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OPEC Expects Solid Global Oil Demand This Summer

OPEC Expects Solid Global Oil Demand This Summer

OPEC expects strong oil in…

Sao Paulo's Power Grid Nears Breaking Point

Sao Paulo's Power Grid Nears Breaking Point

Sao Paolo is facing blackouts…

Energy

Ukraine: The Energy To Change Course

Aug 02, 2013 at 14:49 | Scott Belinksi

Twenty-two years after breaking free from the USSR, Ukraine is now attempting to do the unthinkable and permanently shake Russia’s hold on the country. The plan? Looking westward to the…

Hooking up the Grid: Power Ships and Floating Nuclear Plants

Aug 02, 2013 at 13:27 | James Stafford

How do you overcome chronic power shortages in developing countries or in remote areas? “Power ships” and floating nuclear platforms.First, we’ve got a massive new Turkish-owned vessel docked…

Zambia: Sitting on the Next Lake Albert?

Aug 02, 2013 at 13:25 | Editorial Dept

Zambia has no proven oil reserves as of yet, but we’re looking here because there is massive exploration interest with the potential tie-in to hot Angola and geological similarities with…

This Week in Energy: Saudi Prince’s Panicked Tweet Over U.S. Shale Boom

Aug 02, 2013 at 08:35 | James Stafford

The death of America’s shale revolutionary; a Saudi Prince’s panicked twittering over oil; a long-awaited victory for the EPA; the latest prognosis from the Energy Information Administration; and much more…

TransCanada Announces Decision for West-East Oil Pipeline in Canada

Aug 01, 2013 at 17:10 | Robert M Cutler

The Canadian energy company TransCanada Corp announced today, Thursday, its decision to move forward with the Energy East Pipeline, a 2,740-mile project that would transit between 500,000 and 850,000 barrels…

JPMorgan Settles Energy Price Fix for $410M

Aug 01, 2013 at 17:08 | Charles Kennedy

JPMorgan Chase & Co. has settled with the federal government for $410 million for charges that it manipulated energy markets in California and Michigan between 2010 and 2011.

Junior Time in the Gulf of Mexico Shelf

Aug 01, 2013 at 17:06 | Dave Forest

A critical change is afoot in the Gulf of Mexico petroleum business.Major operator Apache said this month it is exiting the shallow-water Gulf of Mexico shelf. The company…

CO2 Breakthrough? New Gas Apparently Eliminates All Carbon Emissions

Aug 01, 2013 at 17:05 | Joao Peixe

HydroInfra Technologies, based in Sweden, claims to have developed the answer to greenhouse gases and fossil fuel emissions, stating that their Hydro Nano Gas (HNG) “instantly neutralises carbon fuel pollution…

Egypt’s New Government Works to Improve Supplies of Oil and Bread

Aug 01, 2013 at 17:01 | Dave Summers

The turmoil in the Middle East shows little sign of ending in the near future, and the potential lack of enough cheap fuel for the population is a warning that…

Canada Threatens U.S. with Oil Trains if Keystone XL Not Built

Jul 31, 2013 at 16:55 | John Daly

On 6 July, a Montreal, Maine & Atlantic train carrying 72 tank cars filled with oil exploded after its brakes apparently failed, sending it rolling into the small Quebec town…

$1 Billion of Natural Gas Wasted in North Dakota through Flaring in 2012

Jul 31, 2013 at 16:50 | Joao Peixe

Flaring is a problem in the US fracking industry, especially in North Dakota, but the true extent of that problem has not been fully understood until the release of a…

UPS Pursues LNG Vehicle Shift

Jul 30, 2013 at 18:00 | James Stafford

As United Parcel Service (UPS) works to decrease its greenhouse gas emissions, the company is setting new alternative fuel goals and eyeing a 40% savings in fuel costs by switching…

Why Oil is Good for Real Estate

Jul 30, 2013 at 17:34 | Dave Forest

Sometimes I think we forget how good things have been in the natural resources sector recently. Especially compared to other sectors.Glancing at some data on the U.S. Home…

Flood Control Agency Lawsuit Against Oil Companies Labeled “Boondoggle”

Jul 30, 2013 at 17:28 | Charles Kennedy

Last week the Southeast Louisiana Flood Protection Authority-East agency filed a lawsuit against nearly 100 oil and gas companies for their longstanding role in destroying Louisiana’s coastal wetlands in the…

Fort McMurray Evicts Oil Sands Companies that Helped it Grow

Jul 29, 2013 at 17:41 | James Stafford

The Canadian town of Fort McMurray, population 76,000, is the heart of Alberta’s oil sands largesse--but the town is bursting at its seams with nowhere to expand because the…

British Police Investigating $1.3 Billion Shell, ENI Nigerian Oil Corruption

Jul 29, 2013 at 17:32 | John Daly

The British police are probing an allegation that a $1.3 billion Nigerian oil bloc deal involving Royal Dutch Shell and Italy's Eni SpA may have involved money laundering. Most of…

What Happens to Oil Markets if Iraq Collapses?

Jul 29, 2013 at 17:25 | Daniel J. Graeber

Oil production from Iraq may be in decline along with political stability in the country. The government aims to produce 9 million barrels of oil per day by the end…

What Happens When the Oil Runs Out?

Jul 29, 2013 at 17:03 | Professor Chris Rhodes

Summary of a lecture by Professor Chris Rhodes to the Conway Hall Ethical Society, Conway Hall, Red Lion Square, London. 11.00 am, Sunday July 28th, 2013. The world…

What Does the Plastics Revolution Mean for Gas Producers?

Jul 29, 2013 at 16:57 | Dave Forest

It looks like the U.S. plastics revolution is upon us. Many observers have been forecasting a petro-chemical boom in America. Driven by cheap natural gas as feedstock for the industry.…

Fukushima Operator Announces Plan to Release Radioactive Water into Pacific

Jul 26, 2013 at 17:09 | Charles Kennedy

The 11 March 2011 earthquake and subsequent tsunami that devastated Tokyo Electric Power Co.’s Fukushima Daiichi nuclear power plant has left TEPCO struggling with a potential public relations disaster ever…

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