Here’s How Electric Cars Will Cause the Next Oil Crisis
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Iran Deal Could Further Slam Markets By Unleashing Oil Wave
Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in oil supplies to a market already reeling from the lowest prices in more than a decade. S...
Saudi Arabia to run out of cash in less than 5 years
If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leade...
A Game-Changer For The Global Oil Market
Shale technology is a game-changer for the global oil market. Today, this new technology has been developed mostly in the U.S. And, over the past five years, shale oil production in the U.S. has incre...
Crude oil plunges below $50 after shocking supply data
Crude-oil futures fall to the lowest level in a week on Thursday, after U.S. data show inventories have built up much faster than expected.
Saudis block OPEC output cut, sending oil price plunging | Reuters
Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year ...
OPEC - OPEC targets $100/barrel, as oil price hits $91
THE Organisation of Petroleum Exporting Countries (OPEC) has expressed optimism that the price of crude oil will hit $100 per barrel, as the price peaked at ...
American Petroleum Institute
The American Petroleum Institute (API) is the largest U.S trade association for the oil and natural gas industry. It claims to represent about 400 corporations involved in production, refinement, di...
American Petroleum Institute - Wikipedia
OPEC
Organization of the Petroleum Exporting Countries (OPEC, /ˈoʊpɛk/ OH-pek), a permanent, international organization headquartered in Vienna, Austria, was established in Baghdad...
OPEC - Wikipedia
Peak oil
Peak oil, an event based on M. King Hubbert's theory, is the point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production is expected to enter terminal...
Peak oil - Wikipedia
Here’s How Electric Cars Will Cause the Next Oil Crisis
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Iran Deal Could Further Slam Markets By Unleashing Oil Wave
Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in oil supplies to a market already reeling from the lowest prices in more than a decade. S...
Industrial Union Department v. American Petroleum Institute
Industrial Union Department v. American Petroleum Institute (The Benzene Case), 448 U.S. 607 (1980), was a case heard before the United States Supreme Court. This case represented a challenge to the ...
Pennsylvania oil rush
The Pennsylvania oil rush was a boom in petroleum production which occurred in northwestern Pennsylvania from 1859 to the early 1870s. It was the first oil boom in the United States.The oil rush began...
Pennsylvania oil rush - Wikipedia
Platts
Platts is a provider of energy and metals information and a source of benchmark price assessments in the physical energy markets. Platts was founded in Cleveland, Ohio in 1909 by Warren C. Platt (1883...
Tapis crude
Tapis crude is a Malaysian crude oil used as a pricing benchmark in Singapore. Tapis is very light with an API gravity of 43°-45° and very sweet with only about 0.04% sulfur. While it is not traded o...
Indian Oil Institute of Petroleum Management
The Indian Oil Institute of Petroleum Management (IiPM, stylised IndianOil Institute of Petroleum Management) is a training institute of Indian Oil Corporation set up in 1995 at Gurgaon, a city in the...
Energy returned on energy invested
In physics, energy economics and ecological energetics, energy returned on energy invested (EROEI or ERoEI); or energy return on investment (EROI), is the ratio of the amount of usable energy acquired...
Energy returned on energy invested - Wikipedia
Strategic Petroleum Reserve (China)
The Strategic Petroleum Reserve (SPR) is an emergency fuel store of oil maintained by the People's Republic of China National Development and Reform Commission. The planned state reserves of 475,900,0...