follow us like us subscribe contact us
Loading, please wait

Energy / Energy-General

OIlprice.com's Energy section focuses on all energy related topics that can't be easily classified in our other categories. Topics covered are fossil fuel energy, solar energy, wind energy and many other types of energy sources.

  • Kyrgyzstan Looks to Alternative Fuels Ahead of Looming Winter Shortages

    Each winter in Kyrgyzstan the energy situation seems to worsen; blackouts last longer, and officials seem less able to do anything to improve conditions. This year is expected to be particularly difficult. The winter heating season has not even begun and already lots of people are bracing for months of hardship. A video, posted October 12 on YouTube, depicting Kyrgyz doctors having to perform open-heart surgery amid a sudden blackout, is helping to heighten anxiety about the coming winter. In another alarming signal, Bishkek’s local energy-distribution company, Severelectro, sent out advisories with recent utility bills, describing the situation as “critical” and…

  • Falling Oil Prices: Good News for the Pump

    Oil prices continued to fall this week on ample supply and signals from OPEC members Saudi Arabia and Kuwait that they can deal with lower prices and are unlikely to reduce output.On Monday, Brent crude futures dropped further to $87.74 a barrel—the lowest level since December 2010--while WTI futures were down to $84.68 a barrel. Saudi Arabia, for its part, has suggested it could handle $80/barrel prices. On Tuesday, Brent crude prices slipped further, to $87.03.Kuwait has also said that it will not be cutting output and predicted prices falling to as low as $76 a barrel before winter sets…

  • Dealing With Losses

    Unfortunately most investors in general and energy investors in particular are probably looking at some pretty alarming losses in their portfolios after the events of the last few weeks. Over time your performance as a trader or an investor doesn’t depend on whether you have any losses, as some positions going against you is one of the few certain things in a trader’s world. What counts in the long run is how you deal with them when they come.Understanding that not all investments will work out is the first step in dealing with adversity. If you know that sometimes even…

  • Australia‚Äôs Energy Policy Is Simple. Listen To The UN And Do The Opposite

    Australian Prime Minister Tony Abbott’s energy policy seems to stick to one iron-clad mantra: Whatever the United Nations advises, do the exact opposite. While this might seem like a flight of fancy chosen to make this article’s lede a little sexier, evidence is piling up. Last May, ahead of the UN Climate Change Summit, the World Bank teamed up with a number of countries and corporations to move the needle on carbon pricing. No longer did this group think it necessary to argue over whether carbon pricing was necessary, instead, it sought to establish a fair price for carbon. Rachel…

  • World War III: It's Here And Energy Is Largely Behind It

    I've been advancing a thesis for several months with friends that World War III is now underway. It's just that it's not the war we thought it would be, that is, a confrontation between major powers with the possibility of a nuclear exchange. Instead, we are getting a set of low-intensity, on-again, off-again conflicts involving non-state actors (ISIS, Ukrainian rebels, Libyan insurgents) with confusing and in some cases nonexistent battle lines and rapidly shifting alliances such as the shift from fighting the Syrian regime to helping it indirectly by fighting ISIS, the regime's new foe.There is at least one prominent…

  • Buy This Stock To Take Advantage Of Both Oil And Equity Weakness

    As stock markets and oil prices tumble in tandem, savvy investors will be aware that such a situation creates some opportunities. Some of the fall in oil prices is down to increased supply of crude, and no doubt some of the stock market decline is a natural and probably healthy correction after 18 months of solid gains. There is, however, one fear that is driving both lower: worry about a global slowdown, particularly in Europe and China. If that materializes, most economies will be affected, but recent data suggest that the U.S. economy is so far continuing on its path…

  • Caspian Sea Could Be Key To Russian Control Of Eurasian Energy Markets

    The world’s favorite hotbed of instability, the Caspian Sea, has finally earned the right to be called, well… a sea. This is the unexpected epiphany of the September 29th Caspian Sea Summit that brought together the rulers of Iran, Russia, Azerbaijan, Kazakhstan and Turkmenistan to the cozy coastal Russian city of Astrakhan. The usually yawn-inducing Summit, now in its fourth edition, ended the 18-year old debate on whether the Caspian should be legally seen as a sea or a lake. Granted, questions of geographical metaphysics don’t seem to make a very fertile ground for momentous paradigm shifts in the way…

  • The 10 Biggest Energy Company Bankruptcies

    Running a multi-billion dollar energy company isn’t easy. Just ask the executives in the corner suites of some of the energy companies that have gone bust over the years. Some, like Enron, were brought down because of insider malfeasance. A few, like ATP, blamed damaging government policies, while others went off the rails due to market forces that left the company and its shareholders flat-footed, deep in debt, and eventually broke. Here are the bankruptcies that will be etched into the tombstones of failed energy fortunes for time immemorial.1.    Enron. Bankrupt December 2, 2001. Assets $65.5 billionEnron grew from a…

  • LEGO Bows To Greenpeace Campaign, Breaks Ties With Shell

    LEGO, whose toy building blocks are known for charming children’s constructions, will end its five-decade marketing ties with Royal Dutch Shell under pressure from Greenpeace, which says the oil company is guilty of vast pollution and has been exploiting LEGO to improve its image.Greenpeace began a campaign in July to bring public pressure on the Danish toy manufacturer to end its contract with Shell, the Anglo-Dutch energy giant, and so far has gathered slightly more than 1 million signatures – short of its goal of 1.25 million – on a petition to pressure LEGO.Much of the focus of the Greenpeace…

  • Crude Oil And Energy Stocks Suffer As Natural Gas Futures Brighten

    Weekly Crude Oil OutlookSupport for crude oil futures continued to erode last week due to concerns about high supply. Technically, both Brent and West Texas Intermediate (WTI) crude oil are both headed toward bear market territory for the year as they rapidly approach a 20% correction from their 2014 highs.   Supply concerns continue to be triggered by overproduction by the U.S., Russia and Saudi Arabia. Improvements in drilling technology are helping to drive up supply in the U.S. while Russia is most likely selling crude oil to raise cash due to the effects of the European sanctions on the country.…