Oil and gas multinationals record billions in profits, but a shifting energy landscape has taken its toll. Shell and Exxon Mobil posted disappointing earnings, further evidence the US oil boom isn't boosting the usual suspects.
Even with Kazakhstan's giant Kashagan oil field down, the prospects look up for oil and gas in the Central Asian country, Graeber writes.
Ukraine will host a summit in May to explore European shale oil and natural gas. Despite an uncertain political future, Ukraine is still one of more promising shale areas in the region, Graeber writes.
In a legal battle that has continued for two decades, the case against Chevron in Ecuador was led by New York lawyer Steven R. Donziger, who is now the target of another lawsuit alleging misconduct and fraud.
When Chevron tried to start exploratory drilling, local farmers moved quickly to stop them.
Hydropower accounts for more electricity production than solar, wind, and geothermal combined, but gets far less press because it is a mature technology with a much lower annual growth rate than most renewables. Still, hydropower will likely continue its leading role as the world’s most important producer of renewable electricity until well into the next decade.