In a recent monthly oil market report, the IEA downplayed the effect of sanctions on Russian energy production, but Rosneft’s recent request for $42 billion in state aid paints an altogether different picture.
Qatar dominates the global LNG trade, but it’s position threatens to undermine the stability of both the Middle East and the energy market. Makes one want to frack, no?
India’s energy supply can’t keep up with demand, prompting one aluminum company to consider siting a $3 billion project abroad—possibly in Iran—where inputs are more reliable. Modi has his work cut out for him.
The recent round of finger pointing between the developed and developing worlds over who is doing more to curb greenhouse gas emissions is a reminder of one of the core problems with reaching a consensus on an international climate treaty.
Oil prices just hit a ninth month low, in large part thanks to new supplies of North American crude. Shale both threatens Russia’s economy and blunts one of its biggest geopolitical weapons.
Mexican president Enrique Peña Nieto signed a number of laws this week that will overhaul the country’s struggling oil, gas, and electricity sectors. With these new reforms, Mexico looks ready to join the North American energy boom.
Greens are finding their position in the Democratic base under fire recently, as many politicians competing in this year’s midterm elections will be touting the benefits that the shale boom is accruing for their home districts.
A new study suggests that Keystone may have quadruple the effect on global emissions that the State Department reported it would have earlier this year. Unfortunately, these researchers fail to grasp a simple truth: that oil is coming out of the ground, Keystone or not.
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