Fuel Subsidies

IEA Executive Director Denounces Subsidy-fueled ‘Wasteful Consumption’

By Roman Kilisek

UAE 2013 111

Maria van der Hoeven, Executive Director of the International Energy Agency (IEA) spoke last week at the two-day Energy Information Administration (EIA) conference in Washington, D.C. expressing her view – as reported by Jennifer A. Dlouhy for fuelfix.com – that “ending ‘wasteful fossil fuel subsidies’, which may encourage overconsumption of oil and gas, particularly in… Keep reading →

 /  Published July 21, 2014 at 12:00 PM

Energy News Roundup: The Next Bakken Might be in Siberia

By

Yukos Oil and Gas Company

There may be a shale oil deposit in Russia’s Siberian region larger than the Bakken. Exxon Mobil is investigating and oil service firms are “shipping equipment, technology and drilling crews from the Bakken and the Eagle Ford in Texas to Siberia, in what is becoming a full-scale west-east technology transfer.” [Financial Times] The Sudanese government… Keep reading →

 /  Published September 26, 2013 at 8:30 AM