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Will Oil Hit $100 This Year?

Will Oil Hit $100 This Year?

The increasingly bullish sentiment in…

Energy

Iran's Coming Presidency of OPEC is Less Significant than it Seems

Nov 15, 2010 at 10:48 | IWPR

While officials in Tehran are excited at the prospect of Iran taking over the chair of the international oil producers’ grouping OPEC, analysts say the honour is less significant than…

Oil Exploration Boom in the U.S.

Nov 15, 2010 at 10:41 | Al Fin

The de facto Obama moratorium on oil well drilling in the Gulf of Mexico has spurred new exploration and production on the US mainland. Local economies are beginning to experience…

Another Reason to Keep Watching Asian Coal

Nov 12, 2010 at 11:31 | Dave Forest

I've been saying for awhile that Asian coal is the place to be. Yet another indicator this week. Thai energy major PTT announced a deal yesterday to buy Australia's Straits…

A New Way to Prospect and Discover Oil and Gas

Nov 12, 2010 at 08:10 | Brian Westenhaus

Scientists from Royal Holloway, University of London and The Spanish Research Council have revealed a new model that explains what happens as the continents thin as well as helping…

What it Takes to Get a Pipeline Built

Nov 11, 2010 at 11:31 | The Oil Drum

There are regularly stories in the media or in the blogosphere about various pipeline projects that are announced with much publicity, and are seen to have major strategic consequences, or…

Regenerative Agriculture in a Peak Oil World

Nov 11, 2010 at 11:28 | Professor Chris Rhodes

In the face of peak oil and in order to curb carbon emissions, methods of farming that depend less on oil and natural gas, respectively to run machinery and to…

Eliminating CO2 Emissions at Low Cost

Nov 11, 2010 at 09:33 | Brian Westenhaus

The TU Darmstadt’s Institute for Energy Systems and Technology’s newly dedicated pilot plant will be utilized for investigating two new methods for CO2 capture that will allow nearly totally eliminating…

Why the Age of Oil May Soon End Even Though It Has Only Just Begun

Nov 10, 2010 at 11:56 | Al Fin

Petroleum is thought to have originated mainly from the remains of sediments of photosynthetic organisms which sedimented from ancient seas, and were heated and compressed by geological processes. Assuming that…

Higher Energy Prices Help Russia Regain its Fiscal Footing

Nov 10, 2010 at 08:51 | Richard Weitz

Higher energy prices have helped Russia regain its fiscal footing after the global financial crisis walloped the country in 2008. But some experts say the economic forecast for the Kremlin…

Waste Plastics to Diesel Being Scaled up in the UK

Nov 10, 2010 at 08:44 | Al Fin

STA UK is gearing up to build 10 new waste plastic to diesel plants in the UK. The first plant is to be built in Port Laoighise, Ireland. The process…

Is the Kyrgyz Government About to put the Brakes on the Pentagon Fuel Contract

Nov 10, 2010 at 08:41 | Deirdre Tynan

It seems the $315 million contract awarded by the Pentagon to a controversial and secretive fuel-supplier is only part of the story about future operations at Kyrgyzstan’s Manas Transit Center.…

Here's an Unexpected Shale Gas Play

Nov 09, 2010 at 12:17 | Dave Forest

Argentina. - U.S. producer Apache said Friday it plans to drill a well by year-end to test shale gas potential in the La Calera field of the Neuquen Basin. The area…

Graduates Cut Out of the Oil Boom in Basra

Nov 09, 2010 at 12:04 | IWPR

On a recent afternoon in the southern city of Basra, a cry went up in the local bazaar that the police were coming. In an instant, street-sellers rolled up their…

Oil and Gas News from This Week

Nov 05, 2010 at 18:02 | Global Intelligence Report

European Energy Consortium to Sign Turkmen Gas Deal A consortium of two European energy companies and a financial institution are seeking to strike a major gas supply deal with Turkmenistan…

Proven Oil Reserves Will Continue to Increase With Time

Nov 02, 2010 at 13:17 | Al Fin

Proved oil reserves at the end of 2008 are estimated to have been 1258.0 thousand million (billion) barrels. That represented an increase of 17.7% over the 1997 figure of 1068.5…

US Coal to Gasoline Plant Will be the Largest in the World

Nov 01, 2010 at 09:33 | Al Fin

TransGas Development Systems, LLC announced an agreement with SK Engineering & Construction Co., Ltd (SKE&C) leading to engineering, procurement and construction of its first US coal-to-gasoline plant—Adams Fork Energy—to be…

Shale Gas: A Real or Unreal Revolution

Nov 01, 2010 at 09:31 | Ferdinand E. Banks

Unfortunately, the title that I wanted to give this short discussion was already used by Professor Paul Stevens. His contribution is called ‘The Shale Gas Revolution: Hype and Reality’ (2010),…

Putin in Ukraine to Discuss Gas and Nuclear Energy

Oct 28, 2010 at 11:11 | RFE/RL staff

Russian Prime Minister Vladimir Putin visited Ukraine yesterday, with Russian gas supplies to Ukraine back on the agenda of his talks with Ukraine's Moscow-friendly leadership. About 80 percent of Russian…

Is Peak Oil Slowly Fading into the Dawn?

Oct 27, 2010 at 10:43 | Al Fin

Peak oil has taken on the trappings of an apocalyptic religion recently. True believers tout "Hubbert Curves" and "Simmons Depletion Analyses" in circular jerkulars and echo choruses across the webosphere.…

Gazprom to Supply Fuel to the Manas Transit Center

Oct 26, 2010 at 14:34 | Deirdre Tynan

Representatives of the Russian energy giant Gazprom confirm that the company is poised to participate in a joint venture to supply fuel to the US-run Manas Transit Center, a key…

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