Hillary Clinton received a lot of criticism since it was revealed this week that she had never used an official State Department email account while she was Secretary of State, she instead used a private email account maintained by a contractor. Green groups such as 350.org and Friends of the Earth have expressed dismay that… Keep reading →
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 →
A Freedom of Information Request unveiled emails between New England government leadership and several energy companies regarding various power and gas infrastructure projects that have some questioning the extent to which certain aspects of the negotiations and decision making were kept from the public. “Regional plans for a pair of multibillion-dollar energy projects have advanced… Keep reading →
The launch of President Obama’s Power Africa campaign in mid-2013 pushed major generation projects back to the forefront of electricity planning in Africa, signalling for some a return to the era of the dramatic gesture, the big solution to a big problem. But, while this and other similar projects grab the headlines, CITAC argues that… Keep reading →
The Nigerian National Petroleum Corporation – NNPC – allegedly withheld $49.8 billion of oil revenue from the Nigerian government and recently sought to explain what happened to $10.8 billion of that sum. Corruption has long plagued the Nigerian oil industry and the country ranked 144th out of 177 nations analyzed in Transparency International’s 2013 Corruption… Keep reading →
No doubt the Energy and Utilities industry has witnessed increasing complexity and significant challenges in recent years, centering around compliance issues, competitive pricing pressures, and business continuity. These issues, amongst others, will remain the focus for Board and Management’s corporate strategy and 2014 planning meetings around the world. Looking back on year 2013, and ahead… Keep reading →
There are plenty of money-making opportunities from reducing energy use that go above and beyond implicit savings, but the market for energy reduction assets is opaque, and financing opportunities for smaller-scale projects are few and far between. Energy efficiency financing and insurance firm Joule Assets has introduced new services designed to grow that market, by… Keep reading →
Today, the future of America’s energy policy seems to have been put on the back burner. Yet energy issues are directly tied to the economic future and security of the U.S., and it is important that the American people fully understand the impacts and costs associated with implementing sound energy policy. Among the challenges in… Keep reading →
As high-profile solar companies are liquidating, declaring bankruptcy, exiting the market, or being acquired by larger companies, solar project stakeholders are focusing more heavily on assessing the degree of financial risk or “bankability” of a solar energy component provider before choosing them for a project. This applies to anything from the module manufacturer to the… Keep reading →
Moody’s Investors Service lowered its outlook for Russian state-controlled oil giant Rosneft due to a “significant increase” in the company’s leverage and risks associated with the integration of the newly- acquired TNK-BP International Ltd. Although Moody’s put a negative outlook on the company, they left Rosneft’s credit rating unchanged, due to close Kremlin support and… Keep reading →
