Insight and inspiration in turbulent times.
National Grid Transco (NGT) yesterday took steps to strengthen Britain’s fragile energy supply situation by unveiling plans to spend £355m in tripling the capacity of the country’s first new liquefied natural gas (LNG) terminal.
While Congress debates whether to allow oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, a similar battle with much higher stakes is under way in northwest Canada.
What is the nature of the connection between an ill-planned war in Iraq; the steadily increasing pressure on dissent in the United States; the ongoing estrangement between the United States and its traditional allies; the increasing strains with the country’s Canadian neighbor; and the forbearance shown to China as opposed to the increasing distrust of Russia?
Deloitte & Touche LLP has urged regulators worldwide to update their oil and gas reserves reporting requirements and to expand the scope of mandatory disclosures in annual reports and financial statements.
A five-year oil boom is ending in Russia, the world’s second-largest oil exporter, as President Vladimir Putin increases government control over the industry, curtailing investment in new wells, rigs and pipelines.
In northern Russia, where vast deposits of natural gas lie waiting to be tapped, Gazprom, the state-owned Russian energy giant, is hatching a multibillion-dollar strategy that would lock a swath of Europe from Germany to Britain into long-term delivery contracts, in a move that would bypass Ukraine and Belarus and anchor Russia to Europe more closely over time.
Enagaging series that examines the wealth generated from fossil fuels in Alberta, how Canadians are consuming and exporting these natural resources, and what Canada’s energy future holds
Demand for power and water in the Middle East is expected to skyrocket over the next ten years as rapid economic development, construction and tourism place an increased burden on the region’s infrastructure, experts averred.
Citing disappointing drilling results in two locales, ChevronTexaco Corp. slashed its U.S. natural gas reserves by 13 percent in 2004, the third year in a row in which it suffered a substantial reserves hit in the region.
Is the world running out of oil, and if so what does it mean? Meet Kenneth S. Deffeyes, author of Hubbert’s Peak, and Peter R. Odell, author of Why Carbon Fuels Will Dominate the 21st Century’s Global Energy Economy.
The results of the third round of elections in Ukraine in which Viktor Yushchenko has just been proclaimed the final winner, far from being grounds for jubilation in Ukraine and beyond, ought to give concern for the future of Ukraine to many. The story has major implications for the dollar, oil and gold.
Later this year, Americans will likely hear the acronym LNG and see new tankers carrying LNG sailing into some U.S. ports. LNG is intended to save the heart and core of American civilization — to save our automotive civilization from possible rust and decay, and the Republicans from political decline.
