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Energy

U.S. Governors Seek "Onramp" to Pipeline for Booming Bakken Shale Output

Mar 04, 2010 at 13:41 | Darrell Delamaide

Governors of Montana and North Dakota met with TransCanada Corp. officials this week in an effort to convince the builder of a nearly 2,000-mile pipeline from Alberta to the…

Gazprom Finally Accepts that Shale Gas Has Changed the World

Mar 03, 2010 at 17:46 | Dave Forest

The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas prices on the continent. This…

The Great Divide of Natural Gas

Mar 02, 2010 at 19:50 | Dave Forest

South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major EnCana covering three fields in…

Is the Shale Gas Revolution Coming to Europe? Should Russia be Concerned

Mar 02, 2010 at 16:21 | Business Insider

European shale-derived natural gas could become a reality far sooner, and in far larger quantities, than markets expect In a Securities and Exchange disclosure from last…

Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target

Mar 02, 2010 at 13:47 | Darrell Delamaide

Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…

Energy Efficiency and its Impact on Energy Demand

Feb 28, 2010 at 14:12 | Business Insider

Energy efficiency is one of the themes most discussed by those who are interested in issues regarding energy and the environment. The key question is how effective these proposed solutions…

Growing Environmental Concerns on U.S. Shale Oil and Gas Projects

Feb 26, 2010 at 18:50 | Darrell Delamaide

Texas became the latest state to launch an environmental watchdog for energy development as a nonprofit group set its sights on the Barnett Shale drilling in the Dallas-Fort Worth area.…

One Night Stand Pricing

Feb 25, 2010 at 02:32 | Dave Forest

What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or oil at spot versus long-term…

Is the North Sea Oil Production Bonanza Approaching Twilight?

Feb 23, 2010 at 21:34 | Business Insider

The UK Department of Trade and Industry (Oil and Gas) and the Norwegian Petroleum Directorate have both published production forecasts showing increased oil production in the years 2007 and 2008.…

Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb

Feb 20, 2010 at 16:50 | Darrell Delamaide

Oil Market Summary for 02/16/2010 to 02/20/2010. An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly…

The Potential of Natural Gas as a Future Energy Source

Feb 17, 2010 at 19:08 | W.Jack Ford

On January 18, 2010, during the discussion of the Global Energy Outlook panel of the World Economic Forum held in Davos, Switzerland, Mr. Peter Voser, President and CEO of Royal…

Kill American Oil & Gas ration Bans, Unlock $2.4 TrillionExplo

Feb 16, 2010 at 14:44 | Business Insider

A major moratorium on U.S. domestic oil and gas exploration expired in 2008, yet its extension is now being considered. Thing is, despite vigorous alternative energy…

Oil Sands receive a big vote of confidence from Oil Major BP

Feb 15, 2010 at 14:25 | Dave Forest

News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder for a majority stake in…

More About Oil (Part 2): OPEC'S STRATEGY

Feb 15, 2010 at 13:25 | Ferdinand E. Banks

The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…

More About Oil (Part 1): A Preview of The New Decade

Feb 15, 2010 at 13:22 | Ferdinand E. Banks

In 20 years I predict energy wars over oil and  gas resources. By the time it becomes politically profitable to react to problems  in the transport energy sector, it will…

China's Monetary Moves Undercut Crude Oil Rally

Feb 12, 2010 at 21:24 | Darrell Delamaide

Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…

New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's

Feb 11, 2010 at 14:13 | Business Insider

There's some incredible new oil extraction technology being investigated over at Nuclearhydrocarbons.com. Essentially, the U.S. has a lot of spent nuclear fuel (SNF) rods from…

Endless Oil: Prices NOT Peaks are the Issue

Feb 08, 2010 at 15:13 | Ferdinand E. Banks

”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…

Oil and Gas Industry Weathers Shifting Climate

Feb 01, 2010 at 20:10 | Fawzia Sheikh

Often the green movement’s whipping boy, the oil and gas sector has no chance of escaping the scourge of climate change, an issue that everyone from international leaders to even…

Are Official Estimates of Oil Reserves Correct? What Does this Mean for Oil Prices

Jan 28, 2010 at 21:51 | Editorial Dept

Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry . With…

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