Eastern Mediterranean Energy: The Next Game

Two years ago, in June 2010, the Leviathan, the largest gas field in Eastern Mediterranean was discovered by Houston’s Noble Energy in Israeli territorial waters. After a couple of nicely executed wells, in January 2011 the find was elevated to 16 trillion cubic feet (Tcf) and then because of ongoing work, the field size could go up to 25 Tcf of gas. Current thinking suggests also 600 million barrels of oil ...

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Greece to be the New Phoenix

Under enormous international pressure the Greek Parliament just passed an austerity package. The world can now breathe a temporary sigh of relief but it will not last too long. The problem will not go away. ...

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Pipeline or Not, Lots of Canadian Crude Oil is Headed to the US

Environmentalists mistakenly think that blocking the Keystone pipeline will prevent crude oil, produced from Canada’s oil sands, from being extracted and from being conveyed into the US to be refined into gasoline, asphalt, and other products that are important to the transportation and manufacturing sectors. Their ultimate goal is to stop all development of the Canadian resource. ...

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Atlantic Array: Victim of Chaotic EU and UK Energy Policies

The German energy giant RWE just pulled the plug on one of the world’s largest wind parks, the £4 billion Atlantic Array in the Bristol Channel. RWE did so for the stark reason that “the economics do not stack up”. It’s a mantra that well reflects the entire chaotic, incoherent and frankly competing elements at the heart of Europe’s energy policies. ...

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China Emerging as New Poster Child Of Energy Dependence

This is really nothing new. China has stagnant air and water pollution that has its populace taking to the streets in protest, with mortality rates increasing and the central government worried. The country’s insatiable energy demand matches and exceeds its stellar 20-year plus economic miracle and amid all of these dynamics, the country aims to replace dirty coal burning power plants with cleaner burning n ...

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Oil Sands and the Environment – Part I

I spent the past week in the heart of the Athabasca oil sands in Fort McMurray, Alberta. I was there as a guest of the Canadian government, which hosts annual tours for small groups of journalists and energy analysts. During my trip I was told that the only person who ever asked as many questions as I did was when David Biello from Scientific American was a guest. (You can read one of David’s articles from ...

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Japan’s LNG Price Tag Not Likely to Change in Near Term

Japan in many ways is still reeling from the March 2011 9.0 magnitude earthquake and Tsunami that for all intents and purposes shut down its nuclear industry and its ability to continue to meet nearly one-third of the country’s electricity generation capacity that atomic power comprised in years leading up to the disaster. ...

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The Fracking Fight

Despite giving America the lead in global energy production, on November 5, one town in Ohio and three in Colorado, passed ballot measures designed to ban or temporarily halt hydraulic fracturing—often referred to as “fracking.” A fourth Colorado town awaits a recount. Initial election results showed the moratorium in Broomfield, Co—failed by 13 votes. ...

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Will Self-Driving Cars Revolutionize Vehicle Efficiency?

Self-driving cars, also referred to as autonomous cars, have been in the news for several years. Interest in them spiked in September 2012, when Google announced it would make the technology available to the public within five years. Yet while this could be revolutionary in many ways, the most relevant question for us here concerns their potential to reduce transportation energy demand. At this point the li ...

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