Oil and natural gas are booming in the US, and stakeholders across the board are trying to harness the boom to for their own benefit – from lawmakers like Bobby Jindal hoping to push back against gas-rich Russia, to oil companies pushing to export crude and maximize profit.
The Islamic State is believed to be producing between 25,000 and 40,000 barrels of oil per day, smuggling and selling it on the black market. In its effort to degrade the Islamic State (also known as ISIS or ISIL), the US will aim to cut off the group's oil sales.
Last year, new global capacity of hydroelectricity, wind, solar, and other renewable power grew more than in any previous year. Clean energy faces daunting obstacles, but the progress on energy and climate to date is notable and likely to continue.
The US will aim to cut off Islamic State (also known as ISIS or ISIL) oil sales as part of its broader effort to 'degrade and destroy the Islamic State'; New Western sanctions on Russia energy aim to 'shut down' its most prized oil and gas projects; Record high carbon dioxide levels will add urgency to upcoming global climate talks. Read the latest on energy around the globe with the Monitor's Recharge.
New US sanctions on Russia are the strongest yet against Russia. The point of new Russia sanctions on five major energy firms is to 'shut down' Russia's deepwater, shale, and Arctic exploration, according to one senior US official.
Russian gas to Poland through Ukraine has dropped by at least 20 percent, but it's unclear who's at fault. Russia's state-owned gas giant Gazprom says that gas flows through Ukraine hasn't changed, and if there's a reduction, it's Poland's fault.
Oil supermajors BP and Shell are closely watching next week's Scotland independence referendum, hoping voters will choose to remain part of the United Kingdom. The reason? Companies like certainty, and a newly independent Scotland could change how the energy firms have long done business in the region.
No major energy legislation has passed the Senate since 2007, but that could change if Republicans take control in November's midterm elections. Sen. Rob Portman (R) of Ohio told reporters at a Monitor-hosted breakfast Thursday that a majority GOP Senate would 'get the president to the table' on Keystone XL and other key energy issues.
Driverless cars are almost certainly a part of our transportation future as companies like Google experiment with autonomous driving. Depending on how you look at it, impact of driverless cars on our energy use could either be incredibly good or incredibly bad, or somewhere in between.
A new biofuel factory in Iowa uses farm waste to produce renewable fuel on a large, commercial scale. Unlike corn-based ethanol, this so-called cellulosic ethanol doesn't push up food prices or use farm space.
Obama's plan to curb coal-fired emissions is in the spotlight now that the president has postponed executive action on immigration until after the midterm elections. Republican lawmakers blasted the proposed EPA rules Tuesday at a hearing on the policy's implications for state regulators.
As a Ukraine crisis continues, Europe is reconsidering its stance on a controversial drilling technique that has unlocked vast amounts of oil and natural gas in the United States. Europe is concerned about the security of its gas supply from Russia as the Ukraine crisis shows little sign of easing.