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Breaking News:

Asian Oil Imports Dropped in April

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Arabia’s oil giant, in…

The Renewable Energy Boom Has a Waste Problem

The Renewable Energy Boom Has a Waste Problem

The rapid growth of renewable…

U.S. Sees New Egyptian Gas Fields As Key To Its New Middle Eastern Strategy

U.S. Sees New Egyptian Gas Fields As Key To Its New Middle Eastern Strategy

Besides its important geo-strategic location,…

Energy

Big Oil Moves North Despite Climate Woes

Sep 28, 2013 at 12:17 | Daniel J. Graeber

The Intergovernmental Panel on Climate Change said Friday the sea ice in the arctic has melted at a rate of at least 9 percent per decade since the late 1970s.…

Chevron Wins Another Victory in Ecuador Case

Sep 28, 2013 at 12:03 | Charles Kennedy

Chevron today won another small victory in the ongoing case over pollution of Ecuador’s Amazon rainforest at the US Court of Appeals in Manhattan, with the court rejecting Ecuadorian requests…

The Best Way to Beat Today’s High Costs in Oil and Gas

Sep 27, 2013 at 20:36 | Editorial Dept

I’m a big fan of royalty companies. And I want to tell you about a new firm I’ve found, that’s using this time-tested model for stable profits—run by some very…

A Great Opportunity in the Oil Services Sector

Sep 27, 2013 at 20:32 | Editorial Dept

I've recently found very little to like in the oil services sector, but a move this week has me looking very seriously at starting a position in National Oilwell Varco…

Maersk-Linked Company Could Win Monopoly over Russian Container Shipping

Sep 27, 2013 at 20:20 | Editorial Dept

Bottom Line: Denmark-based Maersk Group’s APM Terminals owns more than 25% of Global Ports Investments (GPI), with Russian partners, and GPI is hoping to acquire the National Container Company (NCC),…

Azeri Gas Sells Big in Europe

Sep 27, 2013 at 15:40 | Editorial Dept

Bottom Line: Europeans are lining up for Azeri gas futures from Shah Deniz, playing to Baku’s tune of multiple customers. Analysis:…

This Week in Energy: Driving Oil’s Ups and Downs

Sep 27, 2013 at 12:37 | James Stafford

When the Fed decided last week to maintain its Quantitative Easing, oil prices responded with a $2/barrel rise. But this has been balanced by the diplomatic progress made on Syria,…

Debate Over US Natural Gas Exports Heats Up

Sep 26, 2013 at 20:25 | Global Risk Insights

The consequences of the shale gas and oil energy revolution in the United States have had a great impact on the U.S. industry and economy. The benefits are by now…

Canadian Oil Could Soon Head West by Rail

Sep 26, 2013 at 20:14 | Rory Johnston

CN Rail, Nexen, and Ottawa are considering plans to ship Albertan oil to the West Coast of Canada by train, according to new documents obtained by Greenpeace Canada under…

Washington Still Blocks Keystone as Canada Beats US in Energy Sustainability

Sep 26, 2013 at 20:02 | Robert M Cutler

The World Energy Council (WEC) has this week ranked Canada as number six in green energy credentials and environmental performance, nine places ahead of the United States. At the same…

1.5 Billion Barrels of Oil – And No Takers

Sep 25, 2013 at 19:11 | John Daly

Western energy firms are noted for venturing into volatile regions and areas that scare off more faint-hearted capitalists. But one country is even giving these hardened energy companies…

Peak Oil Demand: Peak Oil Didn’t Go Away, it Just Changed its Name

Sep 25, 2013 at 18:57 | Post Carbon

A new phrase has entered our energy lexicon—peak oil demand. The essential idea: prophets of doom who warned about a looming global petroleum shortfall (“peak oil”) were wrong; instead…

Brazil Pre-Salt Reflects Changing Face of Energy Investment

Sep 24, 2013 at 22:53 | Jeremy Martin

As bidders registered for the first oil rights auction in Brazil’s pre-salt last Wednesday, the reaction was overwhelmingly pessimistic. Headlines focused on lack of oil majors such as ExxonMobil and…

GE Unveils Breakthrough Energy Storage Tech

Sep 24, 2013 at 22:49 | Charles Kennedy

General Electric has unveiled what is being lauded as breakthrough energy storage technology in the form of the new Durathon Battery to power an underground vehicle that transports mining materials.…

Chesapeake Hints at Big Natural Gas Layoffs

Sep 23, 2013 at 19:05 | Joao Peixe

In line with an overhaul at Chesapeake Energy Corp. under a new CEO, the company has lain off its entire natural gas vehicle team, and more layoffs could be in…

Why Canada's Oil Future isn't Going South

Sep 20, 2013 at 18:10 | Daniel J. Graeber

Canadian Natural Resources Minister Joe Oliver said last week it was time to add more diversity to an energy sector that relies almost exclusively on the United States. New drilling…

Tesla in Driverless Car Race

Sep 20, 2013 at 18:04 | Charles Kennedy

Within three years, Tesla Motors is planning to roll out a virtually driverless car that takes over 90% of driving—a time frame that blows other driverless car makers out of…

NATO Establishes Energy Security Center of Excellence

Sep 20, 2013 at 17:54 | John Daly

Modern armies run on fuel, as Hitler discovered to his cost.Belatedly discovering energy as a strategic need, on 6 September NATO opened its Energy Security Center of Excellence…

Shale Gas is Not a Saviour, it is a Thorn in Renewable Energy’s Side

Sep 20, 2013 at 17:49 | ISN Security Watch

Many policymakers hope that shale oil and gas production will lead to greater energy independence. Deepak Gopinath isn’t so sure. He thinks that fracking is wasteful, expensive and is merely…

Where's the Next Play for the Giants of Oil?

Sep 20, 2013 at 17:23 | Editorial Dept

What will they do with all that cash?That’s the question investors are asking of major oil firms like Apache (NYSE: APA). The company recently completed a…

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