For the past 30 years or so, Brazil has increased its oil production every year. Brazil’s state-owned oil company, Petrobras, has become a world class producer of offshore drilling technology,…
A "new paradigm" shift in the economic model for Kazakhstan may suggest its hopes for a major windfall from the Kashagan oil field are fading.The Asian Development Bank…
For anyone covering the energy industry, it is often wise to take most production forecasts with a healthy dose of skepticism. The Marcellus shale gas production growth has turned out…
May 5th marked the 66th anniversary of the founding of Israel. As the Jewish state marked the occasion, the government looks forward to exploiting the recently discovered oil and gas…
I've talked a lot recently about growing exports of natural gas liquids from the U.S.This is a space where staggering numbers have been thrown around of late. When…
As U.S. gasoline production increases in anticipation of the summer driving season, the American Automobile Association said it is expecting prices at the pump to drop by Memorial Day, May…
The trouble with gas is that it is not as easy to move around as oil, which is a problem, because it’s on the verge of becoming as important.
Dutch designer Daan Roosegaarde and a team of other artists and engineers are developing a new, energy-friendly mechanism that sucks smog out of the air and transforms it into diamonds.
George Prescott Bush, the 38-year-old son of Jeb Bush, former governor of Florida, has brought the Bush dynasty into a new generation by entering his first political race this year…
A thirst for liquids is driving capital into the Alberta Montney at a surprising rate these days.In the last two months, 7 private equity firms have come to…
At least, it appears. The much-touted Chinese coal import ban.News last week out of China suggests this elusive regulation is close to becoming reality. With the government perhaps…
The Mexican government has released its much-anticipated new rules on its oil sector, putting some meat on the bones of major energy reforms it announced last year. The rules appear…
The Russian economy may not be able to finance the Kremlin's ambitions in Eastern Europe for much longer because the country's oil and gas output is no longer a strong…
China -- one of the few countries to invest in Iran despite international sanctions against it over its nuclear program -- has had its contract to develop Iran’s Azadegan oil…
The man-made earthquakes that have been shaking up the southern United States only stand to get stronger and more dangerous as the controversial practice of hydraulic fracturing, or fracking,…
I’ve been warning readers about 1st quarter energy results in the Exploration and Production companies – believing that the results would be overhyped and lead to disappointments. But nothing like…
On April 30, a U.S. House congressional committee passed a bill that would streamline the approval process for exporting liquefied natural gas from the United States. Sponsored by Rep.…
The US oil and gas industry has been in transition over the last decade or so. It is not that long ago that offshore oil and international exploration were the…
Libya lifts force majeure at ZueitinaThe Libyan National Oil Corp. announced it lifted a legal clause that absolved it from meeting contractual obligations at the eastern oil…
More North American energy companies are turning to rail transport as an option to get crude oil to refineries because there isn't enough pipeline infrastructure in place to keep pace…