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Energy

The Value of Zeros and Ones

Jun 18, 2010 at 09:17 | Dave Forest

Good paper this month in the International Journal of Coal Geology on global trends in coal bed methane (CBM) drilling. CBM has been a success story in unconventional gas, currently…

Iran Signs Major Gas Deal with Pakistan

Jun 17, 2010 at 19:37 | Energy Tribune

This week, Iran signed a major long-term gas export contract with Pakistan and portrayed itself as a reliable supplier for its gas-hungry neighbors in an apparent response to Washington’s intense…

Increased Orders for Gas-Fired Power Plants in U.S. Show Shift Away from Coal

Jun 16, 2010 at 12:04 | Darrell Delamaide

Siemens announced a number of orders for new gas-fired power plants in North Carolina and Florida that seem designed to replace older coal-fired and other high-emission technology rather than to…

The BP Blowout - Part 2

Jun 16, 2010 at 11:49 | Allen Gilmer

Below is the TransOcean rig data on the wellbore from two hours out until blowout. This from what was filed with the US government investigators. So what does it…

Will Obama Force BP into Bankruptcy?

Jun 15, 2010 at 12:49 | Business Insider

BP is already down and out, but President Obama has the power to force the petroleum company into bankruptcy once and for all. An article published in the New York…

Will Iranian Sanctions Hit Oil Prices?

Jun 15, 2010 at 12:07 | Geoffrey Styles

Wednesday's UN Security Council vote on a further round of sanctions on Iran merits attention. While the U.S. and its key allies were able to get a somewhat diluted slate…

Governments, Industry Must Accelerate Pace to Meet G8 Goals on CCS, IEA Says

Jun 15, 2010 at 08:57 | Darrell Delamaide

Governments and industry will have to step up the pace if they want to meet the declared goal of large-scale deployment of carbon capture and sequestration for coal-fired power plants…

Uganda’s Oil Opportunity

Jun 13, 2010 at 11:05 | Jody Ray Bennett

Uganda’s recent oil discovery has the chance to reshape relations with its neighbours and the West as energy multinationals eye potential opportunities. The Great Rift Valley of East Africa -…

Oil Price Rally Stumbles Friday on Negative Economic News

Jun 11, 2010 at 16:40 | Darrell Delamaide

Oil Market Summary for 06/07/2010 to 06/11/2010. After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the benchmark oil futures contract…

The Growing Problem of Oil Theft in China

Jun 11, 2010 at 12:56 | Xina Xie

China may be leaking more oil and gas from its pipeline network than any country in the world, much of it because of criminal activity. Currently, China has a trunk…

Don't Get Sucked Into Natural Gas

Jun 11, 2010 at 08:33 | Mad Hedge Fund Trader

When natural gas was trading at $6 at the beginning of the year, I warned readers to stay away because it would take years to discount the discovery of a…

Great Divide Developing in U.S. Natural Gas

Jun 09, 2010 at 10:49 | Dave Forest

Bentek Energy managing director Rusty Braziel sees a great divide developing in U.S. natural gas. Bentek are one of the leaders in tracking and analyzing American gas pipeline flows. Where…

High Hurricane Activity Threatens Gulf Oil Production, Cleanup Efforts

Jun 09, 2010 at 08:28 | Darrell Delamaide

As hurricane season begins in the Caribbean and Gulf of Mexico, forecasters are predicting higher-than-usual activity that could disrupt oil and gas production in the Gulf and hinder efforts to…

China’s Excess Refining Capacity Affecting Domestic Oil Prices

Jun 06, 2010 at 11:41 | Michael Economides

China, which has struggled in recent years to keep up with booming domestic demand for oil products, may soon have a major excess in refining capacity. In 2009, the country…

The Death of BP?

Jun 06, 2010 at 11:36 | Robert Rapier

It was about six weeks ago that the man I work for walked into my office and asked what was happening in the world of energy. “This oil leak in…

Big Oil is Paying

Jun 06, 2010 at 11:15 | Allen Gilmer

In 2006, when I wrote this, and culled directly from their 10K, ExxonMobil paid $30.7 billion in excise taxes, $41.6 billion in other "taxes and duties", and $59.4 billion in…

Middle East producers see more heavy oil in their future

Jun 05, 2010 at 06:08 | Darrell Delamaide

Middle East oil countries should increase production of heavy oil as oil prices remain higher and improved technology makes it easier, those attending an industry conference in Bahrain were told.…

Natural gas Producers Focus Shifting to Wet Gas

Jun 05, 2010 at 06:04 | Dave Forest

The divergence between oil and gas prices in Canada and the U.S. has reached epic proportions. Currently the oil-to-gas price ratio sits around 15. Up considerably from the historic average…

The Problem With Chinese Shale Gas

Jun 04, 2010 at 10:22 | Dave Forest

I mentioned last week that the Asian gas market is in flux. Prices are changing to account for the dynamic supply-demand balance in the region. A further illustration came this…

Obama Suspends Offshore Drilling Permits Following Gulf Spill

Jun 03, 2010 at 17:25 | Geoffrey Styles

I suppose it was inevitable that we would arrive at the moment in the ongoing oil spill crisis at which the baby would be thrown out with the bath. That…

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