A farming harvesting his fields in North Dakota has come across a massive oil spill, undetected long enough to become the size of seven football fields. Local media…
Oil giant ExxonMobil—long criticized for its policies on gay and lesbian workers—has turned a new policy leaf in the liberal direction by extending employee benefits to married , same-sex couples.…
Lack of plant capacity means valuable waste is being shipped overseas.When you hear the phrase ‘renewable energy’, what technologies come to mind? Wind and solar power, certainly; perhaps…
Few investors have heard of Kitimat, Canada. But this town of just over 8,000 people looks to be at the epicentre of a multi-billion dollar boom.The reason is…
The International Energy Agency said last week the United States is set to pass Russia as the largest oil producer outside of OPEC. New drilling technology for shale deposits in…
Oil companies are renowned for going into hostile environments in their relentless search for the world’s seemingly insatiable thirst for “black gold.”That said, there remain a few nations…
Biofuels are hardly worth making these days—but a new breakthrough in synthetics promises to increase biofuels production by 50%.Researchers at the University of California (UCLA) have created…
France’s GDF Suez (GSZ) has signed a 15-year agreement to build and operate the first-ever floating liquefied natural gas (LNG) import terminal in Uruguay, with operations scheduled to begin in…
If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case.
One thing I’ve noticed in the resource business: big never goes out of style.If there’s a large in-ground resource, someone will always be eying a way to exploit…
JP Morgan circulated offering documents yesterday to try and sell their physical commodity operations in copper, oil and natural gas. Why are they leaving, who's staying and is there something…
Thirteen years in the making and $50 billion later, the supergiant Kashagan oil field in Kazakhstan is finally online after many delays, but its short-term impact on the global oil…
December Crude Oil finished flat for the week after posting a potentially bullish closing price reversal bottom last week. Traders failed to confirm the chart pattern because of the indecision…
Bottom line: Transport costs are a sieve winnowing away Pdvsa’s profits and a recent investigation appears to show that at least three ships commissioned and inaugurated in public ceremonies by…
Bottom line: China likely to stake a claim off Brazil’s coast through Libra pre-salt auction, but at a potentially high environmental cost for Brazil.Analysis: Given the small field…
Bottom Line: The recent detention of Greenpeace activists in the Arctic display Russian fears of losing absolute control over Arctic waters and specifically over the Northern Sea Route that makes…
Bottom Line: Watch now as the original Syrian rebels float back to Assad, who becomes the “savior” of Syria and the only force capable of dealing with the radical, al-Qaeda-linked…
At a Council on Foreign Relations shindig in New York on Monday the hot topic was the European Union and its lesser-of-two evils energy choice: Russia or fracking; but this…
I know I've written a lot about coal this week. There's simply been a lot of "can't miss" items emerging. (Which in itself might an indicator--often when I find my…
On 27 September Ethiopian Prime Minister Hailemariam Desalegn and Deputy Prime Minister Dr. Michael Debretsion announced the first independent power project in Ethiopia's history. The $4 billion 1,000 megawatt…