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The AI Revolution Has a Problem: Energy

The AI Revolution Has a Problem: Energy

On the one hand, artificial…

Energy / Energy-General

Statoil, Total Withdraw from Turkey Pipeline Plans

Dec 23, 2013 at 18:46 | James Stafford

France’s Total SA and Norway’s Statoil are pulling back from the planned Trans-Anatolian Natural Gas Pipeline (Tanap) over soaring cost estimates, paving the way for Turkish companies to raise their…

Consulting, the Bane of the Oil & Gas Industry

Dec 20, 2013 at 11:09 | James Stafford

An interesting document published by Wikileaks reveals how oil companies have attempted to handle the challenge posed by environmental opposition to the North American shale boom—and how they were wrong-footed…

Forget LNG - This Secret Export Market is The Next Place For Petroleum Profits

Dec 19, 2013 at 21:56 | Editorial Dept

Arbitrage is one of the simplest ways to make big money. Take something worth little and move it to a place where it’s worth a lot.

What Next for Repsol and Venezuela?

Dec 19, 2013 at 21:48 | Southern Pulse

Bottom Line: After Petroleum Minister Rafael Ramírez announced on 4 December 2013 that Spanish oil and gas company Repsol and the Venezuelan government would be signing an agreement to invest…

US to Become Less Dependent on Foreign Oil -- be Careful What you Wish for

Dec 18, 2013 at 17:10 | Claude Salhani

The US Energy Information Administration released on Tuesday an early version of its Annual Energy Outlook for 2014.  The main item being that the United States will continue to develop…

Japanese Optimistic on Putin’s Intentions to Develop Siberia

Dec 18, 2013 at 17:08 | John Daly

The Obama administration earlier this year made a great show about its intention to “pivot” U.S. economic and military interests towards Asia.Now the Russian Federation appears to be…

Canadian Arctic Port Presses Forward on Oil Exports

Dec 16, 2013 at 16:57 | John Daly

Global warming has revived hopes amongst nations with Arctic coastline that thawing can lead to the development of previously unavailable hydrocarbon resources. In Canada, U.S. rail company OmniTRAX…

Japan Passes Energy Sector Reform in Wake of Fukushima

Dec 16, 2013 at 16:53 | Global Risk Insights

The Fukushima nuclear crisis certainly had profound implications for Japan. In November 2013, Japan’s lower house and upper house successively passed legislation to start electricity sector reform in 2015.…

What Does Shell’s Decision to Cancel GTL Plant Say about US Shale Gas Boom?

Dec 16, 2013 at 16:46 | Kurt Cobb

When civil rights advocates grew restless because of President Richard Nixon's right-wing rhetoric on the issue of desegregation, then-Attorney General John Mitchell told them, ''Watch what we do, not…

Three Issues you Might have Missed about Energy Reform in Mexico

Dec 13, 2013 at 18:34 | Jeremy Martin

On December 7 Mexico’s Congress formally introduced legislation aimed at a major overhaul of the nation’s energy sector. At the core of the measures are amendments to the Mexican Constitution.…

Who is to Blame if the US doesn’t Achieve Energy Independence?

Dec 13, 2013 at 18:26 | Kurt Cobb

Will anyone who is currently predicting U.S. energy independence be punished if the story turns out to be wrong? I ask because the story--and that's all it is right…

Peru at a Hydrocarbons Crossroads

Dec 13, 2013 at 14:10 | Southern Pulse

Analysts searching for leading indicators of Peru's political direction need look no further than the country's oil sector. Recent events have demonstrated that, like many of its neighbors, Peru is…

This Week in Energy: Modernizing Mexico’s Energy Sector

Dec 13, 2013 at 13:44 | James Stafford

Much ado about opening Mexico’s energy sector to Private investment, and a flurry of activity around Iran’s post-Geneva energy sectorThis week, the Mexican Senate granted its general approval…

Budget Deal Opens up Parts of Gulf of Mexico for Drilling

Dec 12, 2013 at 17:04 | Nick Cunningham

The emerging budget deal put together by Congressman Paul Ryan and Senator Patty Murray includes provisions that will open up vast new territories in the western Gulf of Mexico…

Canada’s Indigenous First Nations Threaten $600 Billion in Energy Deals

Dec 12, 2013 at 17:00 | John Daly

Canada’s aboriginal “First Nations” have unexpectedly emerged as a potential force threatening to derail the plans of Canadian Conservative Prime Minister Stephen Harper’s plans to turn western Canada into an…

More Oil and Gas, More Industry Fatalities

Dec 12, 2013 at 16:55 | Joao Peixe

One oil and gas worker is killed on average every three days, according to the US Bureau of Labor and Statistics, which shows a spike in industry fatalities coinciding with…

Is a final Decision on Keystone XL Close at Hand?

Dec 11, 2013 at 17:06 | Geopolitical Monitor

After years of debate, a final decision on the Keystone XL pipeline may be close at hand.The proposed expansion of the current Keystone pipeline is designed to increase…

Ukraine’s Two New Energy Deals

Dec 10, 2013 at 17:14 | Scott Belinksi

If one was to believe the picture that most Western media outlets are painting, Ukraine has been lost to Russia. Though the country fought valiantly to sign an Association Agreement…

Chevron Resumes Fracking After Romania Protests

Dec 10, 2013 at 17:01 | Joao Peixe

Chevron is back to fracking in Romania after operations were blocked for the second time in two months, and equipment damaged by hundreds of protesters, while riot police stepped in…

Cheap Fossil Fuels: Good or Bad for the World’s Poor?

Dec 10, 2013 at 16:57 | Ed Dolan

How can we make life better for the world’s poor? Environmentalists often tell us that one way would be to slow climate change by cutting fossil fuel use. They warn…

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