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Energy

This Week in Energy: Landmark EU-Ukraine Agreement Officially Dead

Nov 22, 2013 at 13:03 | James Stafford

Ukraine was set to sign a landmark trade association agreements with the European Union on 29 November, much to the dismay of Moscow, but the deal is now…

The Makings of a Petro-State

Nov 21, 2013 at 17:08 | Nick Cunningham

The Energy Information Administration (EIA) predicts the Bakken formation will hit a milestone in December when it surpasses 1 million barrels per day of oil production. Since 2010, oil production…

Keystone XL Proposed Launch Delayed to 2016

Nov 21, 2013 at 16:50 | Joao Peixe

Canadian pipeline giant TransCanada Corp. (TRP) has delayed the start date for the planned Keystone XL pipeline for a second time this year to 2016, as approval from Washington…

Does the IEA Know What It’s Talking About?

Nov 21, 2013 at 16:47 | Kurt Cobb

It was as if the International Energy Agency were appearing on the old American television game show To Tell the Truth last week as it offered a

Lower Fuel Prices not Enough for U.S. Travelers

Nov 20, 2013 at 17:28 | Daniel J. Graeber

Some retail service stations in the United States have already posted prices below the elusive $3 mark this year and prices could dip even further before the New Year. U.S.…

How an EU-US Free Trade Agreement will Affect the Energy Sector

Nov 20, 2013 at 17:21 | Energy Post

Last week the second round of negotiations for an EU-US free trade agreement took place. Energy has not been making headlines in the context of these talks, but a TTIP (Transatlantic Trade…

DOE Dashes Freeport LNG Export Hopes

Nov 20, 2013 at 17:13 | Charles Kennedy

Texas’ Freeport LNG terminal was given the conditional green light in May, but a new bid to ship more liquefied natural gas from the terminal has fallen short of expectations…

Two Dead in Total Refinery Explosion in Belgium

Nov 20, 2013 at 08:40 | Charles Kennedy

An explosion at a refinery in Antwerp, Belgium operated by France’s Total SA on 19 November has killed two subcontractors.     The explosion occurred in a steam…

Mexico: the Final Piece in North America’s Energy Renaissance

Nov 19, 2013 at 17:30 | Rory Johnston

The energy renaissance in the United States and Canada has left Mexico largely behind. While American and Canadian crude production has jumped over thirty percent in the last decade, Mexican…

How Effective are Anti-Oil Protests?

Nov 19, 2013 at 17:23 | Daniel J. Graeber

A Russian court granted bail Monday to two of the 30 people arrested when activists with Greenpeace tried to climb the Arctic-class ice-resistant Prirazlomnaya oil rig deployed in the Pechora…

The Next Shale Revolution—Probably Russia

Nov 19, 2013 at 17:16 | Charles Kennedy

More than 400 shale oil and gas wells will be drilled outside of the US in 2014, most of them in China and Russia, while Europe largely sits on the…

Oil Prices Unlikely to Climb Much Higher

Nov 19, 2013 at 17:13 | Gail Tverberg

Nearly everyone believes that oil prices will trend higher and higher, allowing increasing amounts of oil to be extracted. This belief is based on the observation that the cost of…

TVA Coal Closures Signal of What’s to Come

Nov 18, 2013 at 18:24 | Nick Cunningham

On November 14 the Tennessee Valley Authority announced plans to shut down eight coal generating units with a combined power generating capacity of over 3,000 megawatts  The decision will…

China Gobbles Up Assets in Latin America

Nov 18, 2013 at 17:37 | Charles Kennedy

China National Petroleum Corp (CNPC) has agreed to purchase $2.6 billion in Peruvian gas assets from Brazil’s debt-strapped state-run oil company Petrobras as China works fast to increase its Latin…

What Happens after the U.S. Oil Boom Goes Bust?

Nov 15, 2013 at 18:06 | Daniel J. Graeber

The Bakken crude oil formation spread out over North Dakota and Montana should give up more than 1 million barrels of oil per day next month. North Dakota is already…

An Energy Revolution is Not Off the Cards: Interview with Maria van der Hoeven

Nov 15, 2013 at 17:58 | Energy Post

In its new World Energy Outlook (WEO), the IEA is cautious about the prospects of unconventional oil and gas outside the US. As regards shale gas, it notes that “uncertainty…

Fire at Chevron Mississippi Refinery, One Dead

Nov 15, 2013 at 17:20 | Joao Peixe

A deadly fire has broken out at the Chevron Pascagoula Refinery, with one reported death so far, according to local news agencies. A fire broke out following…

If Peak Oil is Approaching why is Gasoline so Cheap?

Nov 15, 2013 at 17:13 | Post Carbon

There are many zigs and zags, twists and turns, and unintended consequences along the path to higher priced and scarce oil. Only three months ago it seemed we were headed…

A Chance To Find The World’s Best Uranium Deposit… Again

Nov 15, 2013 at 16:24 | Editorial Dept

There’s something very special about Australia’s Olympic Dam uranium mine.Olympic Dam is the largest uranium ore body in the world, with a towing 57-year reserve life. Production…

The IEA Finally Gets it Right

Nov 15, 2013 at 16:18 | Dan Dicker

The latest IEA report on Crude supplies has got me thinking, a new accomplishment for the IEA who have been woefully behind the curve on most of the major…

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