New and increased oil production in Northern Iraq and Africa has come as good news to Genel Energy. The latest feather in its cap is the securing of a rig contract for offshore drilling in its Africa portfolio.
Natural gas has already been blamed for shuttering of coal plants and slowing wind and solar financing. Evidence suggests nuclear is also falling victim to the glut of cheap natural gas. The closure of a nuclear plant in Wisconsin Tuesday is exhibit A.
Pacific Gas and Electric Co. could face a record fine for a deadly 2010 natural gas pipeline explosion in a San Francisco suburb. Officials hope it will help prevent future accidents while some warn that rising natural gas demand is outpacing investment in energy infrastructure.
Even though production of oil from new fields in the U.S. is booming, there is a consistent decline in production from old fields around the world, and OPEC members have not increased production. Meanwhile, though demand for oil is falling in the US, it continues to grow around the world.
The Iraqi central government and authorities of the semi-autonomous Kurdistan Regional Government put together a seven-point deal last week that could see the Kurds resume oil exports to Iraq in return for a revision of the Iraqi 2013 budget, Alic writes.
JPMorgan Chase developed schemes to sell electricity at falsely attractive prices in Michigan and California, according to The New York Times. The market manipulation could result in JPMorgan Chase receiving penalties from the Federal Energy Regulatory Commission.
In a lackluster economy, there hasn't been much from OPEC members to suggest there was any sort of revival, Graeber writes. But with seven of the 12 members of the cartel experiencing at least some form of upheaval, the cost of doing business suggests members may need more than a little bit of luck to return to glory.
Average unit of energy is 'basically as dirty' as two decades ago, says new IEA report, despite boom in renewables. Among its recommendations: Encourage move from coal to gas by developing unconventional gas.
Oil companies should no longer be valued by their reserves. New drilling technologies like fracking and horizontal drilling mean oil companies operate more like advanced manufacturers, which have much higher price-earnings ratios.
Solar Impulse embarked on the first transcontinental flight of its kind Friday. The Solar Impulse is a dramatic endorsement of clean-energy technology, but probably doesn't represent the future of aviation.
The quest for nuclear fusion power is well known, Daly writes, having been around since the dawn of the nuclear age, but the physics have precluded significant research. Until now.
Tesla joins Nissan Leaf and Chevy Volt in the race for electric car sales. After a record-breaking March for the Nissan Leaf, sales of electric cars dipped in April.
Energy abundance depends entirely on the rate of the flow of oil, gas and other resources, Cobb writes. It is not, as many suggest, dependent on supposed, but often unverified, fossil fuel reserves in the ground.
Verizon Communications will spend $100 million to green up its facilities with solar panels and fuel cells, Alic writes, putting it in the big leagues with clean energy followers like Google and Yahoo.
A recent study on the effect of 'green' marketing on light bulb purchases underscores the role ideology plays in energy efficiency. To sell more energy efficient products, companies should rethink eco-advertising.
China remains the world’s largest polluting nation while leading the fight against climate change, according to a new study. China has made such efforts to reduce its emissions, and reduce growth in electricity demand, that it is far ahead of any targets it set itself, Kennedy writes.
Average compensation for oil and gas professionals in the US fell 4 percent last year, according to a new study. The decline in pay coincides with a slowdown in the energy's industry's growth, but the industry may simply be catching its breath.