User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
1 new since Nov 28 2014 23:07 IST RSS 2.0
 
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Oil price slide hits energy bond investors 27.11.2014 Financial Times US
Nearly a third of junk-rated energy debt, used to fuel US shale boom, is classified as distressed
Libya's recognized government appoints new chairman of state oil firm 27.11.2014 Yahoo: Top Stories
By Shadia Nasralla VIENNA (Reuters) - Libya's internationally recognized government has appointed a new head of state National Oil Corp (NOC) handling oil exports, a deputy premier said on Wednesday, as a political conflict over control of the country is hitting the vital energy sector. The embattled government, working out of a small city in the east after losing control of the capital Tripoli, officially announced the decision in a crowded Vienna hotel lobby hours before an OPEC meeting. Libyan websites had reported the news weeks ago but officials did not confirm it until now. ...
EU expects stable gas supply even as Russian shipments yet to start 27.11.2014 Yahoo: Top Stories
By Raushan Nurshayeva ASTANA (Reuters) - The European Union expects stable gas supplies this winter under a deal by Russia and Ukraine, a senior EU energy official said, even while Moscow has yet to resume shipments and Kiev has yet to pay in advance as agreed. Russia provides a third of European Union gas supplies, and half of that volume flows through Ukraine. Previous spats between Kiev and Moscow led to temporary supply cuts to Europe. ...
OPEC set for pivotal decision on oil output amount 27.11.2014 Yahoo: Top Stories
The OPEC oil producers cartel meets in Vienna on Thursday for a pivotal decision on whether to reduce the amount of oil it produces, faced with a global supply glut that has massively depressed crude prices. The price of US benchmark oil fell to a four-year low Wednesday on growing expectations that the Organization of Petroleum Exporting Countries will not take significant action in the Austrian capital, home to the 12-nation cartel that pumps out about a third of the world's crude. OPEC is under pressure from its poorer members like Venezuela and Ecuador to cut output as tumbling prices have slashed their precious revenues. OPEC kingpin Saudi Arabia on Wednesday said Gulf nations had reached a consensus over what needed to happen regarding the cartel's level of supply, adding that it hoped the other members would ...
Meeting addresses advances in compressed natural gas use 27.11.2014 Durango Herald
The Four Corners Office for Energy Efficiency is sponsoring a public meeting from 9 to 11 a.m. Dec. 10 on the latest advances in the use of compressed natural gas (CNG) to power vehicles.The meeting will be at the Durango Community Recreation Center, 2700 Main Ave.Fleet managers and people interested in alternative fuels can...
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1986 oil bust reminds U.S. drillers of price-war risk 27.11.2014 Star Tribune: Business
With oil prices falling, U.S. producers worry about history repeating itself.
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2015 updates make Honda's best-selling CR-V even more attractive 27.11.2014 Star Tribune: Nation
Special Report: Putin's allies channeled billions to Ukraine oligarch 26.11.2014 Yahoo: Top Stories
By Stephen Grey, Tom Bergin, Sevgil Musaieva and Roman Anin MOSCOW/KIEV (Reuters) - In Russia, powerful friends helped him make a fortune. He is Dmitry Firtash, a former fireman and soldier. In little more than a decade, the Ukrainian went from obscurity to wealth and renown, largely by buying gas from Russia and selling it in his home country. His success was built on remarkable sweetheart deals brokered by associates of Russian leader Vladimir Putin, at immense cost to Russian taxpayers, a Reuters investigation ...
Change of Heart for OPEC? 26.11.2014 Yahoo: Business
A funny thing happened on the way to the OPEC meeting.
Lack of coal may bring Ukraine to its knees this winter 26.11.2014 Yahoo: Top Stories
By Nina Chestney and Barbara Lewis LONDON/BRUSSELS (Reuters) - A shortage of coal, rather than gas, is likely to plunge Ukraine into freezing darkness this winter as conflict in its east seals off supplies that used to make it self sufficient. Kiev has said any hopes it had of Russian coal coming to the rescue were dashed when Moscow suspended exports. Ukraine has declared a state of emergency in its electricity market and blackouts are imminent unless it can import coal, analysts and industry officials say. ...
