U.S. drillers are idling rigs at a record pace

The U.S. rotary rig count from Baker Hughes was down 48 at 1,310 for the week of February 20, 2015. It is 461 rigs (26.0%) lower than last y...

Greenhouse emissions growing - World not doing enough

Climate change still remains one of the most pressing environmental and social issues and world leaders are yet to do anything meaningful ab...

Coal and gas usage continues to grow on global level

The oil is still the world's most important energy source but the use of coal and natural gas continues to grow in significance, accordi...

Carbon capture and storage can lead to less CO2 emissions

Burning fossil fuels releases large quantities of carbon dioxide, a harmful greenhouse gas which is held mostly responsible for climate chan...

Energy history facts

From ancient times people use various energy sources. Geothermal energy were used for springs and heating, hydro and wind energy were used f...

Fossil fuels receive more subsidies than renewables

The fossil fuel lobbies like to point to the fact that renewable energy sources are being heavily subsidized. Though this has been pretty mu...

Oil spill facts

An oil spill is an unintentional release of crude oil or refined oil products into the environment. Oil spill is a form of pollution. The te...

Global oil facts - statistics

At the end of 2009, there were 1333.1 billion barrels of proved oil reserves (this number doesn't include Canadian oil sands) according ...