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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • Oil Drops on Libyan Deal

    Published 07 April 2014 | viewed 4,368 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 5,342 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 8,331 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 4,834 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…

  • US Tight Oil Reaches 10% of World Production

    Published 02 April 2014 | viewed 8,168 times

    US overall crude oil production has reached more than 10% of the world’s total production, up from 9% in the fourth quarter of 2012, according…

  • Apache Oil Getting Rid of More Canadian Assets

    Published 02 April 2014 | viewed 5,169 times

    As part of its portfolio rebalancing strategy, Houston-based oil and gas company Apache Corp is selling oil-and-gas-producing assets in Canada worth $374 million. Seeking to…

  • Marcellus Becomes More Profitable

    Published 02 April 2014 | viewed 5,291 times

    A new report from Moody’s suggests that producers that got in on the Marcellus shale early, and weathered several years of low prices, are now…

  • Mexican Local Content Rules Could Complicate Oil Investment

    Published 01 April 2014 | viewed 9,352 times

    The Mexican government is considering implementing local content rules for oil and gas exploration in an effort to provide benefits to Mexican companies. According to…

  • U.S. Regulators Say Oil Industry Withholding Data on Rail Crashes

    Published 31 March 2014 | viewed 6,540 times

    Federal regulators said on March 28 that the oil industry was withholding key information related to the series of train derailments and explosions involving transporting…

  • Argentina Cuts Utility Subsidies

    Published 28 March 2014 | viewed 9,191 times

    Argentina announced that it will reduce the rate at which it subsidizes natural gas and water in order to trim its budget deficit. "What we…

  • Soros Promotes Oil Sales to Punish Putin

    Published 27 March 2014 | viewed 12,154 times

    Just weeks after the US announced its first test sale of crude oil from strategic reserves since 1990, billionaire philanthropist George Soros is lobbying for…

  • Potential Sale of Oil from SPR Gaining Steam

    Published 27 March 2014 | viewed 4,282 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 6,098 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 4,878 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 5,088 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 7,521 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 5,374 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 5,695 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 5,355 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 4,416 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…

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