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Article Archive | Page 1487

Ukraine's Energy Sector Retreats Behind Iron Curtain

Dec 04, 2013 at 17:56

Ukrainian energy company Naftogaz said it agreed with Russian gas giant Gazprom to defer payments for winter gas supplies until early 2014. With Ukraine embroiled in protests, and Europe making…

Frack-Water Recycling, an Emerging Market

Dec 04, 2013 at 17:49

Some 21 billion barrels of wastewater a year flows from oil and natural gas wells in the US, and while the market to recycle frack water has been slow to…

Louisiana Loses ‘Millions’ in Oil Extraction Tax Glitch

Dec 04, 2013 at 17:44

Procedural inadequacies at the Department of Revenue have reportedly cost the state of Louisiana millions of dollars in oil and gas extraction taxes between 2009 and 2012, according to the…

The Mumbo-Jumbo of the Oil Markets

Dec 04, 2013 at 17:37

There is something awfully similar between black crude oil and black magic; both are equally incomprehensible to the uninitiated and only insiders understand how it really works. How…

Why are Gas Prices Falling, and How Long will the Trend Last?

Dec 04, 2013 at 17:35

Filling up at the local gas station yesterday I noted that prices are still below $3.00 a gallon, though at $2.99 only just below. Going back to the BBC…

If You're Not Excited About Coal, You're Not Watching

Dec 04, 2013 at 08:37

I've been on this topic a lot lately. But thermal coal continues to shape up as one of the most exciting stories of 2014.Last week came more confirmation.…

Trans-Adriatic Pipeline Takes Step Forward

Dec 03, 2013 at 17:03

The Trans-Adriatic Pipeline (TAP) cleared an important hurdle on December 2nd when the Greek Parliament ratified a host agreement to allow access through Greek territory. The move was important…

No Need for More Iranian Oil, U.S. Says

Dec 03, 2013 at 16:55

Iran says it expects a major boost in oil exports now that it has a nuclear deal in hand. In a sign the market is able to do without, however,…

Supply Considerations Key As OPEC Members Head To Vienna

Dec 03, 2013 at 16:52

The Organization of Petroleum Exporting Countries (OPEC) is preparing to convene this week in Vienna for its final quota-setting meeting of the year. Potential tension may arise from attempts to…

China’s Sinopec Eyes Stake in Canadian LNG Project

Dec 03, 2013 at 16:49

China's state-owned Sinopec is said to be in talks with US-based Apache Corporation to acquire a stake in a $15-billion natural gas export project in British Columbia.  Chevron…

UK Gym Runs on Electricity Generated by Member’s Workouts

Dec 03, 2013 at 16:47

As energy costs rise, a health club in Bristol has installed new equipment to harness the power of their customers.A health club in Bristol has installed new equipment…

More Mining Uncertainty as Honduras Elects New President

Dec 03, 2013 at 16:43

Right-wing candidate Juan Orlando Hernandez is set to become the next president of Honduras following 24 November elections, and the mining sector is on edge, unsure whether the regime change…

Indonesia Rejects Extension of Chevron Oilfield Contract

Dec 02, 2013 at 17:16

Indonesian authorities have rejected the extension of a Chevron oilfield contract, which will be handed over to state-owned oil company Pertamina, as the country moves towards curbing the influence of…

Rising Slag Heaps of Petcoke in Midwest Arouse Environmental Concerns

Dec 02, 2013 at 17:13

One by product of the long-delayed Keystone XL pipeline decision is that rising volumes of Canadian crude, particularly Alberta oil sands, are being refined in the Midwest rather than being…

Europe and Its Slippery Energy Slope

Dec 02, 2013 at 17:09

BRATISLAVA, Slovakia -- Europe, at present the world's largest market and largest economic bloc, is in decline and living standards are in danger. That was the sober message at an…

Rosneft, Eni Ink Key Oil Supply Deal

Dec 02, 2013 at 17:06

Russia's Rosneft and Italy’s Eni have announced they will sign an agreement on mutual oil supplies to European refineries. The new agreement comes amid increased cooperation and…

Higher U.S. Oil Drilling Has An Unexpected Effect

Dec 02, 2013 at 17:02

Platts reported some unusual findings last week as part of a new study.Looking at oil versus natural gas drilling in the U.S.The analysts found that since…

Andrea Rossi’s Official ECAT Website Ready to Accept Orders for 1MW Unit

Dec 02, 2013 at 16:59

Andrea Rossi, founder, leader, and technology driver at Leonardo Corporation has opened the ECAT LENR device’s web site where pre-orders can be made.  For those concerned about the risks,…

Is Oil in These Out-of-The-Way Places The Next Big Play?

Dec 02, 2013 at 09:17

Very odd news in the international crude markets this week.Reports confirm a first-of-a-kind event in this space. Oil consumers in India buying crude from a far-away place: Eastern…

Small Company’s New Subsea Wellhead Tap Design Attracts Oil Majors Interest

Nov 29, 2013 at 16:39

As offshore drilling moves into deeper waters, new engineering techniques are needed to cope with temperatures that can hit 150 degrees Celsius, with crushing pressures that can exceed 25,000 pounds…

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