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New Offshore Boom Is Propping Up This Niche Market

New Offshore Boom Is Propping Up This Niche Market

The global market for floating…

Energy / Energy-General

U.S. Government Finally Grants BP Permission to Begin Well Integrity Test

U.S. Government Finally Grants BP Permission to Begin Well Integrity Test

Jul 15, 2010 at 04:24 | Al Fin

For almost 2 days, the US government has withheld final permission for BP to go ahead with crucial but risky pressure testing at the Macondo wellhead. The new sealing cap…

European Power Plants Win Reprieve on Emissions

European Power Plants Win Reprieve on Emissions

Jul 12, 2010 at 03:30 | Philippa Jones

The European Parliament voted overwhelmingly on Wednesday to adopt the Industrial Emissions Directive, after agreeing a compromise position that will give power plants extra time to comply with stricter levels…

A look at China’s Growing Demand for Oil

A look at China’s Growing Demand for Oil

Jul 10, 2010 at 04:40 | The Oil Drum

In my last post, we looked at the supply of oil in the US Energy Information Administration's (EIA's) recently released International Energy Outlook (IEO), which many consider the EIA's definitive…

Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

Jul 09, 2010 at 11:53 | Fawzia Sheikh

While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to…

China Plans New Energy Resource Tax, Infrastructure Spending in Western Provinces

China Plans New Energy Resource Tax, Infrastructure Spending in Western Provinces

Jul 09, 2010 at 06:36 | Darrell Delamaide

Chinese officials announced plans to develop the country’s western provinces as the center of its energy industry and reformed the resource tax on oil, coal and natural gas extraction so…

Dwindling Resources and Why Population Growth Must Stop

Dwindling Resources and Why Population Growth Must Stop

Jul 08, 2010 at 02:50 | The Oil Drum

Earth’s population is approaching seven billion at the same time that resource limits and environmental degradation are becoming more apparent every day. Rich nations have long assured poor nations that…

Looking for Value at Occidental Petroleum (OXY)

Looking for Value at Occidental Petroleum (OXY)

Jul 07, 2010 at 05:12 | Mad Hedge Fund Trader

While a student at UCLA in the early seventies, I took a World Politics course which required me to pick a country, analyze its economy, and make recommendations for its…

Oil Companies Benefiting from Tax Breaks and Large Subsidies as Congress Meekly Looks On

Oil Companies Benefiting from Tax Breaks and Large Subsidies as Congress Meekly Looks On

Jul 06, 2010 at 15:50 | David Caploe PhD

When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag of the Marshall Islands. Registering there allowed the…

What Happens When Oil and Other Fossil Fuels Deplete

What Happens When Oil and Other Fossil Fuels Deplete

Jul 06, 2010 at 06:36 | Gail Tverberg

What happens when energy resources, such as oil, deplete? Many people believe that oil prices will just go up--but I don't see that to be the case. A more likely…

Turning Crude Oil to Natural Gas in the Oil Field

Turning Crude Oil to Natural Gas in the Oil Field

Jul 01, 2010 at 09:21 | Brian Westenhaus

Dr. Steve Larter holds the University of Calgary’s Canada Research Chair in Petroleum Geology and has more than 30 years’ research experience in petroleum geology and geochemistry in both academia…

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