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Energy

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…

Will the Nabucco Pipeline be Able to Make a Comeback?

Jul 23, 2013 at 17:50 | Eurasianet

Just like the protagonist in the eponymous opera, the Nabucco pipeline, the one-time leading option for carrying natural gas from Azerbaijan to Europe, has been outmaneuvered and knocked from its…

Oil Production Aside, Middle East still Matters

Jul 22, 2013 at 15:37 | Daniel J. Graeber

Labor demonstrations in eastern Libya have forced the closure of a key port for nearly a week. A small band of protesters have created big problems for the country as…

Why Big Oil is Shifting Away from the Gulf of Mexico

Jul 19, 2013 at 23:33 | Daniel J. Graeber

A BP official who led the company before the 2010 incident in the Gulf of Mexico marked his return to the region in a $3.75 billion deal with Houston-based Apache.…

Mexico’s Oil Auction Snubbed Ahead of Hoped-for Privatization

Jul 19, 2013 at 23:30 | Charles Kennedy

Mexican state-run Pemex’s 11 July auction of six onshore oil leases in the Chicontepec Formation fell flat, with the three largest concessions receiving no bids despite early interest by more…

6 Key Oil & Gas Discoveries of 2013 – Who’s Worth Owning

Jul 19, 2013 at 23:06 | Editorial Dept

The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. With each new…

Oil Market Forecast & Review 19th July 2013

Jul 19, 2013 at 22:47 | Jim Hyerczyk

September Crude Oil futures reached a new high for the year this week, but there was very little follow-through. This is a good sign that conditions are overbought and that…

Ukraine: Unexpected Oil Find, Major Gas Interest

Jul 19, 2013 at 22:44 | Editorial Dept

Bottom Line: We see a flurry of activity in Ukraine, with a $735 million Black Sea commitment by Exxon, an unexpected 100 million barrel oil find in the Poltava region…

Russia Prepares To Liberalize LNG Exports

Jul 19, 2013 at 22:36 | Editorial Dept

Bottom Line: By January 2014, Russia may liberalize LNG exports currently monopolized by state-run Gazprom, in order to make room for expansion of LNG exports to the Asia-Pacific region.

This Week in Energy: $3 Gas Prices are a Thing of the Past

Jul 19, 2013 at 11:49 | James Stafford

This quarter’s oil and gas M&A activity; rising US oil production and the disconnect at the pump; discovery of new oil field in Kuwait, and a few hints at what’s…

State Department Approves (Non-Keystone) Pipeline to Canada

Jul 18, 2013 at 17:26 | Robert M Cutler

The U.S. State Department approved on Wednesday a pipeline to Canada. However this was not the controversial Keystone XL pipeline that has been the subject of environmental and…

Waiting on Kenyan Oil, the Market Grows Impatient

Jul 18, 2013 at 17:24 | Charles Kennedy

It’s been well over a year now since London-listed Tullow Oil struck it big in Kenya, making the country’s first massive oil discovery that set the stage for Kenya to…

Australia – Next Petro Superstate?

Jul 17, 2013 at 17:04 | John Daly

Australia’s massive mineral exports allowed it to weather the global recession, which began in 2008, quite nicely.The U.S. government’s Energy Information Administration noted in its country’s analysis…

Will Central Asia Replace the Middle East as Prime Oil Source?

Jul 16, 2013 at 17:16 | Claude Salhani

One of the prime reasons why the Middle East holds such importance to the West is partiality because it is the main supplier of oil and natural gas to countries…

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