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Energy Security Trumps ESG Agenda For Big Oil

Energy Security Trumps ESG Agenda For Big Oil

Big Oil defied environmentalists and…


What the EIA's Short Term Energy Outlook Tells us about the Global Economy

May 16, 2012 at 17:54 | Gary Hunt

The US Energy information Administration (EIA) released its updated Short Term Energy Outlook (STEO) May 8, 2012.  The overview calls for falling crude oil prices, falling gasoline prices, falling electric…

How a Deeper Understanding of Fracking could Increase the Lifespan of Oil Wells

May 15, 2012 at 18:33 | Dave Summers

There is a real, practical limit to the amount of oil that can be recovered from a reservoir. Depending on the availability and economic viability of different technical approaches that…

Nuclear Plants in Germany Sit Idle as Coal use Grows by 13.5%

May 15, 2012 at 18:13 | Breakthrough Institute

Coal use will rise an estimated 13.5 percent in Germany this year, resulting in at least 14 million metric tons of additional carbon dioxide (CO2) emissions, even as the nation…

As Saudi Oil Giant Expands, Can it Meet Mounting Security Concerns?

May 14, 2012 at 22:49 | Charles Kennedy

Already the largest oil exporter in the world, state-owned Saudi Aramco plans to significantly expand refining capacity and for the first time ever to venture into oil trading, which could…

U.S., China Compete for Canadian Energy Assets

May 14, 2012 at 22:43 | John Daly

To hear Carlos Pascual, the U.S. State Department’s special envoy on international energy tell it, “The United States values Canada as its most important energy partner. There has never been…

Libya: A Real World Syriana

May 14, 2012 at 22:38 | Daniel J. Graeber

A curtain is slowly getting drawn back on the death of Shokri Ghanem, the former head of the Libyan oil industry found floating in the Danube River last month. Rumors…

Argentina Counting Cost of Nationalizing YPF

May 13, 2012 at 08:56 | John Daly

One of the most feared words in every oilman’s lexicon is “nationalization.” On 16 April Argentinean President Cristina Fernandez de Kirchner did exactly that with the energy firm Yacimientos…

America's Horizontal Drilling Technology will Transform the World

May 13, 2012 at 08:46 | Gary Hunt

The success of unconventional oil and gas production from shale formation is reshaping the US energy industry and may yet prove to be a major factor pulling US GDP growth…

A Look at the Major Forces Shaping our Future

May 13, 2012 at 08:42 | Post Carbon

While waiting to see how the Iranian nuclear confrontation and the various Eurozone crises sort themselves out, there is time to step back and look at the interaction of the…

Duel Fuel Vehicles that can Run on Gasoline or Natural Gas

May 13, 2012 at 08:40 | Brian Westenhaus

Not flex fuel – dual fuel.  Flex fuel is a system that can use similar fuels in the same system such as pure gasoline to 85% ethanol.  Dual fuel will…

New IMF Model is Far More Accurate at Predicting Oil Production

May 11, 2012 at 17:18 | Gail Tverberg

The International Monetary Fund (IMF) recently issued a new working paper called “The Future of Oil: Geology versus Technology” (free PDF), which should be of interest to people who…

Following New Energy Technologies - From Discovery to Widespread Adoption

May 11, 2012 at 09:18 | Post Carbon

Last week we talked about the possibility that researchers have found a second and potentially useful and inexpensive way of converting hydrogen into helium accompanied by a release of significant…

Why India is Ignoring U.S. Pressure and Continuing to Trade with Iran

May 10, 2012 at 17:42 | Juan Cole

Secretary of State Hillary Clinton said in India on Monday that New Delhi can reduce its oil imports from Iran further, pressuring that country to fall in line with…

Chevron has Unveiled New Ship to Perform Dual Gradient Drilling

May 10, 2012 at 17:34 | Brian Westenhaus

Chevron is about to put the first deepwater drillship designed with the capacity to perform ‘dual gradient drilling’ to work. The ship is a Samsung 12000 design capable of…

How the Oil Industry has Deceived the US with the Promise of Energy Independence

May 09, 2012 at 19:47 | Kurt Cobb

Faced with increasing political obstacles to oil and natural gas exploration in many countries around the world, the oil industry is focusing again on the United States. The industry is…

Energy is a Global Commodity and Should Stay That Way

May 09, 2012 at 19:33 | Daniel J. Graeber

A U.S. lawmaker called on the White House this week to eliminate what he said was a "disturbing connection" between U.S. energy demands and violence in the Middle East. New…

Taking a Second Look at the Southern Gas Corridor

May 09, 2012 at 19:20 | Saltanat Berdikeeva

With Russia covering two-thirds of Europe’s gas needs, Europe’s buzzword du jour since the start of the recurring Russo-Ukrainian disputes in 2005 over prices, debt and supplies of natural gas…

Iran could Avoid Economic Blow of US Sanctions by Accepting Chinese Yuan

May 08, 2012 at 19:37 | Daniel J. Graeber

The Iranian currency shuffle continued again this week as Tehran announced it would take the Chinese yuan as payment for crude oil deliveries from its trading partner in Beijing. While…

US Gas Pipelines under Cyber Attack, Says DHS

May 08, 2012 at 19:32 | Charles Kennedy

The Department of Homeland Security has issued an alert warning that computer networks connected to privately-owned natural gas pipelines are presently under cyber attack in an “intrusion campaign” that began…

Abundance of Methane Hydrates will Destroy the Oil Market

May 08, 2012 at 19:29 | Brian Westenhaus

U.S. Department of Energy (DOE) Secretary Steven Chu contributed a statement to an announced breakthrough in research into tapping the vast fuel resource of methane hydrates that could eventually…

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