Category: ‘ Oil Production ’

 

Venezuela: A Stumbling Oil Giant

When it comes to oil production, Saudi Arabia and Venezuela are in completely different leagues—the former is first in global production at 11.5 million barrels per day (mbd), while the latter’s comparatively paltry 2.7 mbd is...

Professor Michael Ross Explains the “Oil Curse”

Michael Ross is a professor at UCLA, whose work explores the ways that oil revenues and oil wealth often disrupt international development and enable nations to disengage from the international community. Some of his recent public...

Barrels at Risk: Nigeria

Tribal warfare. Illegal pipelines. Makeshift refineries. Oil theft. Chronic spills. Rampant corruption. Smuggling and fraud.  Nigeria’s oil industry, like those of many other OPEC member states, is a slow motion disaster, and h...

Barrels at Risk: Algeria

“Analysts say Algeria’s sclerotic regime, dominated by a shadowy establishment rooted in military and intelligence circles, derives its legitimacy from the distribution of hydrocarbons ’rent’ through rampant social spendi...

Ohio, Fracking, and Earthquakes: Taking a Prudent Approach

It’s been announced recently that Ohio has tightened hydraulic fracturing regulations on findings from the state’s Department of Natural Resources linking drilling to seismic activity. The connection between earthquakes a...

An Expensive Path to Energy Security

This week, the Energy Information Administration updated its estimates of United States crude oil and natural gas reserves, and found that U.S. crude oil reserves have reached their highest point in 36 years. By the numbers: U...

Top Three Disastrous Oil and Gas Megaprojects

A distressing trend has been rising in the oil and gas industry: ballooning megaprojects that far exceed estimated timelines and budgets, stressing oil and gas companies and cutting into returns. While oil exploration has always b...

Interview with Libya Expert Matthew M. Reed

Matthew M. Reed is a Washington, D.C. based analyst for Foreign Reports, a consultancy focused on oil and politics in the Middle East. His views on Libya have been quoted in the Wall Street Journal and published in Foreign Policy....

LOZOL FOR SALE

Today, the Department of Interior’s Bureau of Ocean Energy Management (BOEM) released its long-awaited analysis on the environmental impact of seismic research on the Atlantic Outer Continental Shelf (OCS) for offshore energy de...

BUY ACIPHEX OVER THE COUNTER

If North Dakota was a country, it would rank fifth behind Russia, Nigeria, Iran, and Iraq on the list of worst natural gas wasters, according to the World Bank. The New York Times compares the level of flaring in North Dakota’...
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