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Breaking News:

Oil Prices Gain 2% on Tightening Supply

EU and Turkmenistan Eye New Energy Partnerships

EU and Turkmenistan Eye New Energy Partnerships

Turkmenistan's Foreign Minister announces an…

The SEC’s Climate Rule Sparks Battleground Debate

The SEC’s Climate Rule Sparks Battleground Debate

The SEC's Climate Disclosure Rule…

News

NRC Finds Several Reactors with “Degraded Level of Performance”

NRC Finds Several Reactors with “Degraded Level of Performance”

Mar 07, 2014 at 15:19 | Joao Peixe

The U.S. Nuclear Regulatory Commission just published its annual assessment of the nation’s nuclear power fleet, grading power plants on their performance and safety record. Of the 100 nuclear…

Iraq Oil Exports Pick up Pace

Iraq Oil Exports Pick up Pace

Mar 06, 2014 at 16:22 | James Burgess

New production coming online may allow Iraq to claim the mantle as the fastest growing oil exporter in the world. For 2014, Iraq may post one of the biggest…

BP to Export Crude, Avoiding U.S. Ban

BP to Export Crude, Avoiding U.S. Ban

Mar 06, 2014 at 16:19 | Joao Peixe

BP is moving to export crude oil from the United States, but doing so in a way that avoids violating the export ban. It has agreed to take 80%…

Canada’s Oil Sands Exports to U.S. Hampered by Infrastructure

Canada’s Oil Sands Exports to U.S. Hampered by Infrastructure

Mar 06, 2014 at 16:15 | Charles Kennedy

The volume of exports to the U.S. Gulf in 2013 coming from Canada’s oil sands fell far short of original estimates. The oil industry projected that about 200,000 barrels per…

LNG May Suffer Boom-Bust Cycle

LNG May Suffer Boom-Bust Cycle

Mar 05, 2014 at 16:25 | Joao Peixe

A flurry of construction around the world will greatly expand liquefaction capacity for shipping natural gas. Companies are hoping to move low-cost natural gas in places like the United States…

China Declares War on Pollution

China Declares War on Pollution

Mar 05, 2014 at 16:21 | Charles Kennedy

On March 5th China’s Premier Li Keqiang declared war on pollution, outlining significant steps the Chinese government will take to improve air quality. China has suffered from truly epic smog…

Solar Industry Has Record Year in 2013

Solar Industry Has Record Year in 2013

Mar 05, 2014 at 16:17 | James Burgess

The U.S. solar industry had its best year ever in 2013, growing 41% from a year earlier. A new report released by the Solar Energy Industries Association (SEIA) and…

Obama FY15 Budget Would Eliminate Oil Tax Breaks

Obama FY15 Budget Would Eliminate Oil Tax Breaks

Mar 04, 2014 at 15:39 | Joao Peixe

President Obama released his fiscal year 2015 budget on March 4, a $3.9 trillion package that includes a range of wish-list items in an election year. Among other things, the…

Marcellus Output Not Slowing Down

Marcellus Output Not Slowing Down

Mar 04, 2014 at 15:36 | Charles Kennedy

The Marcellus Shale will continue to be the country’s biggest driver in the growth of natural gas production, according to a new report from Morningstar. The report, “Shale Shock,”…

European Utilities Suffer from Increased Renewables

European Utilities Suffer from Increased Renewables

Mar 04, 2014 at 15:32 | James Burgess

Several German utilities reported losses on their electricity generation business as the increased penetration of renewable energy lower electricity prices and capture market share. German utility giant RWE reported a…

Russia Threatens to Cut Gas Discounts to Ukraine

Russia Threatens to Cut Gas Discounts to Ukraine

Mar 03, 2014 at 15:53 | Charles Kennedy

The ouster of Ukrainian President Viktor Yanukovych and the new pro-Western interim government prompted a severe reaction from Russian President Vladimir Putin. Russia sent its military to occupy Crimea and…

Capturing Methane Possible at Little or No Cost

Capturing Methane Possible at Little or No Cost

Mar 03, 2014 at 15:50 | Joao Peixe

The oil and gas industry can capture leaking methane gas at little or no cost over the long-term, according to a new study by the Environmental Defense Fund and…

EPA Sets Standards for Air Pollution from Cars and Trucks

EPA Sets Standards for Air Pollution from Cars and Trucks

Mar 03, 2014 at 15:46 | James Burgess

The U.S. Environmental Protection Agency finalized new standards on sulfur in gasoline used in cars and trucks. The standards will require lower sulfur content in liquid fuels used in the…

Rail Safety Regs Could Hit Canadian Oil Sands

Rail Safety Regs Could Hit Canadian Oil Sands

Feb 28, 2014 at 15:51 | Charles Kennedy

New regulations designed to increase the safety of transporting crude oil by rail could mean heightened scrutiny on oil coming from Canada’s oil sands. The February 25 rule issued by…

OPEC Oil Output Drops to Lowest Level in 2 ½ Years

OPEC Oil Output Drops to Lowest Level in 2 ½ Years

Feb 28, 2014 at 15:47 | James Burgess

Oil production from OPEC dropped to its lowest level in 2 ½ years according to a Bloomberg survey. Production dropped by 11,000 barrels per day from January to February,…

Natural Gas Vehicles to Boom Over Next Decade

Natural Gas Vehicles to Boom Over Next Decade

Feb 28, 2014 at 15:43 | Joao Peixe

New research from Navigant Consulting finds that the number of vehicles using natural gas will double over the next decade to 39.8 million. Much of that growth will occur…

Obama Admin May Open Up Atlantic to Seismic Testing

Obama Admin May Open Up Atlantic to Seismic Testing

Feb 27, 2014 at 16:22 | Charles Kennedy

A report expected to be released on February 27 or 28 could allow the early stages of oil exploration to move forward on the U.S. Atlantic seaboard, which has long…

Brent/WTI Spread Narrows to 4 ½ Month Low

Brent/WTI Spread Narrows to 4 ½ Month Low

Feb 27, 2014 at 16:18 | James Burgess

Prices between the two major oil benchmarks – Brent and WTI – have narrowed to their lowest level in four and a half months. WTI closed at $102.42 on…

U.S. Coal Exports Jump Three-fold Since 2005

U.S. Coal Exports Jump Three-fold Since 2005

Feb 27, 2014 at 16:14 | Joao Peixe

All this week, the Energy Information Administration has released updated data on U.S. energy trade, and in its latest tranche, EIA data shows that the dollar value of U.S. coal…

Shale Gas Cuts into Natural Gas Trade

Shale Gas Cuts into Natural Gas Trade

Feb 26, 2014 at 16:40 | Charles Kennedy

The boom in shale gas production over the last decade has eaten away at natural gas imports. New data released by the Energy Information Administration shows that the value…

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