Iran hopes to bring an additional 1 million barrels of oil per day back online in the coming months if a deal can be signed, a volume that would crush oil prices.
Getting a handle on the Fukushima disaster recovery, let alone permanently cleaning up the site, has been extraordinarily difficult. The problem is the daily flood of rainwater that flows downhill towards the sea, rushing into the mangled radioactive site.
Installed capacity of energy storage is expected to more than triple over the next five years, according to a new report.
Algeria is in talks with other oil producing countries in an effort to reverse the nearly nine-month plunge in oil prices that have take a toll on major energy exporters.
US crude oil output may fall by half this year, according to a projection by the oil cartel OPEC. That goes against what many predict will be a slowdown in production growth – but not an overall drop.
A domestic oil glut helped bring US crude prices inline with the global benchmark. But in the last month or so, the spread between the two has widened again.
Spurred on by high oil prices and an unreliable grid, Nicaragua attracted $1.5 billion in renewable energy investement between 2006 and 2012. Now it gets about half of its electricity from renewable sources.
China’s decision to build nuclear reactors in Pakistan has received criticism for defying international norms on nuclear technologies trade.
While a truly viable and scalable solution to fracking wastewater is not yet at hand, there are several contenders that suggest a breakthrough is just around the corner, writes Colin Chilcoat.
The United Kingdom aims to block the purchase of North Sea oil and gas assets by Mikhail Fridman and his Luxembourg-based LetterOne investment vehicle. The UK is concerned Mr. Fridman may fall under Western sanctions and slow production in the North Sea.
US funding for energy research development and demonstration is detrimentally modest, according to a new report. Here's how the US spends the roughly $5 billion it allocates to energy research each year.
There's a chance that the recent rebound in oil prices is only temporary. Several trends are conspiring to force oil prices down for a second time.
Some OPEC members, concerned about the economic impact of low oil prices, say the cartel may have to call an emergency meeting sooner rather than later. But Saudi Arabia, the most influential member, is likely to veto such an idea.
Opposition to hydraulic fracturing has been very strong in Germany, but the government is flirting with the idea of allowing oil and gas drillers to begin fracking as an answer to energy security issues.
Analyzing the short-term trajectory of oil prices is certainly important, Cunningham writes, but it obscures the fact that over the long-term, oil exploration companies may struggle to bring new sources of supply online.
The spiral of violence in Libya shows no indication of letting up, suggesting things could get much worse before they get better. That lowers the chances that Libya will be able to turn its oil fortunes around.
Japanese engineers have designed a snake-like robot to help inspect the damaged Fukushima Daiichi nuclear plant. The robot will help gather information in preparation of removing the building's radioactive rubble.
With about one-third of European gas coming from Russia – and Eastern Europe’s share is easily double that percentage – the Continent is looking inward to boost its energy security.
Banks financed much of the US oil boom and are now faced with significant challenges as drillers run short of cash. Major, multinational banks are relatively insulated from any shocks, but smaller, regional banks – especially in Texas and North Dakota – are facing a much bigger problem.