As companies rush to find the new fields that will satiate our world's increasing demand for oil, their mad dash has pushed them to the ends of the earth, literally.
Business Weeks claim that exotic offshore production from fields like Jack will tip the balance of supply and demand in the long term is a reprehensible speculation, just another verse in the...
For the first time in over two decades, the Organization of Petroleum Exporting Countries (OPEC), which already produces over a third of the world's oil supply, extended its influence by admitting a...
According to the latest quarterly review from the Bank for International Settlements (BIS), oil-producing countries have reduced their U.S. dollar exposure to the lowest level in two years. Crude...
One of the world's most expansive ethnic groups sits on vast quantities of fossil fuel reserves, spread out across national and even continental boundaries. Turkey, the nominal head and economically...
Unless youre talking to one of the worlds few oceanic geologists, methane hydrates would most likely be an unfamiliar term. Yet these massive deposits of methane gas could turn into the next...
Forget the recent drop in gas prices. Smoke and mirrors don't hide the real picture for that long. Countries and companies worldwide know that a long-term strategy for energy security involves not...
Like most entrepreneurs Roger Davey is a man that sees something that very few other people do. Because of it he takes risks, he works hard, and he pushes his dream down a road with no sure...
A few days ago the International Energy Agency (IEA) -- a Paris-based institute that acts as an energy policy advisor to 26 countries worldwide -- leveled out their outlook for global oil demand...
Believe it or not... One oil field accounts for 6.25% of the world's daily global production -- about 5 million barrels a day...
Maybe somebody ought to give the fellas over at British Petroleum (BP) Neil Young's phone number. Had they only known that rust never sleeps, we might have avoided the market shock that sent oil...
OPEC is the true 800-pound gorilla of the oil game. The cartel is officially estimated to control over 887 billion barrels of proved oil reserves -- supposedly two-thirds of the world's remaining...
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