $77.46 per barrel on the New York Mercantile Exchange while, with December contracts expiring at the end of floor trade on Friday, January WTI contracts dropped $2.05 to [...] -
EIA: Crude, gasoline, distillates inventories all lower last week
18 Nov 2009 | 11:05 amCrude oil prices were lower in early afternoon trade in New York after the US Energy Information Administration reported that US inventories of crude oil, gasoline and distillates all dropped last week. At around 1:30 p.m. in New York, December contracts for West Texas Intermediate crude were down 38 cents to $78.76 per barrel on the [...] -
Crude in slight gains on dollar, data
17 Nov 2009 | 12:44 pmCrude oil prices were up slightly Tuesday, held back by a stronger US dollar and questions about demand growth raised by new economic data from the United States. December contracts for West Texas Intermediate crude were up 24 cents to $79.14 per barrel on the New York Mercantile Exchange, while at last report December Brent crude [...] -
Crude oil prices gain over $2 in New York, London
16 Nov 2009 | 12:30 pmThe price of crude oil was higher Monday as the US dollar weakened and equities markets saw gains, and after comments from officials of member nations of the Organization of Petroleum Exporting Countries said that production quotas will probably remain steady. December contracts for West Texas Intermediate crude added $2.55 to $78.90 per barrel on the [...] -
EIA: Oil, gasoline, distillates stockpiles all up last week
12 Nov 2009 | 10:35 amCrude oil prices were lower Thursday after the US Energy Information Administration released its latest report on US stockpiles, which showed that inventories of crude oil, gasoline and distillates all rose last week. The EIA said that crude oil stockpiles added 1.8 million barrels in the week ending 6 November, against an expected gain of a [...]
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ODAC Newsletter - Nov 20
20 Nov 2009 | 1:51 amOil prices fluctuated in the high $70’s this week reflecting the ups and downs of the dollar. Higher oil prices are loosening the discipline around the implementation of OPEC oil quotas as producers cash in... read more -
Ireland and Kentucky: Contrasting Biofuel and Energy Plans
19 Nov 2009 | 8:48 amIreland and Kentucky have a surprising amount in common, but they’re charting very different courses for their energy future. Ireland is a moderate energy consumer with a plan to reduce its energy use. Kentucky is a profligate energy user planning to increase its consumption. Biofuels play a big part in the energy plans for both, but will likely have different impacts. read more -
Staking Out the Middle Ground
19 Nov 2009 | 8:38 amIn my view, the Uppsala study is unduly pessimistic, implying an immediate crisis (in 2010 and thereafter) which is not in accord with reasonable expectations about future production levels both within OPEC and outside the cartel. In alerting the public to the peak oil issue, the Guardian is doing good work. But not knowing any bettter, they picked the wrong study in my view. The false choice the Guardian offers us, the IEA or Uppsala, amounts to a kind of all or nothing proposition. read more -
Peak oil notes - Nov 19
19 Nov 2009 | 1:58 amA weekly review including: - Production and prices - Cambridge Energy’s new report read more -
Review: The Ecotechnic Future by John Michael Greer
18 Nov 2009 | 9:53 pmJohn Michael Greer has officially established himself as an institution within the peak oil community. Truly one of the finest minds working on the predicament of modern-day industrial civilization, he is so well-read in so many fields that he regularly gains access to insights that utterly elude his contemporaries. For this he is treasured by a growing number of loyal readers—and, I suspect, hated by equally many fellow bloggers who wish that they could be half as good. read more
- Rigzone.com: Latest News Headlines
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Analysis: Offshore BOP Companies Play It Safe
19 Nov 2009 | 4:00 pmAccording to the RigLogix team, Cameron leads the pack of BOP companies with approximately 422 BOPs working on offshore rigs. -
EXCO Resources Declares Fourth Quarter Dividend
19 Nov 2009 | 4:00 pmEXCO Resources' Board of Directors declared a fourth quarter cash dividend of $0.025 per share payable on December 15, 2009 to holders of record on November 30, 2009. -
Scorpion Offshore Posts Financial Results for 1st Quarter 2010
19 Nov 2009 | 4:00 pmScorpion Offshore's revenues for the first quarter 2010 totaled $107.9 million, including $4.9 million mobilization revenue and $3.8 million revenue booked as a reversal of a credit memo issued last quarter. -
Brinx, Partners Spy Additional Hydrocarbon Shows at OK Project
19 Nov 2009 | 4:00 pmBrinx Resources reports that the second well from the 09-2 Oklahoma Project drill program appears to be another new discovery well. -
Oilex Spuds First Well in Timor Sea Drilling Program
19 Nov 2009 | 4:00 pmThe Lore-1 well, the first well of a 2 well program in the Timor Sea contract area JPDA 06-103, was spudded on November 20, 2009.
