In its goal of pursuing statehood, the Islamic State became an oil state at the worst time. When international oil prices were trading closer to $100/bbl, it’s estimated that IS could have been making $6 million a day from black market oil sales. The oil price decline is altering the way IS conducts its business… Keep reading →
Energy News Roundup: Oil Price Decline Hurts ISIS, Saudi GDP Growth Down & Ontario Smart Meters Removed Over Safety ConcernsBy Jared Anderson
Alberta is Canada’s energy powerhouse, home to the country’s oil sands resources, significant natural gas reserves and over 10 active coal mines. As the country seeks to be a global energy power it needs the steward of its abundant resources to be viewed as one of the world’s best, and that responsibility now falls on… Keep reading →
Ed. note: This is a new weekly column by Elie Mystal, Managing Editor of Above the Law Redline. This space will focus on the laws that exist, should exist, and should be put out of their misery. OVER-REGULATED Iranian Sanctions: You probably know that crude oil prices are ridiculously lower than they were a few… Keep reading →
As the U.S.’s international trade in energy grows, so too has interest in the process for securing a federally required approval known as a Presidential Permit.
The construction, operation, and maintenance of infrastructure that crosses the U.S.’s border with Mexico or Canada — think pipelines, transmission lines, and bridges — generally requires prior authorization by the federal government in the form of a Presidential Permit. How you obtain a Presidential Permit depends on the type of facilities in question, as permits may be issued by several federal agencies under different legal authorities.
Energy News Roundup: News Outlets Fight Coal Case Gag Order, Canada Faces Climate Pressure & Oil Prices ReboundBy Jared Anderson
Former Massey Energy CEO Don Blankenship was criminally indicted for being responsible for the deaths of 29 coal miners in 2010 and in the interest of ensuring a fair trial U.S. District Judge Irene Berger sealed all court records. However, several major media organizations are challenging the gag order. “The news outlets could have good… Keep reading →
There have been a variety of efforts in recent years to harmonize energy policy and markets across the US, Canada, and Mexico. At the North American Gas Forum meeting this past week in Washington D.C. some of these efforts were discussed. The most important change in the energy landscape has clearly been the shale boom with surprising… Keep reading →
The North American Gas Forum was held in Washington D.C. Sept 28-29. The event brought together leaders from across the natural gas supply chain to discuss the latest developments and important issues in the industry today. Keynote speakers were Adam Sieminski, Administrator of the U.S. Energy Information Administration discussing the impressive growth in gas and… Keep reading →
Mexico is making sweeping changes to its regulatory structures with the goal of increasing economic growth from various sectors, including energy. And while oil sector reforms have received the most attention, strengthening electricity and natural gas infrastructure to boost manufacturing is a short-term priority. Investment from US companies and financial institutions is critical, but Mexico… Keep reading →
Energy News Roundup: Northern Gateway Pipeline Approved & Climate Change to Impact Energy InfrastructureBy Jared Anderson
The 525,000 barrel per day pipeline designed to transport diluted bitumen from Northern Alberta’s oil sands development projects to the Pacific Coast in Kitimat, British Columbia received federal government approval after the markets closed yesterday. There are many hurdles yet to negotiate before Enbridge – the pipeline company proposing the project – can reach a… Keep reading →
The development of Arctic energy resources poses the potential for an energy security competition between the Great Powers and Arctic stakeholders that will alter the geopolitical climate. The hydrocarbon reserves – 25% of world deposits- available under the melting ice caps, and undiscovered oil and gas will see states shifting their economic and foreign policy… Keep reading →