Preventing a Pirate Attack

Oil tankers are the floating goldmines of the ocean and it is of little wonder that pirates see them as attractive, if not imposing, targets. But with oil supplies supposedly running low, the last thing we need is for our precious barrels of liquid gold to fall into the wrong hands.

From Next Generation Oil and Gas

Currently, Europe’s ability to power itself is almost completely dependant on Russian energy supplies. Today, almost half of the EU’s natural gas imports come from Russia along with 30 percent of its oil supplies. As such, there is an increasing desire to diversify the continent’s energy suppliers - enter the Nabucco Pipeline. View the entire story

A look at the top Iranian crude oil export destinations, along with reserves, production and revenue from oil.

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A look at Gazprom Revenue and what their revenue is comparable to in the world, along with their natural gas production and reserves. View full article

Currently, domestic production and consumption is drastically out of kilter with only a handful of states actually pumping out a significant amount of fuel for national consumption. View full article

NG Oil and Gas News investigate how many years we have until we deplete all know oil reserves.

Next Generation Oil and Gas News take a look at the America’s dependancy on foreign oil?