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Breaking News:

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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • Investors Hold Positions In Coal Plants

    Published 05 May 2014 | viewed 4,460 times

    Investors have not yet abandoned coal-fired power plants despite new environmental regulations and a series of legal setbacks, according to Bloomberg BNA. Instead, they appear…

  • Oil Price Slide Comes To A Halt Amid Jobs Data, Ukraine Tension

    Published 03 May 2014 | viewed 5,102 times

    Prices for WTI and Brent oil reversed declines as positive employment numbers and geopolitical tension put upward pressure on prices. For June delivery, WTI was…

  • Oil Train Derails, Explodes In Virginia

    Published 01 May 2014 | viewed 4,902 times

    A train carrying crude oil derailed in downtown Lynchburg, Virginia, population 77,000, triggering a huge blaze and spilling thousands of gallons of oil. Between 12…

  • Oil Worker Deaths Spotlight Job Risks

    Published 01 May 2014 | viewed 5,317 times

    Two men were killed and nine others injured in an explosion at an oil-drilling site in Texas on April 30. The incident occurred about 60…

  • Putin Threatens Retaliation Against Western Oil Companies

    Published 30 April 2014 | viewed 11,337 times

    Russian President Vladimir Putin has responded to U.S. and EU sanctions by warning that further action against Russia could force him to reconsider the involvement…

  • U.S. Sanctions on Russia Put Western Oil Companies in Tricky Position

    Published 29 April 2014 | viewed 6,083 times

    New U.S. sanctions on Russia that include asset freezes and travel bans on several top Russian officials, including Rosneft’s Igor Sechin, are raising the likelihood…

  • Slovakia Agrees To Supply Ukraine With Gas

    Published 28 April 2014 | viewed 5,917 times

    Slovakia has signed an agreement with Ukraine to reverse the flow of a natural gas pipeline that connects the two countries. The pipeline was constructed…

  • Oil Drilling Firm May Disclose All Its Fracking Chemicals

    Published 25 April 2014 | viewed 6,837 times

    Oil field services firm Baker Hughes says that it is considering disclosing all of the chemicals it uses in its fracking operations. In a statement…

  • China Passes Major Environmental Rules

    Published 24 April 2014 | viewed 4,940 times

    In a clear sign that the growth-at-all-costs policy that has governed the Chinese economy for a generation is changing, Beijing has unveiled a slate of…

  • U.S. Wants To Help Ukraine Develop Shale Gas

    Published 23 April 2014 | viewed 5,871 times

    The U.S. Department of Energy plans to work with private U.S. companies to help Ukraine develop its shale gas resources. In an April 22 interview…

  • U.S. Finalizes Rule On Coal Dust

    Published 22 April 2014 | viewed 4,630 times

    The Obama administration finalized a rule on April 21 that would cut in half the amount of coal dust that miners can be exposed to.…

  • U.S. Funds Nervous About U.S. Sanctions On Russia

    Published 21 April 2014 | viewed 5,271 times

    Several U.S. funds are concerned about the investment risk posed by potentially broad economic U.S. sanctions on Russia in response to Moscow’s actions in Ukraine.…

  • Transportation Emissions Could Rise by 71% by 2050

    Published 11 April 2014 | viewed 4,723 times

    A new report from the Intergovernmental Panel on Climate Change published on April 13 finds that the transportation sector is set to be the fastest…

  • As U.S. Shale Plateaus, Drillers Look Abroad

    Published 10 April 2014 | viewed 5,162 times

    It is possible that many shale producers in the U.S. will see their production plateau over the next few years. The phenomenal expansion experienced in…

  • Oklahoma Suffering From Huge Increase in Earthquakes Near Drilling

    Published 09 April 2014 | viewed 20,062 times

    Oklahoma is dealing with a significant increase in earthquakes near drilling sites, suggesting a link between hydraulic fracturing and seismic activity. Oklahoma has already experienced…

  • Shell Begins Oil Exports from Iraq’s Majnoon Field

    Published 08 April 2014 | viewed 5,571 times

    Royal Dutch Shell hit commercial production targets in its Majnoon field in Iraq, allowing it to begin exports. Shell owns a 45% stake in the…

  • Oil Drops on Libyan Deal

    Published 07 April 2014 | viewed 4,366 times

    Libyan rebels came to an agreement with the central government in Tripoli, allowing the country to resume oil exports out of two ports. Libyan rebels…

  • EU Slashes Carbon Permits, Increasing Cost of Pollution

    Published 05 April 2014 | viewed 5,330 times

    The European Union’s move to prop up the price of carbon pollution in its greenhouse gas trading market could result in significant increases in carbon…

  • Amazon, Twitter Fail Greenpeace Report Card

    Published 03 April 2014 | viewed 8,319 times

    Amazon and Twitter have received “Fs” on their renewable energy report cards issued by Greenpeace, for inadequate commitment to renewable energy as a large percentage…

  • Merkel Pulls Back on Wind Power Cuts

    Published 03 April 2014 | viewed 4,832 times

    In an effort to gain political support for her energy policies, German Chancellor Angela Merkel has agreed to make smaller cuts to wind power assistance…

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