The 525,000 barrel per day pipeline designed to transport diluted bitumen from Northern Alberta’s oil sands development projects to the Pacific Coast in Kitimat, British Columbia received federal government approval after the markets closed yesterday. There are many hurdles yet to negotiate before Enbridge – the pipeline company proposing the project – can reach a… Keep reading →
At the end of May, Deputy Energy Secretary Daniel Poneman visited Argentina, a country where new technologies are making it possible to tap some of the largest shale gas and oil reserves in the world. Indeed, Argentina may have the second and fourth largest shale-based gas (800 trillion cubic feet) and oil (27 billion barrels)… Keep reading →
Yesterday the 37th annual International Association for Energy Economics International Conference kicked off in New York. Renewable energy is not only a hot topic in the media but also a frequent topic of discussion among experts at this year’s highly interesting sessions. Issues addressed range from impacts of steadily rising shares of renewables on the… Keep reading →
On June 2, the U.S. Environmental Protection Agency made a historic announcement that will change how we make, move and use electricity for generations to come. For the first time in history, the government proposed limits on the amount of carbon pollution American fossil-fueled power plants are allowed to spew into the atmosphere. We’re already seeing pushback… Keep reading →
Cities have taken an active role in promoting entrepreneurship through incubators and other programs, with New York City even more active than most. New York Energy Week itself is to some degree a child of the NYU-Poly incubator called NYC ACRE in downtown New York where the event series’ creators – EnerKnol – are located.… Keep reading →
This summer, the Mexican Congress is finally expected to approve the secondary legislation tied to Mexico’s energy reform. Prior to the announcement of energy sector reforms, Mexico was characterized by a very closed oil sector regime alongside a rudimentary electricity sector. While most industry observers focus their attention on the oil sector – conceiving Mexico’s… Keep reading →
BP Says Oil Price at its Most Stable Since Early 1970s FT.com – Despite jitters over Iraq, the price of oil is at its most stable since the early 1970s, as a huge increase in US oil production offsets massive disruptions to supply from places such as Libya, according to BP. Christof Rühl, group chief… Keep reading →
Renewable energy sources grew significantly last year according to the BP Statistical Review of World Energy 2014, a widely-accepted energy data source, but coal use plugged along with global coal consumption as a share of total global energy consumption at its highest level since 1970. “Demand from renewable energy sources, including wind and solar, rose… Keep reading →
TOKYO, Japan – U.S. Deputy Secretary of Energy Daniel Poneman and Japan’s Deputy Minister for Foreign Affairs Shinsuke Sugiyama co-chaired the third meeting of the U.S.-Japan Bilateral Commission on Civil Nuclear Cooperation in Tokyo, Japan, last week. The meeting included participants from a wide range of U.S. government agencies, including the Departments of Energy, State,… Keep reading →
While the domestic economic impacts associated with exporting US crude oil continue to be debated, other parts of the world analyze various ways in which increased US oil and gas exports could impact global, regional and local economies. Experts discussed this issue this morning in New York at the 37th annual International Association for Energy… Keep reading →