- OIL NEWS - Google Blog Search
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The Angry Arab News Service » Oil Sleaze
22 Nov 2009 | 6:18 amOil Sleaze. ""My biggest one-off job was with three Arab businessmen at the Emirates Palace Hotel in Abu Dhabi," she said. "It's a seven-star hotel and everything is decked out in gold leaf. They paid me £20000 for one night with all of ... -
Shoemakers reeling from mustard-oil law | Latest News | The Manila ...
22 Nov 2009 | 4:10 amTROPICAL storm 'Ondoy' devastated much of the famous shoemaking industry in Marikina City, leaving many hand-to-mouth shoemakers mired in muddy rainwater and unemployment. But even before Ondoy inundated Metro Manila, ... -
Hagman Selling Eco-Friendly House That Oil Built | Celebrity Remix ...
21 Nov 2009 | 9:40 pmFiled under: TV News, Interviews, Exclusives PopEater attended the US Weekly Hot Hollywood party in Los Angeles on Wednesday night and with all the season enders in sight, we had a burning question: "What is your most anticipated season ... -
Uber-Ironic 1962 ad Touts Oil's Ability to Melt Glaciers! - Last ...
21 Nov 2009 | 11:46 amCourtesy of Climate Progress: David Roberts at Grist has the winner of the irony-can-be-so-ironic award: From a sharp-eyed reader comes this ad for Humble Oil (which later merged with Standard to become, yes, Exxon). It may win the All Time Millenial Award for Maximal Irony. It's from a 1962. ... Results 1 to 40 of about 1078 news. Next page →. Subscribe to OPINIONS - Community and Politics | All Rss feed ... -
Monitor Online | News | Rattling deals: Uganda's oil sharing ...
21 Nov 2009 | 11:37 amNews | November 22, 2009. Rattling deals: Uganda's oil sharing agreements revealed. At the face of it Uganda received the news of oil discovery with high optimism. But the deals signed with the explorers are not the best. ...
- OIL INDUSTRY NEWS - Google News
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New olive planting method prompts Calif. oil boom - San Jose Mercury News
22 Nov 2009 | 11:02 amNew olive planting method prompts Calif. oil boomSan Jose Mercury News"They make great oil, but not great oil available to 300 million Americans, so the industry has been kind of stuck." In 2003, planting took off after years and more » -
FACTBOX-How countries have coped with the oil "curse" - Reuters
22 Nov 2009 | 3:01 amFACTBOX-How countries have coped with the oil "curse"ReutersMexico's oil industry has funded a significant portion of government spending since the discovery of massive offshore reserves in the 1970s. and more » -
RPT-Is Iraq's looming oil boom a blessing or curse? - Reuters
22 Nov 2009 | 2:01 amRPT-Is Iraq's looming oil boom a blessing or curse?ReutersEven so, Iraq will have to plough most of its initial oil wealth into infrastructure to benefit industry, which could anger Iraqis waiting for better power and more » -
Plant's closing a sign of industry's decline - Cherry Hill Courier Post
22 Nov 2009 | 12:23 amBBC NewsPlant's closing a sign of industry's declineCherry Hill Courier PostIn 1957, the venerable Oil & Gas Journal trade magazine heralded the opening of the Delaware 550 to lose jobs as Valero Energy shuts Delaware refineryPhiladelphia Inquirerus oil refinery output seen clipped until springReutersValero Will Close Delaware RefineryWall Street JournalMarketWatch -Globe and Mail -China Postall 382 news articles » -
Nigerian Army Says Insecurity in Niger Delta is Over - Voice of America
21 Nov 2009 | 7:38 amGhana Broadcasting CorporationNigerian Army Says Insecurity in Niger Delta is OverVoice of AmericaThe Nigerian military says the oil-rich Niger Delta has returned to normal after years of attacks that crippled the country's oil industry and created 'Ceasefire will establish security in Niger Delta'PRESS TVCorporate Responsibility and Human Rights Abuse in theModern GhanaDrama in the Niger Delta: Predators circleReliefWeb (press release)Vanguard -Voice of Americaall 54 news articles »
- TheEnergyNews.com
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News Update - Wednesday, November 18th
18 Nov 2009 | 12:00 amDevon Energy international assets - Nexen shale play - Ivanhoe to merge Mongolian subsidiary - Flint awarded Suncor contract - Calvalley Q3 -
News Update - Monday November 16th
16 Nov 2009 | 12:00 amUTS Energy losses increase – Harvest Energy quarterly results – OPTI strategic review – Rig numbers rise – Chevron Amazon -
News Update - Friday November 13th
13 Nov 2009 | 12:00 amEnCana plans to spend in 2010 – Suncor prepares for growth – Enerflex bid turns hostile – Savanna Energy quarterly results -
News Update - Thursday, November 12th
12 Nov 2009 | 12:00 amEncana profit declines in Q3 - Boralex profits in latest quarter - ShawCor wins Australian contract - Crew Energy - Oil hovers around $79 -
News Update - Wednesday, November 11th
11 Nov 2009 | 12:00 amOPEC crude demand – Baytex Energy quarterly profit – Berens Energy Q3 – Wenzel Tools drilling activity – IEA energy investment
- Oil and Gas Eurasia Journal: Latest News Headlines
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Macquarie Says Crude Oil May Fall
