Algeria is in talks with other oil producing countries in an effort to reverse the nearly nine-month plunge in oil prices that have take a toll on major energy exporters.
US crude oil output may fall by half this year, according to a projection by the oil cartel OPEC. That goes against what many predict will be a slowdown in production growth – but not an overall drop.
A domestic oil glut helped bring US crude prices inline with the global benchmark. But in the last month or so, the spread between the two has widened again.
Spurred on by high oil prices and an unreliable grid, Nicaragua attracted $1.5 billion in renewable energy investement between 2006 and 2012. Now it gets about half of its electricity from renewable sources.
China’s decision to build nuclear reactors in Pakistan has received criticism for defying international norms on nuclear technologies trade.
While a truly viable and scalable solution to fracking wastewater is not yet at hand, there are several contenders that suggest a breakthrough is just around the corner, writes Colin Chilcoat.
The United Kingdom aims to block the purchase of North Sea oil and gas assets by Mikhail Fridman and his Luxembourg-based LetterOne investment vehicle. The UK is concerned Mr. Fridman may fall under Western sanctions and slow production in the North Sea.
For the European Union's Energy Union to work, Brussels must convince member states to support a durable European solution to their energy challenges, writes Kristine Berzina of the German Marshall Fund – even if that means putting up with EU bureaucracy.