Regulation

2014 Paralympic Winter Games - Closing Ceremony

Russian President Vladimir Putin has said the precipitous decline in oil prices is not a “tragedy” for the budget of his petro-state and its people. That same day on Friday, Moody’s downgraded Russia’s debt ratings to Baa2 with a negative outlook, citing, among other things, the ongoing erosion of Russia’s foreign exchange buffers due to low oil prices. Experts… Keep reading →

EPA. RFS. Reality.

EPA Proposes Changes To Ethanol Mandate In Gasoline

Interesting Reuters piece last week on the Renewable Fuel Standard (RFS) and very tardy 2014 ethanol-use requirements, now more than 10 months overdue from EPA. Reuters reports: The Obama administration is trying to balance its support for renewable fuels with awareness of infrastructure constraints at gas stations as it finalizes targets for 2014 biofuel use, agency officials said… Keep reading →

Renault Presents Cannes Film Festival Official Car 'Latitude'

Christophe de Margerie, CEO of major French oil company Total, was killed Monday night when his corporate jet crashed into a snow removal vehicle on the runway of an airport near Moscow. The company reportedly has no succession plant in place, but has strong corporate governance led by a long-standing board of directors. “Barclays France… Keep reading →

Europe Fears Cuts In Natural Gas From Russia

Russian, Ukrainian and EU leadership meet tomorrow with the goal of finalizing a natural gas supply agreement as cold winter weather looms. Russia suspended gas shipments to Ukraine in June due to disagreements over price going forward and over $5 billion of unpaid bills for gas already delivered. Ukraine’s state gas company faces financial challenges… Keep reading →

Natural Gas Prices In Midwest Could Jump Over 70% After Katrina

US natural gas prices have trended lower since the summer, but homeowners will likely pay slightly more for the heating fuel than last winter. “For consumers, prices will be about 6.8% higher than last winter, as gas utilities sell more expensive fuel they bought in the spring and summer, according to the U.S. Energy Information… Keep reading →

With AFP Story by Veronique DUPONT: US-E

Marcellus Gas Production Anticipated to Increase, Lead the Nation in November: The State Journal (West Virginia): The U.S. Energy Information Administration’s Drilling Productivity Report, released Oct. 14, revealed that the Marcellus Shale play is anticipated to produce more gas than other reported regions in November. The Marcellus region is expected to produce 16,045 million cubic feet of… Keep reading →

Aerial-Shot-Lighter-Color

The Renewable Fuel Standard was designed to introduce increasing volumes of biofuels into the US liquid transportation fuel system as part of the 2005 Energy Policy Act. The standard has been expanded over time with greater focus given to advanced biofuels like cellulosic ethanol that do not use food crops as a direct feedstock. Blending… Keep reading →

Europe Fears Cuts In Natural Gas From Russia

 The EU Commission yesterday released the first “Energy Security Stress Tests” in the wake of the Ukraine crisis. On its behalf, the European Network of Transmission System Operators for gas (ENTSOG) modeled two disruption scenarios for a period of one or six months: Complete halt of Russian gas imports to the EU Disruption of Russian… Keep reading →

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Last week we welcomed the Department of Energy’s new Deputy Secretary, Dr. Elizabeth Sherwood-Randall. On Friday, Energy Department employees got a visit from Vice President Joe Biden, who administered a ceremonial oath of office to Dr. Sherwood-Randall in the Forrestal Auditorium at Energy Department headquarters. Check out photos from Deputy Secretary Sherwood-Randall’s swearing-in ceremony in the photo… Keep reading →

Daily Life In Istanbul

Ankara’s security and political concerns may drive it to establish buffer zones unilaterally, while Washington’s hesitance could cost it a coalition. Since the armed phase of the rebellion against Bashar al-Assad began in summer 2011, Turkey has been intent on setting up safe havens and accompanying no-fly zones in northern Syria to protect areas held… Keep reading →

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