19 Nov 2009 | 4:00 pm -
CNPC, Sudan Sign Oil Refining, Asset Swap Agreements
19 Nov 2009 | 4:00 pm -
Total Says Shtokman Natural Gas Start Delayed 2 Years
19 Nov 2009 | 4:00 pm -
API: U.S. Crude Oil Production Continues at Four-Year Highs
19 Nov 2009 | 4:00 pm -
Foreign investment in Russia down
19 Nov 2009 | 4:00 pm
- Capital Eye
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Republican Senator Robert Bennett Seeks to Permanently Sunset TARP Program
20 Nov 2009 | 1:50 pmName: Sen. Robert Bennett (R-Utah)Position: Born in Salt Lake City in 1933, Robert "Bob" Bennett hails from a well-connected Utah family. He is the grandson of the seventh president of the Church of Jesus Christ of Latter-Day Saints and the son of a former four-term U.S. senator. After graduating from the University of Utah and serving in the Utah Army National Guard as a Mormon chaplain for 12 years, he moved to Washington, D.C., where he led the Department of Transportation's congressional affairs in 1969 and then headed the lobbying firm Robert Mullen & Company from 1970 until 1972. -
Capital Eye Opener: Friday, November 20
20 Nov 2009 | 3:00 amYour daily dose of news and tidbits from the world of money in politics:PALIN'S BOOK TOUR DE FORCE: Folks in Michigan waited in line for hours to see former Republican vice presidential nominee Sarah Palin on tour for her new book, Going Rogue. The former governor of Alaska also offered to provide a signed copy to anyone who donates at least $100 to the Republican Governors Association -- the same offer she is making to people who contribute $100 or more to her political action committee. On Saturday, Dec. 5, she'll be in the D.C. metro area, signing books at a shopping center in Fairfax,… -
Finance and Credit Companies Lobby Lawmakers As Congress Moves to Aggressively Regulate Them
19 Nov 2009 | 8:25 amTotal to Current Members of Congress since 1989: $23.3 million (53 percent to Republicans) Total Lobbying Expenditures since 1998: $264.2 million The U.S. economy faltered after the subprime mortgage meltdown, but these investments weren't the only obligations that many consumers defaulted on. Credit card companies, private student loan providers and payday lenders -- all groups within the finance and credit industry -- saw customers become more and more squeezed for cash. While many people have used the extra money from the Obama tax cuts and the stimulus bill to pay down personal debt,… -
Spencer Bachus: 'No More Bailouts'
19 Nov 2009 | 7:00 amName: Rep. Spencer Bachus (R-Ala.)Position: Although Bachus isn't new to the House Financial Services Committee, he's relatively new to the committee's ranking member position, which he assumed in 2007. Bachus competed with Rep. Richard Baker (R-La.) for the spot and won after arguing that he has a better working relationship with interest groups and with chairman Barney Frank (D-Mass.), according to the Almanac of American Politics. Prior to that time, Bachus had been the chairman of the committee's financial institutions and consumer credit subcommittee. Money Summary: There's no doubt that… -
Capital Eye Opener: Thursday, November 19
19 Nov 2009 | 6:45 amYour daily dose of news and tidbits from the world of money in politics: WILL THEY OR WON'T THEY: Senate Majority Leader Harry Reid (D-Nev.) revealed his version of a health-care reform package last night, hoping to win over three moderate Democrats who are on the fence -- Sens. Ben Nelson of Nebraska, Mary Landrieu of Louisiana and Blanche Lincoln of Arkansas. Reid's extensive measure includes a public insurance option with an opt-out option for states, would require individuals to buy coverage and insurance companies to provide coverage in spite of preexisting conditions, according to the…
- Oil & Gas News
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TOKYO: 3 Japan firms to contract for Iraq oil field
22 Nov 2009 | 10:21 amLeading oil distributor Nippon Oil Corp. and two other Japanese firms likely will conclude a basic contract with the Iraqi government as early as this month to obtain the right to develop the massive Nasiriyah oil field in southern Iraq, it has been learned. -
Pa. residents sue gas driller over polluted drinking water
22 Nov 2009 | 6:01 amPat Farnelli says there's something in the water at her house. The last time she drank it, she says, she vomited four times. -
Ivanhoe Energy subsidiary to merge with PanAsian Petroleum Inc in Mongolia
22 Nov 2009 | 1:42 amIvanhoe Energy Inc. said Thursday a move to acquire oil and gas exploration and production rights in highly prospective central Mongolia is the first step in a plan to aggressively grow its Mongolian operations. -
Pipeline to West Coast gains backing
21 Nov 2009 | 9:32 pmClose You asked. We're building it. Nathan VanderKlippe Calgary - Published on Thursday, Nov. -
Atlantis astronaut embarking on 1st career spacewalk awaits word on birth of daughter
21 Nov 2009 | 5:20 pmIn this video frame grab taken from NASA television, space shuttle Atlantis Mission Specialist Randy Bresnik works during the the second spacewalk of the STS-129 mission at the International Space Staion, Saturday, Nov.
