All Environment
BP job cuts: Energy giant scales back amid low oil pricesBP job cuts come as the company looks to pare down its business operations amid plunging oil prices. BP said it will invest in gas projects, which are typically less exposed to oil prices.
Lima climate talks carbon footprint is huge, but will be offsetAt more than 50,000 metric tons of CO2, the Lima climate talks' carbon footprint will be about 1 1/2 times the norm, say officials.
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.
South Stream loses steam; Oil prices keep plunging; Optimism at Lima [Recharge]Moscow cancels the South Stream pipeline; More global actions put downward pressure on oil prices; Climate talks in Lima come amid progress on emissions. Catch up on global energy with the Monitor's Recharge.
Why a Florida utility suddenly wants to serve HawaiiLike many big utilities, NextEra is looking at strategic mergers that offer a business advantage. Its $4.3 billion deal to buy Hawaiian Electric will give it important experience dealing with distributed renewable energy.
Will low oil prices derail renewable energy growth?A rosy outlook for clean energy now takes on an air of uncertainty as renewables look to avoid becoming a casualty of an era of low oil prices.
Want bipartisanship? Look to energy, former Senate leaders sayEnergy could provide fertile ground for bipartisan compromise in the next Congress, two former Senate majority leaders and the head of a think tank said at a Monitor breakfast Thursday. That could mean legislative action on anything from Keystone XL, to energy efficiency, to oil exports.
Why emissions are falling from a source you might not expectTechnology is making it possible for the energy industry to produce more natural gas and do it in a cleaner and more efficient way. It’s why the United States leads the world in carbon and other emissions reductions.
Data shows 2014 was an exceptionally hot yearRejecting claims global warming has paused, The World Meteorological Organization said the global average temperature for much of 2014 was above average, and is on track to tie the record hot year of 2010.
As rain finally falls in California, are residents weary of conserving water?After three years of severe drought, some California residents appear to be succumbing to water conservation fatigue. Officials worry that this week's heavy rains could tempt others to fall off the conservation wagon.
California gets rain at last: Will it be enough to help with drought?On Tuesday, downtown Los Angeles experienced the most rainfall in a single day since records have been kept – 1.21 inches of rain. But meteorologists suggest that the overall winter outlook is still sobering for California.
Low oil prices are a good thing, right? Not always.Plummeting oil prices seem like good news for US consumers, who are paying less at the pump than they have in four years. But cheap crude has its drawbacks – from undermining domestic oil production, to discouraging investment in new energy sources.
Ukraine nuclear plant accident cuts powerA Ukraine nuclear plant accident has cut power production but poses no danger, according to the country's energy minister. Normal power output from the nuclear plant is expected to be restored by the weekend.
Oil prices plunge. Is a shale bubble bursting?Oil prices have plunged in recent months, which is bad news for energy firms who have relied heavily on debt to finance their operations. Amid low oil prices, could a shakeout of the oil industry spark a broader financial crisis?
South Stream: Russia's 'nyet' and the pipeline to nowhereThe cancellation of South Stream, a proposed gas pipeline to Europe from Russia, comes amid fraying ties between two critical centers of energy supply and demand. It's the clearest signal yet that Russia's grip on European energy markets is slipping.
Power slowly returns to Detroit after massive power failureA massive power outage in Detroit Tuesday resulted in building evacuations, school closures, and traffic light failures.
Who wins from low oil prices? ChinaFalling oil prices benefit China because the country does not make money on oil. Instead, it buys it, and is the world's largest net importer of oil. The lower oil prices fall, the more affordable it becomes for China to develop its economy.
Detroit power outage: Cable failure darkens parts of cityDetroit power outage affected several government buildings in Detroit after a 'major cable failure' plunged the cash-strapped city into darkness. Schools and businesses said they would close or suspend services because of the Detroit power outage.
