Only a decade ago, drones were the purview of the military, but today we are realizing the commercial potential of this technology and the numerous cost-cutting applications for the oil…
The United States is producing almost 7 million barrels of oil a day, more than it has in a decade and a half. We also now export refined gasoline, something…
Overbought conditions continued to pressure September crude oil futures last week. Prices seemed poised to finish the week sharply lower as speculators pared positions while booking profits after a spectacular…
Bottom Line: As the UK doubles its shale reserve estimates, plans are in the works for lowering the proposed shale production tax rate by half. Analysis: The UK…
Bottom Line: Armenia’s plans to hand over the state’s remaining stake in its natural gas monopoly to Gazprom has opposition politicians furious over the prospect of ceding total control of…
Bottom Line: Romania announces that construction will begin soon on a natural gas pipeline to neighboring Moldova, in a project that will underbid Gazprom prices and challenge Russia’s control in…
Bottom Line: The earliest we can expect commercial output from Uganda is 2016 as production stalls over tax questions and local refining uncertainty. Analysis: Uganda made its first…
Things are not going well for Coal India.Reports this week suggest the major coal producer is struggling with project expansions.The firm has ambitious growth plans on…
Another oil disaster in the Gulf casts shadow over August auction; good news for fracking, or good news for your drinking water; OPEC cut rumors; a sneak peak at our…
On Thursday, the Department of Justice announced that Halliburton had agreed to plead guilty to criminally destroying evidence in the investigation of the BP Gulf oil spill in 2010.…
A major tax break for oil companies signed into law in May is now the heart of a battle between industry-friendly politicians who say the tax break will boost sluggish…
The CIA is worried about the national security implications of climate change, and it’s also concerned about the potential implications of geoengineering—large-scale deliberate intervention in the Earth’s climate system.
Canada's Kitimat liquefied natural gas (LNG) project, one of ten proposed across the country, took another step towards realization this week, as respected Member of Parliament Bob Rae from the…
Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives.We live in an…
Later this year, the ninth meeting of the parties to the Kyoto Protocol will take place in Warsaw. IRIN’s Jaspreet Kindra discusses the two major emissions reduction deals that will…
A new sterilization system uses nanomaterials to convert 80 percent of the energy in sunlight into heat, and could be a boon for more than 2.5 billion people who lack…
A U.S. energy safety bureau said part of a drilling platform off the coast of Louisiana has partially collapsed after catching fire late Tuesday. No injuries were reported when a…
Several years ago, the Russian Federation’s Open Joint Stock Company Gazprom had every reason to feel that it was “top of the world,” to quote James Cagney’s crazed character Cody…
TransCanada Corp. (TRP) was hoping to launch Keystone XL during the second half of 2015, but the company is now conceding that this will be challenging given the pace of…
When we flip on a light, we rarely think about water. But electricity generation is the biggest user of water in the United States. Thermoelectric power plants alone use more…