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Why Iran's Economy Might Not Get A Big Break From Sanctions
Tuesday, February 4, 2014 11:42 AM EDT
Apart from an eventual recovery for its oil sector, Iran's nuclear posture may help address long-term economic woes. Or it may be a bitter case of irony.
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Getting Around The US Crude Export Ban
Tuesday, February 4, 2014 9:14 AM EDT
Those who seek to get around the ban on most US crude exports that has been in place for four decades are reportedly eyeing the potential to export petroleum byproducts, or condensates, instead.
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Hess To Invest $5.8bn In Oil & Gas Development
Monday, February 3, 2014 6:39 PM EDT
US-based Hess Corporation (HES) has unveiled a $5.8 billion exploration and production budget for this year, with a focus on unconventional shale resources and big drilling plans in Africa.
In this article: HES
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Keystone XL Passes Another Huge Hurdle
Monday, February 3, 2014 3:54 PM EDT
TransCanada applied years ago for a permit to build the Keystone XL pipeline across the US to link Canada’s tar sands in Alberta with refineries along the coast of Texas and Louisiana. A new study shows that the environmental impact of the Keystone pipeline would be minimal, removing a major hurdle; only one more remains.
In this article: TRP
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North Dakota Flares $100m Of Natural Gas A Month
Monday, February 3, 2014 12:54 PM EDT
Think Progress reports that an estimated $100 million worth of natural gas is flared in North Dakota every month, depriving the US economy of a huge source of revenue, and also releasing vast amounts of carbon emissions into the atmosphere. The NDPC plans to tackle the problem.
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New Process Recycles Old Plastics Into Usable Liquid Fuels
Monday, February 3, 2014 7:17 AM EDT
Researchers in India have developed a process that can turn old low-density polyethylene (the most common form of plastic waste) into usable liquid fuels.
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Why Europe Won't See Canadian Crude Anytime Soon
Sunday, February 2, 2014 12:08 PM EDT
Canada said it wants to expand its export market, but overseas obstacles and national trade policies could keep much of its crude out of Europe.
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The Ten Reasons Why Intermittency Is A Problem For Renewable Energy
Sunday, February 2, 2014 9:17 AM EDT
Intermittent renewables–wind and solar photovoltaic panels–have been hailed as an answer to all our energy problems. Unfortunately, the more I look into the situation, the less intermittent renewables have to offer.
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The Weirdest Mining M&A Partner I've Seen
Friday, January 31, 2014 10:22 AM EDT
Why would China National Arts & Crafts Corporation, an arts and crafts company, be buying Aquarius Platinum's Blue Ridge platinum project for a total $37 million in cash?
In this article: AQPBF, AQPTY
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Bill Gates Backs Renewable Battery Startup
Thursday, January 30, 2014 11:54 PM EDT
Bill Gates did not become the world’s richest man by making foolish investments.
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Shell Cancels Arctic Drilling Campaign Amid Declining Profitability
Thursday, January 30, 2014 9:51 PM EDT
Royal Dutch Shell reported a surprising 71% decline in net-profit in the fourth quarter. The company cited risings costs for exploration, higher depreciation, flagging production, and weak downstream conditions.
In this article: XOM
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London Plans To Use Heat From The Underground To Keep Homes Warm
Thursday, January 30, 2014 5:24 PM EDT
The London underground is generally a hot and uncomfortable place, warmed by the thousands of commuters, lights, trains, and other such sources of heat. A new scheme plans to put this waste heat to good use by extracting it and heating local homes in order to cut their energy bills.
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OPEC Preaches Stability While Making Unstable Bets
Thursday, January 30, 2014 7:33 AM EDT
All three member states could be on the verge of a revival and the OPEC boss says accommodations could be made when they return. Emerging trends, however, suggest his anticipation may be premature.
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Tesla Completes Coast-to-Coast Section Of Free Supercharger Network
Wednesday, January 29, 2014 10:16 PM EDT
Tesla’s drive to dominate the world of Electric Vehicles, beginning with the US market, has passed a new milestone after CEO Elon Musk lannounced the company has completed the coast-to-coast section of the free Supercharger network.
In this article: TSLA
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Where Is US Foreign Policy These Days?
Wednesday, January 29, 2014 1:52 PM EDT
There is a remarkable absence of a comprehensive US foreign policy in the Middle East with the Obama administration missing the beat on just about every major event in the region.
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Cambridge University Study Calls For Increased Taxation Of Fracking Companies
Wednesday, January 29, 2014 9:16 AM EDT
A new study has suggested that any companies attempting to frack for shale gas in the UK should be forced to pay £6 billion a year by the mid 2020’s in extra taxes to compensate for the damage to the environment.
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