Declining Spreads Are A Big Concern For Oil And Rail Companies
According to the Energy Information Administration, last year the U.S. produced an average of 6.5 million barrels of oil per day ! That's the quickest rate of production we've witnessed since the...
View ArticleRenewable Energy Down But Not Out
Second, the International Energy Agency (IEA) released a report forecasting that renewable energy -wind, solar, biofuels and the like-will eclipse natural gas and nuclear as a source of electricity by...
View ArticleThe Future Of The Global LNG Trade
Interestingly, last year's drop came despite soaring demand from Japan, as that country continues to import massive quantities of gas to combat the sharp fall-off in domestic energy supplies in the...
View ArticleSyrian War Cost Up To $15 Billion In Losses, Official Says
Syria's civil war has laid waste to entire neighborhoods in the country's cities and towns, destroyed much of its manufacturing base and infrastructure and brought oil production and exports to a halt....
View ArticleObama To Announce Broad African Electrical Power Initiative
"Power Africa will build on Africa's enormous power potential, including new discoveries of vast reserves of oil and gas, and the potential to develop clean geothermal, hydro, wind and solar energy, "...
View ArticleThe Last Surviving Otter From The Exxon Valdez Oil Spill Has Died
"It's pretty monumental that she's the last Exxon Valdez oil spill survivor in U.S. zoos and aquariums," says Karen Wolf, head veterinarian at the Point Defiance Zoo & Aquarium. "She was an amazing...
View ArticleOil Firms To Invest Windfall Gains In New Projects
State-run Oil and Natural Gas Corporation (ONGC) says its average cost of gas production at present is $3.7 an mBtu, and at $8.4 an mBtu, the company would get higher realisation, which would be...
View ArticleIs It Because Of Global Warming?
Reliable prediction of El Nino response to global warming is difficult, as El Nino varies naturally over decades and centuries. Instrumental records are too short to determine whether recent changes...
View ArticleFloating Wind And Current Hybrid Power Generation System
Japanese company Mitsui Ocean Development & Engineering Company (MODEC) , has developed the SKWID, a floating wind and current hybrid power generation system capable of converting two inexhaustible...
View ArticleHerkules Boost For Petroleum Technology Company
Herkules boost for Petroleum Technology Company. By DOMINIC JEFF Published on 01/07/2013 00:00. Oil services firm Petroleum Technology Company (PTC) , which has an operating base in Aberdeen, has been...
View ArticleWestern Governors Promote Energy Development
Matt Mead of Wyoming, a big coal exporter, said there is no contradiction between developing energy and keeping the environment clean, and Utah Gov. Gary Herbert said nuclear power has to be part of...
View ArticleHarvey Minerals To Sell 310,000 Acre Undeveloped Leasehold, Producing ORRI,...
Harvey Ventures Group has retained Energy Capital Solutions, LLC to sell certain non-operated oil and gas properties, producing royalty interests, and undeveloped acreage in some of the most prolific...
View ArticleMore Countires On Board To Export LNG
With Noble Energy (NYSE: NBL ) making big natural gas discoveries off the coast of Israel, the country has decided that it wants to throw its hat into the liquefied natural gas, or LNG, export ring....
View ArticleResidents Near Landfill Want Nuclear Waste Removed
Residents believe the biggest danger is the smoldering trash, which sits the length of four football fields away from a second landfill that includes atomic waste from Cold War-era work done in St....
View ArticleEPA's Tier III Rule Can Encourage Adoption Of Biofuels, BIO Says
WASHINGTON --. The Biotechnology Industry Organization (BIO) today urged the Environmental Protection Agency (EPA) to issue a final Tier 3 Motor Vehicle Emission and Fuel Standards rule that maximizes...
View ArticleSchneider National Adding 60 Jobs In Pennsylvania To Support New Oil Fracking...
Schneider National, Inc., a premier provider of truckload, logistics and intermodal services, announced today it is adding 60 oilfield truck drivers to support its energy business on the Marcellus...
View ArticleXcel Energy Will Keep Running 2 Coal-Fired Generators In Becker
A new Xcel study finds replacing the units or installing high-end pollution control equipment isn't cost effective given regulatory uncertainties.
View ArticleAlcoa, Altiss Pen Drillpipe Deal
"This agreement is a major milestone connecting our customers in North America with world-class services and increased access to Alcoa aluminum drill pipe, " Jeff Lehner, general manager for Alcoa Oil...
View ArticleApple Is Planning A Solar Panel Farm For Its Data Center In Reno
Apple, working with Nevada utility NV Energy, is planning to build another solar panel farm next to a data center, and this time it's for its new data center in Reno, Nevada....
View ArticleNo Plans To End Coal-Fired Power At Sherco
Xcel Energy sees no end to the burning of coal at its Sherco power plant in Becker in central Minnesota.
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