British energy company BP said this week it was nearly finished with upgrades to its Whiting oil refinery in northwest Indiana. Its largest refinery in the United States, the British…
For the second time, the US House of Representatives has lifted the moratorium on oil and gas drilling off the coast of Virginia and expanded offshore drilling in general--and this…
The one thing you need to know about President Obama's plan to address climate change is that the most it will accomplish is slowing very slightly the pace at which…
High concentration photovoltaic thermal system harnesses the power of 2,000 suns.IBM researchers in Switzerland have designed a high concentration photovoltaic thermal system (HCPVT) that concentrates solar radiation by…
Shell announced another big find in the Gulf of Mexico today.The company’s Vicksburg prospect tested 152 metres of net oil pay, at 8,000 metres deep. Vicksburg is believed…
Recent discoveries of oil and natural gas fields off the coasts of Lebanon and Israel are not likely to settle any of the region’s long-standing disputes. Rather they may instead…
The US House has ratified an agreement governing oil and gas development along the US-Mexico border, possibly breaking the moratorium on production here and adding in a controversial clause that…
The British government got an earful from Kazakhstan this week despite Prime Minister David Cameron's economic outreach. The prime minister arrived Sunday in Kazakhstan to help launch one of the…
In 2007 Alexei Miller, close friend of President Vladimir Putin, was CEO of the world’s third largest company by market value, Gazprom, worth around $360 billion, and he had vowed…
Researchers at the University of Bergen and Uni Research of Norway hatched an idea that sounds too good to be true: a common marine species that consumes microorganisms and…
The Central African Republic has become a key player, working under Sudanese and Iranian direction, in jihadist action, geared to take advantage of the West's declining influence in Western and…
Most people probably associate the present and future of the oil and gas industry with horizontal wells and monster frack jobs in shale formations. That concept is driven by the…
Natural gas futures fell to their lowest price in 16 weeks in New York on 27 June, as stockpiles were up higher than expected and demand remains sluggish.We’re…
The U.S. natural gas market may be on the verge of a big swing. And it’s not about the talk of the town, Liquid Natural Gas (LNG).
Turkey’s booming economy faces one major constraint – a lack of hydrocarbon resources.At least up to now.The U.S. government’s Energy Information Administration notes in its report…
Last Week the White House released a long-anticipated Climate Action Plan. Conservatives have been swift to attack it as a “backdoor energy tax.” The critics could not be…
Ten years ago, hopes were high there would be a major pipeline connecting Europe directly to the gas fields of the Caspian Basin and the Middle East. The…
We have seen how Gold and Silver were viciously attacked by the shorts this past week, and surprisingly Oil escaped the carnage which is interesting because in April Oil was…
There have been a number of recent research reports addressing the notion of ‘Peak Car’ – whether driving has peaked per person in the US. So here are a…
Canada's government last week proposed new fines and regulations for major crude oil pipelines in the country. Canada is among the world leaders in terms of oil production and needs…