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Recent Articles by Oilprice.com
May 25, 2014
by Oilprice.com
China’s Oil Giant at Center of Corruption Probe
Grins were on the faces of China National Petroleum executives this week as they celebrated a blockbuster 30-year deal for Russian gas. For some, however, those grins could soon turn to grimaces, because the deal comes against a backdrop of a series of high profile corruption investigations by the state, and CNPC has been caught in the dragnet.
May 18, 2014
by Oilprice.com
If Ukraine Crisis Drags on, Russian Economy May Falter
The United States is considering sanctions against Russia’s energy industry in its effort to rein in Moscow’s evident designs on Ukraine. But analysts say simply persuading Western countries to boycott Russian oil and gas altogether wouldn’t necessarily work because of Europe’s reliance on Russian gas.
May 18, 2014
by Oilprice.com
Vacation At ‘The Door To Hell,’ Enjoy View To Burning Gas Crater!
The cosmopolitan delights of Azerbaijan’s boomtown capital Baku are well known to international oil industry types, so it’s not surprising that the authoritarian country is heavily promoting itself as a tourist destination.
May 18, 2014
by Oilprice.com
Coal: The World’s Deadliest Source of Energy
Coal is the largest source of electricity across the world, mainly because it is abundant and cheap. But a string of coal mining accidents this week has served as a stark reminder that coal also remains the world’s most deadly source of energy.
May 17, 2014
by Oilprice.com
Increased Oil Production Offsets Effects of Geopolitical Tensions
Saudi Arabia’s Oil Minister Ali al-Naimi said on May 12 that his country would make up for any shortfall that may result from the conflict in Ukraine. After pro-Russian eastern separatists held a referendum last weekend and voted to secede from Ukraine, many in the West worried that another round of annexation by Russia was imminent.
May 12, 2014
by Oilprice.com
$1 Trillion in Fossil Fuel Projects Threatened From Climate Action
A new report from the Carbon Tracker Initiative (CTI) finds that there is $1 trillion worth of fossil fuel projects expected over the next decade that could be thrown into doubt if governments begin to take action to curb greenhouse gas emissions.
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