Article Archive | Page 1477

Mar 06, 2014 at 17:00

Geopolitical crises in Eastern Europe have been met with calls in the United States to use energy as a foreign policy tool. With U.S. Energy Secretary Ernest Moniz asking the…

Mar 06, 2014 at 16:45

With the Scottish referendum campaign about independence from the rest of the UK in full swing, UK Prime Minister David Cameron has been foolish to try to make North Sea…

Mar 06, 2014 at 16:27

Amid crippling European declines in gas storage and thermal energy production, France’s GDF Suez is reporting a net loss of over $13 billion for 2013 and may move to cut…

Mar 05, 2014 at 17:04

British energy company Cuadrilla Resources said there is much more gas in northwest England than previously thought. There are lingering questions, however, as to whether the shale revolution can spread…

Mar 05, 2014 at 16:56

As U.S. Secretary of State John Kerry and European Union leaders threaten that harsh economic sanctions could be imposed on Russia for its intervention in Ukraine, Russian state-controlled natural gas…

Mar 05, 2014 at 16:50

Turkey has bought oil from the Kurdish region in northern Iraq before, but oil transfer was carried out by trucks, which kept the amount of exports at a minimal level.…

Mar 05, 2014 at 16:30

In a deal that could eventually lead to lower gas prices for Europe, Italian oil and gas giant Eni has renegotiated the terms of a long-term gas supply agreement…

Mar 05, 2014 at 08:53

More evidence is emerging that the petroleum industry is staring down a big issue.Rising costs.Numbers released by industry group Oil & Gas U.K. last week show…

Mar 04, 2014 at 16:11

The Russian occupation of Crimea has raised concerns about the European Union’s dependence on its eastern neighbor for natural gas. The EU gets about 34% of its natural gas…

Mar 04, 2014 at 16:03

Moscow’s aggression in Crimea has markets in a panic and bulls predicting continued increases in the price of oil should tensions endure. Nonetheless, there is a chance that…

Mar 04, 2014 at 15:55

The crisis in the Crimea has already raised the price of Russian oil by $2 a barrel, as of Monday creating havoc on some energy markets. And this is only…

Mar 04, 2014 at 15:47

Colorado is preparing to set a new US precedent by becoming the first state to implement strict fracking rules with leak detection requirements to cut down on greenhouse gas…

Mar 04, 2014 at 13:21

Russia appears to be backing down slightly over Ukraine, with President Vladimir Putin saying that military force would be a last resort amid the threat of US sanctions, but Moscow…

Mar 03, 2014 at 17:09

The extreme winter weather pounding the eastern half of the United States is keeping many drivers at home. That means less demand along with lower prices at the pump compared…

Mar 03, 2014 at 16:41

Canada’s oil sands are often thought of as one of the world’s most expensive, marginal sources of crude. That may not be the case, however, according to a new

Mar 03, 2014 at 16:26

As the situation in Ukraine continues to unravel and Washington and the European Union consider how to respond to Moscow’s moves, the unhappy fact for Brussels is that the Russian…

Mar 03, 2014 at 16:18

Russia’s Lukoil has reportedly halted all oil supplies to Ukraine’s Kherson refinery in Odessa ostensibly over unpaid debts as political chaos engulfs the country with the refinery’s director and…

Mar 03, 2014 at 16:09

In June 2013, Russia’s oil giant Rosneft formalised a deal with the China National Petroleum Corporation (CNPC) to supply the Chinese market with 26 billion barrels of oil over…

Mar 03, 2014 at 15:56

French oil giant Total SA is planning to sell its 10% stake in the Shah Deniz II gas field in Azerbaijan, making it the second major to downsize in…

Mar 03, 2014 at 14:36

The brewing war in Ukraine has quickly reverberated through the markets, sending stocks down and commodities up. Tension heightened over the weekend with Russia’s move to send troops to Crimea…