• Energy Crisis? What Energy Crisis? Natural Gas Too Cheap To Sustain Production

    • Date: 09/10/10

    For U.S. energy producers, high-priced $11 natural gas is “kind of like a Saturday night drunk,” Devon Energy Executive Chairman Larry Nichols said at the opening session of the Unconventional Gas International Conference and Exhibition on Tuesday afternoon. “It may feel good at the time,” he said, but it isn’t a sustainable high. Just as […]

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  • FT: Shale Boom Keeps Getting Better And Better

    • Date: 08/10/10

    The shale boom keeps getting better and better. A new report by PFC Energy, the consultancy, shows that the already generous estimates of production from the huge gas field known as the Marcellus Shale were not big enough. Apparently a Pennsylvania law kept well data closed for five years up to August. Now that the data is […]

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  • Paris Oil Drillers Seek 100 Billion Barrels Next To Brie Farms, Vineyards

    • Date: 08/10/10

    Pierre Henry farms wheat and corn east of Paris in an area famous for its Brie cheese. The next big hit might be crude oil. Henry’s farm, 78 kilometers (49 miles) from the French capital, sits atop what geologists call the Paris Basin, an area bordering Champagne and Chablis vineyards that struck oil in 1958. […]

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  • The Implications Of Shale

    • Date: 08/10/10

    Worldwide spending on renewable electricity generation, primarily by wind and solar, hit record levels in 2008 and remained stable last year in spite of the recession. In addition, investment in low-carbon R&D has increased by a third since 2005, production of hybrid and electric vehicles is on the rise, and energy efficiency in OECD countries […]

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  • Chris Huhne: British Oil Good, Foreign Oil Bad

    • Date: 06/10/10

    UK secretary of state for energy and climate change, Chris Huhne, has confirmed that deep sea drilling for oil will continue to west of Shetland regardless of the outcome of a vote in the European Parliament to impose a moratorium. Speaking on a visit to Shetland on Wednesday, Mr Huhne said it was sensible to […]

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  • EU Worried About Waning Public Image Of Renewables

    • Date: 06/10/10

    The European Commission is looking into mechanisms to boost public acceptance of renewable energy projects to meet its climate goals, but behavioural scientists warn that obvious solutions like individual compensation do not always work. The EU’s Renewable Energy Directive requires each member state to produce a certain proportion of their energy from renewable sources to […]

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  • Solar Boom Drives Up German Power Prices

    • Date: 05/10/10

    The ongoing solar energy boom in Germany is pushing up power prices, an energy industry group claims. Prices for electricity rose by 2.1 percent in Germany during the first half of this year, the German Association of the Energy and Water Industries, or BDEW, said Monday. The energy industry lobby group credited mainly the billions […]

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  • Here Comes The Shale Oil Revolution

    • Date: 04/10/10

    Kevin Shaw, an energy lawyer with Mayer Brown, the law firm, says the standard joke in the oil and gas industry is you know a boom is near the top when people start talking about oil shale in Colorado. That is because what is known by purists as “oil shale” is different from the “shale […]

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