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Energy

BP Predicts Massive Growth in Carbon Emissions by 2030

Jan 31, 2011 at 07:33 | Charlotte Dudley

Global policy and technology efforts aimed at reducing emissions are not doing enough to set the world on a safe carbon path, according to BP, which predicts global emissions in…

EU Gives Green Light to Turkmenistan Gas Agreement

Jan 28, 2011 at 09:40 | RFE/RL staff

The European Parliament has given its initial green light to a partnership agreement with gas-rich Turkmenistan, aimed at bringing the Central Asian country closer to the European Union. But the…

Extreme Offshore: The Hunt for Hard to Find Crude

Jan 27, 2011 at 07:17 | Al Fin

Brazil's quest for extreme oil may cost as much as US$ 1 trillion. That is a lot of money to invest in a such a risky proposition -- to retrieve…

Energy and Environment in the Barack Obama–Hu Jintao Meeting

Jan 27, 2011 at 06:50 | Global Intelligence Report

A number of events during President Hu Jintao’s visit to the United States will underscore that the energy dialogue between the United States and China continues to be a key…

An In Depth Look at Coal

Jan 26, 2011 at 07:24 | Al Fin

The energy we get from coal today comes from the energy that plants absorbed from the sun millions of years ago. All living plants store solar energy through a process…

Big Coal’s Political Contributions to Congress Pay Off

Jan 25, 2011 at 07:01 | David Caploe PhD

As President Obama makes ever clearer his incomprehensible desire to do even more for the corporate sector than he has already, one industry that will certainly be reaping rewards is…

Corruption, Incompetence and Bureaucracy Holding Back Russian Oil Production

Jan 24, 2011 at 08:14 | Al Fin

While Russia is rich in oil and gas resources, the Russian government in 2008 had to introduce a US$4.2 billion tax cut at mid-year to reverse declining production after a…

An Invaluable Reminder about Electric Deregulation

Jan 24, 2011 at 08:04 | Ferdinand E. Banks

This short paper borrows from my forthcoming energy economics textbook (2011), and consists of a part of the lecture that I once desperately wanted to present at either the Stockholm…

Preparing for Life in a Peak Oil World

Jan 23, 2011 at 09:01 | Gail Tverberg

We know that peak oil will be here soon, and we feel like we should be doing something. But what? It is frustrating to know where to start. In this…

A Recent History of Oil Prices ... History About to Repeat Itself?

Jan 22, 2011 at 09:27 | Professor Chris Rhodes

The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic…

Generating More Fuel from Less Crude Oil

Jan 21, 2011 at 07:18 | Brian Westenhaus

The UK’s University of Bradford researchers are proposing a method for increasing the yield of the middle distillates, gasoline, jet fuel, and diesel fuel at the refinery by applying…

How Many "Bakkens" Will Be Found?

Jan 20, 2011 at 15:12 | Al Fin

North Dakota's Bakken shale oil deposits were supposed to have only 4.3 billion barrels of proven reserves. But that number keeps rising -- as do the production numbers from Bakken…

China’s Discovery Boom: Large Oil and Gas Fields Detected Offshore

Jan 20, 2011 at 15:09 | Editorial Dept

Chinese geologists have detected "super-thick" oil and gas-bearing stratums in the northern part of the South China Sea and identified 38 offshore oil and gas-bearing basins, a senior official said…

Despite High Oil Prices Venezuela Falling Further into Debt

Jan 20, 2011 at 06:45 | Joe Weisenthal

Petro-dictatorships typically boom and bust with the price of oil, so you'd think that Venezuela would be riding high right now. But a new report from Morgan Stanley presents a…

Does BP’s Deal with Rosneft Legitimize the Kremlin’s Takeover of the Country’s Oil Industry?

Jan 19, 2011 at 13:23 | Gregory Feifer

What a difference a couple of years makes. In 2008, gun-wielding police commandos raided BP's Moscow offices in what many saw as an attempt to pressure the company to relinquish…

How much are gasoline prices weighing on consumers?

Jan 19, 2011 at 12:37 | James Hamilton

On Friday Reuters reported: Rising gasoline prices beat down U.S. consumer sentiment in early January, overshadowing an improved job outlook and passage of temporary federal tax breaks, a survey…

Dramatic Shift in the Peak Oil Debate

Jan 19, 2011 at 08:42 | Kurt Cobb

If you write about, speak about, or talk with your family, friends and co-workers about peak oil, you've almost certainly been asked: "Well, who else is saying what you're saying?"…

Does Charging for Electricity Provide an Effective Incentive for Conservation?

Jan 19, 2011 at 08:21 | Ed Dolan

Economists can't always conduct controlled experiments to test hypotheses about public policy, but sometimes experiments occur naturally. New York City electric rates provide an example. About 1.75 million New York…

Peak Oil and Limits of the Hubbert Model

Jan 18, 2011 at 08:40 | The Oil Drum

The Hubbert model says that, within a reasonably large region, oil production should follow a bell shaped curve. When the model is applied to worldwide oil production, the maximum level…

2010 Crude Oil: 50 Billion Barrels Discovered, 30 Billion Barrels Used

Jan 18, 2011 at 08:16 | Al Fin

With the price of oil hovering above $70 a barrel for over a year -- and around $90 a barrel for several weeks -- oil exploration companies can get to…

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