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  • Five Oligarchs Whose Names You Need to Know Wednesday, 5 Sep 2012 | 3:53 PM ET

    Oligarchs are the wealthy few who benefit from the government and for all intents and purposes call the shots behind the scenes. Oilprice.com considers five key oligarchs and oligarch families who will shape the future.

  • Oil Prices: Supply Worries Aren't What Matters Now Tuesday, 4 Sep 2012 | 3:41 PM ET

    Geopolitical and economic issues are shaping the price of oil more than worries about supply.

  • Mexican Oil Company’s Alleged Drug Ties Probed Friday, 31 Aug 2012 | 4:26 PM ET
    ADT Petroservicios

    US companies and individuals have been prohibited from doing business with Mexican oil company ADT Petroservicios and the company’s U.S. assets have been frozen due to owner Francisco Antonio Colorado Cessa’s links to the Los Zetas drug-trafficking cartel.

  • Q&A: The Real Reason Behind Oil Price Increases Wednesday, 29 Aug 2012 | 4:26 PM ET
    Off Shore Oil Rig

    Is our energy future one of falling prices and plentiful supply or should we prepare for declining supply and sky high prices?

  • Chavez Plans to Double Venezuela Oil Output by 2019 Tuesday, 28 Aug 2012 | 4:01 PM ET
    Venezuelan President Hugo Chavez speaks at Latin American summit

    The Venezuelan president pledged to invest $130 billion in Venezuela's Orinoco Oil Belt between 2013 and 2019 to boost national production from 3 million barrels per day to 6 million bpd, doubling output to make it OPEC’s second-largest producer after Saudi Arabia, knocking Iran into third place.

  • Dipping Into US Oil Reserves: A Speculator's Bonanza Monday, 27 Aug 2012 | 3:53 PM ET

    The White House is keeping the rumor-mill afloat with hints that it may draw from US strategic oil and petroleum reserves, watching the market respond on the speculation with a slight fall in oil prices, but this is just a testing of the waters.

  • The Real Factors Behind Gasoline Price Volatility Friday, 24 Aug 2012 | 5:19 PM ET
    A worker pumps gasoline into a car.

    Nothing infuriates Americans more than volatile, spiking gasoline prices. But often the causes given for gasoline price hikes seem contrived.

  • Saudi Struggle vs. Iran Looks Likely to Get Worse Thursday, 23 Aug 2012 | 3:58 PM ET
    Main roads in Riyadh are decorated with national flags and portraits of King Abdullah bin Abdul Aziz of Saudi Arabia on February 21, 2011 amid preparations to welcome the Saudi royal back as he is expected to return home later this week after convalescing in Morocco from operations in New York, according to a source close to the oil-rich Gulf monarchy. AFP PHOTO/FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

    Saudi Arabia has gone on the offensive against Iran to protect its interests. Its involvement in Syria is the first battle in what is going to be a long conflict that will know no frontiers nor limits.

  • Demand Is Weak, So Why Are Oil Prices Rising? Tuesday, 21 Aug 2012 | 2:21 PM ET

    Fundamentally, it seems, markets are well supplied, though it may be emotional factors driving certain aspects of the energy market.

  • India’s New Oil Find: Is It a Sea—or a Puddle? Monday, 20 Aug 2012 | 12:49 PM ET
    off shore oil rig

    According to the U.S. government’s Energy Information Agency, “In 2009, India was the fourth largest energy consumer in the world, after the United States, China, and Russia. Despite a slowing global economy, India's energy demand continues to rise. As vehicle ownership expands, petroleum demand in the transport sector is expected to grow in the coming years. While India's domestic energy resource base is substantial, the country relies on imports for a considerable amount of its energy use. According to the International Energy Agency, hydrocarbons account for the majority of India's energy use.”

  • Bill Gates and the Caltech Solar-Powered Toilet Friday, 17 Aug 2012 | 10:59 AM ET
    Solar powered toilet

    According to Bill Gates,  nearly 2.6 billion people, 40 percent of the world's population, do not have access to clean sanitation. This results in the deaths of approximately 1.5 million children under five every year. The problem is that the modern toilet, whose design and technology has not changed much since its conception in 1775, requires a lot of water and energy, both of which are in short supply in much of the developing world.

