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Weak Diesel Prices Reflect Global Economic Slowdown

Weak Diesel Prices Reflect Global Economic Slowdown

Diesel fuel production has ramped…

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Baghdad is repairing the Kirkuk-Ceyhan…

Energy

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…

Will Quebec Tragedy Derail Heavy Oil Upswing?

Jul 26, 2013 at 17:00 | James Burgess

Canada’s heavy oil producers are reveling in a price rebound, but its spurred by increased rail shipments, shadowed by the tragic Quebec train crash that killed an estimated 47 people.

World Energy Markets Leaving EU Behind

Jul 26, 2013 at 16:51 | Daniel J. Graeber

The International Monetary Fund said it expects the European economy will remain in recession for 2013 and expand by less than 1 percent next year. That translates to lower demand…

Drone Technology Gets Energized

Jul 26, 2013 at 15:24 | James Stafford

Only a decade ago, drones were the purview of the military, but today we are realizing the commercial potential of this technology and the numerous cost-cutting applications for the oil…

UK Releases Impressive Shale Estimates, Relaxes Tax Regime

Jul 26, 2013 at 14:56 | Editorial Dept

Bottom Line: As the UK doubles its shale reserve estimates, plans are in the works for lowering the proposed shale production tax rate by half. Analysis: The UK…

Uganda Eyes 2016 for Commercial Output

Jul 26, 2013 at 14:50 | Editorial Dept

Bottom Line: The earliest we can expect commercial output from Uganda is 2016 as production stalls over tax questions and local refining uncertainty. Analysis: Uganda made its first…

This Week in Energy: Good News for Fracking Companies

Jul 26, 2013 at 13:08 | James Stafford

Another oil disaster in the Gulf casts shadow over August auction; good news for fracking, or good news for your drinking water; OPEC cut rumors; a sneak peak at our…

Will Big Oil Lose its Alaska Tax Break?

Jul 25, 2013 at 19:08 | Charles Kennedy

A major tax break for oil companies signed into law in May is now the heart of a battle between industry-friendly politicians who say the tax break will boost sluggish…

Canada’s Kitimat LNG Project Takes Another Step

Jul 25, 2013 at 17:42 | Robert M Cutler

Canada's Kitimat liquefied natural gas (LNG) project, one of ten proposed across the country, took another step towards realization this week, as respected Member of Parliament Bob Rae from the…

Energy and the Economy – Basic Principles and Feedback Loops

Jul 25, 2013 at 17:25 | Gail Tverberg

Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives.We live in an…

Russia’s Oil and Natural Gas Industry Facing Market Turmoil

Jul 24, 2013 at 15:22 | John Daly

Several years ago, the Russian Federation’s Open Joint Stock Company Gazprom had every reason to feel that it was “top of the world,” to quote James Cagney’s crazed character Cody…

TransCanada Might Rethink Potential Keystone Launch Date

Jul 24, 2013 at 15:16 | Charles Kennedy

TransCanada Corp. (TRP) was hoping to launch Keystone XL during the second half of 2015, but the company is now conceding that this will be challenging given the pace of…

Future Energy Production Threatened by Water Shortages

Jul 24, 2013 at 14:27 | Post Carbon

When we flip on a light, we rarely think about water.  But electricity generation is the biggest user of water in the United States.  Thermoelectric power plants alone use more…

Tesla’s Hyperloop: The Fifth Mode of Transportation

Jul 23, 2013 at 18:18 | Charles Kennedy

Next month, Tesla Motors Inc. (TSLA) Elon Musk plans to unveil his design for the Hyperloop, a sort of superfast tube that will shuttle back and forth between Los Angeles…

What Shale Oil and Gas Can Learn from Nuclear

Jul 23, 2013 at 18:09 | Llewellyn King

The Arab oil embargo, imposed on the United States 40 years ago this fall, brought the instant chaos of gas lines, dire predictions and a new concentration of political minds…

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