The Latest

Abu Dhabi Media Summit

Is the rapid increase in US oil and gas production from shale resources a threat to the oil-dependent Saudi Arabian economy? That depends on who within the kingdom you ask. One school of thought proclaims global energy demand growth is expected to be sufficient to absorb all new supply sources, while another fears extensive incremental… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Devon has agreed to pay GeoSouthern Energy $6 billion for assets in the Eagle Ford shale that currently produce 53,000 barrels per day of oil equivalent and hold recoverable resources of 400 million boe, most of that proved reserves. [Devon] Oil and gas producer Cabot  will pay a $975,000 civil penalty and spend an estimated… Keep reading →

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This week on Energy.gov, we’re revisiting the storied rivalry between two of history’s most important energy-related inventors and engineers: Thomas Edison and Nikola Tesla. Check back each day to learn more about their lives, their inventions and how their contributions are still impacting the way we use energy today. Support your favorite with the hashtags #teamedison and #teamtesla… Keep reading →

Russia Halts Oil to Western Europe Thru Belarus

Technology start-ups and Russian oil companies are partnering up to turn flared gas into an economic benefit through gas-to-liquid generation Satellite data from the National Oceanic and Atmospheric Administration (NOAA) shows that Russia flared 35 billion cubic meters of gas in 2011 and is on par with the amount they’ve previously burned into the atmosphere.… Keep reading →

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You may have recently seen TV commercials in the US for new fuel-efficient diesel engines offered by several manufacturers. While European drivers have enjoyed the exceptional fuel efficiency modern diesel engines provide, the technology is becoming more widespread in the US market, and today GM announced its 2016 Chevrolet Colorado midsize pickup will come with… Keep reading →

Louisiana Oil Industry Recovers From Katrina Devastation

United States law prohibits exports of crude oil and condensate except under certain conditions, while exports of refined products and natural gas are far less restricted. While these laws had little impact when the country was in a position of oil and gas scarcity, the country’s newfound energy abundance has rendered some of them obsolete,… Keep reading →

Jousting Knights Re-enact Medieval Scenes

In the debate over hydraulic fracturing – as in most debates – the most extreme views do not offer the most viable solutions. But while the oil and gas industry has, by and large, acknowledged that there are risks associated with fracking that must be managed, there are still many in the anti-fracking camp who… Keep reading →

British Gas Controversially Increases Its Energy Prices

Tesla and Edison are one of energy history’s great duos. Both have granted their names and legacies to companies and entire fields of study, employment and business. But unlike some more distant figures of the past, people are still arguing about which was more important and which more inventive. At a time when innovation is… Keep reading →

Israeli Stock Market Reacts To News Of Ariel Sharon's Health

Statoil has been proactively linking the contractual price of natural gas to European gas trading hubs and abandoning oil-linked pricing as Brussels pushes for market liberalization, consumers fight oil-linked prices and regional hubs gain liquidity. The change is slowly taking place in Eastern Europe, but “all of its German contracts and nearly all its UK,… Keep reading →

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This week on Energy.gov, we’re revisiting the storied rivalry between two of history’s most important energy-related inventors and engineers: Thomas Edison and Nikola Tesla. Check back each day to learn more about their lives, their inventions and how their contributions are still impacting the way we use energy today. Support your favorite with the hashtags #teamedison and #teamtesla… Keep reading →

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