Oil companies ExxonMobil and BP defy the United States by collaborating with Russia in the energy sector. ExxonMobil and BP have separately signed agreements with Rosneft, Russia's state-owned oil company.
Owning a personal power plant could be the next big home appliance. Here is how the idea might not be that far-fetched.
On May 11, there was enough sunshine and wind in Germany to meet 75 percent of the country's demand for energy. It was also enough to cause Germany's price of electricity to cost practically nothing for an hour.
Russia can't go it alone in drilling for oil and gas off the coast of Crimea, Cunningham writes, and it will have a hard time attracting Western partners that don't recognize Crimea as a legal part of Russia.
Russia and China signed a major natural gas deal in 11th-hour negotiations Wednesday. The Russia-China natural gas deal helps to realign the focus of global energy geopolitics for decades to come.
ExxonMobil's joint venture-led Papua New Guinea Liquefied Natural Gas plant has started production ahead of schedule, offering new supplies of LNG to Japanese, Taiwanese, and Chinese buyers. The plant is expected to produce more than 9 trillion cubic feet of gas over 30 years of operation.
Russia and China have yet to close a much-anticipated natural gas supply deal as Russian President Vladimir Putin makes a state visit to Shanghai this week. A deal between Russia and China on gas is still likely to happen, but China will continue to drive a hard bargain.
The US in in the middle of a natural gas boom, and yet cars that run on the fossil fuel have yet to really catch on. The problem with natural gas vehicles is really a chicken-and-egg problem, Cunningham writes.
Russian energy companies begin to feel pinch as the Ukraine crisis continues and Western nations consider sanctions against Russian energy. If Ukraine's turmoil continues, the Russian economy could lose $115 billion in revenues in 2015.
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.