We guess that means Mrs. Claus would also be Canadian if the North Pole is included in the country’s Arctic claim. “Canada will still meet a Dec. 6 deadline for filing an application to the United Nations to extend its northern sea boundary, according to the daily Globe and Mail. But it now also plans… Keep reading →
The US EPA and DOE released their updated list of most fuel efficient cars on the market in 2014. The all electric Chevy Spark, Honda Fit and Fiat 500e top the list. [Clean Technica] Geopolitical tension in the Middle East has been ratcheting up, first with last month’s Iranian embassy bombing in Beirut and now… Keep reading →
Amid much hype and excitement, international oil companies that had been chomping at the bit for years to get into Iraq finally got their chance in 2009 when the country hosted its first post-Saddam Hussain oil field development bid rounds. After much confusion and a generally failed first bid round, the second resulted in several… Keep reading →
ExxonMobil is the one of the world’s largest energy companies. But while the firm identifies its two primary priorities as producing energy and “reducing our emissions profile while we do it” – according to vice-president of government affairs Ken Cohen – energy, in this case, refers almost exclusively to oil and gas. ExxonMobil does have… Keep reading →
The oil production targets agreed to in Iraq’s service contracts with international oil companies in 2009 were unrealistic from the start for technical and political reasons, and it now appears output thresholds at several of the country’s largest fields will be scaled back. [Wall Street Journal] A small bankrupt energy company is seeking to force… Keep reading →
It’s just one energy sector watcher weighing in, but Lux Research does have pretty good credentials, so we’ll run with it, leading with their headline: “Solar to Become Competitive with Natural Gas by 2025.” So says the Boston-based consultancy in an eyebrow-raising analysis that adopts the view that, for now, cheap natural gas can be a… Keep reading →
In a rare move, the UK government has come out in defense of BP regarding the US EPA’s decision to suspend the company from new government contracts. Members of the UK government filed a midnight brief on Monday saying the EPA’s decision could negatively impact jobs and pension funds invested in the UK super major.… Keep reading →
Amid all the uproar over the US’s surprising oil production growth of the last few years, some oil market watchers may have inflated expectations of just how well-supplied the market is. US onshore oil supply growth has helped to boost global oil market supply, helping to insulate prices from the impact of disruptions, such as… Keep reading →
Chevron is restarting a shale drilling campaign in Romania, which has met resistance from the local population. As many as 300 riot police are patrolling the site. [Natural Gas Europe] Platts’ Brian Scheid has written an interesting piece on the Department of Energy’s latest LNG export approval, for an additional 0.4 billion cubic feet per… Keep reading →
Opinion: Arctic Powers Canada and US Need Arctic Thinkers
By Joël Plouffe and Simon Sylvester-ChaudhuriOnce again, all eyes will turn to the Arctic this week as Canada sets to file its UN claim over an extended continental shelf in the Arctic Ocean. As a signatory to the UN Convention on the Law of the Sea (UNCLOS) in 2003, in order to obtain exclusive rights over the upcoming claim to… Keep reading →