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Energy

Shell to Invest $800 Million in Shale Gas Production in Ukraine

Sep 04, 2011 at 09:48 | Charles Kennedy

Ukrainian Energy Minister Yury Boyko told reporters that Royal Dutch Shell will invest $800 million in geological exploration and production of shale gas in eastern Ukraine. After signing the contract…

Shale Oil and Natural Gas Resources to be Developed in Argentina

Sep 03, 2011 at 10:53 | Charles Kennedy

Exxon Mobil Corp, the largest U.S. oil company, will spend up to $76.3 million to explore and develop shale oil and natural gas in Argentina’s Neuquén basin in collaboration with…

Unseemly Scrabble for Libya’s Post-Gaddafi Oil Assets Underway

Sep 02, 2011 at 07:45 | John Daly

While NATO members, led by France, piously proclaimed at the onset of their military offensive in Libya that their concerns were solely humanitarian, a covert tussle to gain a commanding…

DOD Releases Energy Consumption Report for 2010

Sep 02, 2011 at 07:31 | Sohbet Karbuz

Finally, the Office of the Deputy Under Secretary of Defense (Installations and Environment)  released the DOD’s Annual Energy Management Report for Fiscal Year 2010. This report focuses on energy used…

The Green Climate Fund is Destined for Failure

Sep 02, 2011 at 07:28 | Mark Nicholls

The Green Climate Fund (GCF), designed to channel $100 billion a year in climate-related investment to the developing world by 2020, is destined for failure, according to Bloomberg New Energy…

So Much for the Polar Bears - Arctic Drilling to Begin

Sep 01, 2011 at 08:59 | John Daly

The “good” news for wildlife around the Arctic Circle is that BP, renowned despoiler of the Gulf of Mexico, will not be coming. BP’s 2010 Deepwater Horizon oil spill…

Transitioning to a Sustainable Economy is the Way Out of Crisis

Sep 01, 2011 at 08:56 | Open Democracy

S&P, in downgrading the USA, made the right call for the wrong reason. Keynesians like Jeffrey Sachs see this but need to go even further: the developed world will come…

Electric Cars Losing their Appeal in China

Aug 31, 2011 at 07:40 | Stuart Burns

A debate raging largely behind closed doors among members of China’s ruling élite mirrors a wider debate that has been gathering steam this year: the viability of electric vehicles, at…

The Real History of the Standard Oil Company - Part 2: The Beginning

Aug 31, 2011 at 07:28 | MasterResource

[Editor Note: This five-part series by Mr. Epstein revisits the Standard Oil Trust controversy in this the 100th anniversary of the breakup of the Trust. Part I yesterday reviewed…

Sell Oil for a Stock Hedge

Aug 30, 2011 at 18:02 | Mad Hedge Fund Trader

Over the last month, asset classes everywhere have downshifted to new, lower trading ranges, reflecting the very rapid chopping of GDP growth forecasts for 2011 from 4% to 2%. Oil…

Natural Gas Prices and the Bottom of the Resource Triangle

Aug 30, 2011 at 08:36 | Gail Tverberg

Theoretically, we have a very large amount of resources of many kinds available–oil, natural gas, coal, uranium, gold, fresh water. There is a relatively small amount of high quality, inexpensive-to-extract…

Fundamentals, Speculation, and Oil Prices

Aug 30, 2011 at 08:23 | James Hamilton

I was in Washington DC last week, arriving right after the earthquake and getting out of town just before Irene, to attend a conference on commodity markets at the Commodity…

Unchecked Economic Freedom and The Real History of the Standard Oil Company - Part 1

Aug 30, 2011 at 08:17 | MasterResource

[Author’s Note: This year marks the 100th anniversary of the Supreme Court ruling that found Standard Oil guilty of violating the Sherman Antitrust Act. As punishment, the world’s largest and…

Debt Forgiveness, Ancient Greece and Peak Energy

Aug 30, 2011 at 08:12 | Kurt Cobb

In the 6th century B.C. Athenians gave extraordinary powers to one man to make needed reforms that would deliver Athens from economic stagnation and the gradual enslavement of the lower…

Russia and China's Energy Dispute and the Struggle for Eurasian Dominance

Aug 29, 2011 at 08:03 | John Daly

China’s voracious appetite for energy from anywhere has led most oil-producing nations to attempt to feed the dragon, including Russia. But a curious situation has developed as regards Russian oil…

New Update for U.S. Natural Gas Supplies in the Marcellus Shale Formation

Aug 29, 2011 at 07:54 | Brian Westenhaus

The Marcellus Shale formation that extends across eight U.S. states has a new estimate out from the US Geological Survey (USGS).  The new estimate of the reserve was increased from…

Natural Gas Analysis for the Week of August 29, 2011

Aug 29, 2011 at 07:48 | FX Empire

Natural Gas futures remained under pressure last week as traders assessed the potential impact of Hurricane Irene on supply and demand. The consensus is that after the hurricane passes, temperatures…

Brazil’s Rapidly Expanding Offshore Oil Industry

Aug 29, 2011 at 07:44 | Al Fin

While the US Obama administration carries on a de facto offshore oil moratorium, Brazil is rushing to develop its own vast offshore petroleum resources. Brazil is spending over $220 billion…

Low Carbon Strategies and Economic Growth

Aug 29, 2011 at 07:36 | The Oil Drum

At the intersection of global energy depletion and concerns about human impact on the environment lie some serious and oft overlooked issues. Largely gone from our public discourse is the…

Crude Oil Analysis for the Week of August 29, 2011

Aug 28, 2011 at 09:55 | FX Empire

October Crude Oil posted an inside week but still managed to close higher. The inside pattern often indicates impending volatility because of the compression of the daily ranges. Since the…

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