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Oil price to close some projects, will return to fair level: Russia 26.11.2014 Yahoo: Top Stories
MOSCOW (Reuters) - Lower oil prices will close ineffective oil projects, decreasing output to support prices which will return to a "fair level", Russian Energy Minister Alexander Novak said on Wednesday.
"I Hate That Oil's Dropping": Why Mississippi Governor Phil Bryant Wants High Oil Prices for Fracking 26.11.2014 Green on HuffingtonPost.com
Cross-Posted from DeSmogBlog Outgoing Interstate Oil and Gas Compact Commission (IOGCC) chairman Phil Bryant  -- Mississippi's Republican Governor -- started his farewell address with a college football joke at IOGCC's recent annual conference in Columbus, Ohio. Mississippi Governor Phil Bryant; Photo Credit:  Wikimedia Commons "As you know, I love SEC football. Number one in the nation Mississippi State, number three in the nation Ole Miss, got a lot of energy behind those two teams," Bryant said in opening his October 21 speech. "I try to go to a lot of ball games. It's a tough job, but somebody's gotta do it and somebody's gotta be there." Seconds later, things got more serious, as Bryant spoke to an audience of oil and gas industry executives and lobbyists, as well as state-level regulators.  At the  industry-sponsored convening , which I attended on behalf of DeSmogBlog, it was hard to tell the difference between industry lobbyists and regulators. The more money pledged by corporations, the more ...
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New Yorkers, Times Have Changed: Charge Your Car or Fill It Up? 26.11.2014 Green on HuffingtonPost.com
Electric vehicles are getting a lot more efficient and popular to drive in New York City. Did you know there are more than 150 commercial electric vehicle (EV) charging stations in Manhattan, as listed in the online database PlugShare , compared with only 39 gas stations, according to a Wall Street Journal Analysis of New York Department of Finance Records. A decade ago, there were 60 gas stations, but station owners are making more money now by selling their high-value Manhattan real estate than by selling gasoline. Could this signal a new era of electric transport in the city? Just inside the entrance to Time Warner Shops at Columbus Circle, a young couple strolling with their morning coffees stops in their tracks when they see a sexy, red sports car. The woman bends over to touch the shiny car, a brand new Tesla Model S . On the other side of the car, the man taps a touch screen that gives more information about its specifications and offers him a test drive right out of the mall's basement parking ...
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U.S. House to hold hearing on oil export ban 26.11.2014 Yahoo: Politics
WASHINGTON (Reuters) - A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance. The House subcommittee on energy and power, chaired by Representative Ed Whitfield, will hone in on the 1975 Energy Policy and Conservation Act, drafted in response to the 1973 oil crisis. The law prohibited the export of most crude oil, created the Strategic Petroleum Reserve and Corporate Average Fuel Economy rules for cars and trucks, also known as CAFE standards. ...
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US stocks fall back from record levels as oil slumps again, pushing energy sector lower 26.11.2014 Star Tribune: Business
Leaked Internal Presentation Details the Oil Industry's Coordinated Multi-State Campaign to Stop Progress on Clean Energy 25.11.2014 Switchboard, from NRDC
Merrian Borgeson, Senior Scientist, Energy and Transportation, San Francisco: The Western States Petroleum Association (WSPA) – whose members include Chevron, ExxonMobil, Shell, ConocoPhillips, BP, and others – was caught red-handed last week when a leaked internal presentation revealed a coordinated campaign to stomp out climate and clean energy progress...
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Sawdust to gasoline, in just 2 steps 25.11.2014 Earth Times
How can we make plastics if no more fossil fuels are unearthed, in efforts to combat greenhouse gas production? The answer has long been thought to be in complex lignins or, in this case, the much simpler cellulose .
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US stocks hold near records; Energy stocks turns lower as price of oil resumes its decline 25.11.2014 Star Tribune: Nation
What to Expect From OPEC Meeting 25.11.2014 Yahoo: Business
While it appears that OPEC indeed is going to get a deal on a production cut, already the markets are questioning whether it is going to be enough.
Toyota on hydrogen fuel cell technology: “Simply a better battery” 25.11.2014 TreeHugger
After years of promises, hydrogen-powered vehicles are finally arriving on the scene.
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