With violence on the rise, including a recent attack on a major oil pipeline, it may be only a matter of time before international oil companies lose their stomach for post-war Iraq, Graeber writes.
Oil super majors' performance hasn't been very impressive of late, Alic writes. They might have to get smaller to get bigger if they wish to avoid being rendered irrelevant by the growing ranks of juniors, she adds.
Brown explains his renewed fondness for energy-related equities, despite the energy sector being a huge laggard last year.
BP and Exxon Mobil have taken opposite sides in the escalating conflict over oil between the Iraqi central government and the Iraqi Kurds, Alic writes.
Chevron has signed agreements with Morocco officials that give the US company rights to explore for oil in three offshore sites, Alic writes. Chevron and other oil majors are hardly shaken by recent events in the North African Sahel, she adds, including the Algeria hostage crisis.
From the fracking revolution to the CAFE standards to India's record blackout, 2012 had plenty of energy stories. Vote for your pick of top energy story for the year.