BP

Oil Prices Rise As BP Shuts Pipeline

Project partners and the State of Alaska filed a permit application with FERC on Friday to export an estimated 35 trillion cubic feet of natural gas reserves from Alaska’s North Slope. The mammoth project could cost between $45 billion and $65 billion and would involve constructing an 800-mile pipeline in addition to gas processing, liquefaction… Keep reading →

Neurath Power Plant Rated Germany's Biggest CO2 Emitter

Germany, the UK and Poland have the dirtiest coal plants in the EU, where the share of coal in power generation is currently around 25%. The IEA says EU coal-fired generation needs to be below 4% by 2035 to combat climate change. Germany exported a record amount of power in 2013 as it generated more… Keep reading →

Transport Minister Visits PCK Oil Refinery

BP Says Oil Price at its Most Stable Since Early 1970s FT.com – Despite jitters over Iraq, the price of oil is at its most stable since the early 1970s, as a huge increase in US oil production offsets massive disruptions to supply from places such as Libya, according to BP. Christof Rühl, group chief… Keep reading →

U.S. Oil Prices Hit Eight Month High

Renewable energy sources grew significantly last year according to the BP Statistical Review of World Energy 2014, a widely-accepted energy data source, but coal use plugged along with global coal consumption as a share of total global energy consumption at its highest level since 1970. “Demand from renewable energy sources, including wind and solar, rose… Keep reading →

Solar Energy Is Focus Of Energy-Producing Housing Colony

The story of how net metering and onsite residential solar is eating way utilities’ profit margins is getting old, so what can these companies do about it? This piece suggest two strategies. “Clean Power Finance’s new partnership with North American Power demonstrates one of two ways in which a retail electricity provider (REP) can profit from selling… Keep reading →

Oil Prices Rise As BP Shuts Pipeline

BP announced yesterday it will sell interests in four Alaska North Slope assets to Hilcorp, a comparatively small, independent, Texas-based operator. BP says the divestment will help focus on increasing output from the giant Prudhoe Bay field and an ambitious LNG export project. “There are some big benefits from this transaction,” said Janet Weiss, President… Keep reading →

Tamar, The Natural Gas Production Platform Off The Israeli Coast, Is To Begin It's Natural Gas Production

The Federal Gulf of Mexico is one of the fastest-growing offshore markets with yet-to-be-discovered potential of about 48 billion barrels of oil, according to various US data. The latest EIA data allocate 17% of US crude oil production in 2013 to the federal offshore Gulf of Mexico. Could the future of the US oil industry… Keep reading →

Buoyant-Airborne-Turbine-Altaeros-Energies-1-537x373

Wind turbines that float 1,000 above ground for months at a time take advantage of higher wind speeds than ground-based units, but they cost a lot more. Nevertheless, floating windmills could be deployed in circumstances where cost is not a primary limitation, such as remote locations characterized by high power prices or military installations. [Inhabitat]… Keep reading →

Cabinets From Both UK And Scottish Governments Meet In North East Scotland

The US EPA lifted a ban that prohibited BP from bidding on new leases in the Gulf of Mexico. BP was suing the EPA because of the ban. The British oil major may now participate in a lease sale being held this Wednesday. “After a lengthy negotiation, BP is pleased to have reached this resolution,… Keep reading →

Early Voting Begins In Iowa For Presidential Election

Many Americans lack knowledge on key energy issues, which could be problematic when they vote later this year for congressional representatives who will shape the country’s energy policies. “What is the solution to this ongoing problem of voters not having sufficient energy knowledge? It is information. Women and men need to understand both sides of the… Keep reading →

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