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Oil Moves Higher on Crude, Fuel Inventory Draw

Oil Moves Higher on Crude, Fuel Inventory Draw

Crude oil prices ticked higher…

U.S. Hits Record High Electricity Generation From Natural Gas

U.S. Hits Record High Electricity Generation From Natural Gas

Record-breaking natural gas demand for…

India's Steel Industry Battles Surge of Cheap Imports

India's Steel Industry Battles Surge of Cheap Imports

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News

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…

DOT Issues Emergency Order for Crude Oil Rail Transport

DOT Issues Emergency Order for Crude Oil Rail Transport

Feb 26, 2014 at 15:33 | James Burgess

The U.S. Department of Transportation issued an emergency order on February 25 to address the safety of transporting crude oil by rail. According to…

IEA: Large-Scale Integration of Renewables Not Costly

IEA: Large-Scale Integration of Renewables Not Costly

Feb 26, 2014 at 15:29 | Joao Peixe

A new study released by the International Energy Agency concludes that the large-scale adoption of renewable energy technologies like solar and wind can come at “little additional cost in…

Domestic Oil Production Continues to Improve Trade Picture

Domestic Oil Production Continues to Improve Trade Picture

Feb 25, 2014 at 17:06 | Charles Kennedy

New data from the Energy Information Administration illustrates the improving trade picture for the United States due to a rapid increase in oil production. Rising production, flat demand, and…

Japan Charts Path to Return to Nuclear Power

Japan Charts Path to Return to Nuclear Power

Feb 25, 2014 at 14:25 | James Burgess

The Wall Street Journal reported on a 20-year strategic energy plan released by the Japanese government that calls for a return to nuclear power. The plan, expected to be…

Supreme Court Declines to Hear FERC Case

Supreme Court Declines to Hear FERC Case

Feb 25, 2014 at 14:22 | Joao Peixe

The U.S. Supreme Court declined to hear a case that challenged a pricing formula for long distance transmission lines. The decision leaves in place a ruling from a lower…

Tesla Plans to Build World’s Biggest Battery Factor

Tesla Plans to Build World’s Biggest Battery Factor

Feb 24, 2014 at 16:33 | Joao Peixe

Tesla is set to announce a plan this week to build the world’s largest battery factory. The plan will include the involvement of Panasonic and other partners, and it will…

Colorado Enacts First Methane Regs in Country

Colorado Enacts First Methane Regs in Country

Feb 24, 2014 at 16:28 | James Burgess

Colorado became the first state in the nation to enact air quality rules that included measures to regulate methane emissions from oil and gas drilling. The Colorado Air Quality…

Iran Reveals Details on New Contracts With IOC’s

Iran Reveals Details on New Contracts With IOC’s

Feb 24, 2014 at 16:25 | Charles Kennedy

Iran announced new details on how it will design contracts with international companies seeking to develop Iranian oil and gas reserves, according to Bloomberg. At a conference in Tehran,…

Rail Owner Voluntarily Moves to Improve Safety of Oil Transport

Rail Owner Voluntarily Moves to Improve Safety of Oil Transport

Feb 21, 2014 at 16:06 | James Burgess

Derailed trains carrying crude oil from America’s oil patch have become depressingly common, but with the federal government not moving on regulation, the rail industry is taking matters into…

Lack of Personnel in Government Holding Back Oil and Gas Development

Lack of Personnel in Government Holding Back Oil and Gas Development

Feb 21, 2014 at 16:02 | Joao Peixe

A new report from the Government Accountability Office (GAO) finds that a shortage of talent in government positions is holding back the oil and gas industry. The U.S. Department…

Fukushima Plant Springs New Leak

Fukushima Plant Springs New Leak

Feb 20, 2014 at 14:54 | Joao Peixe

The Tokyo Electric Power Company (TEPCO) announced that 100 metric tons of highly contaminated water leaked from the site of its crippled nuclear power plant at Fukushima. The water…

Israel and Jordan Sign Gas Deal

Israel and Jordan Sign Gas Deal

Feb 20, 2014 at 14:47 | Charles Kennedy

Israel and Jordan signed a deal on February 19 in which Israel will supply Jordan with $500 million in natural gas over a 15-year period. The deal could be…

Nebraska Court Decision to Delay Keystone XL

Nebraska Court Decision to Delay Keystone XL

Feb 20, 2014 at 14:41 | James Burgess

A Nebraska court found that the state law used to approve the Keystone XL project in Nebraska is unconstitutional. The state passed a law that allowed TransCanada to submit an…

DOE Finally Approves Loan Guarantee for Nuclear Plant

DOE Finally Approves Loan Guarantee for Nuclear Plant

Feb 19, 2014 at 17:36 | Charles Kennedy

The first nuclear power plant to break ground in over three decades finally got its loan guarantee approved. The Vogtle power plant, under construction in Georgia, will receive $6.5…

Second Coal Ash Leak at NC Site

Second Coal Ash Leak at NC Site

Feb 19, 2014 at 17:34 | James Burgess

Duke Energy’s problems grew worse on February 18, with reports surfacing that a second toxic leak has occurred at its Eden plant on the Dan River. A 36-inch stormwater…

Obama Admin Approves Two Big Solar Projects on Public Lands

Obama Admin Approves Two Big Solar Projects on Public Lands

Feb 19, 2014 at 17:31 | Joao Peixe

The Department of Interior announced on February 19 that it had approved two new solar projects on public lands along the border between California and Nevada. The two projects…

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