The discovery along Africa’s east coast of the world’s biggest gas finds in a decade threatens to undo investment plans on the other side of the Indian Ocean. Continue reading
Tag Archives: natural gas
Russia Sees Shale Gas as Eventual Risk to Gazprom’s Revenue
Russia’s economy ministry sees “serious” risks posed by shale gas to the revenue of Gazprom (GAZP.RS) beginning in 2014, as higher supply from the nontraditional hydrocarbons may hurt prices and demand for Russia’s pipeline gas. Continue reading
Marlo Lewis: Pickens Plan – Well and Truly Dead?
At a luncheon hosted by Politico at the GOP convention in Tampa today, T. Boone Pickens said truck fleets will switch from diesel to natural gas without Congress approving the NAT GAS Act, legislation offering generous tax credits for the purchase of natural gas trucks (up to $64,000 per vehicle) and installation of natural gas fueling infrastructure. Continue reading
Potential methane reservoirs beneath Antarctica
Not a resource people will be trying to extract anytime soon. Continue reading
Coal Greens Love Buoyed by Shale Gas Hydraulic Fracking: Energy
The world’s most abundant fossil fuel could be tapped without moving mountains, delivered without trucks or trains and burned without greenhouse-gas emissions. Continue reading
Posted in Coal, Development, Fracking, Oil and gas
Tagged natural gas, peak oil & gas
Germany’s new “renewable” energy policy
Wind and solar power + soaring electricity prices = outsourced jobs + more coal burning
Meanwhile, eco activists demand “sustainable lifestyles” – for other people Continue reading
Green energy to hit Germans’ bills: Vattenfall
Germany’s energy strategy will cost consumers dearly as costs for new renewable power generation units and networks must be passed on, the head of the German unit of Swedish state-owned energy group Vattenfall was quoted saying on Monday. Continue reading
Posted in Baseload Energy, Clean energy, Coal, Nuclear power
Tagged energy infrastructure, energy subsidies, natural gas, solar power, Wind power
US DOE Issues Report in Support of Natural Gas
The US Department of Energy’s National Energy Technology Laboratory last week released a report in support of natural gas as a cost-effective resource for the generation of electric power and an environmentally favorable alternative. Continue reading
Norway braces itself as scramble for Pole position begins
The Norwegian town of Kirkenes, on the far northern border with Russia, is on the cusp of becoming an oil boom town. But, asks Colin Freeman, will the world play fair for the Arctic’s spoils? Continue reading
Posted in Development, Oil and gas
Tagged arctic, deepwater drilling, natural gas, offshore drilling
T. Boone Pickens & R. James Woolsey: It’s the key to ending OPEC’s control over the U.S. transportation industry.
Seems like a terrible waste to burn a wonderful feedstock like natural gas, doesn’t it?
“Recent headlines provoked by two positive but modest developments — a slight early-summer decline in gasoline prices and a laudable increase in domestic oil production — have trumpeted that these developments mean we are on the verge of achieving “energy independence.”” Continue reading
UK: Why the argument for gas is more than just hot air
Whitehall is divided but the Chancellor sees a future for the fossil fuel. George Osborne is determined the lights won’t go out. Continue reading
Horizontal Drilling Boom Under Way
The use of horizontal drilling will grow faster in Russia than in the United States, where it is helping to drive a boom in shale oil and gas, the chief executive of Eurasia Drilling said.
“Growth in the U.S. will not be so huge as the growth of horizontal drilling in Russia,” Alexander Djaparidze, who helped found the company in a buyout of LUKoil’s drilling assets, said in an interview. Continue reading
Celebrating failure: Shale letdown a green energy booster
Dumb as doorknobs:
“Europe has been unable to repeat the shale gas revolution that has swept the United States, and that could prove to be the unlikely saviour of long-term EU efforts to spur renewables and curb greenhouse gases.” Continue reading
French Oil Lobby Defends Fracking
Ban to be Discussed in September Continue reading
[Aus state] Victoria halts ‘fracking,’ coal seam gas exploration
Victoria put a hold on hydraulic fracturing, a technique used to produce hard-to-reach gas deposits, and a halt on new coal seam gas exploration licenses. Continue reading
Posted in Development, Fracking, Oil and gas
Tagged anti development, greenie obstructionists, natural gas
Romney Energy Plan Would Expand Oil Drilling on U.S. Land and Offshore
Mitt Romney plans to unveil an energy plan Thursday morning in Hobbs, N.M., that would allow states more control over the development of energy resources on federal lands within their borders, as well as aggressively expand offshore oil and gas drilling — including along the coasts of Virginia and the Carolinas — as part of a broader effort to reach energy independence. Continue reading
Posted in Development, Economics, Fracking, Keystone XL, Oil and gas, Tar sands
Tagged deepwater drilling, KXL, natural gas, offshore drilling, oilsands, shale oil
Mitt Romney says plan will achieve North American energy independence by 2020
Mitt Romney morphed into a traveling salesman here Thursday as he gave his best pitch for an energy plan that’s big on loosening environmental regulations and expanding domestic oil drilling and coal production. Continue reading
Posted in Coal, Development, Fracking, Keystone XL, Oil and gas, Tar sands
Tagged deepwater drilling, KXL, natural gas, offshore drilling, oilsands, shale oil
Romney energy plan promises ‘independence’
Mitt Romney is unveiling an energy plan aimed at making the United States independent of overseas oil by 2020 — giving himself seven years to achieve a goal of energy self-sufficiency that has eluded every president since Richard Nixon. Continue reading
Posted in Development, Fracking, Keystone XL, Oil and gas, Tar sands
Tagged deepwater drilling, KXL, natural gas, offshore drilling, oilsands, shale oil
Shale Growth in other Nations: How Realistic is it?
American leadership in developing horizontal drilling and hydraulic fracturing used in shale oil and gas plays is spreading around the world making it possible to extract previously uneconomic oil and natural gas resources from shale. Continue reading
EID to Fox: How about Including Some Facts in Gasland 2?
Today, EID sent a letter to New York filmmaker Josh Fox with a humble request: include facts and context in the forthcoming Gasland 2. We believe that Mr. Fox, as a self-described “journalist,” should welcome these recommendations, considering that journalism is a relentless pursuit of the truth and should not be a conduit for advancing an ideological agenda. Continue reading
