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Energy

Eurozone Crisis Impacts Cyprus's Natural Gas Dreams

Jun 29, 2012 at 16:23 | John Daly

Cyprus, thrilled to be taking over presidency of the European Union on 1 July, has a more immediate problem. Several of the largest banks there last month were essentially downgraded…

Why Low Oil Prices Indicate the World is Heading for a Recession

Jun 29, 2012 at 16:18 | Gail Tverberg

Are lower oil prices good news? Not really, if it means the world is sinking into recession.We know from recent past experience and from common sense that higher…

Iran Prepares for EU Sanctions Which Take Full Effect on 1st of July

Jun 29, 2012 at 16:04 | RFE/RL staff

July 1 figures to be a bad day for Iran -- that's when hard-hitting EU sanctions on Iran's oil exports take full effect. The sanctions targeting the country's…

Have Sanctions Against Iran Worked?

Jun 29, 2012 at 16:00 | Hadaf Zubi

In a word: “no”.The US State Department has been very adamant that the economic pressure they have been putting on Iran will force Iran to come to the…

Little Protection Forecast from U.S. Oil Boom

Jun 28, 2012 at 17:19 | Daniel J. Graeber

When crude oil prices settled above $100 per barrel during the first quarter this year, the International Energy Agency noted that psychological risks were infused into oil markets. Tehran, at…

Carbon Capture and Storage Could Cause Earthquakes

Jun 28, 2012 at 17:07 | James Burgess

Carbon Capture and Storage (CCS) involves injecting carbon dioxide into underground geological reservoirs for long term storage, and is a major part of the global strategy for reducing greenhouse gas…

Whatever Happened to the Keystone XL Pipeline?

Jun 27, 2012 at 16:40 | Charles Kennedy

Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL pipeline? Stuck on the US-Canadian border where…

BRIC's Achilles Heel - Energy

Jun 27, 2012 at 16:38 | John Daly

In 2001 Jim O'Neill, then Goldman Sachs head of global economic research and commodities and strategy research, coined an acronym that has increasingly come to dominate the last decade in…

Mongolia's Coal Riches Causing Diplomatic Nightmare

Jun 27, 2012 at 16:35 | Charles Kennedy

Mongolia boasts huge deposits of coal, cooper, gold, uranium and many other rare minerals, and is opening up its vast resources to the world; this has however led to many…

Report Claims New Fuel Efficiency Standards Will Create 570,000 Jobs By 2030

Jun 27, 2012 at 16:29 | Climate Progress

New fuel economy standards proposed in 2011 by the Environmental Protection Agency and Department of Transportation could create 570,000 jobs between 2017 and 2030, according to a report released today…

No Dark Clouds on Oil Horizon

Jun 26, 2012 at 16:18 | Daniel J. Graeber

The U.S. Department of Energy predicted that OPEC will remain in relatively the same position in terms of market share at least through 2035. In terms of the pricing, the…

NASCAR's Effect on the Environment

Jun 26, 2012 at 16:02 | Climate Progress

A couple of weeks ago, I wrote about possible ways that climate change could affect baseball. This time I want to talk about how a sport can impact the…

Why Are Gasoline Prices Falling?

Jun 25, 2012 at 17:17 | James Hamilton

West Texas Intermediate crude oil, which had been selling for $105 a barrel at the end of March, fell to $80 a barrel last week, while Brent has come from…

Should we Still be Concerned with Peak Oil?

Jun 25, 2012 at 17:05 | Dave Cohen

With oil prices falling precipitously, this seems like a good time to reassess the widely anticipated phenomenon known as peak oil. How much of a threat is it as we…

Oil in the Bahamas - Potential Replay of BP/Gulf of Mexico?

Jun 22, 2012 at 17:36 | John Daly

Mention the Bahamas to most people and you’ll get a sigh, followed by imagined images of a tropical paradise surrounded by azure waters.That romantic image may be about…

Greece's New Centrality - and Dilemmas - in Energy

Jun 22, 2012 at 17:23 | Defense and Foreign Affairs

Greece began assuming a new geopolitical significance in May and June 2012 as the “energy war” — or “pipeline war” — between US and Russian interests took on a new…

Poll Shows Most Americans are Unfamiliar with Hydraulic Fracturing

Jun 22, 2012 at 17:17 | Climate Progress

Take nothing for granted. That is the most important thing to remember when communicating with the public — or the media or any other group for that matter. Readers of…

Coal, Renewable Energy's Dirty Step Child

Jun 21, 2012 at 16:52 | Charles Kennedy

The war on coal is environmentally sound but the lack of subtlety in getting rid of this dirty energy step child is destructive and natural gas would eventually triumph over…

Iran Looking for Dragons in Caspian Sea

Jun 21, 2012 at 16:49 | Daniel J. Graeber

Iran announced this week that it's made its first oil discovery in the Caspian Sea in more than 100 years. The semiofficial Fars News Agency reports the find, in ultradeep…

Mr. X and the Future U.S. Envoy to Baku

Jun 20, 2012 at 17:42 | Daniel J. Graeber

Richard Morningstar, the U.S. energy czar to Eurasia, told lawmakers on Capitol Hill that he'd do more than get behind oil and natural gas pipelines from Azerbaijan if confirmed…

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