- Oilintel.com - Oil Industry News, Nov 22, 2009 1:40 PM
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API: U.S. Crude Oil Production Continues at Four-Year Highs
21 Nov 2009 | 1:55 pmNovember 21, 2009 3:55 PM ET U.S. crude oil production for October averaged 5.36 million barrels per day, continuing at levels not seen since 2005, according to API's Monthly Statistical Report. Crude production from the Lower 48 states averaged ... [More] -
NYMEX December WTI, Heating Oil Down, Gasoline Higher on Spread Reversals
20 Nov 2009 | 1:41 pmNovember 20, 2009 3:41 PM ET The NYMEX December crude and heating oil contracts both ended today below yesterday's settles while December RBOB gasoline ended the day above Thursday's settle. The reason for today's mixed close is attributed to the e... [More] -
NYMEX Oil Complex Lower on Renewed Concerns about Economy
20 Nov 2009 | 6:18 amNovember 20, 2009 8:18 AM ET The December NYMEX crude and RBOB gasoline and heating oil contracts are all expected to open below Thursday's settles. The lower opening is appears to be a continuation of yesterday's sell-off due to concerns that the ... [More] -
OPEC Basket Price for November 19 down $1.10 at $76.77
20 Nov 2009 | 5:03 amNovember 20, 2009 7:03 AM ET The price of the OPEC basket of thirteen crudes stood at $76.77 per barrel on Thursday, down $1.10 from Wednesday, November 18, according to OPEC Secretariat calculations. The basket of OPEC crude grades is made up of th... [More] -
NYMEX Oil Complex Falters on Economic Data, Strong Dollar
19 Nov 2009 | 1:38 pmNovember 19, 2009 3:38 PM ET The NYMEX December crude and RBOB gasoline and heating oil contracts all ended the day below yesterday's settles. We attribute the solidly lower settles to two major factors. The first was less than stellar economic new... [More]
- OPEC NEWS - Google News
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Iran says non-OPEC output rise reason for price fall - Reuters UK
22 Nov 2009 | 4:39 amPRESS TVIran says non-OPEC output rise reason for price fallReuters UKTEHRAN, Nov 22 (Reuters) - Iran's oil Minister said on Sunday that the increase of crude production by non-OPEC countries has had an adverse impact on oil OPEC head calls for Copenhagen compensationPRESS TVOPEC's Badri calls for Copenhagen compensation-reportReuters South AfricaItaly judge rejects block of Eni in NigeriaVanguardSteelGuru -Tripoli Postall 21 news articles » -
Angola Ignores Opec Target - Petroleum Intelligence Weekly (subscription)
20 Nov 2009 | 3:23 pmAngola Ignores Opec TargetPetroleum Intelligence Weekly (subscription)Cookies are disabled on your machine. This site requires cookies to be enabled. Thank You, EIG. The document you have requested requires a subscription or a Record Flows Into CommoditiesPetroleum Intelligence Weekly (subscription)all 21 news articles » -
OIL FUTURES: Nymex Crude Drops As Economic Recovery Lags - Wall Street Journal
19 Nov 2009 | 12:32 pmGlobe and MailOIL FUTURES: Nymex Crude Drops As Economic Recovery LagsWall Street JournalOPEC agreed to reduce otuput by 4.2 million barrels a day last year, and is still between 60% and 70% of that oil off the market, according to analysts who Oil prices wobble on recovery concernsAFPOPEC may keep output of crude unchanged in DecMoneycontrol.comOil prices rally on weak dollar, Opec commentsPeninsula On-lineBloomberg -Daily FX -Channel News Asiaall 2,182 news articles » -
Qatar oil minister: no output quota changes at OPEC meet - Reuters
19 Nov 2009 | 12:03 amReuters South AfricaQatar oil minister: no output quota changes at OPEC meetReutersTOKYO (Reuters) - Qatar Oil Minister Abdullah al-Attiyah said on Thursday he did not expect OPEC to make any changes in its production output quotas when OPEC may hike output, says LukmanNEXTOPEC should hold output steady at Dec meeting: LibyaReuters South AfricaOPEC: world oil demand to rise slightly in 2010Oil & Gas JournalHeatingOil.com -Tehran Times -plastemart.comall 26 news articles » -
UPDATE 2-Chavez blames Venezuela economic drop on OPEC cut - Reuters
18 Nov 2009 | 8:27 pmInside Costa RicaUPDATE 2-Chavez blames Venezuela economic drop on OPEC cutReuters"But the drop in the oil GDP is the (OPEC) cut." Oil GDP slid 9.5 percent in the third quarter data released by the Central Bank on Tuesday. Venezuela oil co.: Jan-June profits down 67 pcteTaiwan NewsVenezuela PDVSA profits fall 67 pct first half 2009Reuters UKPDVSA Profit Falls 67% on Price Drop, OPEC TargetsBloombergWall Street Journal -Poder 360all 36 news articles »
