Western-imposed sanctions are disrupting Iran's oil exports - and further pressure could affect global oil markets, says a report by the Energy Information Administration, an analytical agency of the US Department of Energy.
Azerbaijan, Turkmenistan and the EU are preparing two documents that will allow them to take delivery of the Caspian and in particular Turkmen gas to Europe
In line with much of Hofmeister's worries about unstable geopolitics, GasBuddy analyst Gregg Laskoski tells CultureMap that the current strife in the Middle East could push gasoline prices considerably higher than $5 a gallon.
Gulf station on Northern Boulevard in Great Neck really does say a gallon of regular will cost $4.99.9. Unless you have a spare 1/10th of a penny lying around, for all intents and purposes, that’s a $5 gallon of gasoline — $5.09 if you use a credit c
History never repeats itself, but it does rhyme. This time around it is not demand from the United States that is collapsing, but European Union and United Kingdom demand, as oil prices in euros and pounds sterling have never been higher. In the mean
The IPCC might have outlived its usefulness. Let’s see what the next assessment report comes up with. But we are getting diminishing returns from these assessments
Piracy is a growing threat to West Africa’s plans to double oil production over the next decade and is already having a devastating impact on ports, the UN Security Council was warned Monday.
US stocks sank Monday as traders worried about the high price of oil and after the Group of 20 major economies snubbed Europe’s call for more aid to fight the eurozone debt crisis.
TransCanada Corp announced Monday it would go ahead with construction of part of its Keystone XL oil pipeline that does not require US presidential approval, a stretch from the state of Oklahoma to the US Gulf Coast.
“Xena: Warrior Princess” actress Lucy Lawless was arrested in New Zealand Monday after occupying an oil-drilling ship for three days to protest plans to search for oil off Alaska, Greenpeace said.
For the second time this week, New York state judges have rules that towns have the power to ban fracking despite a state regulation asserting they cannot.
Oil prices rose to a fresh nine-month high near $109 a barrel Friday in Asia amid signs the U.S. economy is improving against a backdrop of elevated tensions in the Middle East over Iran's nuclear program.
President Barack Obama is confronting Americans' anxiety over rising gasoline prices by drawing attention to his energy policies and taking credit for rising oil and gas production.
Amory Lovins explains his plan for transforming our energy, transportation and industry sectors while at the same time growing our economy and cutting dirty fossil fuels.
White House press secretary Jay Carney first says Republicans "forced" President Obama to deny the permit for the Keystone XL pipeline. Later in his press briefing, Carney says Obama didn't turn down the pipeline.
Our goal was to provide policymakers a foundation for developing sensible regulations that ensure responsible shale-gas developmentl, Charles Groat, an Energy Institute associate director who led the research, told the Fort Worth Star-Telegram.
"Wh
The Iranian sanctions’ fallout is now hitting South Africa, Africa's biggest economy, which receives nearly 25 percent of its needs from Iran, roughly 98,000 barrels per day (bpd), or about 4 percent of Iran’s total exports.
Though all sectors of the energy storage market show strong potential, from an application perspective distributed generation devices, renewable systems, and ancillary services show the greatest near term growth potential. Global opportunity over the
In the latest setback for the solar energy industry, Auburn Hills-based Energy Conversion Devices said today that it has filed for Chapter 11 bankruptcy and intends to sell its assets, including its main subsidiary United Solar Ovonic.
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