December 2013 saw the highest spot price for natural gas in over two years, as a cold weather returns to many parts of the East and Midwest. Weekly data from…
A delegation from Kyrgyzstan met in Moscow with Gazprom officials to discuss future investments in the former Soviet republic. Recently, a company controlled by a Russian oil tycoon proposed redevelopment…
On 6 July a Montreal, Maine & Atlantic train carrying 72 tank cars filled with oil exploded after its brakes apparently failed, sending it rolling into Lac-Mégantic, where it derailed…
Syria has signed an agreement with Russian oil and gas company SoyuzNefteGaz for joint oil exploration off the Mediterranean coast, in Syria’s part of the prolific Levant Basin, according…
China controls the rare earth elements that US defense relies on for its high-tech equipment, and now the Pentagon is claiming that the balance is shifting.There is always…
While the extraordinary growth of the Chinese economy has been the business success story of the past two decades, it has come with high environmental costs due to rampant pollution.
France’s Total SA and Norway’s Statoil are pulling back from the planned Trans-Anatolian Natural Gas Pipeline (Tanap) over soaring cost estimates, paving the way for Turkish companies to raise their…
ConocoPhillips is seeking approval from the US government to resume exports of liquefied natural gas (LNG) from its Kenai Peninsula plant. If the company is given the green light from…
We saw a landmark decision last week in U.S. courts.One that could become the biggest new driver for North American natural gas prices.The decision came in…
U.S. Sens. John Hoeven and Heidi Heitkamp, bipartisan leaders from North Dakota, said the oil boom in their state just got louder with the passage of the Bureau of Land…
A new report from UBS finds that renewable energy and energy storage are together presenting a “perfect storm” for big utilities. The declining cost of solar, energy efficiency, and…
Following a marathon four-hours news conference on 19 December, Russian President Vladimir Putin had a surprise announcement to make about former oligarch Mikhail Khodorkovsky, arrested in October 2003 and…
Average retail gas prices in the US fell slightly on Thursday, to $3.21 per gallon, according to the AAA, after falling four cents over the week. Gas…
BP Plc has started up a $4.2 billion oil conversion processing unit that represents the largest private sector investment in the history of the state of Indiana. The…
An interesting document published by Wikileaks reveals how oil companies have attempted to handle the challenge posed by environmental opposition to the North American shale boom—and how they were wrong-footed…
The energy major is pushing for exports of American oil to markets overseas.Reports surfaced last week that Exxon is encouraging U.S. regulators to relax an existing export ban…
Arbitrage is one of the simplest ways to make big money. Take something worth little and move it to a place where it’s worth a lot.
One of the energy themes we need to keep track of in 2014 is the possible end of the crude oil export ban here in the US, in place since…
Turkey has been the darling of foreign oil and gas investors who are looking to new frontiers that are less risky, from a security and political stability point of view.…
Bottom Line: Mexico’s Senate on 11 December—after a 19-hour session—approved legislation to modernize the energy sector and open it up to private investment, though some of the bill’s points are…