Oil majors like BP and ExxonMobil are optimistic that low oil prices are helping them trim fat and right-size their operations. But those savings could come at the expense of oil field service companies like Halliburton and Transocean.
The US has taken over a two-year chairmanship of the Arctic Council, an international forum consisting of the eight nations that have territory in the Arctic. Up until recently it has been held up as a model of international cooperation.
Heavily dependent on Russia for its energy needs, European trade negotiators are looking for a visible anchor to US energy supplies, writes Douglas Hengel of The German Marshall Fund of the United States.
Since the early 20th Century, the amount of energy required to produce new energy has skyrocketed. That puts a drag on the economy, Cobb writes, as more and more resources are devoted to keeping up with energy demand.
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Getting a handle on the Fukushima disaster recovery, let alone permanently cleaning up the site, has been extraordinarily difficult. The problem is the daily flood of rainwater that flows downhill towards the sea, rushing into the mangled radioactive site.
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.