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.
Oil deliveries by rail have increased along with North American crude oil production. In a tit-for-tat season of pipeline and rail incidents, including the recent Quebec train fire, it's becoming clear there are no clear-cut winners for crude oil transit.
A ban on fracking in a northern region of Spain has crimped Repsol SA's plans to begin drilling for shale gas in the north of Spain. Repsol had planned to begin seismic studies, with a view to drilling, in July, but the Cantabrian fracking ban, which prevents all hydraulic fracturing activities within the region’s borders, has put a hold on plans.
Researchers at MIT have developed a technique for creating solar cells that are only two molecules thick. The resulting solar cell can only offer a conversion efficiency of 1 - 2 percent, but by placing multiple cells one on top of the other the overall generation capacity can be far greater than conventional cells.
The US natural gas market is on the verge of a big swing, Forest writes, but it doesn't have to do with liquid natural gas. Instead, there's an interesting and unexpected source of demand for US natural gas.
Hurricane Ivan swept away an oil production platform in the Gulf of Mexico in 2004. Nine years later, it's still leaking oil, although the company behind the project says it has reduced the leak to a trickle.
President Obama unveiled this week a $7 billion plan to improve energy access in Africa over the next five years. The "Africa Power" initiative was announced during President Obama's three country tour of Senegal, South Africa, and Tanzania.
Estimates of shale gas resources in the North of England are double that of previous estimate, according to a new report. Britain’s shale industry is still very young, Burgess writes, and as it has not been determined whether any gas can be economically extracted, it may never actually grow to maturity.
Clean energy will be the second largest global source of electricity by 2016, according to a new report from the International Energy Agency. Only coal will generate more electricity than clean energy within three years, the IEA projects.
We’re not going to be able to transition to a non-fossil-fuel economy overnight, Fen Montaigne, senior editor of Yale Environment 360, said in an interview with OilPrice.com. But if you keep approving tar sands projects, or massive pipelines, or drilling in the Arctic, when does it stop?
Having paid off its federal loan, Tesla Motors could technically put it up for sale, according to a report in Bloomberg. The electric car company might seem a good fit for a deep-pocketed tech giant like Google, but Tesla chief executive Elon Musk has suggested he has no intention of selling the company.