Gazprom has agreed to grant the Ukrainian government a six-day extension on its multi-billion dollar natural gas bill after Kiev agreed to a partial payment on May 30. Russia had…
The United States is behind the curve when it comes to the percentage of renewable energy resources on its national grid. And with domestic oil and natural gas production increasing,…
Between 2008 and 2013, U.S. oil production surged by 64 percent. U.S. natural gas production increased by 42 percent between 2005 and 2013. Both increases were driven by the…
A decision by the Norwegian government on exploration in the Barents Sea has dented, but not deterred, the ongoing campaign by Greenpeace to stop oil drilling in the Arctic.
There is an important hidden lesson for climate activists in the vast downgrade of recoverable oil resources now thought to be available from California's Monterey Shale. Almost all climate…
How has the world managed to increase both population and living standards on a finite planet?A key feature of raw commodities is that they are ultimately produced from…
There's been increasing uncertainty in base metals markets lately.Zinc may be headed for under-supply as key mines globally shut down. Copper demand in China has been somewhat erratic…
U.S. President Barack Obama is set to deliver a landmark speech on the regulation of greenhouse gases from existing power plants on June 2 that has the potential to completely…
Airbus Group, the international consortium that makes huge jetliners, has debuted a new kind of aircraft: a tiny, electrically powered plane called the E-Fan.The experimental plane is…
At first glance, it doesn’t add up; why is Azerbaijan, a country brimming with oil and gas, interested in developing nuclear power capacity?It’s a question befuddling local experts…
The recent agreement between Russia and China for the sale of some 38 billion cu m of natural gas a year for 30 years, at a reported price of
The big head fake in energy, the one that has somewhat confused me has been how the fantastic quarterly results from the independent E+P’s has affected the domestic price of…
Last week, for the first time since I started writing here, I wrote a positive piece about solar energy. I picked two companies, First Solar (FSLR) and Canadian Solar (CSIQ)…
The L.A. Times spilled the beans last week that the Energy Information Administration is set to severely downgrade the Monterey Shale in California in an upcoming report. Once thought to…
Discovery/Development• The US federal government’s Energy Information Administration estimates that the amount of oil potentially recoverable from California’s Monterey Shale using existing fracking technology is much less than…
July Crude Oil futures finished the week lower in lackluster fashion. Despite closing on its high the previous week which should have been a lay-up for a higher opening and…
As the US Energy Information Administration (EIA) notes this week that US net natural gas imports fell 14% last year on record production, a report from Bloomberg suggests…
I've been writing about uranium mine closures and project delays lately. With low prices for that metal making it difficult for developers to get any new supply off the ground.
Although serious obstacles remain, China is finally making progress on tapping its vast shale gas reserves, which hold the promise of a new source of clean energy for the coal…
Consumers may dream of their electricity bill shrinking to zero, climate campaigners of zero carbon emissions, and utilities of zero risk of an unforeseen catastrophe obliterating their power stations.