US and Canadian regulators have been warning for years that the type of rail car involved in the fatal derailment and explosion in Quebec is far more prone to rupturing in accidents than other models available.
Oil deliveries by rail have increased along with North American crude oil production. In a tit-for-tat season of pipeline and rail incidents, including the recent Quebec train fire, it's becoming clear there are no clear-cut winners for crude oil transit.
A ban on fracking in a northern region of Spain has crimped Repsol SA's plans to begin drilling for shale gas in the north of Spain. Repsol had planned to begin seismic studies, with a view to drilling, in July, but the Cantabrian fracking ban, which prevents all hydraulic fracturing activities within the region’s borders, has put a hold on plans.
The Keystone XL pipeline will make no measurable contribution one way or another to global climate change, Rapier writes. The arguments against it convey a false impression of the most important drivers of global carbon emissions.
Researchers at MIT have developed a technique for creating solar cells that are only two molecules thick. The resulting solar cell can only offer a conversion efficiency of 1 - 2 percent, but by placing multiple cells one on top of the other the overall generation capacity can be far greater than conventional cells.
The US natural gas market is on the verge of a big swing, Forest writes, but it doesn't have to do with liquid natural gas. Instead, there's an interesting and unexpected source of demand for US natural gas.
True energy independence is more than a supply-demand equation. For starters, energy independence should mean freedom from gasoline price spikes caused by unstable foreign nations.
Hurricane Ivan swept away an oil production platform in the Gulf of Mexico in 2004. Nine years later, it's still leaking oil, although the company behind the project says it has reduced the leak to a trickle.
Oil prices spiked above $102 a barrel Wednesday as protesters poured into the streets of Cairo and the Egyptian military ousted President Mohammed Morsi. Egypt is critical to regional oil transportation and has investors worried that protests could spread elsewhere in the region.