If we want to “grow” oil and gas production at all, businesses will need to keep investing increasing amounts of money (and energy) into oil and gas extraction, Tverberg writes. For this to happen, prices paid by consumers for oil and gas will need to continue to rise.
Tesla Motors will operate at a profit in the first quarter of 2013, the company said in a letter to shareholders this week. The prediction advances by almost a whole year the company's timeline for profitability, which had previously been set for the fourth quarter of 2013, Voelcker writes.
Paper giant APP's move to go green in Indonesia has thrilled environmentalists. Many activist groups are now focusing on buying practices that could affect a firm's reputation – as well as its finances.
Clean-energy advocates, environmentalists, and others descended on Washington Sunday, in what organizers say was the largest climate protest in US history. Their rallying point was opposition to the Keystone XL pipeline, which would take Canadian tar sands and transport it to US refineries.
Aroway Energy CEO Chris Cooper discusses junior oil and gas companies, the Keystone XL pipeline and the future of Canadian oil and gas, in an interview with OilPrice.com.
Oil super majors' performance hasn't been very impressive of late, Alic writes. They might have to get smaller to get bigger if they wish to avoid being rendered irrelevant by the growing ranks of juniors, she adds.