Tough Times Force OPEC Members to Close Ranks
Divisions within OPEC have eased as the dual threat of the global economic crisis, and climate change talks force oil producers to … Keep Reading
Divisions within OPEC have eased as the dual threat of the global economic crisis, and climate change talks force oil producers to … Keep Reading
The group president of OPEC has said those organization ministers will raise output to protect the global economic recovery at a meeting … Keep Reading
In the March 1998 issue of Scientific American Colin Campbell and Jean Laherrère published the classic article “The End of Cheap Oil”. … Keep Reading
The Norwegian Petroleum Directorate (NPD) has cut its resource estimate for the Barents Sea by about 11%, it said today. The NPD … Keep Reading
Russian gas monopoly Gazprom believes global demand and its own gas production will be depressed by around 10% for the next 4-5 … Keep Reading
Offshore drilling companies are having a hard time expanding their fleets because the economic conditions have made new vessels harder to finance. … Keep Reading
The era of cheap gas is coming to an end, Russia’s Prime Minister Vladimir Putin has told ministers from the world’s major … Keep Reading
U.S. oil independence “is non-applicable” despite US President-elect Barack Obama’s assurances, said former Saudi Chief of Intelligence Prince Turki Al-Faisal Wednesday evening. … Keep Reading
The World Energy Outlook 2008 (WEO2008) was released last week, and it contains updated studies and forecast from the International Energy Agency … Keep Reading
Washington Post has expanded its investigating reportage section, Oil Shock, and continued to dig deeper into the new oil reality and the … Keep Reading