- OPEC News
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Chavez praises alleged terrorist Carlos the Jackal
21 Nov 2009 | 7:35 pmPresident Hugo Chavez is praising Carlos the Jackal, the imprisoned Venezuelan once notorious for a series of Cold War-era bombings, assassinations and hostage dramas, saying he was a "revolutionary fighter" and not a terrorist. -
OPEC head says $75-80 a barrel a 'good price'
20 Nov 2009 | 1:20 pmTuesday, November 17, 2009 ABU DHABI: Seventy-five to 80 dollars a barrel is a satisfactory price for oil, the president of OPEC said on Monday, adding that the cartel may leave production unchanged at its meeting next month. -
Chavez blames Venezuela economic drop on OPEC cut
19 Nov 2009 | 1:17 pmVenezuelan President Hugo Chavez said on Wednesday the South American oil producer's economic slide was largely due to its compliance with OPEC-mandated production cuts. -
Qatar's Al-Attiyah Says He Doesn't Think OPEC Will Boost Output at Meeting
18 Nov 2009 | 1:11 pmQatara s energy minister Abdullah bin Hamad al-Attiyah said he doesna t expect OPEC to decide to increase crude oil production at its next meeting in December. -
IEA says sees little OECD oil demand recovery
17 Nov 2009 | 12:59 pmOil demand in wealthy countries has not improved much and the patchy state of global recovery could prompt OPEC to keep output steady at its next meeting, the International Energy Agency said on Tuesday.
- Peak Oil News
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We have already entered peak oil,’ IEA source reportedly claims
10 Nov 2009 | 7:52 amhttp://rawstory.com/2009/11/we-entered-peak-oil-iea-source-reportedly-claims/By Stephen C. Webster Two International Energy Agency whistleblowers have come forward with startling claims about the world's supply of crude oil, according to a report published Tuesday."We have [already] entered the 'peak oil' zone," an unnamed former IEA official told British newspaper The Guardian. "I think that the situation is really bad."A second whistleblower reportedly claimed that the IEA's current figures are inflated due to pressure from the United States and a pervasive fear that the announcement of… -
The End Of Fossil Fuel
6 Aug 2009 | 8:09 amforbes.com By Chris Nelder, 07.24.09, 03:00 PM EDT Prepare for a radically different lifestyle as global crude oil production peaks and begins to decline. You will never see cheap gasoline again. You will probably never see cheap energy again. Oil, natural gas and coal are set to peak and go into decline within the next decade, and no technology can change that. Peaking is a simple concept. We generally exploit natural resources in a bell-shaped curve, with the rate of extraction increasing over time until we reach a peak and then gradually slowing down until we stop using them. Peak oil is… -
'$20 Per Gallon' by Christopher Steiner
28 Jul 2009 | 10:40 amLos Angeles TimesChristopher Steiner looks ahead and projects, $2 at a time, how rising gasoline prices will transform civilization.By Matthew DeBordAmazon.com - $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the BetterDuring the summer of 2008, Americans found out just how much was too much to pay for gas. On July 11, a barrel of oil hit $147.27, which translated into $4.11 for a gallon of regular gas at the pump -- the highest price ever reached in the U.S. And that was just the average. In some places, the price got close to $5 a gallon. It was… -
‘Peak oil’ debate is no longer on hold
21 Jul 2009 | 10:57 amBusinessDayPut a group of oil experts under one roof for a while and their discussion is likely to drift to the subject of peak oil — a point in time when maximum oil production is reached, after which it goes into permanent decline.The advent of peak oil has long been brushed aside by some because it seems like a far-fetched, if not a ridiculous, idea concocted by alarmists. This is despite deafening cries that it is a real and serious threat.Even among those who agree that it will happen, views differ sharply on the date . Some, like author David Strahan, say it could be as soon… -
Could $20-Per-Gallon Gasoline Make Us Happier?
