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Energy

Cypriot Bailout Linked to Gas Potential

Mar 21, 2013 at 18:21 | Charles Kennedy

Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a…

Will Canadian Energy Trends Continue for the Foreseeable Future?

Mar 21, 2013 at 18:12 | Keith Schaefer

There are two trends in the Canadian energy patch in the last three weeks that have been making money for investors – but the question is, do they have legs?…

Lebanon’s Oil Industry Heading into Troubled Waters

Mar 20, 2013 at 18:25 | Claude Salhani

Oil and natural gas from Lebanon’s yet to be exploited fields in the Mediterranean Sea are heading into troubled waters experts in Beirut predict. Unless the Lebanese government adopts stern…

Is Paranoia Driving Fracking Fears?

Mar 20, 2013 at 18:23 | Daniel J. Graeber

Around 100 people crammed into a tiny community center in West Michigan this week for a town hall meeting on hydraulic fracturing.  Michigan ranks 15th in the nation in terms…

Colombia: Shale Oil Exploration Gains Momentum

Mar 20, 2013 at 18:17 | Editorial Dept

(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…

Shell to Spend $1bn in Iraqi Oilfield Development

Mar 19, 2013 at 18:13 | Charles Kennedy

As Royal Dutch Shell prepares to resume operations at Majnoon field in Iraq in May, the supergiant plans to invest more than $1 billion this year to bring production online.…

Oil Sands Show Obama’s Policy-Making at Its Worst

Mar 19, 2013 at 18:01 | Llewellyn King

What a mess President Obama makes as he tries to placate both sides of a dispute and comes out looking just inept.The president’s possible approval of the 2,000-mile-long…

Gas Mileage Better, But Are Consumers Buying It?

Mar 18, 2013 at 14:50 | Daniel J. Graeber

President Barack Obama used his weekly address to say the country is ready to take control over its energy future. This is because oil production is at a 15-year high…

Why New Oil Discoveries won’t Make a Difference to our Energy Future

Mar 18, 2013 at 12:54 | Kurt Cobb

With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to…

Coal Is the Fuel of the Past and the Future

Mar 18, 2013 at 12:48 | Llewellyn King

Hal Quinn, president of the National Mining Association, says coal in 2016 will again be the world’s favorite carbon fuel, pushing out petroleum as the world's largest source of energy.

Calculating the True Carbon Footprint of a Renewable Energy Grid

Mar 18, 2013 at 12:43 | Futurity

Scientists have developed a new way to calculate the carbon footprint of batteries needed to store wind and solar power for the electrical grid. A key problem is that…

No Energy in U.S. Energy Debate

Mar 16, 2013 at 15:57 | Daniel J. Graeber

Rep. Ed Markey, ranking member of the House Energy Committee, said an investigation into Shell's offshore Alaska campaign suggested the company wasn't ready to work in extreme environments. An Interior…

Exxon Mobil Predicts EV’s will Fail and China’s Economy will Decline

Mar 16, 2013 at 15:37 | Stuart Burns

Continued from part one.Bearing in mind the rising proportion coming from emerging markets, it is no surprise that ExxonMobil says industrial production, particularly of raw materials such…

Special Report: 8 Megatrends Driving the Oil & Gas Industry

Mar 15, 2013 at 15:50 | Editorial Dept

Resource nationalism surges full speed ahead and metamorphoses along the way; global subsidies come back to bite governments where it hurts; mergers and acquisitions redefine the industry; the hunger for…

Deeper & Smarter: The Subsea Oil & Gas Growth Outlook

Mar 15, 2013 at 15:38 | Editorial Dept

Right now, we’re looking at a 70%-30% spread for total global onshore and offshore oil and gas production, respectively. Of that 30% of offshore production, subsea oil and gas production…

BRAZIL: Oil Production Threatened by New Royalties Law

Mar 15, 2013 at 14:39 | Editorial Dept

Bottom Line: Massive plans to tap into Brazil’s subsalt fields and an upcoming auction of new oil and gas blocks in May could be delayed as we expect a high-profile…

This Week in Energy - Methane Hydrates, Ethanol Mandate & Oil Market Movements

Mar 15, 2013 at 13:07 | James Stafford

America’s ethanol mandate under fire for jumping the gun; Obama prepares to announce a $2 billion “oil-pays-for-clean-car-research” plan; Japan storms international scene with methane hydrate mining; crude market movements show…

Why the High Oil Prices if Supplies Really are Abundant?

Mar 14, 2013 at 17:48 | Kurt Cobb

It is a slick piece of public relations to convince people to disregard what is right in front of them and believe the opposite. And yet, that is what the…

Is the U.S. Oil Boom About to Bust?

Mar 13, 2013 at 18:03 | Daniel J. Graeber

The United States is expected to lead the pack among non-OPEC members in terms of oil supply growth for 2013. That's the assessment from this month's market report from the…

The US Looks on as Pakistan and Iran Inaugurate Gas Pipeline

Mar 13, 2013 at 17:55 | Juan Cole

Iran’s president Mahmoud Ahmadinejad and Pakistani president Asaf Ali Zardari on Monday inaugurated a gas pipeline that will supply Pakistani cities with Iranian natural gas. The pipeline has been…

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