The US may be at the forefront of the shale revolution, but in a list of countries where above-ground factors are most conducive to oil and gas development, the country lags behind competitors such as Canada and the UK. The Energy Information Administration’s latest report on global shale resources, conducted by Advanced Resources International and… Keep reading →
Bypassing Congress, president outlines ambitious climate agenda Perhaps, like the rest of us, President Obama does most of his reading – and thinking – when he is away from the office on travel. Speaking in Berlin in June following the G8 summit – which may be characterized as a futile annual shindig in search of a… Keep reading →
Hoku Corp just filed for bankruptcy in Pocatello federal court according to reports in the Idaho State Journal. Hoku started out as a fuel cell membrane and materials company, went public in 2005 on little revenue, and then pivoted to becoming a solar polysilicon manufacturer. The company also tried its hand at solar installation… Keep reading →
By Sri Jegarajah Benchmark oil prices are set to start the third-quarter on a positive note, reflecting expectations of better US data with ISM manufacturing and Friday’s closely-watched June jobs report amongst the highlights, though further evidence of a slowdown in China may limit gains, according to CNBC’s latest survey of oil market sentiment. Oil bulls… Keep reading →
Jennifer Lopez performed in Turkmenistan over the weekend at the request of a major Chinese state-owned oil company, only to be dismayed when she – or her handlers – discovered Turkmenistan’s less-than-stellar human rights record. China National Petroleum Corporation – parent of listed subsidiary Petro China – reportedly requested Lopez sing “Happy Brithday” to Turkmen… Keep reading →
“China’s chance of meeting its 2015 shale gas target is zero.” China is reconsidering its most recent Five-Year Plan’s target for natural gas because of the challenges in developing shale gas resources, according to a China energy sector source. “There are just too many risks and no experience for developers to copy,” explained Junda Lin,… Keep reading →
Renewables are making large gains globally, but if they are to continue grabbing market share from fossil fuels, they will require reliable policy backing, according to International Energy Agency Executive Director Maria Van Der Hoeven. The IEA’s 2013 Medium-Term Renewable Energy Market Report maintains a positive outlook for growth in renewables worldwide. “Despite a difficult economic… Keep reading →
The North American gas shale revolution’s medium-term impact on global markets will be realized through exports of the fuel itself, rather than the technology to access it, according to International Energy Agency Executive Director Maria Van Der Hoeven. “The unconventional gas revolution in the US will impact gas markets over the medium term more by… Keep reading →
Speakers at the Energy Information Administration Conference in Washington, DC this week addressed three critical questions raised by the prospect of US LNG exports: how much US gas will the global market take, what impact will US exports have on global prices, and will development of unconventional gas outside of North America have a dampening… Keep reading →
China has enacted new measures to improve air quality, including a mandate that heavy polluters, such as coal-fired power plants, reduce emissions by 30% per unit of economic output by the end of 2017, and publicly release environmental information. Certainly seems like a step in the right direction for a country whose capital city’s pollution… Keep reading →
