Opec drives oil production up
24 February 2011
World crude production rose by 0.5m b/d in January, to 86.2m b/d on the back of higher Opec oil and NGLs supply
World oil output down on non-Opec dip
27 January 2011
GLOBAL oil production slipped by 270,000 b/d, to 85.76m b/d in December, as non-Opec supply fell because of brief weather-related and technical outages
Non-Opec supply swells global oil production
14 December 2010
The world's oil supply rose by 380,000 b/d in November, says the International Energy Agency (IEA), reaching 85.81m b/d
Crude prices strong, but North American gas keeps falling
28 October 2010
Oil prices remain firm, with New York's front-month contract trading at around $81/b on 22 October
World oil production dips, as Iraqi output climbs
28 October 2010
Global oil supply dropped by 150,000 b/d, to 87.72m b/d, in September on the back of lower non-Opec output
Gazprom's first quarter: a tale of two markets
30 September 2010
Russian gas prices rose by 34% in the first quarter of 2010, helping Gazprom more than triple its net profit for the three-month period.
Opec holding steady
30 September 2010
Fears of an economic relapse should stop Opec from changing its oil production quotas at next month's meeting, writes Tom Nicholls
GDF Suez bullish on European gas demand
30 September 2010
DEMAND for natural gas in Europe will begin growing steadily again in 2012-14 as coal-fired electricity-generating capacity is replaced with gas-fired plants, says GDF Suez. But the market will tighten as supplies begin to hit a plateau, or drop
Oil market softens, as Opec prepares to meet
30 September 2010
Despite holding close to Opec's $75/b target, oil prices have weakened as fears of further economic turmoil and burgeoning inventories continue to hang over the market
Production dips on Opec and non-Opec figures
30 September 2010
Global oil production fell by 250,000 b/d month-on-month to 84.6m b/d in August, mainly because of lower non-Opec output, which slipped by 0.2m b/d to 52.4m b/d, says the IEA
Crude prices slide
1 September 2010
Oil prices, which topped more than $82/b earlier in August, were softening as the month moved on, amid renewed worries over the global economy, record-high stocks in the US and a dip in Chinese demand
Oil production up on hot summer, US baseline and Chinese supply
1 September 2010
Global oil output rose by 0.86m b/d to 85m b/d in July, as seasonal maintenance in Norway ended and Opec boosted supply
Blame row threatens Niger Delta clean-up progress
31 August 2010
The argument over whether it is thieves and saboteurs, or oil companies that are mainly to blame for oil-spill damage in the Niger Delta is threatening progress in cleaning up the region
Cenovus open to Chinese investment
26 August 2010
Cenovus's extensive oil-sands resources mean "decades of double-digit growth". And the firm may accelerate development through a series of partnerships – possibly with Chinese investors. Chief executive Brian Ferguson talks to Tom Nicholls
Crude prices slide
19 August 2010
Oil prices, which topped more than $82/b earlier in August, were softening as the month moved on, amid renewed worries over the global economy, record-high stocks in the US and a dip in Chinese demand
Karachaganak group will sell stake to state
19 August 2010
Shareholders in Karachaganak Petroleum Operating (KPO), the last foreign-only consortium running a large project in Kazakhstan, will cede 10% of the project to the state.
Canada's deep, Arctic waters attract big oil
19 August 2010
Several of the world's largest oil and gas producers are extending their reach into the deep-water Canadian Beaufort Sea
UK nuclear needs market reform
12 August 2010
WITH a commitment to cut carbon emissions by 34% by 2020, and little of its own money to spend, the UK government needs to encourage private investment into low-carbon generation. Nuclear power must play a key role in this, but there are regulatory obstacles to the kind of long-term investment needed. A carbon floor price and an obligation for traders to buy low-carbon power under long-term contracts are the two sticking points.
Matthew Simmons, guru of peak-oil movement, has died
11 August 2010
MATTHEW Simmons, the industry insider who broke ranks to proclaim the dangers of peak oil, died at his home in North Haven, Maine on 9 August. He was 67.
Gulf oil spill: Wasted reputations
5 August 2010
Stopping the flow from the Macondo well is not the end of the Deepwater Horizon affair. Along with BP, environmentalists and the US government must rebuild credibility that has been lacking in the aftermath of the accident
BP's US downstream business, an attractive asset
3 August 2010
BP's asset-sale programme will be critical to the company's efforts to reassure investors, but is its US refining and marketing business the right asset to sell, asks Miles Lang