Obama's five-year plan for offshore drilling opens up the Southeast coast and grandfathers Arctic leases—but the industry is still griping because it would keep ANWR off limits.
Experts tell us the North American shale oil boom is responsible for low prices despite Middle East unrest. But the price slump serves Western aims of weakening Russia and Iran.
The president of Colombia's Ecopetrol, Javier Genaro Gutiérrez, announced that the state oil company will start processing licenses for the use of fracking technology.
The new Iraq crisis sparked a brief oil shock, but prices have since stabilized. We are told this is due to the North American energy boom—but are prices set to surge again?
Leaked e-mails reveal that Austrailia's Karoon Energy provided "technical support" in the proposed reform of Peru's hydrocarbon law that would loosen oversight of oil exploration.
China is proposing a Free Trade Area of the Asia Pacific (FTAAP) in a race with the US-backed Trans-Pacific Partnership (TPP) for hegemony in the Asia-Pacific region.
Hewlett-Packard is being fined for bribing oil company officials in Mexico; meanwhile, the US is investigating possible corruption in Citigroup's Mexican operations.
The IMF imposes austerity on Ukraine as Russia jacks up gas prices. Meanwhile, the global industry exploits the crisis to fast-track exports of fracked gas as a "lever against Russia."
The gas rig fire off Louisiana is portrayed as a near-miss at worst—while researchers predict a record “dead zone” the size of New Jersey in the Gulf of Mexico this year.
The US Supreme Court ruled unanimously in Kiobel v. Royal Dutch Petroleum to reject a suit brought by Nigerian refugees against Shell Oil under the Alien Tort Statute of 1789.
Tainted water poured for hours into Canada's Athabasca River before a broken pipe was sealed at one of the Suncor tar-sands plants that it is to supply the Keystone XL pipeline.
The US Geological Survey estimates there is seven to eight times more oil in the ground than the human race has yet consumed—and this constitutes the real threat to the planet.
