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Spare Capacity: The Biggest Mystery In Oil Markets

Spare Capacity: The Biggest Mystery In Oil Markets

As pressure continues to mount…

Wood Mackenzie: Global Peak Oil Demand Expected In 2036

Wood Mackenzie: Global Peak Oil Demand Expected In 2036

Energy consultancy Wood Mackenzie expects…

Could U.S. Oil Become Part Of The Brent Benchmark?

Could U.S. Oil Become Part Of The Brent Benchmark?

As U.S. oil exports continue…

News

Lithuania, U.S. Company Discuss Shale Gas Production

Lithuania, U.S. Company Discuss Shale Gas Production

Jun 16, 2011 at 19:33 | Joao Peixe

Lithuanian Energy Minister Arvydas Sekmokas disclosed on 14 June that he had held talks with a U.S. company about beginning shale natural gas production in the energy-poor Baltic state. Citing…

Following Fukushima, India Slows Nuclear Development

Following Fukushima, India Slows Nuclear Development

Jun 16, 2011 at 18:54 | Charles Kennedy

Resource-poor India proposes to increase its nuclear electrical power capacity to 63,000 megawatts by 2032. In the wake of Japan’s March Fukushima catastrophe New Delhi is reviewing its plans. Across…

Russian Expert Criticizes Bulgaria's Proposed Belene Nuclear Plant's Cost

Russian Expert Criticizes Bulgaria's Proposed Belene Nuclear Plant's Cost

Jun 16, 2011 at 16:34 | Charles Kennedy

One of the most contentious issues since the 1991 implosion of the USSR and the end of the Kremlin’s protectorate over Eastern Europe has been the fate of aging Soviet-era…

Debate Over Ethanol Subsidies Heats up in Washington

Debate Over Ethanol Subsidies Heats up in Washington

Jun 15, 2011 at 22:22 | Charles Kennedy

Washington currently provides approximately $5 billion worth of annual tax credits to U.S. farmers growing crops for ethanol production. The question of ending the subsidies is fracturing the Republican leadership…

Natural Gas Issues Inflame Palestinian-Israeli Dispute

Natural Gas Issues Inflame Palestinian-Israeli Dispute

Jun 15, 2011 at 21:13 | Charles Kennedy

Massive potential natural gas fields off the Gaza Strip in the Mediterranean are complicating Israeli and Palestinian peace negotiations. Earlier this week Israel's Ministry of National Infrastructure authorized Noble Energy,…

Zimbabwe's Biodiesel Industry in Trouble

Zimbabwe's Biodiesel Industry in Trouble

Jun 15, 2011 at 20:00 | Charles Kennedy

Biofuels have been heavily promoted in the hydrocarbon-poor third world as both a fuel source and a valuable earner of foreign currency. Now however, The Reserve Bank of Zimbabwe is…

Fallout From Fukushima Rattles Australia's Uranium Mining Industry

Fallout From Fukushima Rattles Australia's Uranium Mining Industry

Jun 15, 2011 at 19:44 | Charles Kennedy

The slow-motion Japanese Fukushima reactor debacle has sent ripples worldwide, with Germany, Switzerland and Italy all now deciding to exit nuclear power. The downturn in European interest in nuclear energy…

Pentagon’s

Pentagon’s "Operational Energy Strategy" Promotes Energy Reform

Jun 15, 2011 at 18:16 | Charles Kennedy

The U.S. Defense Department is the U.S. government’s largest energy consumer, using 300,000 barrels of oil (bpd) per day. Seeking changes in how it procures its energy supplies, the Pentagon…

Rosneft Confident Oil Pricing Dispute With China Resolved Soon

Rosneft Confident Oil Pricing Dispute With China Resolved Soon

Jun 15, 2011 at 13:59 | Charles Kennedy

China and Rosneft are disputing the price that the Russian company is to provide oil through its Eastern Siberia-Pacific Ocean (ESPO) pipeline, but Rosneft remains optimistic that the issue will…

Despite Fukushima, Taiwan to Build 4th Nuclear Reactor

Despite Fukushima, Taiwan to Build 4th Nuclear Reactor

Jun 15, 2011 at 13:57 | Charles Kennedy

Taiwan’s government intends to press forward with constructing the island’s fourth nuclear power station, despite political and environmental opposition. The Democratic Progressive Party (DPP) is leading political opposition to the…

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