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Article Archive | Page 1481

Bill Gates’ Energy Co Files for Bankruptcy

Feb 13, 2014 at 17:48

Bill Gates’ Texas energy company has filed for bankruptcy protection as the depressed power market results in untenable financial losses. The company, Optim Energy (EnergyCo LLC), owned by…

Chevron Pennsylvania Well Still Burning After Explosion

Feb 13, 2014 at 17:34

A well in Pennsylvania’s Marcellus Shale operated by Chevron is still burning two days after an explosion that left one worker injured another reported missing. An early morning…

Western Energy Companies to Re-enter Iran’s Oil and Gas Sector

Feb 13, 2014 at 17:17

Iran is planning to increase its oil production by an additional 1 million barrels per day (mb/d) in 2014, provided that negotiations result in the easing of oil export sanctions…

BP Predicts an Energy Self-Sufficient Future by 2035

Feb 13, 2014 at 17:02

BP begins its new forecast for the energy future with the statement:We project that by 2035 the US will be energy self-sufficient while maintaining its position as…

Big Profits From The "New Stone Age"

Feb 13, 2014 at 09:18

The best profits in mining investment have been coming from some unlikely places lately.Namely, the developed world.This is an extremely unexpected trend. Happening in parts of…

Betting on the Next Oil Boom? You're Grasping at Straws

Feb 12, 2014 at 17:43

Unplanned interruptions in the global oil supply chain last year were about 30 percent higher than in 2013, the U.S. Energy Department said. Much of the problem was blamed on…

Sinopec Announces 440 Billion Cubic Meters Nat Gas Discovery in Sichuan

Feb 12, 2014 at 17:29

In news certain to delight the government, Sinopec announced the discovery of a massive natural gas deposit in the country’s Sichuan Basin. How massive? According to Sinopec, the…

South Korea Joins Japan in Oil Payments to Iran

Feb 12, 2014 at 17:19

The government of South Korea is preparing to issue a payment to Iran for crude imports as limited relief from sanctions in line with a six-month deal over Iran’s…

French ‘Warned’ As Total Eyes Iranian Oil Deals

Feb 12, 2014 at 17:09

French oil giant Total SA continues to prop up Iranian oil and gas prospects, promising that Tehran will unveil a new contracting regime that will be “more sexy than before,”…

Keystone XL’s Miniscule CO2 Impact and the Bigger Picture

Feb 12, 2014 at 16:55

A Disproportionate ResponseI had intended to write an article today outlining some potential solutions to the Midwest’s ethanol predicament, but some recent exchanges on Twitter prompted me…

The Opportunity In This Metal Is Obvious

Feb 12, 2014 at 09:46

Every investor talks about how commodities are cyclical. But few take advantage of this fact.It's certainly true that throughout history most commodities have swung from boom to bust. …

DOE Approves Sixth LNG Export Terminal

Feb 11, 2014 at 17:09

On February 11 the U.S. government gave a green light to Sempra Energy’s LNG export terminal in Louisiana. The approval is the sixth over the last year. Sempra’s Cameron project…

Egypt’s Precarious Energy Position

Feb 11, 2014 at 16:49

Egypt faces a serious energy crunch in securing the required petroleum and natural gas imports to meet expected summer requirements, Egyptian Oil Minister Sherif Ismail told Reuters on Monday.…

Game Heats Up for Israeli Gas Exports

Feb 11, 2014 at 16:31

As Israel debates whether to eventually export its newfound gas largesse via pipeline or in the form of liquefied natural gas (LNG), Australian LNG experts Woodside Energy raise their stakes…

Iran Takes on the US: Is this Provocation, Defiance or Tomfoolery?

Feb 11, 2014 at 16:19

Responding to the US naval presence in the Gulf, described by the Islamic Republic of Iran as “arrogant,” Iranian leaders have decided to dispatch a naval task force of their…

The Final Piece of The India Coal Boom

Feb 11, 2014 at 09:48

It's amazing when you watch things set up perfectly. For months, I've been writing about India's surging coal demand. Which should see the nation's imports of thermal coal rise by…

Forget North Dakota, Texas is No. 1 for Oil

Feb 10, 2014 at 17:20

Advances in drilling technology are expected to help North Dakota hit the 1 million barrel per day mark at some point this year. But it's Texas that still holds the…

SEC Lashes Out at Wolves of Wall Street

Feb 10, 2014 at 16:50

The US Securities and Exchange Commission (SEC) has suspended 255 shell companies from trading from 3 February through 14 February to prevent “pump and dump” fraud, and stocks will not…

Russia’s Rosneft to Build Arctic Seagoing Vessels

Feb 10, 2014 at 16:39

Russia’s state-owned oil firm Rosneft is to build two shipyard facilities to construct vessels and platforms for its push to exploit Russia’s Arctic regions, according to Deputy Prime Minister Dmitri…

Iran’s Return Prompts Changes to Saudi Arabia Energy Strategy

Feb 10, 2014 at 16:22

As the Iranian nuclear deal begins to take effect and international pressure on the regime continues to diminish, Gulf nations have begun re-establishing diplomatic and economic relations with their once-distant…

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