16 Jul 2009 | 12:18 pmNPRListen – mp3When it's time to fill up the gas tank, many fear the price of gas will return to the $4-a-gallon days of last summer. But according to author Chris Steiner, our lives would be a lot happier and healthier if gas prices rose into the double digits. Steiner explains himself, and the title of his book: $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better.Amazon.com ReviewImagine an everyday world in which the price of gasoline (and oil) continues to go up, and up, and up. Think about the immediate impact that would have on our…
- OPEC: News & Videos about OPEC - CNN.com
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Oil recovers to hold above $79
27 Oct 2009 | 4:30 pmOil rose above $79 a barrel Tuesday as rising gasoline demand in the United States helped investors shrug off a drop in consumer confidence in the world's biggest energy user. -
Oil prices rally, pullback on horizon
16 Oct 2009 | 3:14 pmOil prices have vaulted above $78 a barrel this week as investors continue to fret about a weak dollar and the pace of the economic recovery. -
OPEC holds steady on output levels
10 Sep 2009 | 5:18 amOPEC on Thursday agreed to leave current production levels unchanged, citing an oversupplied market and "downside risks associated with the extremely fragile recovery." -
Oil slides to near $70
15 Jun 2009 | 3:48 pmOil sold off Monday to settle near the $70 mark as the dollar rose, stocks fell, and a slew of global events put downward pressure on prices. -
Oil rises above $65 as OPEC holds steady
28 May 2009 | 3:52 pmOil rose above $65 a barrel Thursday after OPEC decided to leave the group's crude production unchanged and an inventory report showed an unexpected decline in supply.
- OIL DRILLING NEWS - Google News
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The drilling debate: Military impact - The News Herald
22 Nov 2009 | 11:34 amThe drilling debate: Military impactThe News Herald“If our politicians claim to be supportive of the military, why would they be for oil drilling?” asked Brian Haugen, president-elect of the Destin Area -
Deep ocean census finds jumbo Dumbo and oil-drilling worms - Earthtimes (press release)
22 Nov 2009 | 9:12 amDeep ocean census finds jumbo Dumbo and oil-drilling wormsEarthtimes (press release)But researchers were also astonished to lift up a worm from 990 metres beneath the Gulf of Mexico, only to find crude oil streaming from both the animal and and more » -
Mary Ann Lindley: Why risk damaging tourism? - Tallahassee Democrat
21 Nov 2009 | 11:02 pmMary Ann Lindley: Why risk damaging tourism?Tallahassee Democrat13 "to draw metaphorical and actual lines in the sand; human lines in the sand against near-shore oil drilling in our waters. and more » -
15 Dimock Residents Suing Gas Company - FOX 40 News WICZ TV
21 Nov 2009 | 3:16 pmBoston Globe15 Dimock Residents Suing Gas CompanyFOX 40 News WICZ TVArguments in favor of natural gas drilling in New York may have taken a big blow. Fifteen families just south of the New York boarder are suing Cabot Oil Residents Take Action to Correct Conduct by Natural Gas Company in Dimock, PAWBGHUPDATE 2-Pennsylvania residents sue over gas drillingReutersPa. residents sue gas driller over polluted wellsThe Associated PressTrading Markets (press release) -WBNG-TV -WNEP-TVall 203 news articles » -
PAT RICE: We're taking a deep look at Gulf Coast drilling - The Northwest Florida Daily News
21 Nov 2009 | 1:08 pmPAT RICE: We're taking a deep look at Gulf Coast drillingThe Northwest Florida Daily NewsAt the same time, many in the region support oil drilling, which could contribute jobs to the region and help the nation's energy needs. Q&A: Questions answered about Florida's offshore drilling issueThe News HeraldEditorial: It's just not worth itPensacola News JournalPrint exclusive: Drill or no drill?Tallahassee DemocratThe News-Press -The News Heraldall 11 news articles »
- OFFSHORE DRILLING NEWS - Google News
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The drilling debate: Military impact - The News Herald
22 Nov 2009 | 11:34 amThe drilling debate: Military impactThe News HeraldIn the 2009 legislative session, the Florida House passed a bill that could have brought offshore drilling to within three miles of the coast. -
Q&A: Questions answered about Florida's offshore drilling issue - The News Herald
21 Nov 2009 | 6:14 pmQ&A: Questions answered about Florida's offshore drilling issueThe News HeraldThe Florida Legislature will consider a proposal to allow oil and natural gas drilling in state waters. Although a bill to do just that passed the Florida Editorial: It's just not worth itPensacola News JournalPrint exclusive: Drill or no drill?Tallahassee Democratall 11 news articles » -
Environmentalists: Look at Texas to see what's coming - The News Herald
21 Nov 2009 | 6:13 pmEnvironmentalists: Look at Texas to see what's comingThe News HeraldSome leading academics say the Texas drilling experience has been one of tradeoffs, but they insist it is one in which offshore drilling and the marine and more » -
Offshore drilling near Santa Barbara brings energy debate home - Examiner.com
20 Nov 2009 | 5:48 amExaminer.comOffshore drilling near Santa Barbara brings energy debate homeExaminer.comIt surprises many to know that Santa Barbara County has allowed offshore drilling, but many people aren't aware of the vigorous debate and opposition that -
Senate Panel Debates Offshore Drilling - Wall Street Journal
