Somewhere in Cheshire an energy revolution is brewing. Modern nuclear researchers are developing new approaches to safe subcritical reactors, using fertile thorium as fuel. The new reactor designs will be…
The financial crisis of 2008 and the high gasoline prices that have haunted consumers since has the Peak Oil debate pressuring enhanced oil recovery. Today there are many countries talking…
Stuart Staniford notes that the number of trucks and passenger vehicles in China has been growing at about 23% each year.
I have long sat beside the table of Mckinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So, I jumped at the…
OPEC Ministers, meeting in Vienna last week, apparently had one of their more divisive discussions of recent times over the question of raising pumped volumes. Saudi Arabia, Kuwait and…
As U.S. Secretary of Defense continues his victory lap around U.S. foreign bases, scolding NATO allies along the way for failing to pull their weight in the alliance, it is…
Exxon’s CEO Rex Tillerson announced back in March plans to spend $100 million a day for the next five years to expand the search for oil and natural gas previously…
One could be forgiven for thinking that ever since the Fukushima Daiichi nuclear power plant disaster, the global nuclear industry would be dead in the water. Indeed, the reaction of…
The world is beginning to look a lot like the August of 1914 or perhaps the summer of 1939 all over again. This time instead of the great powers of…
Why the entire sector should see a rising tide of revenue and profits... for the next few years. The rapid increase in horizontal drilling and the shale revolution, the energy…
As the dire news continues to leach out of Fukishima, the silver lining in its nuclear cloud is that renewable energy technologies, despite their daunting start-up costs, are receiving renewed…
I was recently asked to participate in an energy roundtable at Focus on China’s Energy Future and the Shale Gas Question. It is no secret that I feel that…
The Organization of Petroleum Exporting Countries (OPEC) announced on Tuesday that its members could not reach an agreement to change OPEC's production quotas. How significant is that announcement? In…
In the absence of replenishment by successful exploration or reserves growth, so-called 'reserves replacement', proved reserves would tend to decline over time as production depleted the existing reserve base. However,…
Researchers from the University of Minnesota’s Department of Earth Sciences have developed an approach to extracting geothermal energy more efficiently while reducing atmospheric carbon dioxide at the same time. The…
Executive chairman of Templeton Asset Management’s emerging markets group, Mark Mobius, who oversees more than $50 billion, firmly believes another financial crisis is “inevitable.” Sounds ominous, right? Mobius doesn’t think…
Crude oil futures erased gains on Thursday, as prices were pressured by a broadly higher U.S. dollar and after disappointing U.S. employment data added to concerns over the economic recovery…
U.S. Secretary of State Hillary Clinton got the file Monday as the State Department concluded a public comment period on its draft environmental impact statement, and will publish a final…
Shell has combined forces with Brazilian ethanol company Cosan and launched a $12 billion joint venture, named Raizen, in one of the biggest biofuel deals to date. Plans for the…
The Arctic Ocean is a vast frozen sea bordered by Russia, Canada, Denmark, and Norway. It has been explored but it’s potential for mineral deposits and oil and gas deposits…