By 2017, large emitters will have to reduce the intensity of greenhouse gases by 20%, while carbon levies will double from $15 a tonne to $30 a tonne.
In the latest weekly production data from the EIA, on the back of recent March revisions, the U.S. managed to post a 76,000 barrel per day increase in the lower 48.
During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap.
A new peer-reviewed study funded by the U.S. Department of Energy says oil extracted from Canada's oil sands produces greenhouse-gas emissions that are an average 20% higher than for conventional U.S. crude.
Worried about a volatile oil and gas market? Paradigm Capital's Ken Lin advises waiting for quality companies to take a hit before swooping in to stock up, and then taking profits on the way up to avoid being caught in future carnage.
Production is expected to reach 110,000 barrels per day, bringing total production to 220,000 barrels per day.
The industry body said that instead of fighting fossil fuels, industrialized nations should try to make them cleaner.
Meanwhile, the country’s overall oil production is expected to reach 5.3 million barrels a day by 2030, which is 1.1 million barrels per day lower than last year's expectations.
The proposed sum is on top of the $75 million the firm agreed to pay to Michigan last month.
U.S., Canada, Germany, France, the UK, Japan, and Italy agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century.
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare.
Chilean company Mineria Activa is stepping up efforts to grab some of that market in a much greener way than China,
The company, which entered into creditor protection in February, announced June 3 it has been unable to reach a restructuring and refinancing deal with creditors.
Some of the world's top oil producers have decided to abandon coal and focus instead on ramping up production and trading of liquified natural gas as a cleaner fossil fuel alternative.
Objective analysis, and some not very difficult math, indicates there is no physical need, economic justification, environmental acceptability, or social licence for either the Keystone XL or Northern Gateway pipeline proposals.
As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.
Plus, he reveals the dramatic shift he made in the fund this year that allows him to get paid to wait for the market to catch fire.
Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.
The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.
It has a “smart” pump, boom works faster, and burns less fuel.
The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.
U.S. shale oil producers have responded to the oil price collapse so quickly, and with such discipline, that they've shown they are able to turn production on and off as if with a light switch.
While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.
Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the ming group.
More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.
The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.
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