Oil prices bounce up and down in search of a floor; LNG sees investments slow; 'Clean coal' suffers a setback. Catch up on global energy with Recharge.
The latest oil market report from the Organization of the Petroleum Exporting Countries paints a not-so-rosy picture for US drillers under pressure from lower oil prices. But even OPEC admits that US oil production has remained surprisingly stable despite collapsed oil prices and cutbacks in US energy.
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.
After falling for 123 days, gas prices are on the rise again. What does the future of gas prices likely look like?
Collaboration – not competition – is key to a clean energy future in the US, China, and beyond, writes Alex Trembath of The Breakthrough Institute.
The most important thing you need to understand about the coming oil production cutbacks is where they are going to come from, namely Canada and the United States.
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.
Like any event its size, the Super Bowl requires a huge amount of power. But with LED lights, energy-efficient stadiums, and renewables, the National Football League is trying to rein in its carbon footprint.
The recent fall in oil prices may be dramatic, but don't count on oil staying cheap forever, says Adam Sieminski, head of the US Energy Information Administration. Predicting exactly where prices will go from here is not unlike trying to predict the weather, Mr. Sieminski said at a Monitor event.
As blizzard conditions bear down on the Northeast, Marty Durbin, President and CEO of America’s Natural Gas Alliance, offers a look at the shale gas revolution that is transforming the US economy, enabling record emissions reductions and fueling our nation’s emergence as the world’s leading producer of natural gas.
Saudi Arabia's new king pledges no change in oil policy; Republicans and Democrats vote on climate change; Germany's Energiewende has a big year. Catch up on global energy with Recharge.