It's a vision that has long enticed energy planners: solar panels stretching out over vast swaths of the Sahara desert, soaking up sun to generate clean, green power. Now Algeria, aware that its oil and gas riches will one day...
The Iraqi Oil Law poll was carried out in June and July by KA Research, and coordinated and analyzed by Custom Strategic Research. Its key conclusion is that Iraqis oppose plans to open the country’s oilfields to foreign investment by...
Ecuador's government is planning an additional investment of $180 million into the state-owned oil company Petroleos del Ecuador, or Petroecuador, to halt declining production levels, the Economy Minister Fausto Ortiz has said. Without this investment, Petroecuador's oil production will likely...
As we have reported on the blog, the bout of oilsands fever sweeping through northern Alberta shows no sign of slowing down. Last week there were a staggering $38 billion in deals. This huge investment shows that skyrocketing construction costs...
Marathon Oil made news earlier this week when it was announced that it was buying Calgary-based Western Oil Sands, to move into Canadian oil sands. The company is again in the news, this time for paying a $1 million fine...
Venezuela and Cuba will begin jointly exploring for oil in Cuban waters in the first such venture between the two nations. Petroleos de Venezuela SA, or PDVSA, said in a statement that the project with Cuba's CUPET energy company covers...
Russia's Gazprom gas monopoly has threatened to halve supplies to Belarus tomorrow in a payment dispute that could disrupt deliveries to western Europe. Moscow said yesterday it would cut by 45% supplies flowing to its neighbour through export pipelines -...
The rush to invest in Canada's oil sands is on (see yesterday's post on Shell). Marathon Oil, the largest oil refiner in the U.S. Midwest, is set to become the latest international energy player to grab a stake in Alberta's...
The battle over Iraq's controversial oil law is heating up. The country's Oil Ministry has directed all its agencies and departments not to deal with the country's oil unions, who are leading the battle against the law. The unions went...
The Lebanese coastline remains heavily polluted from last year's Jiyyeh oil spill and cleaning efforts have not achieved the desired result, according to local NGOs. Their conclusions contrast sharply with reports by other NGOs and the United Nations Environment Program...
