Somalia: Oil thrown on the fire
Energy companies scrambling for reserves risk opening up dangerous faultlines in the war-shattered nation. By Katrina Manson
ARCHIVED
Oil
Resources
Opec has struck an an upbeat tone about the oil market for this year, anticipating prices of around $110 a barrel on average for 2013
Interactive
Europe oil groups raided on price setting
Probe into oil benchmarks comes in the wake of Libor manipulation scandal. BP, Statoil, Shell and Platts are among the companies being investigated
Dublin considers raising oil sector taxes
Irish government reviews fiscal regime amid warnings that tax rates are too low and that the country is failing to reap the rewards of oil discoveries
IEA predicts more growth in US oil supply
The impact of the shale revolution is made clear in the latest outlook by the energy watchdog, with it forecasting growth in North American supply
Oil tanker trade growth is fastest in a decade
Crude being shipped much longer distances as vessels sailing from West Africa and Latin America travel to India and China instead of US
Repsol aids Angola’s pre-salt oil search
Spanish group gives Sonangol access to its advanced seismic imaging technology in a bid to help the country model the oil-rich Kwanza Basin
Related content and features
Interactive
Unconventional oil and gas ‘hot areas’
Technology breakthroughs have allowed companies to extract reserves from reservoirs previously seen as impervious. This interactive graphic examines the areas that have attracted a high-level of interest from the industry and explains the five key types of unconventional oil and gas
Comment and Analysis
North Sea: Up from the depths
Despite fears the UK’s offshore oil industry is a spent force, investment is set to hit a record this year as companies pursue more complex projects
Sub-$100 crude oil fails to raise Opec’s hackles
Even as the price has weakened from a high this year of more than $119, Opec members appear to be resisting the temptation to act
Energy: More buck, less bang
As oil companies venture further into remote areas in search of the world’s remaining reserves, their costs have soared. By Sylvia Pfeifer and Guy Chazan
Abandoned oil discoveries enjoy revival
A combination of high oil prices, better technology and generous tax breaks make it economic to lift deposits that were previously ignored
Pressure on margins at European refineries
Pressure on margins comes even as European and Asian refineries enter peak maintenance season, when seasonal disruptions tend to aid prices
Reserves: oil well that ends well
The RRR tells investors the extent to which companies are replacing the oil they produce. If it is persistently under 100%, it spells long-term trouble
Oil demand is set to fall in the age of gas
Long-held beliefs about energy demand and prices are being turned on their head by fracking and fuel-efficiency measures, says Seth Kleinman
More stories
