The Brent-WTI spread narrowed further yesterday, with the price differential currently around $6/bbl, as Libya continues to shake up the international oil market. “Libya, the holder of Africa’s biggest crude reserves, has become the smallest producer in the 12-member Organization of Petroleum Exporting Countries after protests halted production and shipments. Output shrank to 250,000 barrels… Keep reading →
For the past six weeks, students in Tennessee have been in front of computers modeling 3D designs and in workshops building robots. Their goal? To win the FIRST Robotics competition and along the way, show the world what’s possible with the next generation of manufacturing. The FIRST robotics competition challenges high school students to design,… Keep reading →
Thousands of clean energy conferences are held every year across the United States. A quick Google search revealed over 1.5 million results for 2014 alone. That’s why, starting this month, in an effort to save our readers time, the Energy Exchange will be endeavoring to round up a monthly list of some of the top… Keep reading →
The giant Kashagan oil field development project offshore Kazakhstan’s territorial Caspian Sea will be shut down for at least two more years, according to Quartz. Already woefully overdue and over budget, the project being developed by a consortium that includes some of the world’s largest international oil companies must now construct new pipelines that… Keep reading →
No you can’t deposit your money in a bank powered solely by wind and solar – well, maybe you can – but that’s not what the New York Green Bank (NY Green Bank) is about. This bank manages a pool of state money designated to help finance private sector renewable energy, energy efficiency and other… Keep reading →
A competitive marketplace is the sowing field for innovation and investment. Look no further than the advanced hydraulic fracturing and horizontal drilling that launched America’s ongoing shale energy revolution. Shale development features cutting-edge technology to increase output and efficiency and to make operations as safe and clean as possible. An example of this can be… Keep reading →
Russia’s Gazprom twice increased natural gas prices charged to its Ukrainian counterpart last week. The initial increase was largely expected, as it represented the removal of a discount offered in conjunction with financial assistance – ie loans – from the Russian government. However, after violent protests led Ukraine’s Russian-leaning president to leave office, Russia rescinded… Keep reading →
After a long, cold winter, Spring has finally sprung. As flowers begin to bloom and trees sprout new leaves, we are finally seeing evidence of the changing season across most of the country. For a large majority of homeowners, that means it’s time to start thinking about landscaping projects. A well-designed landscape not only adds beauty to… Keep reading →
On Friday, March 28, 2014, the White House unveiled its comprehensive, interagency strategy to reduce methane emissions as part of President Obama’s Climate Action Plan introduced last summer. The President’s Climate Action Plan proposed three key pillars upon which strategies would be developed for cutting pollution that is believed to cause climate change and damage… Keep reading →
After a handful of false starts and accidents, Shell’s multi-billion dollar bet on offshore Alaskan oil and gas exploration was put on hold for 2014. And now a Coast Guard report claims the oil major prioritized financial interests over safety with its fateful decision to tow a drilling rig to Seattle for repairs on New Year’s… Keep reading →
