ExxonMobil

Yukos Oil and Gas Company

Russian national oil company Rosneft is expanding development at its Vankor field in Eastern Siberia and recently announced its beginning construction of a pipeline that will link a satellite field – Suzun – to the Vankor complex. “According to geologic data form January 2014, reserves of oil and condensate of the Suzun field total over… Keep reading →

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

Saudi Arabia Can’t Stop U.S. Fracking Boom National Journal: World oil producers have put oil prices into a free fall, refusing to pare back global supplies in the hopes that low prices will derail the fracking-backed production boom in the U.S. and preserve OPEC’s power over world energy markets. But global analysts are skeptical that the… Keep reading →

An oil drilling rig is seen September 29

Aubrey McClendon built a reputation for bucking industry views while he built Chesapeake Energy into one of the largest US natural gas producers by volume and helped pioneer the country’s unconventional resource revolution led by independent producers. McClendon also gained a reputation for bleeding shareholder cash as Chesapeake amassed a huge debt load before his… Keep reading →

Spindletop Oil Well Centennial

Many were praising the wisdom of the vertically integrated oil company business model pioneered by John D. Rockefeller Sr. when ExxonMobil and Chevron today posted higher than expected third quarter earnings that were buoyed by their downstream operations. Oil price decreases weighed on upstream performance, which is typically where these companies generate most of their… Keep reading →

Central Utah Anchors State's Coal Mining Industry

Scientists using satellite data discovered a major source of methane emissions in the Four Corners region of the US Southwest that comprises Arizona, Utah, New Mexico and Colorado. The methane appears to be coming from coal-bed methane mining operations. “The hotspot, which predates the current hydraulic fracturing, or fracking, boom in the region, is over… Keep reading →

Northern Lights Glow Over Alaskan Pipeline

Alaska and the oil companies developing the Prudhoe Bay and Point Thompson resources located on the remote North Slope are sitting on a lot of gas that can be used by Alaskan consumers and exported if the stakeholders can work through a maze of financial and technical considerations. With a cost estimated between $45 and… Keep reading →

Deadline Approaches For Grangemouth Dispute

This week is shaping up to be rough for the US coal industry. The EPA is holding hearings on plans to dramatically cut carbon-dioxide emissions released from US power plants and the Obama administration just published a report on the economic consequences of waiting to act on climate change. It’s enough to make one wonder… Keep reading →

Yukos Oil and Gas Company

The latest round of economic sanctions against Russia enacted by the US and European Union are designed to blunt Russia’s ability to tap western technology and expertise needed to develop complex oil deposits and shale resources. “The biggest edge that Western energy companies still have is their technological edge — that’s why these sanctions have… Keep reading →

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 →

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