Russia's Gazprom says there isn't significant risk of disruption of gas to Europe because the Russian gas giant expects to have low seasonal demand. Gazprom CEO Alexei Miller announced that Ukraine would no longer receive more gas starting in June unless it will pay for deliveries in advance.
US crude oil imports are down by 23 percent since 2008. Industry officials and experts are considering lifting a decades-old ban on US oil exports.
A Turkey coal mine explosion Tuesday lies at the intersection of the country’s soaring energy demand and lax mining safety rules. Coal mine safety has improved dramatically in the US and parts of Europe, but it remains a very risky enterprise in economies eager for the cheap form of fuel.
US Department of Energy announced the establishment of a gasoline stockpile to serve the Northeast, in light of superstorm Sandy. But the move only copies a similar effort from the Clinton era, instead of revamping the current US Strategic Petroleum Reserve system, Styles writes.
An oil train derailed near Denver, two days after the Department of Transportation announced an emergency order on transporting crude oil by rail. However, some critics say that they are not satisfied with the department's slow pace.
Lithuania has successfully negotiated down the price it pays Gazprom for Russian natural gas through 2015. The cheaper natural gas comes as Lithuania aggressively pursues global suppliers of liquefied natural gas (LNG).
A global transition to clean energy would cost $44 trillion but save $115 trillion in avoided fuel costs, according to a new report. Such benefits would be spread out over the course of decades. A broad shift to clean energy will require more holistic, long-term approaches to policy and financing.
Hawaii and California utilities are moving to add storage on their grids to accommodate 'green' energy and better match energy production and consumption. But storage is still expensive.
Tensions between China and Vietnam over oil in the South China Sea continue to escalate. The two sides are fighting over control of the Paracel Islands, Cunningham writes, but the problem is that China’s claim to territory in the South China Sea has no basis in international law.
White House solar panels are back at the First Family's residence, the Obama administration announced Friday. The White House solar panels cap off the Obama administration's week of energy and climate change initiatives, aimed at raising public awareness of the threats posed by carbon emissions.
Much of the US oil boom story has been about the inland shale basins in Texas and North Dakota, but the Gulf of Mexico is showing renewed promise as more platforms come online.
If President Obama fails to approve the Keystone XL pipeline soon or rejects it outright, the Canadians may challenge the delay or rejection under the provisions of the North American Free Trade Agreement (NAFTA), Cobb writes. This move opens up a politically attractive option on Keystone XL.
Once touted as the next oil superpower, Brazil's oil production has flattened out entirely, due in part to mismanagement and allegations of corruption.
Gas prices were up in April on the Ukraine crisis and refinery maintenance, but that should change as Memorial Day approaches, according to AAA. Gasoline production is projected to outpace demand, which will put downward pressure on gas prices.