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Energy

Bad Times for BP Amid Rumors of Acquisition or Split

Nov 30, 2012 at 17:19 | Charles Kennedy

Times are bad for British Petroleum (BP). This week it was temporarily banned from new US federal contracts as punishment for the 2010 Gulf of Mexico oil spill, and some…

The Top Eight Energy Risks for 2013

Nov 30, 2012 at 17:13 | Matthew Hulbert

What’s hot and what’s not for the energy world in 2013? With so many confusing headlines hitting your inboxes on a daily basis and the dreaded Christmas shopping to come,…

Is Oil to Blame for DRC Violence?

Nov 30, 2012 at 17:09 | Daniel J. Graeber

The British government announced it was withholding aid to Rwanda out of concern the government there was backing the rebel M23 movement in neighboring Democratic Republic of Congo. As early…

Use New Oil & Gas Production Revenues to Invest in Energy Innovation

Nov 30, 2012 at 17:04 | Innovation Policy Blog

“With pencils being sharpened on a debt deal,” Politico reports (subscription article), “all eyes are on the gas tax as a possible savior for transportation spending. But another option…

Former Enemies Japan and Russia to Trade LNG?

Nov 29, 2012 at 17:11 | John Daly

On the surface of it, Russia, the world’s second leading hydrocarbon exporter and Japan, Asia’s second leading energy importer, seem a business arrangement made in heaven. Except for one…

The Oil Boom Will Only Last a Decade - Then What?

Nov 29, 2012 at 17:08 | James Hamilton

Oil is fundamentally a depletable resource – once a barrel is extracted from the ground and burned, it is gone. Nevertheless, world oil production has continued to increase steadily for…

Can Russia Maintain Current Oil Production Levels until 2020?

Nov 29, 2012 at 17:00 | The Oil Drum

Uncertainty whether Russia can maintain its high level of oil production continues - 10.7 million b/d in 2012 to date on average. A new more benign tax regime that has…

Ukraine Crushed in $1.1bn Fake Gas Deal

Nov 29, 2012 at 10:05 | Charles Kennedy

Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark Ukraine-Spain gas deal that would…

Europe Hot for Algerian Shale Gas

Nov 28, 2012 at 16:30 | Charles Kennedy

The Sahara desert is being billed as a potential cure for the European Union’s gas problems, and all eyes are on Algeria’s 321 trillion cubic feet of recoverable shale gas.…

South Stream Pipeline will Increase Gazprom's Control over Europe

Nov 28, 2012 at 16:21 | Matthew Hulbert

Well, it’s finally coming; Russia is starting construction of the €16bn South Stream pipeline on 7th December to make sure it retains a strong grip over South East European and…

Polluters Must Pay In 'The New Era Of Responsibility': Jeffrey Sachs

Nov 28, 2012 at 16:19 | Economywatch

In a momentous verdict last week, BP was ordered to pay the largest criminal penalty in U.S. history for its role in the Deepwater Horizon oil spill. However, while polluters…

Three Dilemmas Awaiting OPEC in the Future

Nov 27, 2012 at 17:20 | Matthew Hulbert

OPEC faces a triple dilemma over the short, medium and long term, none of which have good outcomes for the cartel. The short term is simple; prices are likely to…

The 'New Weather' Is New Headache for Old Grid

Nov 27, 2012 at 17:15 | Llewellyn King

Whatever its cause, the weather is getting more severe and America's aging utility grid is ill-suited to withstand the furies that Mother Nature is unleashing on it with increasing frequency.…

US Power Grid Vulnerable to Just About Everything

Nov 26, 2012 at 17:02 | Charles Kennedy

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran’s eventual nuclear potential, it has a much more pressing problem at home: Its…

Internal Divisions could Burst Canada's Oil Bubble

Nov 26, 2012 at 16:58 | Daniel J. Graeber

Provincial leaders in energy-rich Canada are reviewing ways to send oil from Alberta province to eastern refineries in an effort to ensure energy independence. Most of the refineries in the…

Ten Reasons to be Wary of US Energy Independence Claims

Nov 26, 2012 at 16:53 | Matthew Hulbert

U.S. energy independence must be about to happen. The International Energy Agency just devoted its World Energy Outlook 2012 to telling us so. America will become the largest producer of…

Three New Energy Technologies that Could Change the World

Nov 26, 2012 at 16:40 | James Burgess

In the latest issue of Technology and Innovation – Proceedings of the National Academy of Inventors, three new energy technologies are discussed which could potentially change the world.The…

China's Coal Mines Near Uranium Deposits, Raising Pollution Fears

Nov 23, 2012 at 17:14 | John Daly

China’s omnivorous demand for energy to fuel its booming economy has led Beijing to place a high priority on developing indigenous fossil fuel resources, and one there is paramount. 

Let the Fracking Begin in Europe - Very Cautiously

Nov 23, 2012 at 12:05 | Editorial Dept

The European Parliament has rejected a proposal to ban new hydraulic fracturing operations on European Union territory, but while opportunities abound, they won’t be revolutionary just yet.Europe’s decision…

Ontario Smacked by U.S. Lawsuit on Fracking

Nov 22, 2012 at 17:31 | John Daly

One of the major North American energy success stories over the past decade has been the massive rise of U.S. natural gas production as a result of the hydraulic fracturing…

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