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 →
Moscow and Beijing have danced around a natural gas supply deal for over a decade, with price being the major sticking point, but the current dust up with Europe over Ukraine could finally open the door to price conciliation. “Conversely, on the Russian side, Gazprom might finally sign a natural gas supply deal with China,… Keep reading →
MarketWatch has compiled a list of hedge funds’ top ten energy stocks as of the end of June. On the list are Anadarko – which yesterday announced the sale of 10% of Mozambique Offshore Area 1 to India’s ONGC for $2.64 bln – as well as Occidental, Hess, and oilfield services firms Schlumberger and Halliburton.… Keep reading →
The popular image of oil derricks place them in sunny locales, in deserts and at sea. But with the search for new oil reserves spreading, the ability to use solar power for enhanced oil recovery faces some elemental challenges.
Southern California, where GlassPoint Solar operates a facility, satisfies the two main requirements for solar thermal enhanced oil recovery –abundant sunlight and heavy oil. But these requirements limit the technology’s application in other areas of the country. Within the US, GlassPoint CEO Rod MacGregor mentioned only West Texas as prospective for solar thermal enhanced oil recovery (EOR) use. Keep reading →
