Energy

  • Can Space-Inspired Pipeline Leak Detection Technology Save The Oil Industry?

    Can Space-Inspired Pipeline Leak Detection Technology Save The Oil Industry?

    Growing environmental concerns has meant that oil and gas pipelines are no longer being built as rapidly as they used to be. A new remote-sensing technology, with research beginning in space, however aims to detect dangerous leaks in pipelines quickly and efficiently. The clincher: This technology is not only affordable; it saves money and could eventually save the industry.

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  • The Five Most Promising Oil & Gas Plays In 2012

    The Five Most Promising Oil & Gas Plays In 2012

    2012 has been a stellar year for oil and gas. From East Africa to North America, new technology, major new discoveries, an unparalleled appetite for exploration and a metamorphosing perception of risk have changed the playing field.

    We're looking at potential rather than existing production, and here are our Top 5 picks for this year: 

    1. Turkana County, Kenya

    We have to start with Kenya, the biggest success story of the year.

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  • The Shale Boom: Separating The Hype From Reality – Interview With Michael Levi

    The Shale Boom: Separating The Hype From Reality – Interview With Michael Levi

    There’s been plenty of talk about potentially radical US foreign policy changes as a result of the shale boom. While one shouldn’t expect any dramatic US foreign policy move away from the Middle East, factors are influencing a greater focus on Asia. Only one thing is certain in this transforming world: The shale boom is real and the implications are many and difficult to predict.

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  • Is BP Playing Russian Roulette For Arctic Oil?

    Is BP Playing Russian Roulette For Arctic Oil?

    BP’s quest to drill for oil in Russia’s arctic region has thus far been a roller coaster ride of corporate cobwebs and political power plays. Yet despite facing incredible difficulties in pursuing Russian ventures, BP is clearly convinced that the stakes are high enough and the likely returns strong enough to make the hassle worthwhile.

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  • Why Shale Gas Will Be The Next Bubble To Burst: Interview With Arthur Berman

    Why Shale Gas Will Be The Next Bubble To Burst: Interview With Arthur Berman

    The "shale revolution" has been grabbing a great deal of headlines for some time now. A favourite topic of investors, sector commentators and analysts – many claim we are about to enter a new energy era with cheap and abundant shale gas leading the charge. But on closer examination the incredible claims and figures behind many of the plays just don't add up.

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  • Why America Won’t Attain Energy Independence Anytime Soon: Gail Tverberg

    Why America Won’t Attain Energy Independence Anytime Soon: Gail Tverberg

    In its latest World Energy Outlook released last week, the International Energy Agency (IEA) predicted, among other things, that the U.S. would overtake Saudi Arabia as the world’s largest oil producer by 2020; and become a net oil exporter around 2030. This forecast however may be unrealistically optimistic, as oil prices must rise at an alarming rate to meet the increasingly expensive production cost.

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  • High-Risk Investing Is The New Trend In Energy: Interview With Andrew McCarthy

    High-Risk Investing Is The New Trend In Energy: Interview With Andrew McCarthy

    Historically, energy companies have been less than keen to invest in areas such as Sudan, Iraq and Yemen – where political and social instability down the years often spelled danger for both infrastructure and personnel. Today however, with political risk no longer limited to just developing countries, more and more energy companies, particularly the junior oil and gas companies, are venturing into Africa and the Middle East – creating an opportunity for risk comparison with so-called “safer investments”.

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  • Do Biofuels Still Have A Future In The US? – Interview With Jim Lane

    Do Biofuels Still Have A Future In The US? – Interview With Jim Lane

    Following record droughts across the United States, the benefits of the ethanol subsidy were once again hotly debated; and biofuels in general found themselves generating quite a few unflattering headlines.

    But as always the mainstream media overreacted and we wanted to help put the record straight as to whether biofuels are an expensive folly or if they really do offer an affordable source of liquid fuel that can help us lower our reliance upon gasoline.

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  • Why Oil Prices Stay High – Interview With James Hamilton

    Why Oil Prices Stay High – Interview With James Hamilton

    What is the global energy situation today? Is our energy future one of falling prices and plentiful supply or should we prepare for declining supply and sky-high prices? To give readers a real understanding of where we are, Oilprice.com was fortunate enough to speak with the world's leading energy economist, Professor James Hamilton.

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  • Why Low Oil Prices May Actually Be Bad News For The Global Economy: Gail Tverber

    Why Lower Oil Prices May Actually Be Bad For The Global Economy: Gail Tverberg

    Higher oil prices may be a drag on oil importing economies, but exceedingly low oil prices can also be a signal of recession. If oil prices and the rate of oil supply growth keeps ratcheting downward, another global depression could occur, one that may be even more severe to 2008-2009.

    Are lower oil prices good news? Not really, if it means the world is sinking into recession.

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