Major oil and gas companies are taking on an increasing share of debt in order to maintain drilling momentum, according to data from the U.S. Energy Information Administration. Beginning around 2010, energy […]
For a Wind-Powered City, Heat Pumps Are Key
Replacing conventional building boilers with electric heat pumps in New York City buildings could substantially increase the viability of renewable energy use in the city, according to a recent study from researchers […]
Recent activity and growth in the Permian Basin
According to current estimates, the Permian Basin is one of the largest oilfields in the world. A recent presentation from Pioneer Natural Resources (PXD) showed the total recoverable resource potential of the […]
5 Things Ukraine Must Do To Become Energy Independent
There are exactly five things Kiev must do to become energy independent and disentangle itself from the Russian-driven geopolitical gas war: 1. Sell its pipeline system (most importantly); 2. Sell the remaining […]
Oil price volatility hits European airlines
European airline shares have fallen sharply as growing violence in Iraq marks the end of an unprecedented period of low volatility in oil prices.Brent crude hit a nine-month high of $115 a […]
$1 billion went missing while China was building this electricity grid – Quartz
About 6.7 billion yuan $1 billion was “misappropriated” during the construction of a long-distance electricity grid in China last year, the country’s top auditing office said this week. The government report—which details the use of fake invoices and […]
Massive Australia coal project dumped in face of China energy revolution
Another major Australian coal infrastructure project – a proposed 180m tonne coal port – has been dumped as coal markets turn and China Premier plans "energy revolution" via Renew Economy http://ift.tt/1lH0IiM
China Passes the U.S. as #1 Oil Importer
Well, it’s finally happened. Last September, according to the calculations of the Energy Information Administration, China passed the United States as the world’s largest importer of oil products. The crossing of paths […]
Lower coal mine productivity: Companies face higher future costs
Since thicker coal seams that are closer to the surface are often first excavated, mining costs tend to rise over time. While new discoveries of low-cost mines and technological advancements will keep […]
DISCUSSION: What is the cost of keeping Europe’s shale in the ground?
Recently, BP ruled itself out from drilling shale gas in the UK because it may “attract the wrong kind of public attention” [1]. In 2013 new studies estimated huge shale potential in […]
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