Al Qaeda threat has closed down US embassies in the Middle East this week. Details of the Al Qaeda threat made little reference to the energy sector, but past attacks in the region suggests oil is an emerging target for terrorists.
With energy as its motor and the EU as its guide, Ukraine appears to finally be poised to break with a history of domination from the East, Belinksi writes.
TransCanada, a Canadian energy company said Thursday it was moving forward with plans to build a 2,740-mile pipeline that would transit between 500,000 and 850,000 barrels of oil per day (bpd) from western to eastern Canada. Oil arriving through the Energy East Pipeline would feed refineries in Quebec and New Brunswick that at present get 86 per cent of their crude supply from the international market at much higher prices than they would pay for crude from Alberta.
The Samet Island oil spill has spread to nearby islands in Thailand, officials said Wednesday. Officials race to cleanup the oil washed up on Samet Island, a popular tourist destination in Thailand, after 13,200 gallons of oil was spilled into the sea from a pipeline.
India, following in China’s lead, has been investigating the possibilities of African oil production, but its rising imports from west Africa have been threatened by the age-old scourge of piracy.
The Canadian town of Fort McMurray is booming largely thanks to the nearby oil sands industry. Now the town needs more housing and infrastructure and has nowhere to put it, so its taking back the land it has leased to oil companies.
The Quebec train crash has sparked a flurry of emergency directives to increase railway safety, but there is no sign of shipments of oil by rail slowing as a result, Burgess writes. Indeed, the oil-by-rail industry is set to grow despite the catastrophic derailment, and amid a criminal investigation that has resulted in a raid on the offices of the train’s operator.
Republicans in Alaska have long argued that only a massive tax break would give oil companies the certainty necessary to ramp up production to bolster the state economy, but citizens backed by Democrats feel this was a simple giveaway of the state’s oil wealth and that they won’t see much in return.
A Gulf rig fire off the coast of Louisiana underscores the dangers of offshore natural gas and oil drilling. Though no sheen was reported during initial surveys after the Gulf rig fire, federal officials said it was time the industry address safety issues in offshore natural gas and oil projects.
There is mounting evidence that fracking can cause seismic temblors thousands of miles from the site, King writes. The fracking is not the culprit but rather the disposal of the brine used to do it.
While the poles are shifting away from the Middle East in terms of oil production, global economic concerns and conditions remained anchored solidly to the region, Graeber writes.
New drilling technologies have contributed to exponential production gains for onshore oil and natural gas in the United States. The Gulf of Mexico is still giving up substantial amounts of oil, but some companies seem to be betting the biggest bonanza will be onshore.
A 430-mile-long pipeline from North Dakota to Alberta was approved by the US State Department Wednesday. The so-called Vantage Pipeline, not to be confused with Keystone XL, will mark the first time that liquids from North Dakota's reservoirs will flow into existing Albertan infrastructure.
New safety regulations are clearing the way for a return to nuclear power in Japan, two years after an earthquake and tsunami caused a meltdown at the Fukushima Daiichi nuclear power plant.
Tesla Motors CEO Elon Musk is throwing his weight behind a 'Hyperloop' network of pneumatic tubes that could transport travelers at high speeds along a magnetic-levitation track. The 'Hyperloop' could take someone from New York to Los Angeles in 45 minutes and New York to Beijing in just 2 hours, according to the Tesla CEO.
Gas prices rose 4 percent in the US this week, according to AAA. Despite a boom in North American oil production, gas prices won't be approaching $2 anytime soon.
The nuclear power plant at Fukushima has been leaking contaminated water into the ocean for the two years since the accident that saw three of the plants six reactors suffer a meltdown, according to the head of the Nuclear Regulation Authority in Japan.
The Lac-Megantic train crash, among other recent oil mishaps, is making it difficult for Canada to put a good face on their oil resources. Canadian Prime Minister Stephen Harper said parts of Quebec look like a 'war zone' following last weekend's Lac-Megantic train crash.
Russia has announced plans to build a floating nuclear power plant by 2016.
US and Canadian regulators have been warning for years that the type of rail car involved in the fatal derailment and explosion in Quebec is far more prone to rupturing in accidents than other models available.