Petronas, Malaysia's state-owned energy giant, announced Sunday it will invest $35 billion in the Canadian liquefied natural gas industry. British Columbia's government hopes to use the revenue generated by projects like this to pay down the province’s debt and to establish a prosperity fund to bank energy-related revenue.
A shrinking trade deficit is one benefit of the domestic hydraulic fracturing and horizontal drilling revolution that has stirred passions on all sides of the debate over America's energy future.
With much of the Middle East and North Africa in a static state of upheaval, Iran could be the unlikely winner of the post-Arab Spring energy prize, Graeber writes.
Energy efficiency – revolutionized by cyber networks – may carry the same impact as a new oil boom. Electricity users are seeing power in their 'negawattage' as they cut their bills by 90 percent.
With the US unable to commit, Canada is looking to China and India to sell it's vast oil and gas resources.
Tropical storm Karen threatens to disrupt offshore US oil and gas operations during what has otherwise been a calm hurricane season. But any impact from tropical storm Karen will likely be muted by less offshore production in the Gulf of Mexico, low demand, and the government shutdown.
North American oil markets are pulling away from foreign market because of increased domestic production. Still, OPEC producers should still hold a key stake in a changing oil game, according to the International Energy Agency.
The Department of Energy and the Federal Energy Regulatory Commission continued to operate normally Thursday, according to officials. But if a shutdown lingers, the departments responsible for ensuring the security and reliability of the nation's electric grid will be forced to cut back.
The government shutdown has a direct impact on America’s overall capacity to drive global energy innovation, Peixe writes. The short-term lack of a federal government means that many of the nation’s top energy innovation institutions and laboratories must scale down their operations, or be completely shutdown.
A US-Mexico deal to divvy up energy in the Gulf of Mexico offers mutual economic benefits between close allies and neighbors. But Congress can't agree on the language to implement the pact – and time is running out.
Thirty years of oil-shale failure suggests that such a development remains far off, Cobb writes. And, in a world that is trying to wean itself from fossil fuels because of climate change and the risks of depletion, time may run out unless more realistic technologies are developed.
China's power generation capacity will more than double by 2030, according to a new report. Half of China's new plants will run on renewable energy but coal will continue to dominate the mix.