Production from US shale fields is likely to slow, as low oil prices challenge the economics of unconventional drilling, Nick Cunningham writes. But that doesn't mean oil prices will rebound any time soon.
Low oil prices have left oil mega-producers like Russia and Venezuela reeling, writes Nick Cunningham. Now, Russia's state oil company is giving Venezuela's state oil company a loan to boost production.
India offers a fast-growing market for oil from the Middle East, writes Charles Kennedy. The developing country's growing appetite for crude comes as Chinese demand is slowing.
Booming US oil production in recent years encouraged producers to ship their crude by train, writes Charles Kennedy, but a slump in prices and increased pipeline capacity have made rail transport less appealing.
Saudi Arabia is looking for an economic boost by opening its stock market to foreign direct investment. The OPEC mega-producer, which relies heavily on oil revenue, is weathering a low oil price environment.
Renewables could surpass coal, natural gas, and nuclear as the world's top electricity source in 15 years, according to an IEA report. Still, without bolder emissions cuts, the world is on track to blow past its global warming targets.
Cheap oil is good news for US motorists at the pump, but for North Dakota oil towns a slowdown in drilling is creating new challenges, writes Nick Cunningham
Oil is a major industry in Canada, writes Nick Cunningham, and the low price environment is taking its toll – not only on the oil industry, but also on the country's broader economy.
Russia is a major exporter of energy, writes Andy Tully, but the oil and gas super-producer will soon begin importing power from the Nordic, where the cost of electricity is now very low.
Four years after the Fukushima nuclear disaster, Japan is inching toward restarting its shuttered nuclear reactors. But many in Japan think it's too soon, and others say Japan should abandon nuclear power all together.
At its June meeting, the Organization of Petroleum Exporting Countries decided to maintain crude oil production levels. The group is playing a waiting game, hoping low oil prices help it retain market share and undercut unconventional drilling.
Few expected huge news out of Friday's OPEC meeting, Charles Kennedy writes, but the fact that Indonesia wants back in the powerful oil cartel came as a surprise.
Sanctions on Iran have kept its oil out of the marketplace, writes Nick Cunningham, but that could change if the country reaches a nuclear agreement with the West. What's unclear is how OPEC would accommodate the flood of Iranian crude.
Falling oil prices last year spelled trouble for Russia, which gets half its budget from fossil fuel revenues, writes Andy Tully. But the modest revival in prices over the last few month has made economic forecasts more optimistic.
In coal-loving Kentucky, Obama's climate regulations and the cheap price of natural gas are making the fossil fuel an appealing alternative to coal, writes Andy Tully.
With solar costs falling, oil-poor countries in the Middle East – like Egypt and Jordan – might be able to cash in on their plentiful sun power, writes Darrell Delamaide.
Big investors are confident that fossil fuels will remain a key energy source for years down the road, writes Michael McDonald, and the number of clean energy patents – a proxy for innovation – fell last year.
With the world’s largest coal consumers trying to rid themselves of the dirty fuel, it appears that there is little room to maneuver for coal producers, Cunningham writes. 2015 may be the year in which it all starts to fall apart.
Even Shell officials think that the oil major will not be able to see Arctic oil hit the market until sometime in the 2030s, Cunningham writes.
First developed in the early 19th century, the Stirling engine is regaining favor as a way to squeeze even more power out of the sun's energy.