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Energy News Roundup: Hayward Steps in at Glencore, Oil Traders Under Scrutiny for Price Manipulation, and Gazprom to Build $8mn/km Pipeline

Energy News Roundup: Hayward Steps in at Glencore, Oil Traders Under Scrutiny for Price Manipulation, and Gazprom to Build $8mn/km Pipeline

Hayward steps in as interim Glencore chairman Former BP Chief Executive Tony Hayward is will serve as interim board chairman at mining behemoth Glencore Xstrata until a replacement can be found. Hayward was head of BP at the time of the Deepwater Horizon incident – a rig explosion in the Gulf of Mexico in 2010… Keep reading →

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US President Barack Obama addresses a Jo

The FRAC Act is reintroduced to implement federal level regulations to protect groundwater resources from potential risks associated with hydraulic fracturing. On May 9, 2013, Rep. Diana DeGette (D-Colo.) and Rep. Chris Gibson (R-N.Y.) reintroduced the Fracturing Responsibility and Awareness of Chemicals (FRAC) Act, a bill first proposed by DeGette in 2008.  The 2013 version signifies a… Keep reading →

Canadian Prime Minister Stephen Harper s

Canadian Prime Minister Stephen Harper spoke bluntly about the rationale for approving the Keystone XL pipeline during a visit to the Council on Foreign Relations in New York yesterday. Canadian energy exports are critically important to the country’s economy, which has suffered in recent years from a lack of market access for its crude oil…. Keep reading →

BP Attempts "Static Kill" To Permanently Plug Damaged Oil Well

A proxy battle between activist investor Carl Icahn and Transocean – the world’s largest offshore driller, and owner and operator of the ill-fated Deepwater Horizon rig that exploded and sank in the Gulf of Mexico in 2010 – comes to a head today at the company’s annual shareholders meeting. The dispute comes down to control… Keep reading →

Children play in a fountain to refresh o

 

A liquified natural gas (LNG) tanker sit

Proponents of a “commercial maturity test” for LNG export projects suggest that it could help to bridge the gap between those who support and those who oppose allowing the market to determine how much natural gas the US will sell abroad. But changing the rules mid-stream could give some project developers an edge, and even… Keep reading →

The University of Tromso's research vess

The National Strategy for the Arctic Region intends to position the U.S. to respond to challenges and economic opportunities in the Arctic, prioritizing security, responsible resource development, and cooperation with other Arctic nations.   On May 10, 2013, the White House unveiled the “National Strategy for the Arctic Region,” outlining the administration’s priorities to manage… Keep reading →

Steams rises from the Kawasaki natural g

The window for US exporters to enter the global LNG marketplace will not be open forever, so why is it taking so long to approve these projects? Several high-profile energy experts mulled this and other economic, geopolitical and environmental questions at a recent Columbia University Center on Global Energy Policy gathering. The US Department of… Keep reading →

PHILIPPINES-ECONOMY-FOREX

Cost estimates for various methods of wastewater disposal and recycling vary, depending on both the reservoir in question, and the information source. A seven-well recycling and reuse program using electrocoagulation in Eddy County, New Mexico, substituted over 8 million gallons of produced water for fresh water, and saved $70,000-$100,000 per well in water management costs, according… Keep reading →

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