Fuel Fix

Energy industry publisher Hart Energy announced that Frederick L. Potter, the Houston firm’s executive vice president and a board member, died after a two year battle with cancer.

U.K. energy company Centrica has reached an agreement with French oil major Total SA to buy oil and gas assets in the central North Sea for $388 million.

Risk appetite blunted by lacklustre economic activity data from the eurozone and China, and doubts over Athens’ ability to enact reforms

Republican presidential hopeful is ‘a person of faith’ who talks of evil and comes across as having the credentials of a preacher

North Sea Brent crude-oil futures were 1% higher at nine-month highs near $123 a barrel amid rising tensions over Iran's nuclear efforts.

This is a guest post by Tobias Rasmussen, Senior Economist, Middle East and Central Asia Department, IMF, and Agustin Roitman, Economist, IMF. This post originally appeared on the VoxEU.org website here.

Recent developments in oil markets and the global economy have, once again, triggered concerns about the impact of oil price shocks around the world. This column wonders whether the fuss is really necessary. It presents evidence of relatively small negative effects of oil price increases.

Increases in international oil prices over the past couple years, explained partly by strong growth in large emerging and developing economies, have raised ...

With commodity prices soaring and land values at record highs, agriculture is enjoying a windfall but the good times have not escaped notice in Washington

Australian foreign minister blames ‘faceless men’ for decision, amid speculation he will challenge Julia Gillard for Labor party leadership

By Michael J. Economides I have waited for a couple of months for 2012 to mature before I put this piece out. (Even with past successes in predictions the anemic economy and the US elections make for a difficult punditry on the future.) The New Year opened with a sobering warning on energy policy and [...]

Business leader says investors are poised to put money into projects provided reforms create framework to protect their investments

Nigeria’s state-run oil company says Exxon Mobil Corp. has signed 20-year leases on three major oil fields in the West African nation.

The United States and Mexico have agreed to cooperate in oil and gas developments along the maritime border between the two countries in the Gulf of Mexico.

Statoil has awarded Technip a NOK 1.2 billion ($212 million) contract for marine operations on the Ã…sgard seabed compression project in the Norwegian Sea.

Threat to economy could force IEA to release oil

(Reuters) - Political leaders in the United States and Europe could soon face an uncomfortable choice between raising the pressure on Iran further or taking steps to safeguard their economies from the damage wrought by rising oil prices.

Confrontation with Iran and a series of supply disruptions in South Sudan, Syria and Yemen have pushed prices back to levels that derailed the recovery in the United States and Europe last year, and could do again in the first half of 2012.

If prices continue rising, releasing oil from government-controlled stockpiles will ...

Royal Dutch Shell has appointed Andrew Brown as upstream international director.

Benchmark New York crude-oil futures pull back from a nine-month high Wednesday, as the dollar clicks higher and European and Chinese data show weakness in the manufacturing sector.

The Obama administration will announce its long-awaited proposal for corporate tax reform, proposing to cut the present 35 per cent rate

VANCOUVER, Feb. 22, 2012 /PRNewswire/ - Garibaldi Resources Corp. (TSX.V: GGI) (the "Company") is pleased to announce the appointment of Dr. Craig Gibson to its Board of Directors. Dr. Gibson holds a Ph.D. in Economic Geology Geochemistry from Mackay School of Mines, University...

TAMPA, Fla., Feb. 22, 2012 /PRNewswire/ -- TBSS International, Inc. (OTCQB: TBSS.OB) ("TBSS"), an international service company with service contracts in gold mining, oil drilling, water well drilling, trenching and construction and energy efficient lighting, announced the filing of...

West Texas isn't all drilling rigs, oil wells and pump jacks. The region is rapidly raising its profile as a global powerhouse for wind energy.