All Energy Voices
Oil prices still plummeting. How long will the tailspin last?Oil prices plunged by half in just six months in 2014, and the big question now is what will happen to markets in 2015. Here are the top five factors that will determine the trajectory of oil prices in 2015.
Energy in 2015: Expect the unexpectedIn an industry as unpredictable as energy, it's best to prepare for the unexpected. Here Kurt Cobb offers five possible surprises for energy in 2015.
Energy in 2015: Cheap oil changes everything [Recharge]What does global energy look like after the oil crash? Recharge takes a peek at the future of oil, renewables, and nuclear power.
US energy policy review reveals US doesn’t have an energy policyUS oil and gas production have boomed, but the country still lacks a coherent energy strategy, according to an International Energy Agency review. The report credits the US for reducing greenhouse emissions, and encourages further investment in electricity infrastructure.
Low oil prices spur drive to scrap fuel subsidiesThe last six months of plunging oil prices has given many developing countries a window of opportunity to scrap fuel subsidies. This move has attracted opposition from consumers but it could have significant benefits over the long-term.
Kenya to build Africa’s largest wind projectKenya is planning to build the largest wind project on the continent of Africa. If the project delivers as promised, it would allow the country to spend less in fuel costs each year and allow its population more access to electricity.
Bristol Bay: Obama blocks drilling where no one really wanted to drill anywayPresident Obama has made Alaska's Bristol Bay off limits to oil and gas drilling. Green groups applauded the move, but the oil and gas industry's response was muted. A sign of compromise? Sort of.
Oil prices, energy sanctions, and the Russian ruble crisisPlummeting oil prices and tightening sanctions are taking their toll on the Russian economy, combining to push the Russian ruble off a cliff. Moscow's move to prop up state-owned oil company Rosneft has only exacerbated the currency crisis in Russia.
OPEC of the West? North America eyes stronger energy tiesThe US, Canada, and Mexico look to bolster a North American energy boom that has redefined global fuel flows. But oil prices continue to plunge, threatening to curtail the expensive kinds of oil and gas that have prevailed across the continent.
Abandoned Chevron gas project deals blow to Ukraine energyChevron's move to pull out of a $10 billion gas deal in Ukraine is only the latest in a series of investment setbacks resulting in much less certainty for Ukraine's energy security.
The high price of cheap oilDeclining oil prices are supposed to have a balanced ledger of winners and losers, Cobb writes. But we may be on our way to finding out that in the long run we will have a much larger list of losers than winners.
Low oil prices mean cheap airfare, right? Maybe. Maybe not.Oil prices continue to plummet, leading to all sorts of economic boosts for consumers. But the drop in oil prices has yet to benefit air passengers, who may or may not see lower airfare in the coming year.
Lima climate talks reach deal; $10 billion for clean energy; US debates oil exports [Recharge]Lima climate talks ended in a deal leaders hope will spur global action on climate change; Industrialized nations raised $10 billion to finance clean energy across the globe; Congress made its first major foray into debating the end to the US oil exports ban. Catch up on global energy with Recharge.
Kuwait oil chief: Get used to low oil pricesOil prices will stay at $64 per barrel for six or seven months unless OPEC changes its production policy or the global economy recovers, according to the chief executive of Kuwait's state-run oil company.
How the US could beat OPEC in an oil prices warThe US could fight back in an oil prices war with OPEC by employing one simple, big move. But, I can confidently predict that the country will not do it. Why? Because it involves a tax, a tariff actually.
Oil prices continue slide, fueling calls for US crude exportsSurging US oil production and plummeting oil prices has ignited a debate over a decades-old ban on US crude exports. It's an issue that will get increasing attention in a GOP-dominated Senate next year.
Oil prices keep falling, but US drillers keep drillingOil companies are still drilling in the United States despite a supply gut causing the drop in oil prices. It defies predictions that drilling, much less exploration, would decline because of collapsed oil prices.
Obama on Colbert: What he said about Keystone XLDuring an appearance on the Colbert Report, President Obama tip-toed around his position on the controversial Keystone XL pipeline. Republicans are likely to push Obama to approve the pipeline when they control the US House and Senate next year.
Ukraine makes payment for Russian gas as winter arrivesUkraine has sent $378.22 million to Russia as advance payment for natural gas supplies. The payments and the flow of gas come just in time, as wintry weather settles on Ukraine.
Low oil prices are bad news for NorwayNew oil projects are being scrapped in Norway amid falling production and low oil prices. Despite efforts to diversify, Norway’s economy is overwhelmingly dependent on oil, which accounts for more than half of the country’s exports.
