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Energy

Chinese Regulator Warns about Credit Risks of Coal Companies

Jan 24, 2014 at 17:10 | Nick Cunningham

Coal prices in China declined by 16% in 2013 as the economy cooled and the government stepped up efforts to curtail air pollution, according to Bloomberg. China is the…

More Trouble in the Arctic for Shell

Jan 24, 2014 at 17:06 | Charles Kennedy

A US court decision may delay Royal Dutch Shell’s drilling plans in the Arctic in a small victory for environmentalists and Native American groups.  A panel of judges…

Why Following EIA Forecasts is Dangerous for the US

Jan 24, 2014 at 17:01 | Post Carbon

Think back to early 2004. Oil cost around $40 per barrel—on the high side compared to the previous few decades but not much out of the ordinary. Gasoline still cost…

Time to Play the Natural Gas Rally?

Jan 24, 2014 at 16:17 | Dan Dicker

Natural gas can be the most mercurial of commodities, believe me.  In the 20 years I’ve watched it trade, it can be the most difficult to understand and predict.  Weather…

This Might Be The World’s Lowest-Cost Oil

Jan 24, 2014 at 16:13 | Editorial Dept

Quick, what do the following three events from last week have in common?1)    Shell warning on lower-than-expected profits for the past quarter2)    India raising its domestic…

Rising Costs Hit Balance Sheets of Major Oil Companies

Jan 23, 2014 at 17:24 | Nick Cunningham

Quarterly earnings for Royal Dutch Shell have declined sharply due to large expenditures, delays, and lower than expected production. The oil-giant reported that it expects fourth quarter earnings from 2013…

Report Says Clean Coal Tech Not Present-Day Reality

Jan 23, 2014 at 17:21 | Charles Kennedy

A new report compiled in consultation with the White House and a pool of clean-energy experts suggests that clean-coal technology is too embryonic to use as a base for America’s…

All Eyes on Implementation of Mexican Oil Reform

Jan 23, 2014 at 17:17 | Joao Peixe

Mexico’s Congress is debating and drafting secondary laws to implement a sweeping energy reform bill passed last month that will open up the market to international oil and gas companies.…

Why Long Term Energy Forecasts are Wrong

Jan 23, 2014 at 17:14 | Gail Tverberg

What is the correct way to model the future course of energy and the economy? There are clearly huge amounts of oil, coal, and natural gas in the ground.  With…

Algeria Ready for Oil and Gas Return

Jan 22, 2014 at 17:02 | Daniel J. Graeber

Algeria announced the launch of a bidding round for more than 30 oil and gas fields in the OPEC member's territory. The solicitation comes a year after terrorists attacked the…

Can Italy Double Its Oil Production?

Jan 22, 2014 at 16:57 | Rory Johnston

Beneath the ancient groves of Italy’s Basilicata region lies something more valuable to modern Italy than olives—oil.  The region represents the “instep” of Italy’s iconic boot and contains the largest…

Shale Boom Prompts Calls for Expanded US Oil and Gas Exports

Jan 21, 2014 at 16:53 | Global Risk Insights

Early in January, the head of the influential energy lobby American Petroleum Institute (API) made a strong call for the US to become a global energy producer by capitalizing…

Shell Sells Australian Gas Stakes in Portfolio Purge

Jan 21, 2014 at 12:41 | Joao Peixe

Royal Dutch Shell has sold its stakes in two Australian natural gas projects to Kuwait's state-run energy giant as the Dutch company saw capital expenditure rise to a record…

Turkey Finds High Grade Oil on its Border with Iraq

Jan 20, 2014 at 17:48 | John Daly

The past decade has seen Turkey’s economy take off, but one significant drag on its performance is the country’s paucity of indigenous hydrocarbon resources, resulting in massive energy import bills.…

What Happens After the Shale Revolution?

Jan 20, 2014 at 17:46 | Daniel J. Graeber

Saudi Oil Minister Ali al-Naimi said he viewed the increase in U.S. oil production as a new source of supply that will help stabilize oil markets. Oil from shale is…

Eni, Third to Give Up on Poland’s Shale

Jan 20, 2014 at 17:42 | Joao Peixe

Italian oil giant Eni is said to be planning to withdraw from its shale gas project in Poland, allowing two of its three exploration licenses expire, with a third…

Free Energy Ride Over in Turkmenistan

Jan 20, 2014 at 17:39 | Joao Peixe

After 20 years, the government of Turkmenistan is moving to limit the volume of natural gas it doles out for free to its citizens as analysts rush to interpret the…

Some of the More Interesting Points to Take from BP’s Energy Outlook

Jan 20, 2014 at 17:32 | Matt Smith

BP has just released the latest version of its Energy Outlook to 2035. Although it contains the usual themes we have come to know and trust, such as energy…

DOE Funds Carbon Capture Project Amid Fight Over Future of Coal

Jan 17, 2014 at 18:46 | Nick Cunningham

On January 16, 2014 the U.S. Department of Energy approved $1 billion in funding for a carbon capture and sequestration project in Meredosia, Illinois. The so-called FutureGen 2.0…

Not so Fast on Libyan Oil Optimism

Jan 17, 2014 at 18:29 | Joao Peixe

We may be seeing the first boost in Libyan oil production in 10 months, which the markets are eyeing hungrily, but don’t jump the gun on this one—Libya’s oil…

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