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Energy

Canada Lays Claim to Seabed Below North Pole

Dec 27, 2013 at 12:33 | John Daly

Canada has thrown down the gauntlet to Russia with a claim of Arctic sovereignty that extends to the seabed under the geographical North Pole that Moscow also claims.The…

Capturing Carbon to Enhance Oil Recovery

Dec 27, 2013 at 12:30 | Rory Johnston

Carbon capture and sequestration (CCS) technology has long been considered a middle-ground approach to climate change mitigation. It allows for the continued burning of fossil fuels, namely coal, for energy…

3 Places to Make Money in Energy in 2014

Dec 27, 2013 at 11:57 | Editorial Dept

It’s not hard to pin down the biggest energy story of the past year.U.S. shale—and the massive surge in oil and gas production it has created.

Oil Market Predictions for 2014

Dec 27, 2013 at 11:55 | Dan Dicker

For my last column of 2013, I’ll give a few predictions for the energy markets for 2014 and one in particular where I am almost alone among the energy analysts…

Oil Market Forecast & Review 27th December 2013

Dec 27, 2013 at 11:47 | Editorial Dept

February crude oil futures continued the rally it began several weeks ago at $92.10. Based on the break from $106.22 to $92.10, the market has already retraced more than 50%…

This Week in Energy: An Inglorious Christmas, from Michigan to Istanbul

Dec 27, 2013 at 11:45 | James Stafford

Christmas week has been a busy, if not inglorious one, for all of those in US states suffering from massive power outages and residents tiring of the distribution systems that…

Natural Gas Prices Rise to Highest Levels in Over Two Years

Dec 26, 2013 at 14:23 | Nick Cunningham

December 2013 saw the highest spot price for natural gas in over two years, as a cold weather returns to many parts of the East and Midwest. Weekly data from…

Gazprom Edging into Soviet Sphere with Kyrgyz Gas Proposal

Dec 26, 2013 at 14:18 | Daniel J. Graeber

A delegation from Kyrgyzstan met in Moscow with Gazprom officials to discuss future investments in the former Soviet republic. Recently, a company controlled by a Russian oil tycoon proposed redevelopment…

Canada’s Largest Refiner’s Records Seized in Investigation

Dec 26, 2013 at 14:14 | 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 Lac-Mégantic, where it derailed…

Syria Signs First-Ever Offshore Oil Deal, with Russia

Dec 26, 2013 at 14:11 | James Stafford

Syria has signed an agreement with Russian oil and gas company SoyuzNefteGaz for joint oil exploration off the Mediterranean coast, in Syria’s part of the prolific Levant Basin, according…

Bill for Cleaning China’s Air Pollution - $290 Billion

Dec 23, 2013 at 18:50 | John Daly

While the extraordinary growth of the Chinese economy has been the business success story of the past two decades, it has come with high environmental costs due to rampant pollution.

Statoil, Total Withdraw from Turkey Pipeline Plans

Dec 23, 2013 at 18:46 | James Stafford

France’s Total SA and Norway’s Statoil are pulling back from the planned Trans-Anatolian Natural Gas Pipeline (Tanap) over soaring cost estimates, paving the way for Turkish companies to raise their…

ConocoPhillips Applies for Alaska LNG Export License

Dec 23, 2013 at 18:41 | James Burgess

ConocoPhillips is seeking approval from the US government to resume exports of liquefied natural gas (LNG) from its Kenai Peninsula plant. If the company is given the green light from…

This Court Ruling Could Raise Natural Gas Prices

Dec 23, 2013 at 18:35 | Dave Forest

We saw a landmark decision last week in U.S. courts.One that could become the biggest new driver for North American natural gas prices.The decision came in…

Why North Dakota's Oil Future Just Got Brighter

Dec 20, 2013 at 12:47 | Daniel J. Graeber

U.S. Sens. John Hoeven and Heidi Heitkamp, bipartisan leaders from North Dakota, said the oil boom in their state just got louder with the passage of the Bureau of Land…

US Gas Prices Down on High Supply, Lower Demand

Dec 20, 2013 at 12:13 | Charles Kennedy

Average retail gas prices in the US fell slightly on Thursday, to $3.21 per gallon, according to the AAA, after falling four cents over the week. Gas…

Consulting, the Bane of the Oil & Gas Industry

Dec 20, 2013 at 11:09 | James Stafford

An interesting document published by Wikileaks reveals how oil companies have attempted to handle the challenge posed by environmental opposition to the North American shale boom—and how they were wrong-footed…

Forget LNG - This Secret Export Market is The Next Place For Petroleum Profits

Dec 19, 2013 at 21:56 | Editorial Dept

Arbitrage is one of the simplest ways to make big money. Take something worth little and move it to a place where it’s worth a lot.

Ending the Oil Export Ban: Who will be the Winners and Losers?

Dec 19, 2013 at 21:54 | Dan Dicker

One of the energy themes we need to keep track of in 2014 is the possible end of the crude oil export ban here in the US, in place since…

What Next for Repsol and Venezuela?

Dec 19, 2013 at 21:48 | Southern Pulse

Bottom Line: After Petroleum Minister Rafael Ramírez announced on 4 December 2013 that Spanish oil and gas company Repsol and the Venezuelan government would be signing an agreement to invest…

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