User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
Last updated: Mar 06 2015 24:39 IST RSS 2.0
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American Eagle Energy Skips Interest Payment 4.3.2015 Wall St. Journal: US Business
American Eagle Energy didn’t make a $9.8 million payment to bondholders due Monday, as the oil-and-gas company considers its current liquidity situation.
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Internal Documents Reveal Extensive Industry Influence Over EPA's National Fracking Study 4.3.2015 Views
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US running out of room to store oil; price collapse next? 4.3.2015 AP National
NEW YORK (AP) -- The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months....
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US running out of room to store crude oil; gas price collapse next? 4.3.2015 Star Tribune: Latest
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.
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Bank of England Issues Warning Over Looming 'Carbon Bubble' Threat 3.3.2015 Headlines
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Reducing HFCs in the US Would Benefit Consumers and the Climate 3.3.2015 WRI Stories
A new WRI study finds that there are many “win-win” opportunities for the United States to reduce emissions and save money for consumers and businesses. Over the coming weeks, our blog series, Lower Emissions, Brighter Economy, will evaluate these opportunities across five key areas—power generation, electricity consumption, passenger vehicles, natural gas systems, and hydrofluorocarbons—which together represent 55 percent of U.S. greenhouse gas emissions. Hydrofluorocarbons (HFCs) are a... [[ This is a content summary only. Visit my website for full links, other content, and more! ...
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U.S. running out of room to store oil; price collapse next? 3.3.2015 Chicago Tribune: Popular
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming ...
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How Much Energy Do Building Energy Codes Really Save?: How to Misuse Statistics 3.3.2015 Switchboard, from NRDC
David Goldstein, Energy Program Co-Director, San Francisco: Statistical analysis can be a valuable tool for investigating scientific truth, but it is easy to abuse, as Mark Twain pointed out over a century ago when he talked about "lies, damned lies, and statistics". Arik Levinson recently published a...
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Arctic Mirage 3.3.2015 Green on
Some Alaskan Inupiat Eskimos contend their community's future would be bleak if President Obama's proposal to designate most of the Arctic National Wildlife Refuge (ANWR) a wilderness becomes law. Such an official permanent designation, they say, would put oil drilling off limits in the area and deprive them of energy tax revenues that have enabled them to acquire the basic amenities of the modern world. But just how detrimental or beneficial the ANWWR wilderness designation would be is in the eyes of the beholder. The Gwich'in Athabaskan Indians, who live on the opposite side of ANWR from the Inupiat, have a totally different take on the wilderness label. They say that any industrial activity in the refuge would ultimately doom the indigenous Porcupine caribou herd on which the tribe depends for all its basic needs. Gwich'in elders warn that the loss of the caribou would sound the death knell for their society's culture and spiritual bond with the land. Hence, they believe that a wilderness designation ...
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US running out of room to store oil; price collapse next? 3.3.2015 Yahoo: US National
NEW YORK (AP) — The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming ...
Talk of a deal on Keystone XL is foolhardy and presumptuous 3.3.2015 Switchboard, from NRDC
Danielle Droitsch, Director, Canada Project, Washington, D.C.: It seems that when the proposed Keystone XL tar sands pipeline is dealt a blow, the talk of a deal in exchange for its going forward picks up a notch. Suddenly pundits and others feel free to suggest something trading...
Constitution Pipeline: ‘The Keystone Pipeline of Natural Gas’ 3.3.2015 Views
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In Houston, Falling Oil Prices Spark Fears Of Job Cuts Beyond Energy 3.3.2015 NPR News
Cheaper gasoline has benefited millions of motorists around the U.S. But in Houston the downturn in prices has brought layoffs and could hurt other sectors, including finance and real estate.
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Saudi king keeps close hand on oil in remodelling strategic team 3.3.2015 Yahoo: Business
By Rania El Gamal and Angus McDowall RIYADH (Reuters) - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.     The most notable change was the promotion of the king's son Prince Abdulaziz bin Salman, long a member of the No. 1 crude exporter's OPEC delegation, to the role of deputy oil minister from assistant oil minister, a post he had held for many years. ...
