Energy

Jan 03, 2012 at 19:10 | Breakthrough Institute

The technological revolution allowing for the cheap extraction of natural gas from shale occurred thanks to more than three decades of government subsidies for research, demonstration, and production, a new…

Jan 03, 2012 at 19:07 | FX Empire

Another round of selling pressure drove the February Natural Gas futures contract to a new low last week. The market also closed under the psychological $3.00 level, indicating that further…

Jan 02, 2012 at 17:10 | John Daly

In a nasty New Year’s Day present to his fellow Nigerians, President Goodluck Jonathan directed his administration to end fuel subsidies, effective immediately. Petroleum Products Pricing Regulatory Agency issued a…

Jan 02, 2012 at 07:55 | FX Empire

February Crude Oil had a weak follow-through to the upside after a powerful rally the week before. The thin holiday trade was probably the biggest reason for the lack of…

Jan 01, 2012 at 20:49 | John Daly

As 2011 draws to a close, consider the miserable plight of the average Pakistani electricity consumer.  With about 50 per cent less electricity generation capability than the actual…

Jan 01, 2012 at 20:39 | Brian Westenhaus

It’s easy to see the Iranian Mullahs and their allied minions as a world threat. The country is a significant source of crude oil, has a strategic location over the…

Dec 30, 2011 at 08:39 | John Daly

Of the four rising economies comprising the BRIC grouping, only the Russian Federation and Brazil are self-sufficient in energy production.  Accordingly, China is investigating any and all possible…

Dec 30, 2011 at 08:31 | Robert Rapier

Here are my choices for the Top 10 energy related stories of 2011. Don’t get too hung up on the relative rankings. They are mostly in no particular order, although…

Dec 30, 2011 at 08:26 | Economywatch

The world’s major 3,000 corporations are responsible for a third of global environmental damage, but economists are divided in their views of how to stop them polluting. Some say government…

Dec 29, 2011 at 09:15 | John Daly

The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90…

Dec 29, 2011 at 09:03 | James Hamilton

One big story of 2011 was the United States switched from being a net importer to a net exporter of petroleum products. Here are the details behind that development. The…

Dec 29, 2011 at 09:01 | John Daly

On 23 December Spain's biggest oil firm Repsol YPF, S.A. and Italy’s Ente Nazionale Idrocarburi S.p.A., better known by the acronym ENI, signed a $1.5 billion deal with state-owned oil…

Dec 29, 2011 at 08:43 | Ed Dolan

The administration is coming under increasing pressure to accelerate approval of the Keystone XL pipeline, designed to carry increased U.S. imports of bitumen from Canadian oil sands. The latest form…

Dec 28, 2011 at 15:24 | The Oil Drum

With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered one of the largest oil fields ever found in the North…

Dec 27, 2011 at 11:27 | Barry Stevens

Natural gas is a critical feedstock to many chemical production processes, and has many environmental benefits over coal as a fuel for electricity generation; over electricity and traditional heating fuels…

Dec 26, 2011 at 11:22 | FX Empire

Last week the fundamentals clashed with the technicals in the February Crude Oil futures market and by week’s end the fundamentals clearly won. Even though the contract did not take…

Dec 26, 2011 at 11:03 | FX Empire

The downtrend continued in the Natural Gas futures market as the February contract reached a new low at $3.100. The trade was slow last week, partly because of light volume…

Dec 23, 2011 at 20:48 | John Daly

On 13 December British-based oil and gas exploration company Rockhopper Exploration Plc announced that a new well proved its Sea Lion field 80 miles off the Falklands coast is bigger…

Dec 22, 2011 at 20:05 | John Daly

At what point does a nation’s energy infrastructure become unsustainable? According to Pakistani Intezar Mehdi, corporate lawyer and energy expert, the nation is on the precipice. MEhdi, a corporate lawyer,…

Dec 22, 2011 at 19:55 | James Burgess

Computers run the world. They are intrinsically linked into every system, few processes are fully manual. This means that to control the system you just need to control the computer.…