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Asia Coal Imports Remain Strong in June

Article Archive | Page 1516

Shell Cancels Arctic Drilling Campaign Amid Declining Profitability

Jan 30, 2014 at 16:56

Royal Dutch Shell reported a 71% decline in net-profit in the fourth quarter when it released its earnings statement on January 30, 2014. The company cited risings costs for…

Bill Gates Backs Renewable Battery Startup

Jan 30, 2014 at 16:53

Bill Gates did not become the world’s richest man by making foolish investments. Now Gates and venture capitalist Vinod Khosla, Tao Invest, Kleiner Perkins and Foundation Capital among others, are…

Study: Gas Prices to Remain Stable for 2 Decades

Jan 30, 2014 at 16:49

A new study predicts that natural gas prices will remain stable over the next two decades due to sustained levels of shale production. The report, “Fueling the…

China’s Careful Days

Jan 30, 2014 at 16:46

The Chinese believe that they can achieve their objective of acquiring islands throughout the South and East China Seas without a fight.  It worked against the Philippines.  If they try…

The Ten Reasons Why Intermittency is a Problem for Renewable Energy

Jan 30, 2014 at 16:41

Intermittent renewables–wind and solar photovoltaic panels–have been hailed as an answer to all our energy problems. Certainly, politicians need something to provide hope, especially in countries that are obviously losing…

OPEC Preaches Stability while Making Unstable Bets

Jan 29, 2014 at 17:16

OPEC Secretary-General Abdullah al-Badri said the 12-member cartel could make room for an increase in oil from Iran, Iraq and Libya. All three member states could be on the verge…

Low Foreign Interest in Pakistan’s New Oil Blocks

Jan 29, 2014 at 17:07

The government of Pakistan has provisionally awarded exploration licenses for 50 oil blocks covering over 100,000 square kilometers and eyeing over $370 million in first-phase investment. Foreign…

How OPEC Could be Threatened by Iraq’s Re-Emergence as a Major Oil Producer

Jan 29, 2014 at 17:00

Iraq is returning to an energy market which is radically different than the one it was forced to leave years ago, and its OPEC partners now also have a different…

Why Coal will Remain the Basis of Electricity Generation for Most of the World

Jan 29, 2014 at 16:51

As the President moves further into his second term, he appears to be growing more willing to tackle the concerns that his supporters have over projected Climate Change over the…

Australian AWE Downsizes in Tasmania

Jan 29, 2014 at 16:44

Australian oil firm AWE has sold down its interests in the Bass basin offshore northern Tasmania for $74 million in cash to the Indian Prize Petroleum, the upstream arm…

This Commodities Giant Is A Growing Power in Natgas

Jan 29, 2014 at 08:49

It’s well known that China is a major driver of the resource markets.The nation is one of the world’s largest importers of commodities like copper, coal and oil.

Iraqi Government Threatens Action Against Kurds as Oil Exports Set to Begin

Jan 28, 2014 at 17:34

Iraq’s Deputy Prime Minister for Energy Affairs firmly stated the central government will take action, “including fiscal measures,” if Kurdistan begins exporting oil without coming to an agreement with…

Post-Energy Reform, Mexico Signs First Oil Deal with Russia

Jan 28, 2014 at 17:31

Russia's Lukoil has announced an agreement with Mexico's state-run oil company Pemex for exploration, extraction and cooperation on environmental best practices.The cooperation memorandum was agreed on…

Foreign Oil Companies Near Commercial Output in Uganda

Jan 28, 2014 at 17:26

International oil companies have moved one step closer to launching commercial crude production in Uganda as the government announces the finalization of talks with foreign oil explorers and a…

Where is US Foreign Policy these Days?

Jan 28, 2014 at 17:22

There is a remarkable absence of a comprehensive US foreign policy in the Middle East with the Obama administration missing the beat on just about every major event in the…

2014 Detroit Auto Show: Proof that EVs can be Fun

Jan 28, 2014 at 17:15

I dropped by the Detroit Auto Show this weekend (its last this year) at Cobo Center as it was wrapping up. Regular readers know that I am a big fan…

A New Oil Pipeline could be Devastating for the Railway Industry

Jan 28, 2014 at 17:07

Earlier today, my colleague Stuart put low oil and natural gas prices in perspective, showing that demand has risen considerably of late.Cold weather and consumers snapping up…

Kazakhstan Could Leave U.S. Shale in the Dust

Jan 27, 2014 at 17:19

A consortium in Kazakhstan led by U.S. supermajor Chevron said it set a production record in the country's western Tengiz oil field and last week, China said it was piping…

Natural Gas Locomotives Soon in North America?

Jan 27, 2014 at 17:16

Most historians date the Railway Age as beginning in 1830, when the Liverpool and Manchester Railway opened, providing the first steam passenger service, proving the viability of rail transport.

Chevron to Fight $5 Billion Nigeria Lawsuit

Jan 27, 2014 at 17:12

US oil giant Chevron has announced it will “vigorously” oppose a $5 billion lawsuit filed in the United States by Nigerians residing in the vicinity of a deadly offshore natural…

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