19 Nov 2009 | 12:59 pmBoston GlobeSenate Panel Debates Offshore DrillingWall Street JournalWASHINGTON -- A Senate panel on Thursday battled over whether the country could expand oil and gas drilling in coastal waters without Big Oil to Congress: Expand offshore drillingReutersEnergy companies defend their offshore workHouston ChronicleObama administration pauses on Alaska drillingThe Associated PressSolveClimate -Oil & Gas Journal -Morning Star Onlineall 188 news articles »
- Peak Oil News
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The dawn of the Third Industrial Revolution
"The most hated man in science" said that it may be too late to save civilization. Civilization is on the cusp of the Third Industrial Revolution and "our Second Industrial Revolution is on life support," according to Jeremy Rifkin, president and founder of the Foundation on Economic Trends said. We are in emergency mode. Our dependence on non-renewable resources for energy is breaking the economic system we rely on, he said. -
Rising sea levels threaten Caribbean region
...According to a recently updated World Bank study on climate change in Latin America, Alfonso and his neighbors have reason to be concerned. Not only are the effects of global warming more evident in Latin American coastal cities, the report says, but the phenomenon could worsen in coming decades because sea levels will rise highest near the equator. Colombian naval Capt. Julian Reyna, a member of a government task force monitoring climate change, said the sea level around Cartagena, renowned for its Spanish colonial fortifications and beaches, has risen as much as one-eighth of an inch… -
Making holes and cracks around oil and gas wells
Today I want to talk a little more about perforating the wall of a well, and a bit more about hydrofracing. They are not necessarily used together, but both are ways of getting cracks out from the immediate wall of the wellbore so that the valuable fluid on the other side can have an easier path into the well. -
US Oil Demand Provoking New Wars In Latin America
Perhaps this week you heard news reports about Venezuela bombing a couple of bridges that connected it with Colombia, and have been wondering what all the tension is about. If so you should run to read this report in UK's The Independent about America's role (surprise!) in fomenting tension. (via Forexlive) -
It's just not worth it
The News Journal Editorial Board has long opposed drilling within 100 miles of Gulf Coast beaches — even 150 miles, as proposed during congressional negotiations in 2006. Certainly not in state waters, within 10 miles of the coastline. We see no reason to change that opinion.
- Nickle's Daily Oil Bulletin
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Questerre Continues Quest For Utica Commercialization
20 Nov 2009 | 11:00 amDevelopments in Quebec over the last quarter have rekindled market interest in the Utica shale and the St. Lawrence Lowlands, says Questerre Energy Corporation, one of the landowners working to commercialize the play. -
Oilsands Costs Reduced For Now
20 Nov 2009 | 11:00 amWhile the current slowdown involving delays and cancellations of new oilsands projects, representing an estimated $150 billion potential investment, has brought down costs through an improved labour market and lower prices for equipment, it may be difficult to keep costs down, a recent conference heard. -
Peyto Seeks Production Engineer
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Rig Activity - November 17, 2009
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Terra Increases Production But Low Prices Drag Down Financial results
20 Nov 2009 | 11:00 amDespite increasing third quarter production by about 1,750 bbls of oil equivalent per day, Terra Energy Corp. couldn't overcome the weak commodity price environment and posted declines in earnings and cash flow.
- Wordpress: Tag -- Oil
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Duncan Hines Lemon Supreme Pound Cake
22 Nov 2009 | 10:59 amI know I usually don’t use mixes but my Grandma used to make Duncan Hines cakes mixes and I still love them today. Cake 1 package Duncan Hines Lemon Cake Mix (515 g) 1 package (4 serving size) Vanilla or Lemon Instant Pudding Mix 4 eggs 1 cup water 1/3 cup oil Glaze 1 cup icing sugar 1 tablespoon milk or lemon juice 1. Preheat oven to 350F. Grease and flour 10-inch (3 L) tube pan. 2. For cake, combine cake mix, pudding mix, eggs, water and oil in large bowl. Beat at low spead with an electric mixer until moistened. Beat at medium speed for 2 minutes. Pour into pan. Bake at 350F for 50-60… -
Duncan Hines German Chocolate Cake
22 Nov 2009 | 10:47 amI know I usually don’t use mixes but my Grandma used to make Duncan Hines cakes mixes and I still love them today. Serves 12 Cake 1 package Duncan Hines Swiss Choocolate Cake Mix 3 eggs 1 1/4 cups water 1/2 cup oil 1/2 cup chopped pecans Frosting 2/3 cup granulated sugar 2/3 cup evaporated milk 2 egg yolks 1/3 cup butter 1 1/3 cup flaked coconut 1 cup chopped pecans 1/2 teaspoon vanilla extract 1. Preheat oven to 350F. Grease and flour 9×13″ pan. 2. For cake, prepare cake mix following package directions for basic recipe. Stir in 1/2 cup pecans. Pour into pan. Bake at 350F… -
The Perfect Thanksgiving Table Setting
22 Nov 2009 | 9:07 amWith an increasing number of holiday festivities being held in the home this year, we’re all looking for creative and cost effective ways to spruce up our table settings and create a look that will impress our guests. When it comes to setting your Thanksgiving table, options for the adventurous host are limitless. What are the hottest trends for you to bring to your table this year? Here are a few ideas that will take your Thanksgiving table from ordinary to extraordinary: Color, Texture and Mix – Match: In table linens and accessories, this year we are seeing rich, saturated… -
Emails reveal that climate change is NOT settled science.
