Russia's state gas company will soon begin surveying for a pipeline through the Black Sea. That pipeline will carry Russian gas to Turkey and into Europe, sidestepping routes through Ukraine that have been shut off amid political disputes.
The debate over lifting the ban on US oil exports is heating up in Washington. Allowing for crude oil exports could create US jobs, writes Michael McDonald, and push down the international price of oil.
Western sanctions on Russia haven't stopped Royal Dutch Shell from partnering with Russia's Gazprom on several projects, writes Charles Kennedy. Many of the projects will help Russian gas get to Europe.
Production from US shale fields is likely to slow, as low oil prices challenge the economics of unconventional drilling, Nick Cunningham writes. But that doesn't mean oil prices will rebound any time soon.
The next century of oil will likely be very different from the last, Gordon writes. This shifting petroleum paradigm is confounded by outdated myths.
Low oil prices have left oil mega-producers like Russia and Venezuela reeling, writes Nick Cunningham. Now, Russia's state oil company is giving Venezuela's state oil company a loan to boost production.