Major oil and gas companies have an opportunity to lead the global fight against climate change, according to Christiana Figueres, the United Nations' climate change chief. Traditional energy firms say they are already cutting emissions, but Ms. Figueres offered both environmental and economic reasons for doing more.
Ukraine's energy sector is ripe for investment, Bensh writes, as it is on the verge of a transformation that will open up new opportunities in oil and gas.
Secretary of State John Kerry reaffirmed support Wednesday for a more diverse European energy supply as a response to Russia over the Ukraine crisis. Some have called for the US to wield its own 'energy weapon,' but the Obama administration has focused more on European solutions.
Russia is raising the price it charges Ukraine for its natural gas, and the interim Ukrainian government is upping the price of its own subsidized, domestic gas. Higher energy costs will hit Ukraine's economy hard during a delicate transition, but it could prove valuable further down the road.
US gas prices are up this week as a long winter starts to ease across much of the country. The coming of spring could unleash pent-up demand for travel and send gas prices even higher.
Warming climates and rising incomes will lead to a surge in cooling-related energy use, according to the latest report by the Intergovernmental Panel on Climate Change. It's one of several ways global warming is set to alter global energy supply and demand.
Should EU and US sanctions hit Russian energy exports, Kazakhstan will suffer collateral damage via their participation in a regional oil pipeline consortium, according to Oil & Energy Insider.
Diversifying European oil and gas imports is no small task, but if Moscow’s Crimean incursion leads to a tit-for-tat escalation in energy sanctions, Russia faces a far more difficult time quickly finding new customers than Europe does finding new suppliers.
As President Obama meets with the Saudi king in Riyadh Friday, he is almost certain to discuss the Ukraine crisis and how to respond. Could the US and Saudi Arabia coordinate a release of oil that would punish Russia's energy-dominated economy?
No, but Tesla Motors Model S gets new armor. The automaker passed a federal investigation into Model S battery fires that started when road debris struck the electric cars' underbodies. Plates will be added to further protect Tesla Motors Model S battery packs.
In the same month as the Three Mile Island and Fukushima nuclear disasters, China announces it is speeding up its research into so-called molten salt reactors that can run on thorium. If it succeeds, it would create a cheaper, more efficient, and safer form of nuclear power that produces less nuclear waste than today's uranium-based technology.
Thirty-five years after the world's first nuclear-power scare, the nuclear industry hasn't learned the most basic lesson from Three Mile Island: Get accurate information to the public in a timely manner.
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.