ExxonMobil Caught in Iraq Political Standoff
ExxonMobil has been removed from a list of bidders for Iraqi energy exploration rights amid political tensions between the Middle Eastern state and the Kurdistan Regional Government (KRG).
ExxonMobil has been removed from a list of bidders for Iraqi energy exploration rights amid political tensions between the Middle Eastern state and the Kurdistan Regional Government (KRG).
As support for ethanol wanes, algae-based biofuels are beginning to attract interest from some heavy-hitters in the energy industry.
Although overshadowed by the Alberta oil sands, offshore drilling on Canada’s east coast holds some interesting prospects.
CNBC reports that Exxon Mobil's (NYSE:XOM) oil pipeline that spewed crude oil into Montana's Yellowstone River was temporarily shut down in May.
Oil companies are hoping this latest major find will provide further justification for speeding up the permit issuing process for deepwater drilling in the Gulf of Mexico.
Reuters Africa reports that Exxon Mobil Corp (NYSE:XOM) has made two significant new oil discoveries and a natural gas find in the Gulf of Mexico.
Shale gas has already been dubbed a ‘game changer’ for US energy markets - these three hotspots may prove to be just as fruitful.
Legislation set to be tabled in the US Congress this week should provide a boost to the natural gas industry if it passes as expected.
Poland’s reserves of shale gas may be as much as 3 trillion cubic meters, according to estimates by geologists and energy consultants, potentially making the country a net exporter of gas and reducing Europe’s dependence on Russia.
The Trans Alaska Pipeline was shut down on Saturday following the discover of a leak at an intake pump station at Prudhoe Bay, constricting supply in one of the United States' key oil arteries.
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