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Energy

Oil Supply Outages Leave Spare Capacity Tightest Since 2008

Nov 29, 2013 at 16:08 | Nick Cunningham

There has been quite a sell-off in oil in the last few months. First, the deal between Iran and the West made front-page headlines and sparked speculation of an imminent…

Will Rail Become the Next Target of Oil Protests?

Nov 28, 2013 at 18:08 | Daniel J. Graeber

A watchdog report said the Canadian government isn't doing enough to ensure the rail transport industry is monitored effectively. With rail one of the few viable alternatives to pipelines, the…

Gazprom Takes on Lithuania with New LNG Terminal

Nov 28, 2013 at 18:02 | Charles Kennedy

Russian state-owned gas giant Gazprom is eyeing late 2017 for the completion of a liquefied natural gas (LNG) terminal on the Baltic Sea coast of Kaliningrad as the company seeks…

Kurdistan Set to Begin Oil Exports to Turkey with New Pipeline Next Month

Nov 28, 2013 at 17:56 | Nick Cunningham

Kurdistan’s Prime Minister announced oil exports will begin in December from a new pipeline, marking a major milestone for the semi-autonomous region in Iraq. During an interview with reporters…

Mexico’s Pemex Moves to Boost Maritime Fleet

Nov 28, 2013 at 17:51 | Charles Kennedy

Mexican state-owned oil giant Pemex is moving swiftly to boost its maritime fleet with confirmation of a deal to acquire a majority share in a Spanish shipyard, a shipyard deal…

How the World will Benefit from a Deal with Iran

Nov 28, 2013 at 17:46 | Energy Post

The interim-deal with Iran should be given a fair chance, argues Friedbert Pflüger, Director of the European Centre for Energy and Resource Security (EUCERS). The world economy would benefit if…

As Canadian Oil Transit by Rail Increases, Safety Regulations Fall Behind

Nov 27, 2013 at 17:30 | John Daly

In light of a recent spate of railway accidents involving dangerous cargoes, Canada is revising its laws regarding railways transporting hazardous material, including oil. The new regulations will require…

Another Israeli Gas Find in the Levant Basin?

Nov 27, 2013 at 17:19 | Charles Kennedy

Houston-based Noble Energy and Israeli energy company Delek Group said on 26 November that another gas find may be in the works with signs of a natural gas discovery in…

Despite Climate Fears, World Economy Runs on Fossil Fuels

Nov 26, 2013 at 17:33 | Daniel J. Graeber

Statoil Chief Executive Officer Helge Lund said those advocating for a future without fossils fuels are pining for a future economic era that may never come. "We have to…

Shell Produces Gas at Record Low Cost in China

Nov 26, 2013 at 17:30 | Charles Kennedy

Royal Dutch Shell has announced it is producing natural gas at its Changbei project in China at a major discount and plans to start test production in the second phase…

A Civics Lesson on Government-Private Collaboration

Nov 26, 2013 at 17:25 | Llewellyn King

The world is awash in natural gas and, to a somewhat lesser extent, in oil. This is due to the controversial but hugely effective technology of hydraulic fracturing, known as…

Despite Reforms, Brazil and Mexico Lack Energy Investment

Nov 25, 2013 at 18:05 | Global Risk Insights

The International Energy Agency (IEA) report, released last week, features Brazil as both a world leader in renewable energy and soon to be a major exporter of oil. The…

BP at Heart of Revived Dispute over Kirkuk Oil

Nov 25, 2013 at 17:51 | Charles Kennedy

Iraqi central authorities in Baghdad have announced plans to go ahead with a controversial deal with British oil giant BP Plc. to revive the giant oilfield in disputed Kirkuk in…

Canada to Build World’s Largest Artificial Lake District to Store Oil Sand Waste

Nov 25, 2013 at 17:47 | MINING.com

About 30 artificial lakes may be built in Canada’s oil sand rich province of Alberta by the time companies currently extracting heavy crude from the area finish their work, as…

Russia Takes Steps to Increase LNG Exports

Nov 22, 2013 at 18:18 | Nick Cunningham

On November 22, the Russian Parliament voted to loosen the monopoly power that Gazprom has over exporting natural gas. Gazprom – one of the largest producers of natural gas…

Political Posturing Hurts U.S. Energy Future

Nov 22, 2013 at 18:13 | Daniel J. Graeber

A vote by the U.S. Senate to change rules on filibusters is an indication of how the partisan divide in Washington may inhibit an energy future some lawmakers are trying…

Turning Water and Carbon Dioxide into Gasoline in the Holy Land

Nov 22, 2013 at 18:06 | John Daly

In a development with enormous potential implications for the world’s energy needs, Ben-Gurion University of the Negev researchers have invented a process to make gasoline from water and carbon dioxide.

Horizontal Drilling Picks up Pace in Permian Basin

Nov 22, 2013 at 17:59 | Charles Kennedy

Texas’ Permian Basin remains the biggest oil producer in the US, and though its production has grown more modestly than other new plays this may be about to change with…

Virus-Built Nanowires Help Boost Battery Performance

Nov 22, 2013 at 17:56 | Brian Westenhaus

Leave it to the wizards at MIT for amazing innovation.  MIT researchers have found a way to boost lithium-air battery performance, with the help of modified viruses.

Where’s The Top Place to Produce Oil and Gas Today?

Nov 22, 2013 at 17:29 | Editorial Dept

One of the most critical pieces of news for the E&P sector came this month. Not a new discovery. Or a high-impact drilling technique. In fact, this development…

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