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Energy

Two Dead in Total Refinery Explosion in Belgium

Nov 20, 2013 at 08:40 | Charles Kennedy

An explosion at a refinery in Antwerp, Belgium operated by France’s Total SA on 19 November has killed two subcontractors.     The explosion occurred in a steam…

Mexico: the Final Piece in North America’s Energy Renaissance

Nov 19, 2013 at 17:30 | Rory Johnston

The energy renaissance in the United States and Canada has left Mexico largely behind. While American and Canadian crude production has jumped over thirty percent in the last decade, Mexican…

How Effective are Anti-Oil Protests?

Nov 19, 2013 at 17:23 | Daniel J. Graeber

A Russian court granted bail Monday to two of the 30 people arrested when activists with Greenpeace tried to climb the Arctic-class ice-resistant Prirazlomnaya oil rig deployed in the Pechora…

The Next Shale Revolution—Probably Russia

Nov 19, 2013 at 17:16 | Charles Kennedy

More than 400 shale oil and gas wells will be drilled outside of the US in 2014, most of them in China and Russia, while Europe largely sits on the…

Oil Prices Unlikely to Climb Much Higher

Nov 19, 2013 at 17:13 | Gail Tverberg

Nearly everyone believes that oil prices will trend higher and higher, allowing increasing amounts of oil to be extracted. This belief is based on the observation that the cost of…

TVA Coal Closures Signal of What’s to Come

Nov 18, 2013 at 18:24 | Nick Cunningham

On November 14 the Tennessee Valley Authority announced plans to shut down eight coal generating units with a combined power generating capacity of over 3,000 megawatts  The decision will…

China Gobbles Up Assets in Latin America

Nov 18, 2013 at 17:37 | Charles Kennedy

China National Petroleum Corp (CNPC) has agreed to purchase $2.6 billion in Peruvian gas assets from Brazil’s debt-strapped state-run oil company Petrobras as China works fast to increase its Latin…

What Happens after the U.S. Oil Boom Goes Bust?

Nov 15, 2013 at 18:06 | Daniel J. Graeber

The Bakken crude oil formation spread out over North Dakota and Montana should give up more than 1 million barrels of oil per day next month. North Dakota is already…

An Energy Revolution is Not Off the Cards: Interview with Maria van der Hoeven

Nov 15, 2013 at 17:58 | Energy Post

In its new World Energy Outlook (WEO), the IEA is cautious about the prospects of unconventional oil and gas outside the US. As regards shale gas, it notes that “uncertainty…

Fire at Chevron Mississippi Refinery, One Dead

Nov 15, 2013 at 17:20 | Joao Peixe

A deadly fire has broken out at the Chevron Pascagoula Refinery, with one reported death so far, according to local news agencies. A fire broke out following…

If Peak Oil is Approaching why is Gasoline so Cheap?

Nov 15, 2013 at 17:13 | Post Carbon

There are many zigs and zags, twists and turns, and unintended consequences along the path to higher priced and scarce oil. Only three months ago it seemed we were headed…

A Chance To Find The World’s Best Uranium Deposit… Again

Nov 15, 2013 at 16:24 | Editorial Dept

There’s something very special about Australia’s Olympic Dam uranium mine.Olympic Dam is the largest uranium ore body in the world, with a towing 57-year reserve life. Production…

The IEA Finally Gets it Right

Nov 15, 2013 at 16:18 | Dan Dicker

The latest IEA report on Crude supplies has got me thinking, a new accomplishment for the IEA who have been woefully behind the curve on most of the major…

How Prepared is the Oil Industry for a Cyber War?

Nov 14, 2013 at 17:27 | Claude Salhani

The next major conflict, if there is ever going to be one, will likely be very different from all past conventional wars we have seen so far, in that it…

Canada’s Montney Natural Gas Basin – Game Changer?

Nov 14, 2013 at 17:13 | John Daly

Canada’s energy riches seem to be destined to just expand. According to the authoritative U.S. government’s Energy Information Administration, “Canada is one of the world's five largest energy…

Carbon Capture Gets a Big Boost in Washington

Nov 13, 2013 at 16:28 | Llewellyn King

Forty years ago, America and its allies were paralyzed by the Arab oil embargo, which followed the Yom Kippur War. It concentrated the international mind and decades of turbulence followed.

Repsol Expands Footprint in Venezuela

Nov 13, 2013 at 16:26 | Charles Kennedy

Spanish oil giant Repsol is preparing to invest another $4 billion in oil and gas projects in Venezuela between 2013 and 2022, hoping to increase net oil output in the…

What Happened to Eastern Europe’s Dreams of a Shale Revolution?

Nov 13, 2013 at 16:23 | Igor Alexeev

Shale projects in Eastern Europe are being challenged by delaying tactics of industry majors. Media coverage of shale gas development is positive; but in Lithuania and Poland, global oil &…

5 Trends that are Set to Transform the Energy Sector

Nov 13, 2013 at 13:06 | Charles Kennedy

What it must have been like, being one of those pioneers getting into the traditional oil industry back before all the biggest fields went into production. Well, we are back…

World Depends on Two Countries for Increase in Oil Production

Nov 12, 2013 at 17:23 | Nick Cunningham

Oil prices will only rise moderately over the next 20 years according to estimates from the International Energy Agency. The IEA released the 2013 edition of its much-anticipated World…

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