Major oil and gas companies have an opportunity to lead the global fight against climate change, according to Christiana Figueres, the United Nations' climate change chief. Traditional energy firms say they are already cutting emissions, but Ms. Figueres offered both environmental and economic reasons for doing more.
Secretary of State John Kerry reaffirmed support Wednesday for a more diverse European energy supply as a response to Russia over the Ukraine crisis. Some have called for the US to wield its own 'energy weapon,' but the Obama administration has focused more on European solutions.
Russia is raising the price it charges Ukraine for its natural gas, and the interim Ukrainian government is upping the price of its own subsidized, domestic gas. Higher energy costs will hit Ukraine's economy hard during a delicate transition, but it could prove valuable further down the road.
Warming climates and rising incomes will lead to a surge in cooling-related energy use, according to the latest report by the Intergovernmental Panel on Climate Change. It's one of several ways global warming is set to alter global energy supply and demand.
Diversifying European oil and gas imports is no small task, but if Moscow’s Crimean incursion leads to a tit-for-tat escalation in energy sanctions, Russia faces a far more difficult time quickly finding new customers than Europe does finding new suppliers.
No, but Tesla Motors Model S gets new armor. The automaker passed a federal investigation into Model S battery fires that started when road debris struck the electric cars' underbodies. Plates will be added to further protect Tesla Motors Model S battery packs.
President Obama and European leaders warned Tuesday of broader economic sanctions on sectors like energy, finance, and arms sales should Russia escalate a delicate situation in Ukraine. Heightened warnings suggest Western leaders are more willing to counter Russia's 'natural gas weapon' with a weapon of their own.
The US Energy Department conditionally approved its seventh liquefied natural gas export terminal Monday. The authorization comes as President Obama visits Europe to discuss European energy security and the continent's response to Russia's Crimea annexation.
Galveston oil spill released heavy sticky oil into Galveston Bay Saturday, shutting down a major shipping route and creating a large oil slick. The safety record of oil tankers has improved dramatically over recent decades. Does Galveston oil spill highlight risks of increased tanker traffic?
Russian President Vladimir Putin signed a bill Friday officially incorporating Crimea as part of Russia. Moscow's Crimea annexation is a double whammy against Ukrainian energy security – blocking Kiev's access to Black Sea oil and gas while extending Mr. Putin's energy dominance in Europe.
In the latest round of sanctions against Russia for its annexation of Crimea, President Obama blocked an additional 20 prominent Russians from visiting or doing business with the US. But Thursday's list largely avoids targeting a major source of Russia's revenue and influence: energy.
Crimean and Russian leaders signed an agreement Tuesday, annexing the Ukrainian peninsula as part of Russia. Meanwhile, Vice President Joe Biden promoted European energy security in Poland and Lithuania, but stopped short of aggressive US oil and gas intervention as a way to counter Russia.
Crimeans voted overwhelmingly to secede from Ukraine in a controversial referendum Sunday, but the peninsula is largely dependent on Ukraine for its power and natural gas. Moscow might be willing to change that, if it means access to the Black Sea's significant oil and gas resources.
Ukraine's dependence on Russia for natural gas has long created friction between the two countries. The US could offer Ukraine and Europe an alternative supply, but exporting oil and gas has proved technically and politically difficult in a country scarred by energy shortages of its own.
Ukraine crisis escalates as Russian and Ukrainian troops mobilize for a possible war in Crimea. The US and EU threaten sanctions as Russia uses its natural gas dominance as leverage over Ukraine and the West.
A surge in US oil and natural gas production has lifted hopes about North American energy security, but that growth will plateau and will be difficult to replicate elsewhere, says Maria van der Hoeven, chief executive of the International Energy Agency, in an interview with the Monitor.
Tesla Motors gigafactory will produce more lithium-ion batteries per year by 2020 than all that were built globally last year, according to the company. The $5 billion plan for a Tesla Motors gigafactory is a big bet on an evolving energy technology that is vital to the carmaker's future.
The Keystone XL pipeline suffered a legal setback Wednesday when a state court voided the Nebraska governor's approval of the project. After more than five years of review, the fate of the Keystone XL pipeline still hangs in the balance.
The 'Three Amigos' at Wednesday's North American Leaders Summit Meeting will have a lot to talk about when it comes to energy. The region is in the middle of an oil and gas boom, and analysts say better cooperation between the three NAFTA countries on energy could help grow their economies.