Within the world of hydrocarbon producing nations, Norway is a both a behemoth and an outlier. It is the world’s seventh largest oil producer and third largest natural gas exporter, with incredible expertise in deep water offshore recovery operations. In this respect, it is often grouped with OPEC ...
In November of 2014, Saudi Arabia and the rest of the Organization of the Petroleum Exporting Countries (OPEC) be- gan to wage a price war on American oil producers. Fearing the seemingly inexorable rise of sophisticated and productive North American shale producers, OPEC decided not to temper their ...
It is a bit of a break from the norm for this column to talk about a car company, but on April 30 Tesla Motors unveiled a product that transforms the electric car manufacturer to an energy storage company that has the potential to transform the way energy is used fundamentally. Elon Musk, the CEO of ...
As this column has emphasized before, global environmental and climate trends will hinge on the emissions of the developing world. Just this month, China’s largest oil refiner, China Petroleum & Chemical Corporation (Sinopec), has indicated to the world that China may reach peak oil and gasoline ...
“On Tuesday, January 13, about 45 people gathered in front of Mead Chapel for a ‘rejection rally’ against the Keystone XL pipeline, joining over 130 rejection rallies nationwide. Encouraged by 350.org and 350 Massachusetts, rallies took place all across the country in the wake of Nebraska’s ...
In my last article, I focused on China’s plan to convert a number of coal-fired power plants to power stations running on synthetic natural gas. The premise of the article was the huge increase in greenhouse gas emissions this shift would create and the apparent indifference of Chinese leadership ...
Fifty-four years ago this past September, in 1960, the global cartel known as the Organization of the Petroleum Exporting Countries (OPEC) was founded. Thirteen years later, in 1973, the Arab members of OPEC played their trump card, initiating the ‘Arab Oil Embargo’ in protest to American involvement ...
In a shocking – though not unforeseen – development, China has recently surpassed the European Union in greenhouse gas emissions per capita. This means that on average, each person in China in 2013 produced 7.2 tons of carbon dioxide compared with 6.8 tons in Europe, 16.4 tons in the U.S. and 1.9 ...
This past summer has been marked by wild news cycles in the energy industry. From the unleashing of ISIS on the Middle East to the beginning of American crude oil exports, these past three months have witnessed a shakeup in the global energy market. However, throughout all of this, the only constant ...
Since 2011 the United States has increased its hydrocarbon production faster than any other country. As mentioned in this column before, this tremendous growth has been driven almost entirely by the combination of two independent drilling technologies, as well as the practices of horizontal drilling ...