Baker Hughes Inc. says it will become the first major oil field services company to stop ignoring the elephant in the room and begin disclosing all the chemicals it uses in its hydraulic fracturing operations. Rivals Schlumberger and Halliburton, the largest and second-largest service companies, respectively, have not yet commented on when, or whether they […]
Oil has been a central concern of U.S. foreign policy for nearly 50 years, but the role it plays might be in for a big change. The Russian expansionism of Vladimir Putin is putting Europe in an awkward position. The nations can either fight back and risk losing access to Russian oil and natural gas […]
The U.S. has been experiencing a domestic fossil fuel boom. Natural gas withdrawals have grown by 23 percent since 2000 – that’s an increase of 5.6 million cubic feet per year. Domestic oil production is up a similar percentage since 2007, largely because of advances in technology.
The energy headlines this week offer a little something for everyone. Among them: Honda and GM are teaming up to figure out feasible hydrogen fuel cells, companies manufacturing solar panels finally report some sunny financials and – shock of shocks – the controversy over fracking continues with the latest installment in the Gasland documentary franchise. […]
“Water, water, everywhere,: Nor any drop to drink.” That famous line, from Samuel Taylor Coleridge’s epic poem, Rime of the Ancient Mariner, is seen as a metaphor for modern man’s predicament: We are rich in resources, but have very little ability to use those resources effectively. Of course Coleridge wrote that in the late 18th […]
Ernest Moniz will likely have more than his fair share of both opportunities and challenges as he begins his tenure as the 13th Secretary of Energy. His term began on a high note as he received a check for $465 million from Tesla, as repayment for a DOE loan, which was repaid nine years early. […]
Americans have, for the most part, embraced the need to recycle bottles, cans and paper products. Because of the negative publicity heaped on energy companies – sometimes fairly, sometimes not – you might be surprised to hear that many of them are also doing their part to keep the country beautiful. Checking in with a […]