Attention in the run-up to Brazil’s inaugural pre-salt auction has been strikingly dissimilar to the tectonic-shifting announcements of the pre-salt several years ago, Arthur writes. Yet with a mix of emerging market and European players, the list of bidders is perhaps a reflection of the nature of exploration and production in the Americas today.
Changing global energy dynamics loom large over the latest attempt to reconcile differences between the US and Iran. Production in the US and Saudi Arabia has boomed in recent years, eroding any leverage Iran might have in the ongoing debate over its nuclear ambitions.
Iranian President Hassan Rouhani addresses the UN General Assembly Tuesday in speech that may have wide-ranging repercussions across the global energy sector. Rouhani's speech may be heralded as a sea change for the Islamic Republic, its nuclear work, and the oil market's reaction, Graeber writes.
The Keystone pipeline was first proposed five years ago. A lot has changed since then and the Canadian economy is starting to ponder a future that's less coupled to the US energy market, Graeber writes. TransCanada, with its domestic pipeline proposal, is already hedging its bets on the Keystone pipeline.
Keystone pipeline protests are aimed at highlighting the need to address the causes of climate change by reducing our use of carbon-based fuels, Cobb writes. But advocating for a carbon tax might be a better way to spur innovation in energy efficiency and renewable energy production.
Gas prices are at the lowest they've been since late January despite continued unease across the Middle East. Much of the decline in gas prices is part of the seasonal change in supply and demand, but it also reflects a shifting global oil market.
The reelection of German Chancellor Angela Merkel is a vote of confidence for her ambitious and costly plan to wean Germany off of nuclear and fossil-fuel power. Germany's experiment in a clean-energy transition will have broad repercussions for other countries eyeing a post-carbon future.
The Environmental Protection Agency's new rules on carbon emissions make carbon capture and storage a make-or-break technology for the coal industry. Ultimately, the fate of the technology and the coal industry lies with market forces, not technical know-how.
Colorado flooding has submerged the state's fracking sites underwater. At least one pipeline has already been confirmed to be broken and leaking, and as the Colorado flooding subsides, it is only expected that more broken infrastructure and leaks will begin to surface.