One out of ten barrels of the global oil supply now comes from the United States, according to the US Energy Information Administration. Most of that oil production came from the Eagle Ford and Bakken Shale plays in Texas and North Dakota, respectively.
Oil supermajor BP took its first step Wednesday toward returning to offshore oil drilling in the Gulf of Mexico after a drilling moratorium put in place following the 2010 BP Gulf of Mexico oil spill. Four years after that tragedy, officials say the region is still a centerpiece of the US energy portfolio.
Russia's intervention in Crimea could provide more impetus to invest in Ukraine's shale gas resources, according to Robert Bensh, a Kiev-based energy expert with 13 years of experience in Ukraine's energy industry. The Crimea annexation should make energy independence a higher priority for Ukraine.
Iran nuclear talks find Russia and the West ostensibly on the same side, Cunningham writes. But Russia’s annexation of Crimea and the retaliatory steps taken by the US and the European Union to isolate Russia will certainly influence the negotiations over Iran's nuclear program.
Canada is on the verge of becoming an energy superpower, according to its natural resources minister. The Canadian government is already signing trade deals and building pipelines that could help it beat the US in a race to energy hegemony, Graeber writes.
European leaders are scrambling to reduce their exposure to the political meddling of Russia, which has demonstrated its willingness to disrupt energy supplies for geopolitical leverage.
The crisis in Ukraine has stirred support for expanded energy exports that could counter Russia's oil and gas leverage. How might expanding oil and gas exports impact US consumers?
An increase in US crude oil production has strained the nation's existing pipeline capacity. The rail industry is picking up the slack but oil train accidents have raised questions about how to safely transport oil.
Russia has a track record of using its natural gas supplies as a political weapon, Cunningham writes, but this time around the EU appears to be in better shape.
Oil prices spiked Monday on an unfolding crisis in Ukraine, while Russian stocks took a beating. Heightening tensions between Ukraine and Russia is reverberating through energy markets, making for volatile oil prices.
Despite the risks, Afghanistan is drawing in energy investors, Graeber writes. Without the proper safeguards in place, however, oil and gas extraction in Afghanistan could lead to more conflict in the country.
The US Army has made some impressive commitments to renewable energy, Daly writes, in an effort to procure reliable and locally generated energy sources.
The next major attack against the energy sector may be by a state actor, Graeber writes, and it may come from a computer.
Nuclear negotiations got underway between six world powers and Iran Tuesday, after reports show that Iran increased oil exports by 100,000 barrels per day in January. The interim nuclear deal with the United States and its western allies has breathed some life into Iran’s oil sector, Cunningham writes.
Another winter storm is descending on the East Coast where New Yorkers are paying record prices for natural gas and heating oil. The weeks-long cold snap and continued winter storms are draining fuel inventories and driving up prices.
The Iranian nuclear deal has struck an optimistic tone in the Middle East, Ayyub writes, and officials in the United Arab Emirates are taking the opportunity to increase energy cooperation with Iran. That collaboration threatens to further erode Saudi Arabia's influence over the region's oil.
Exploiting the world’s unconventional natural gas holds the key to a golden age of gas, says IEA executive director Maria van der Hoeven, but there are legitimate public concerns about the associated environmental and social impacts.
Hydraulic fracturing for oil and gas is posing a growing risk to water supplies in several regions around the country, according to a new report. Competition between water use for fracking and other uses is not new, particularly in dry areas, but as oil and gas production rises, the issue will only grow in importance.
Winter storms in the Northeast United States sent natural gas prices Wednesday to a high not see since early 2010. An unusually cold January complete with multiple snow storms has the region burning through more natural gas than expected.
Coal may be poised for a comeback in 2014 as natural gas prices rise and extreme cold push up electricity demand. But new EPA regulations and investor trepidation point to a structural decline for coal, Cunningham writes, not a cyclical one.