Energy/Environment Energy Voices

  • Oil prices, energy sanctions, and the Russian ruble crisis

    Plummeting oil prices and tightening sanctions are taking their toll on the Russian economy, combining to push the Russian ruble off a cliff. Moscow's move to prop up state-owned oil company Rosneft has only exacerbated the currency crisis in Russia.

  • Obama on Colbert: What he said about Keystone XL (+video)

    During an appearance on the Colbert Report, President Obama tip-toed around his position on the controversial Keystone XL pipeline. Republicans are likely to push Obama to approve the pipeline when they control the US House and Senate next year.

  • Ukraine makes payment for Russian gas as winter arrives

    Ukraine has sent $378.22 million to Russia as advance payment for natural gas supplies. The payments and the flow of gas come just in time, as wintry weather settles on Ukraine.

  • Low oil prices are bad news for Norway

    New oil projects are being scrapped in Norway amid falling production and low oil prices. Despite efforts to diversify, Norway’s economy is overwhelmingly dependent on oil, which accounts for more than half of the country’s exports. 

  • OPEC of the West? North America eyes stronger energy ties

    The US, Canada, and Mexico look to bolster a North American energy boom that has redefined global fuel flows. But oil prices continue to plunge, threatening to curtail the expensive kinds of oil and gas that have prevailed across the continent.

  • Abandoned Chevron gas project deals blow to Ukraine energy

    Chevron's move to pull out of a $10 billion gas deal in Ukraine is only the latest in a series of investment setbacks resulting in much less certainty for Ukraine's energy security. 

  • The high price of cheap oil

    Declining oil prices are supposed to have a balanced ledger of winners and losers, Cobb writes. But we may be on our way to finding out that in the long run we will have a much larger list of losers than winners.

December 17, 2014

Photos of the Day 12/17

Tian Tian, a giant panda prepares to eat a special Christmas panda cake crafted in the shape of a Christmas tree in the outdoor enclosure at Edinburgh Zoo, Scotland.

More Energy Voices
  • Low oil prices are bad news for Norway

    New oil projects are being scrapped in Norway amid falling production and low oil prices. Despite efforts to diversify, Norway’s economy is overwhelmingly dependent on oil, which accounts for more than half of the country’s exports. 

  • 'Recharge' blog: South Stream loses steam, oil goes lower, and optimism in Lima

    Moscow cancels the South Stream pipeline; More global actions put downward pressure on oil prices; Climate talks in Lima come amid progress on emissions. Catch up on global energy with the Monitor's Recharge.

  • Why a Florida utility suddenly wants to serve Hawaii

    Like many big utilities, NextEra is looking at strategic mergers that offer a business advantage. Its $4.3 billion deal to buy Hawaiian Electric will give it important experience dealing with distributed renewable energy.

  • Will low oil prices derail renewable energy growth?

    A rosy outlook for clean energy now takes on an air of uncertainty as renewables look to avoid becoming a casualty of an era of low oil prices.

  • Want bipartisanship? Look to energy, former Senate leaders say (+video)

    Energy could provide fertile ground for bipartisan compromise in the next Congress, two former Senate majority leaders and the head of a think tank said at a Monitor breakfast Thursday. That could mean legislative action on anything from Keystone XL, to energy efficiency, to oil exports.

  • Why emissions are falling from a source you might not expect

    Technology is making it possible for the energy industry to produce more natural gas and do it in a cleaner and more efficient way. It’s why the United States leads the world in carbon and other emissions reductions.

  • Low oil prices are a good thing, right? Not always.

    Plummeting oil prices seem like good news for US consumers, who are paying less at the pump than they have in four years. But cheap crude has its drawbacks – from undermining domestic oil production, to discouraging investment in new energy sources.

  • Oil prices plunge. Is a shale bubble bursting?

    Oil prices have plunged in recent months, which is bad news for energy firms who have relied heavily on debt to finance their operations. Amid low oil prices, could a shakeout of the oil industry spark a broader financial crisis?

  • South Stream: Russia's 'nyet' and the pipeline to nowhere

    The cancellation of South Stream, a proposed gas pipeline to Europe from Russia, comes amid fraying ties between two critical centers of energy supply and demand. It's the clearest signal yet that Russia's grip on European energy markets is slipping. 

  • Who wins from low oil prices? China

    Falling oil prices benefit China because the country does not make money on oil. Instead, it buys it, and is the world's largest net importer of oil. The lower oil prices fall, the more affordable it becomes for China to develop its economy. 

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