Greece is turning to offshore oil and gas as a potential source of revenue, despite having almost no existing oil and gas production to begin with.
Shell is on track to begin drilling in US Arctic waters by the end of July, writes Andy Tully. But getting to this point has been difficult for the oil major, and weather and other obstacles remain.
The Greek debt crisis is sowing divisions in Europe, Nick Cunningham writes, and that could be to Russia's advantage.
Canada hopes new emissions rules will get the long-delayed Keystone XL pipeline one step closer to US State Department approval. The pipeline would carry 830,000 barrels of Canadian oil sands to US Gulf Coast refineries daily.
The deadline for Iran nuclear talks is looming, and a successful deal would mean must more Iranian oil on the world market. As Nick Cunningham writes, Western oil majors are among those clambering to invest.