Supply dynamics are changing liquefied natural gas (LNG) markets, especially in the Asia-Pacific region that accounts for two-thirds of global LNG demand. From an era of limited natural gas supply and record high prices exceeding $20 per million British thermal units (MMBtu) due to increased LNG demand from Japan, the world’s top LNG importer, in… Keep reading →
The Assad regime and Hezbollah back Iran’s view of the announced parameters, but most other Arab officials and commentators are openly skeptical. Most analysts have focused on Israeli and American, rather than Arab, reactions to the Iran nuclear framework agreement announced last week. Yet there were significant and highly divergent reactions across the Arab region… Keep reading →
Duke Energy received a delay Tuesday in pleading guilty to environmental crimes by claiming that bureaucratic red tape could result in power being cut-off for military bases across North Carolina. “U.S. District Judge Malcolm Howard approved a one-month delay in Duke’s plea and sentencing hearing for criminal violations of the Clean Water Act, which had… Keep reading →
The Department of Energy and Department of Commerce are teaming up for a joint Presidential Trade Mission to China. We’re bringing you the latest from the trip on Energy.gov and Commerce.gov. As part of this week’s joint trade mission to China, Deputy Secretary of Energy Elizabeth Sherwood-Randall spoke at Microsoft’s Beijing campus. Delivering remarks to… Keep reading →
It is increasingly important for buildings to be energy efficient. So-called “green buildings” can not only lead to more efficient energy use, but can also result in significant cost savings over time. Indeed, green buildings may be more valuable than comparable buildings that are not as energy efficient.
Just a few days shy of five years after the Deepwater Horizon explosion that killed 11 people and spilled nearly 5 million barrels of oil in to the Gulf of Mexico, the Obama administration has proposed safety regulations. The activist group Public Citizen called the long wait “an indictment of our regulatory process,” but U.S.… Keep reading →
Three zeroes stand out in the first annual performance report by the Center for Offshore Safety (COS), the oil and natural gas industry-led initiative to promote continuous offshore safety improvement following the 2010 Macondo incident: Zero fatalities, zero loss-of-well-control incidents and zero oil spills equal to or greater than 10,000 gallons in Gulf of Mexico… Keep reading →
In a state dominated by a coal-centric utility and with no real renewable portfolio standard, Utah is a surprise candidate for a utility-scale solar boomlet. But it’s happening, thanks to SunEdison, big solar’s tiny price tag, the continuing impact of the federal investment tax credit and – here’s the unique Utah twist – an… Keep reading →
Citigroup Inc. recently pledged $100 billion for lending, investing, and facilitating deals related to sustainability, renewable energy, and climate change mitigation. This is yet another sign that global capital markets are enormously interested in delivering capital into clean, renewable sources of energy. But you don’t have to be Citigroup to invest in the clean energy… Keep reading →
The Obama administration announced Monday it plans to tighten regulations for offshore oil rigs, saying the new measures will help prevent oil-well blowouts and minimize environmental damage.”The proposals announced by the Interior Department would substantially overhaul the technical guidelines for drilling on the U.S. continental shelf, adding dozens of new requirements aimed mostly at stopping… Keep reading →
