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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • Potential Sale of Oil from SPR Gaining Steam

    Published 27 March 2014 | viewed 4,272 times

    Bloomberg News reported on March 26 that the possibility of the U.S. releasing emergency stockpiles of oil in order to punish Russia is gaining a…

  • U.S. Oil Production Reaches 10% of Global Supply

    Published 26 March 2014 | viewed 6,096 times

    In the fourth quarter of 2013, the United States produced 7.84 million barrels of oil per day, according to new data from the Energy Information…

  • Japan Cuts Solar, Raises Wind Tariff

    Published 25 March 2014 | viewed 4,876 times

    Japan slashed the rate that solar power earns on the grid by 11%, down to 32 Yen (31 cents) per kilowatt-hour. Beginning in the new…

  • Chevron Seeks $32.3M in Legal Fees over Ecuador

    Published 24 March 2014 | viewed 5,068 times

    Chevron Corp is seeking $32.3 million in legal fee reimbursements after a US federal judge ruled in its favor earlier this month in a record…

  • China Became Largest Importer of Liquid Fuels in 2013

    Published 24 March 2014 | viewed 7,519 times

    New data from the U.S. Energy Information Administration shows that in September 2013 China surpassed the U.S. to become the world’s largest importer of oil…

  • Companies Lining Up to Profit on Mexican Oil

    Published 22 March 2014 | viewed 5,372 times

    The landmark energy reform passed last year as part of Mexican President Enrique Pena Nieto’s agenda opened up Mexico’s oil sector for the first time…

  • On Keystone XL, Obama Must Choose Between Donors and Senate

    Published 20 March 2014 | viewed 5,693 times

    President Obama recently told a group of governors in a closed-door meeting that he would make a decision on the infamous Keystone XL pipeline within…

  • BP Getting Back in the Gulf

    Published 20 March 2014 | viewed 5,353 times

    Just two weeks after the US government lifted a 16-month ban on new federal contracts for BP Plc, the company placed the winning bid on…

  • Chesapeake Energy to Spin-Off Oil Services Unit

    Published 19 March 2014 | viewed 4,414 times

    Chesapeake Energy Corp., the second-largest US natural gas producer, has announced plans for a possible spinoff of its oilfield services unit to unload some $1…

  • Solar Market Turns Positive as Demand Grows

    Published 19 March 2014 | viewed 4,309 times

    Rising demand around the world for solar energy is lifting the industry into profitability after years of oversupply. For years, solar manufacturers, spurred on by…

  • Kurdistan’s Finances Hurting over Oil Row with Baghdad

    Published 18 March 2014 | viewed 5,466 times

    The Kurdish economy is facing some of its worst problems in years as Baghdad has halted funding to the regional government due to the ongoing…

  • U.S. Seals Seize Oil Tanker

    Published 17 March 2014 | viewed 8,218 times

    A team of U.S. Navy Seals boarded an oil tanker near Cyprus late Sunday night, gaining control of the ship that had been seized by…

  • Ohio Fracking Operation Halted Over Earthquakes

    Published 15 March 2014 | viewed 9,232 times

    A series of earthquakes hit eastern Ohio on March 10 prompting officials to halt hydraulic fracturing operations as they investigated the cause. The earthquake occurred…

  • Albany Orders Moratorium on Bakken Crude

    Published 13 March 2014 | viewed 8,583 times

    Authorities in Albany County, New York have issued a moratorium on Bakken crude oil processing at the Port of Albany pending a public health investigation.…

  • Mexico Will Release Seismic Data for Oil Exploration

    Published 13 March 2014 | viewed 5,401 times

    The President of Mexico’s National Hydrocarbons Commission stated on March 12 that Mexico will release years of seismic data that will help the country attract…

  • Nigeria’s Missing Oil Money Sparks Political Crisis

    Published 12 March 2014 | viewed 7,517 times

    Over a month after Nigerian President Goodluck Jonathan suspended the country’s Central Bank governor after he blew the whistle on $20 billion in oil money…

  • Drilling Efficiency Continues to Climb in U.S. Shale

    Published 12 March 2014 | viewed 5,514 times

    Oil and gas operators are continuing to improve their drilling techniques, leading to increases in total output on a per-rig basis. New data from the…

  • Senator Pushes LNG Exports as part of Ukraine Aid Package

    Published 11 March 2014 | viewed 4,296 times

    Republican Senator John Barrasso (WY) plans on attaching his bill that authorizes more LNG exports to an aid package for Ukraine. Sen. Barraso originally introduced…

  • Libyan Govt Threatens to Destroy North Korean Oil Tanker in Rebel Territory

    Published 10 March 2014 | viewed 12,367 times

    The Libyan government ordered its armed forces to fire upon an oil tanker that was docking at a port in rebel controlled territory. The North…

  • Canada Approves Enbridge Pipeline Flow Reversal

    Published 07 March 2014 | viewed 5,522 times

    Enbridge got the go-ahead to reverse the flow of a pipeline that stretches across Canada. The National Energy Board of Canada approved the company’s plan…

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