Large oil and gas companies are some of the most active investors in the cleantech space, using new technologies to improve operational efficiency, according to research and advisory firm the Cleantech Group. Cleantech start-ups and oil and gas producers would not appear at first glance to be a good fit for fruitful corporate partnerships. The… Keep reading →
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We will never sell or share your information without your consent. See our privacy policy.Although the US does not yet export crude oil or LNG from the lower 48, the oil and gas production boom that exploded onto the scene in the past few years is having knock-on effects in other countries. So which ones benefit and which are getting left behind? Industry experts discussed the geopolitical implications associated… Keep reading →
The Sierra Club’s campaign against coal-fired power in the US reached a major milestone with the announcement that the Brayton Point Power Station in Massachusetts would retire by 2017, which marked 150 coal plants that announced plans to retire since 2010. Several celebrities joined the cause, including Elle Macpherson, Edward James Olmos and Ian Somerhalder.… Keep reading →
The United States is expected to produce more hydrocarbons – oil, natural gas, and liquids (such as condensates) – than any other country in the world this year, according to the US Energy Information Administration. The EIA published an article last Friday on US hydrocarbon production growth, comparing it to that of global oil and… Keep reading →
Billionaire hedge fund manager Tom Steyer and his political action committee have taken to the airwaves attempting to urge president Obama to reject the Keystone XL pipeline. The situation was detailed in a recent New Yorker article and you can read Breaking Energy’s view of the issue here. And here is US Senator Jon Tester’s… Keep reading →
TransCanada’s proposed Energy East pipeline could provide Canada with an outlet for Alberta’s oil sands that sidesteps political opposition obstructing competing projects heading south and west. But with the shift in oil demand growth from the Atlantic Basin to the Pacific, moving oil east may be a second-best solution. TransCanada’s Keystone XL and Enbridge’s Northern… Keep reading →
Expect the promised benefits of natural gas to really begin hitting the North American economy in the second half of this decade, said Chevron Vice President of Supply and Trading Greg Vesey at the North American Gas Forum in Washington, DC this week. It will take two to three years to complete construction of manufacturing… Keep reading →