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Russian tycoon clashes with Britain over North Sea deal 3.3.2015 Yahoo: Top Stories
FRANKFURT/DUESSELDORF (Reuters) - Russian billionaire Mikhail Fridman said on Monday he would buy a number of gas licenses in the North Sea despite British opposition, threatening legal action if London should force him to sell them on to a third party. German utility RWE on Monday finalised the sale of its oil and gas production unit DEA [RWEDE.UL] to Fridman's investment vehicle LetterOne, ending months of uncertainty over whether the 5.1 billion euro (3.7 billion pounds) deal would go ahead. Britain on Saturday said the deal's structure did not alleviate concerns that possible future sanctions against LetterOne's owners Fridman and his partner German Khan could negatively impact production. "We are deeply disappointed and concerned by your letter, given the extensive efforts the parties have made to address your professed concerns," Jonathan Muir, chief executive officer of LetterOne Holdings S.A., said in a letter addressed to British Secretary of State for Energy and Climate Change Edward ...
Norway Can Lead in Fighting Climate Change 3.3.2015 Politics on
Early this year, Norway put its toe in the global movement to drop investments in fossil fuel companies. Its sovereign wealth fund (the Fund), at $850 billion the world's largest, divested from 14 coal mining companies, five tar-sands oil producers and a few other companies heavily involved with fossil fuel. Late last year, an Expert Group appointed by Norway's Finance Ministry released a 71 page report addressing whether the Fund, as a responsible investor sensitive to the global threat of climate change, should exclude fossil fuel companies from its portfolio or exercise its ownership and influence by engaging with those companies. The Expert Group rejected an "either-or" approach, describing the many ways in which strategies of exclusion and active ownership can contribute to lessening the climate change danger. Indeed, it wisely emphasized the reinforcing value of using both exclusion and active ownership in combination, suggesting that together they "can be larger than the sum of their parts." In ...
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Russia, Ukraine agree gas delivery deal until end March: EU 3.3.2015 Yahoo: Politics
Moscow and Kiev agreed a gas delivery deal until the end of March after EU-brokered talks in Brussels Monday, securing supplies to Europe after a row over supplies to rebel-held eastern Ukraine, the EU said. "I am satisfied that we managed to safeguard the full application of the Winter Package for the supply needs in Ukraine," said Maros Sefcovic, European Commission Vice-President for Energy Union, referring to a contract expiring on March 31 that Russia had threatened to scrap. The deal came at the end of nearly five hours of talks between Sefcovic, Russian Energy Minister Alexander Novak and his Ukrainian counterpart Volodymyr Demchyshyn. Gazprom, the Russian state-owned gas giant, threatened last week to halt deliveries to Ukraine and divert stocks instead to the eastern parts of the country controlled by pro-Kremlin separatists after Kiev cut them ...
Three facts you should know about the Keystone XL tar sands pipeline and exports 3.3.2015 Switchboard, from NRDC
Anthony Swift, Attorney, International Program, Washington, DC: When he vetoed legislation meant to force approval of the proposed Keystone XL tar sands pipeline last week, President Obama noted that the project is designed largely as a way to route Canadian tar sands to the global export...
National Bank of Abu Dhabi: Even at $10 per barrel, oil can't match solar on cost 3.3.2015 TreeHugger
When one of the biggest banks from an oil-producing region admits defeat to solar power, you know things are starting to change.
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Stephen Harper's Petro-State Is Built on Tar Sands 3.3.2015 Green on
This article first appeared in The Washington Spectator . Late 21st-century graduate students of business studying the growing problem of stranded assets will almost certainly focus on the history of Canada's Athabasca Oil Sand (aka tar sands). The case studies they read will either describe the gradual abandonment of the world's largest reserve of bituminous crude or they will read about the tar sands' miraculous last-minute escape from becoming the world's largest stranded asset. For either outcome, the turning point they will look back on is just about now. In some respects Alberta's gigantic deposits of bitumen , a dense mixture of sand and heavy crude oil, third in size only to the reserves of Saudi Arabia and Venezuela, were stranded from the start by location. Situated in the heart of a vast boreal forest at the center of a very large continent, they are hundreds of miles from the nearest refinery and thousands more from navigable tidewater. If Canada's oil sands do one day become stranded, the ...
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