EPA’s announcement that it plans to sample the water in 60 homes in Dimock, Pa., could signal further contamination of water sources than first believed and add to questions about how government agencies have handled the issue. It comes just over a month after the EPA declared the town’s water safe following natural gas contamination [...]
Fungibility is underrated. Take a bunch of hydrogen and carbon atoms, link them together in certain ways, and they can become among the most useful and concentrated sources of energy on earth. But markets can be awfully fickle about what they are willing to pay for the same unit of energy. Right now in the [...]
Exporting large amounts of US natural gas will significantly increase energy prices for domestic consumers, government analysts said in a report that will fan debate over the best use of bountiful supplies of the fuel. The study by the US Energy Information Administration was issued as eight companies are seeking permission to liquefy and export [...]
North America will become almost totally self-sufficient in energy in two decades, thanks to a big growth in the production of biofuels, shale gas and unconventional oil, according to projections by BP. Presenting the oil company’s energy outlook to 2030, BP said North America’s energy deficit would turn into a “small surplus” by that year. That [...]
The race for new-energy dominance is officially on. Earlier this month two of China’s oil giants, Sinopec and Cnooc, as well as Saudi Arabia’s state-owned oil company, Saudi Aramco, announced they would all seek to buy the same 30 percent stake in American hydraulic-fracturing-services firm Frac Tech Holdings LLC. The announcements, arriving amidst great excitement [...]
No issue in Latin America this year may be more fraught with volatility than energy. The Mayan calendar prophesied the end of the world this December. But for Latin America’s energy scene, the year is shaping up to be anything but a march toward the end of time. There are several themes to consider as 2012 unfolds. [...]
There is a pipeline plan in British Columbia that Premier Christy Clark likes very much. Ms. Clark has been scrupulously non-committal on the contentious Northern Gateway pipeline. The Harper government wants it built so badly it launched a campaign this week attacking opponents as radicals and puppets of foreign interests. Call that one the Prime [...]
Petrobras announced recently that its proven reserves of oil, condensate and natural gas rose 2.7 percent in 2011 to 16.4 billion barrels of oil equivalent, based on criteria used by the Brazilian National Petroleum Agency (ANP) and the Society of Petroleum Engineers (SPE). Source: Petrobras
Qatar Petroleum (QP) could reconfigure its US import terminal to export gas in a bid to cash in on the US supply glut arising from the shale gas revolution, says one of Qatar’s prime ministers. The multibillion-dollar facility was procured before the US began producing abundant quantities of natural gas from hydraulic fracturing – or [...]
A group of the nation’s leading experts on energy and the environment are at Duke this week attending a workshop to try to ferret out the facts (and tamp down the hype) around shale gas and fracking, the controversial method for extracting natural gas trapped in shale deposits. With yesterday’s sessions held as a public [...]