22 Nov 2009 | 8:36 amAn exposure of the scientific community’s clandestine approach to driving climate change aware -
A WONDER, CALLED THE COCONUT TREE
22 Nov 2009 | 6:51 amIt gives a gallon of toddy every day, the local ale of Keralites, one third of whom live by extracting it from this too familiar tree. They give it to the cooperative, that owns a network of distributories. Being the cheapest drink, all workers go direct to the “shop”, after a day of hard work, where, sometimes they spend the whole day’s earnings. Toddy is collected by cutting the flower bunch, which the botanists call the inflorescence, and collecting the juice coming from the cut, rich in starch and vitamins, sweet when fresh. Our tapper at home is a family friend.
- Energy & Society
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On Discount Rates
4 Nov 2009 | 1:20 pmRFF has published an article by Cameron Hepburn who confuses pure rate of time preference with consumption discount rate. It's troubling that this confusion still keeps popping up among academics. Hepburn says:In contrast to Stern’s prescriptive approach, previous research tended to be “descriptive” in assumptions about discounting, focusing on what we actually do, rather than what we ought to do from an ethical point of view. The focus was on market interest rates, which reflect the sum of many individual choices. Historic market interest rates (ignoring past and present financial… -
Self-fulfilling Prophecies
2 Nov 2009 | 4:08 amAngela Merkel on Friday:It is realistic to say that in Copenhagen we will not be able to conclude a treatyGuardian, yesterday:"Nobody thinks we will get a full treaty," said a spokesman for the Department of Energy and Climate Change (UK)...Lars Løkke Rasmussen, prime minister of Denmark, said: "We do not think it will be possible to decide all the finer details for a legally binding regime." Hanne Bjurstroem, Norwegian cabinet minister and chief climate negotiator, told Reuters: "I don't believe we will get a full, ratifiable, legally binding agreement from Copenhagen."Our climate… -
While waiting for the results from the vote on Waxman-Markey
26 Jun 2009 | 2:07 pmRead this posting by the Earth Institute's blog on turning CO2 into a solid carbonate. Having the first large-scale demonstration facility come online in September is a huge thing. Let's hope it works.Who wants some limestone? -
Message from Detroit to Capitol Hill
8 Jun 2009 | 12:52 pmJim Oberstar, the chairman of US House Transportation and Infrastructure Committee has proposed a higher fuel tax, making many Democrats nervous about what is "too much" in these difficult times. Obama also opposes the tax hike. I'm inclined to question the logic behind the opposition, whether it's populism or domestic realpolitik.Dave McCurdy, President of the Alliance of Automobile Manufacturers was on EETV today talking about Detroit's challenges on the path to lower car emissions. He said one thing the Obama administration should take heed of:But I think there has to be price signals,… -
People who get us into trouble
29 Apr 2009 | 3:41 pmI found this latest piece by Robert J. Samuelson via Paul Krugman, who nails some of the most disturbing fallacies in the column:I don’t think there’s a single thing there that’s right. What on earth do business cycles have to do with it? The models may assume growth based on past trends, but they DO ask whether emissions policy would greatly slow growth — and the answer is no. Consumers aren’t assumed to “quickly” use less — the time frame in these models is decades long. And new supplies don’t “magically” appear — they respond to price incentives, which is what…
- Oil Price
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Global Warming - Are We Being Lied To?
21 Nov 2009 | 12:00 amAm I the only person concerned about the glaringly obvious inconsistencies regarding the information we are being fed on global temperature changes? Why am I hearing more and more respected climatologists warning us of a potential Mini-Ice Age&r -
Central Asia's Most Precious Resource - Water, Not Oil
20 Nov 2009 | 12:00 amIn every drop of water there is a grain of gold. - Aral proverb Since the 1991 collapse of the USSR, foreign investors have looked at the former Soviet space as a land rich in underdeveloped resources waiting for Wester -
The Hidden Costs of Energy Production: $120 billion a year +
18 Nov 2009 | 12:00 amYes, $120 billion a year: That’s the final tally of the negative effects of energy production and use. And thats just a partial estimate, because it doesn’t include damages from climate change, harm to ecosystems, effects of some air p -
Big Oil - A Look at The Worlds Most Powerful Companies
16 Nov 2009 | 12:00 amThe term "Big Oil," which initially was coined with derisive and derogatory connotations, has since come to designate those proverbial Titans and veritable leaders of the oil industry, now, once again, being dutifully appreciate -
Turkey and Russia - Tender Relations Over Nuclear Power
13 Nov 2009 | 12:00 amThe recent announcement of a stay of execution on three of the clauses of the legislative framework for the building of Turkey’s first ever nuclear power plant has reinforced doubts about the viability of the project and threatens to strain Turke

