A surge in US oil and natural gas production has lifted hopes about North American energy security, but that growth will plateau and will be difficult to replicate elsewhere, says Maria van der Hoeven, chief executive of the International Energy Agency, in an interview with the Monitor.
Rising use of natural gas in the transportation sector will offset a slowdown in other areas, says the International Energy Agency in a new report. But don't expect natural gas vehicles to dominate roadways anytime soon.
Oil production is surging in the US, sending supply shockwaves through world markets. The US could become the world leader in more ways than one, Graeber writes, but only if it opens its oil spigot.
The benefits of the North American oil boom on this side of the Atlantic are well-documented – and the same technologies might help developing nations. But Europe's energy industry, which separately became a target of a price-fixing investigation, could emerge as a loser.
Average unit of energy is 'basically as dirty' as two decades ago, says new IEA report, despite boom in renewables. Among its recommendations: Encourage move from coal to gas by developing unconventional gas.
Clean energy growth worldwide has stalled despite significant gains in electric vehicles and renewable power, and financing has slowed, according to separate studies released Wednesday. Is increased government funding the answer for clean energy, or should private business play a bigger part?