Energy

2012 has been a stellar year for oil and gas. From East Africa to North America, new technology, major new discoveries, an unparalleled appetite for exploration and a metamorphosing perception of risk have changed the playing field. We're looking at...

There’s been plenty of talk about potentially radical US foreign policy changes as a result of the shale boom. While one shouldn’t expect any dramatic US foreign policy move away from the Middle East, factors are influencing a greater focus...

  BP’s quest to drill for oil in Russia’s arctic region has thus far been a roller coaster ride of corporate cobwebs and political power plays. Yet despite facing incredible difficulties in pursuing Russian ventures, BP is clearly convinced that...

The "shale revolution" has been grabbing a great deal of headlines for some time now. A favourite topic of investors, sector commentators and analysts – many claim we are about to enter a new energy era with cheap and abundant...

In its latest World Energy Outlook released last week, the International Energy Agency (IEA) predicted, among other things, that the U.S. would overtake Saudi Arabia as the world’s largest oil producer by 2020; and become a net oil exporter around...

Historically, energy companies have been less than keen to invest in areas such as Sudan, Iraq and Yemen – where political and social instability down the years often spelled danger for both infrastructure and personnel. Today however, with political risk...

What is the global energy situation today? Is our energy future one of falling prices and plentiful supply or should we prepare for declining supply and sky-high prices? To give readers a real understanding of where we are, Oilprice.com was...

Higher oil prices may be a drag on oil importing economies, but exceedingly low oil prices can also be a signal of recession. If oil prices and the rate of oil supply growth keeps ratcheting downward, another global depression could...

The fallout from the Fukushima nuclear disaster in 2011 has forced a global rethink over the future of nuclear energy. Today, some countries have outright rejected any further use of nuclear power, while others continue to pursue the energy source...

As global energy supplies come under increasing attack by non-state actors and private energy holdings become key targets of political maneuverings and criminal activities, Oilprice.com discusses the nature of the growing threat and how to reverse the risk with "smart...

Since the collapse of the USSR in 1991, the nations that border the Caspian Sea – namely Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan – have quarrelled over how to properly divide its waters. With as much as 250 billion barrels...

The latest report from the IEA is not going to please environmentalists. Accordingly, the IEA admonishes governments for not fully embracing renewable energies – including nuclear energy. But to be fair, there is a desperate need to focus on nuclear...

Hydraulic fracturing, or “fracking” as it is otherwise known, is the process by which pressurized water is used to fracture rock layers thus releasing petroleum, natural gas, or other substances so that they can be extracted. But while oil and...

If the Keystone XL pipeline, which would run from Alberta, Canada to the Texas coast, goes forward, it would spell disaster for efforts to combat climate change. But defenders of the pipeline are using dirty tactics to promote dirty oil....

Wind power may currently only contribute to less than 1 percent of Egypt’s energy output, but most experts believe that it has the potential to meet the nation’s energy needs. The largest bottleneck thus far to expanding Egypt’s wind power...