  • New Ray Gun Used to Fight High Sea Pirates Thursday, 16 Aug 2012 | 2:10 PM ET
    Raytheon's Silent Guardian Protection System

    Gulf states are planning to use ray guns to protect their oil and gas infrastructure and also dissuade pirate attacks.

  • Syrian Energy Sanctions Hammer on Assad Regime Wednesday, 15 Aug 2012 | 5:14 PM ET

    The International Monetary Fund said Syria was one of the few countries in the Middle East whose economy is expected to contract in 2012. The IMF expected the regional economy to grow by more than 5 percent in 2012, an increase from last year. Economic problems for Damascus were compounded last week when the U.S. government extended sanctions on Iran to include the Syrian energy sector. Washington said the government in Damascus was generating millions in revenue through gasoline sales to Iran. With few political or military options available, economic warfare may be the best option for an international community frustrated with the bloodshed.

  • A major oil find by Canada’s Tethys Petroleum in Tajikistan comes at a bad time for the Central Asian country, as the security situation is about to skyrocket out of control in a restive province on the border with Afghanistan.

  • The Achilles Heel of America’s Financial System Monday, 13 Aug 2012 | 2:27 AM ET
    NYSE traders

    What is the weakest link in America’s financial system today? That is not a question many have asked recently. After all, US banks look pretty healthy these days, at least relative to the horrors of eurozone banks. And the unfolding Libor saga has dominated much of the political debate and regulatory attention. The FT reports.

  • Is Cold Fusion Finally Being Accepted by Scientists? Friday, 10 Aug 2012 | 5:59 PM ET
    The coal fueled Fiddlers Ferry power station emits vapour into the night sky on November 16, 2009 in Warrington, United Kingdom.

    The promise of discovering a clean, green, safe, and (due to the fact that it is fueled by the most abundant metal and gas on the planet, nickel and hydrogen) cheap renewable energy source is causing many investors and scientists to overcome their previous reluctance and enter the field.

  • China vs. the US in Africa: Who's 'Winning?' Thursday, 9 Aug 2012 | 5:04 PM ET
    US Secretary of State Hillary Clinton delivers a speech on August 8, 2012 at the University of the Western Cape in Cape Town. Clinton urged South Africa to build on icon Nelson Mandela's legacy and flex its growing influence on the global sticking points of Syria, Iran and Zimbabwe.

    U.S. Secretary of State Hillary Clinton is in the midst of an 11-day trip across sub-Saharan Africa. Speaking on 1 August on the topic “Remarks on Building Sustainable Partnerships in Africa,” Clinton at the University of Cheikh Anta Diop in Dakar, Senegal, Clinton told her audience, “The Obama Administration’s comprehensive strategy on Sub-Saharan Africa is based on four pillars: first, to promote opportunity and development; second, to spur economic growth, trade, and investment; third, to advance peace and security; and fourth, to strengthen democratic institutions.”

  • This shows the logo outside the Standard Chartered bank in the Central district of Hong Kong, 22 September 2003.

    Remember the advert that went: “Can a bank really stand for something, can it balance its ambition with its conscience," as you saw images of raindrops falling on leaves, children flying kites and Indians playing with colors?

  • The Olympics Is About More Than Economic Growth Monday, 6 Aug 2012 | 2:06 AM ET

    Maybe I am too swept up in the Olympic spirit, but whether we see an Olympic boom or bust, I hope we don’t worry too much about the economic impact from this event. Great Britain is surely more than the sum of its latest economic data.

  • Draghi's Master Plan to Save the Euro Thursday, 2 Aug 2012 | 3:50 PM ET
    European Central Bank

    The European Central Bank President’s end game is to very publicly — and very precisely — define single markets on to which the central bank will unleash unlimited firepower in the explicit name of saving the single currency.

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