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Energy

Is TransCanada Going the Way of Gazprom?

Nov 02, 2012 at 19:07 | Daniel J. Graeber

Canadian pipeline company TransCanada announced its Mexican subsidiary was given a contract by the federal power company there to build a 329-mile natural gas pipeline for the state. The company…

TransCanada Awarded Contract to Build $1 Billion Natural Gas Pipeline in Mexico

Nov 02, 2012 at 18:55 | Energy Digital

TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) today announced that its Mexican subsidiary, Transportadora de Gas Natural del Noroeste, has been awarded the contract to build, own and operate the El…

Why US Energy and Economic Prospects Improve if Obama Loses

Nov 01, 2012 at 19:09 | Al Fin

US President Obama has big plans for using the US Environmental Protection Agency (EPA) to shut down a large number of US energy projects and enterprises. The EPA's destructive…

China’s Purchase of U.S. Fracking Company will give it Advanced Technology

Oct 31, 2012 at 19:17 | John Daly

As the U.S. ramps up to its presidential election, both Republican candidate Mitt Romney and incumbent President Barack Obama have increasingly made a “get tough” approach with China a part…

Looking at the Fight for US Energy Independence

Oct 31, 2012 at 19:08 | The Oil Drum

Mark J. Perry caused a minor sensation on October 22, 2012 when he posted a blog about record-breaking fossil fuel production in the United States. Perry is an economics professor…

Putin Plays Down Russia's Deadly Dependence on Oil & Gas Revenues

Oct 30, 2012 at 18:33 | Al Fin

How dependent on oil & gas revenues is Russia's federal budget? Vladimir Putin recently claimed that his government is only 50% dependent on oil & gas revenues:President Vladimir…

Hurricane Sandy: Litmus Test for America's Utilities

Oct 29, 2012 at 17:45 | Charles Kennedy

About this time last year, Americans lost faith in their power companies, who failed to respond effectively to restore power outages resulting from a storm. This past summer, a series…

South Africa Shocked by Price-Fixing Collusion Amongst Oil Majors

Oct 29, 2012 at 17:41 | John Daly

South Africa, Africa’s largest economy, has a weakness – the massive deficit caused by energy imports.Largely bereft of hydrocarbons, Pretoria relies on imports.Last year, the authoritative…

The US is Not Even Close to Being the Next Saudi Arabia

Oct 29, 2012 at 17:38 | Dave Summers

There has been a little stir in the news on Energy lately, as folks have begun to extrapolate the growth in American oil and gas production to the point that…

Putin Strengthens his Grip on World Energy with TNK-BP Deal

Oct 26, 2012 at 17:54 | Marin Katusa

Exxon Mobil is no longer the world's number-one oil producer. As of yesterday, that title belongs to Putin Oil Corp – oh, whoops. I mean the title belongs to Rosneft,…

Why Shale Oil Will Never be a Game Changer

Oct 26, 2012 at 17:50 | The Oil Drum

The impact of unconventional fuels like shale oil on the global energy system is still an issue of great uncertainty. Not so much because of the size of the tank…

Why the US is NOT the New Saudi Arabia

Oct 25, 2012 at 18:17 | Dave Cohen

Here we go again, another ‘Planet Stupid’ update. All posts like this one have a predictable structure. Some egregious baloney is put out by a propaganda organization like Reuters, the…

US to Overtake Saudi Arabia? Skewing the Oil Stats

Oct 25, 2012 at 17:46 | Charles Kennedy

The headline-sweeping news led by the Associated Press this week to the effect that the US is poised to overtake Saudi Arabia as the world’s largest producer of oil buries…

Will Shale Create Ohio Ghost Towns in 2040?

Oct 25, 2012 at 17:44 | Daniel J. Graeber

A report released this week from IHS finds unconventional oil and natural gas activity will add as much as $61 billion to federal and state coffers this year. In…

Alberta's Citizens Against Growing Chinese Efforts to Acquire Energy Assets

Oct 25, 2012 at 17:39 | John Daly

The conservative government of Canadian Prime Minister Stephen Harper has been assiduously touting China as a vast new potential energy market for Canada’s hydrocarbon exports, most notably Alberta’s rising bitumen…

Peak Oil and the Challenging Years Ahead

Oct 25, 2012 at 17:34 | Gail Tverberg

We seem to hear two versions of the story of limited oil supply:1. The economists’ view, saying that the issue is a simple problem of supply and demand.…

Flaring Increases in the US Due to Low Natural Gas Prices

Oct 24, 2012 at 17:16 | Saltanat Berdikeeva

North Dakota’s oil production from its Bakken Shale formation continues to grow, reaching 660 thousand barrels per day (bbl/d) in June 2012. With a back-to-back 5 percent rise in…

US Shale Gas Bubble is Set to Burst

Oct 24, 2012 at 17:14 | Post Carbon

For the past three or four years media sources in the U.S. trumpeted the “game-changing” new stream of natural gas coming from tight shale deposits produced with the technologies of…

Can Russia Afford to Cut Itself off from Western Oil Companies?

Oct 24, 2012 at 17:12 | Al Fin

“For foreign oil companies seeking to expand production and reserves, Russia is now off limits,” Robbert Van Batenburg, head of research at Louis Capital Markets LP in New York, said…

Oil Sands Crude Crashes Through $60 a Barrel

Oct 24, 2012 at 15:36 | Frik Els

The price oil sands producers receive fell to $48 a barrel below the international benchmark after a $4.50 or 21% widening to $25.00 of the spread between the price…

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