Declining moose populations across North America alarm scientists and lack a definitive cause, but climate change appears to play a role. [New York Times] What do you get for $50 billion? In Kazakhstan it buys a problematic oil field. The giant, long-overdue and over-budget Kashagan field halted output due to a gas leak. This is… Keep reading →
The Saudis are pumping oil near 32-year highs – north of 10 million barrels per day – and much short-term non-Opec supply growth is expected from Brazil where technically-challenging, deepwater, subsalt projects could experience delays, investment bank Simmons & Co. said in a recent note analyzing Oct’13 IEA Oil Market Report data. “For the time… Keep reading →
The American Petroleum Institute put the below map together, showing the locations of the 21 proposed US LNG export plants, including the 4 that have received DOE approval for exports to non-free trade agreement nations. Each location on the map includes “a summary of anticipated capital investments, jobs, and export volumes associated with each U.S.… Keep reading →
The utility business model is changing from one of large, centralized generators that own and run entire power systems – from plants, to transmission, to distribution – to one involving more distributed generation and more players offering innovative products, services, and most importantly, customer savings. But crafting the right policies and regulations will be cornerstones… 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 40th anniversary of the Arab oil embargo against states that supported Israel during the Yom Kippur War is an appropriate occasion to evaluate the state of the international oil market. The embargo started on October 16th, 1973. The global petroleum system was irrevocably altered by the embargo and the global oil business forever transformed… Keep reading →
The US is the envy of the rest of the world when it comes to energy these days. This is what Robert Bryce, Senior Fellow with the Manhattan Institute’s Center for Energy Policy and the Environment told the audience during his opening remarks at the American Oil and Gas Renaissance conference held last week in… Keep reading →
With long development timelines, it’s not apparent yet in new installation capacity, but there was another strong signal on Monday that the wind power manufacturing supply chain is coming back in the United States. The question is if the growth will be sustained. First the news: Big turbine blade manufacturer LM Wind Power put out… Keep reading →
Water wars in the western US and around the world are predicted with increasing frequency as climate fears grow, debilitating droughts persist and human population growth climbs steadily higher. Concerns about fresh water supplies coming under pressure and the increasing cost of supplying fresh water to people, crops and livestock seem to grow more urgent… Keep reading →
Activists across the world rally to support 30 Greenpeace protesters detained in Russia after sailing toward a Barents Sea oil drilling operation. The incident blew up into a geopolitical game of chicken between Moscow and several Western countries native to the jailed activists. [Agence France Presse] Energy Intelligence ranked the world’s top 100 greenest utilities… Keep reading →
