Charles Kennedy

Latest articles from Charles

• South Korea Joins Japan in Oil Payments to Iran

  Published 12 February 2014 | viewed 7,440 times

  The government of South Korea is preparing to issue a payment to Iran for crude imports as limited relief from sanctions in line with a…

• EPA Issues Guidance on the Use of Diesel in Fracking

  Published 12 February 2014 | viewed 4,735 times

  The Environmental Protection Agency issued guidance on February 11 on the use of diesel fluids in hydraulic fracturing. Fracking is largely outside of EPA’s control,…

• China Makes Large Natural Gas Discovery

  Published 11 February 2014 | viewed 8,738 times

  China National Petroleum Corporation (CNPC) announced the discovery of a large natural gas field in Sichuan province. The reserve, discovered by CNPC’s subsidiary PetroChina, could…

• French Oil Giant Downsizes in Angola

  Published 10 February 2014 | viewed 5,021 times

  French oil giant Total SA last week announced it had sold its 15% stake in an oil block offshore Angola for $750 million as the…

• Salt Beds Point to Nuclear Waste Solution

  Published 10 February 2014 | viewed 5,137 times

  The Department of Energy is conducting a pilot project to solve one of the most intractable energy problems – a solution to a storage site…

• Ongoing Coal Ash Spill Raises Prospect of Regulation

  Published 08 February 2014 | viewed 4,779 times

  Duke Energy is continuing to struggle to get a handle on its large leak of coal ash into the Dan River. After four days, workers…

• Alaska’s Largest Refinery to Close Down

  Published 08 February 2014 | viewed 10,752 times

  Alaska’s largest refinery by capacity may shut down operations permanently beginning in May this year, citing the massive costs associated with clean-up. The North Pole…

• Richard Branson’s Renewable Playground for the Rich and Famous

  Published 06 February 2014 | viewed 11,568 times

  Billionaire Richard Branson’s Necker Island for the rich and famous will go 75% renewable energy, with solar, wind and smart-technology energy storage in a massive…

• California Drought Expected to Lower Hydro Generation

  Published 06 February 2014 | viewed 7,111 times

  The record drought in California will cut into the availability of water for hydropower generation in the coming months, according to the Energy Information Administration.…

• Lithuania Files Second Lawsuit Against Gazprom

  Published 05 February 2014 | viewed 5,024 times

  Majority shareholders of Lithuanian utility Lietuvos Dujos are preparing to file a second lawsuit against Russian gas giant Gazprom over unfair gas prices. The lawsuit…

• Coal Leasing on Public Lands Deprives Taxpayers of Millions

  Published 05 February 2014 | viewed 7,168 times

  A new report from the U.S. Government Accountability Office (GAO) found that the U.S. government has failed to ensure that coal companies pay the fair…

• Petrobras Stock Hits 8-Year Low

  Published 04 February 2014 | viewed 5,314 times

  On February 3, the stock price for Petroleo Brasileiro SA (Petrobras), Brazil’s flagship oil company, dropped by 5.8% to an eight-year low. Once one of…

• Getting Around the US Crude Export Ban

  Published 03 February 2014 | viewed 10,498 times

  Those who seek to get around the ban on most US crude exports that has been in place for four decades are reportedly eyeing the…

• New Process Recycles Old Plastics into Usable Liquid Fuels

  Published 01 February 2014 | viewed 7,468 times

  Plastics are a pain. They are very useful during their product life but once disposed they don’t degrade naturally, and this creates huge problems in…

• Study: Gas Prices to Remain Stable for 2 Decades

  Published 30 January 2014 | viewed 11,459 times

  A new study predicts that natural gas prices will remain stable over the next two decades due to sustained levels of shale production. The report,…

• Coal Markets Hit Hard as Emerging Economies Begin to Wobble

  Published 30 January 2014 | viewed 8,342 times

  Slowing growth in developing countries has started to affect the commodities market, especially for coal, as orders are slashed and prices have fallen as much…

• Australian AWE Downsizes in Tasmania

  Published 29 January 2014 | viewed 4,098 times

  Australian oil firm AWE has sold down its interests in the Bass basin offshore northern Tasmania for $74 million in cash to the Indian Prize…

• Seabed Carpet to Generate Huge Amounts of Energy from Waves

  Published 29 January 2014 | viewed 12,113 times

  Reza Alam, an assistant professor at US Berkeley and expert in wave mechanics, is designing a ‘carpet’ to be laid across the seafloor that will…

• Foreign Oil Companies Near Commercial Output in Uganda

  Published 28 January 2014 | viewed 5,425 times

  International oil companies have moved one step closer to launching commercial crude production in Uganda as the government announces the finalization of talks with foreign…

• Iraqi Energy Sector Threatened by Syrian Spillover

  Published 28 January 2014 | viewed 4,408 times

  Despite the fact that Iraq is preparing to experience one of its largest ever jumps in oil production output in its history, Hussain al-Shahristani, the…