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Energy

Weaning off Middle East Oil Means Less Than you Think

Jun 29, 2012 at 16:25 | Jen Alic

One expects the crazy talk to come out during an election season, but reports that the US is close to being weaned off Middle Eastern oil and set to become…

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 | Jen Alic

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…

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