A U.S. agency is considering how the country could export crude oil and natural gas from deepwater ports as the domestic drilling boom adds pressure for Washington to relax trade restrictions and approve shipments of fuel. The U.S. Maritime Administration…
The United States is willing to help Hungary and other European countries build energy infrastructure to reduce its dependence on Russian oil and gas, U.S. Chargé d'Affaires in Budapest André Goodfriend has told Nepszava newspaper.'Relying on Russian sources threatens energy independence…
Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy, the Australian newspaper reported on Saturday…
A government study on Thursday essentially supported the notion that easing the decades-old restriction on exporting U.S. crude was more likely to lower than raise gasoline prices for American motorists, a conclusion that could ease concerns among lawmakers about changing the policy…
Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.The chief executive of French oil major Total, Christophe de Margerie, was killed…
ABB announced at the UN Climate Summit in New York today that it is joining the UN’s Sustainable Energy for All initiative (SE4ALL). The company will provide expertise on energy efficient motors and transformers to help governments devise policies that accelerate energy savings…
Japan would find it difficult to formulate an energy policy without nuclear power given its lack of energy resources and the high cost of utilities for companies and households, the country's new trade minister said on Sunday. Yuko Obuchi…
Rosneft Chairman of the Management Board Igor Sechin and Minister for Education and Science of Mongolia Luvsannyam Gantumur signed an Agreement to arrange the training of citizens of Mongolia in partner universities of Rosneft.The signing…
IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term.The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished…
The Subcommittee on Energy and Power today approved H.R. 6, the Domestic Prosperity and Global Freedom Act, by a vote of 15 to 11. Authored by Rep. Cory Gardner (R-Colo.), the legislation would cut through the red tape blocking exports of U…
China’s aim of 7.5% GDP growth for 2014 is positive news for the shipping market – in particular, dry bulk, the Baltic and International Maritime Council (BIMCO) said in a report published today.Despite being a little down on the 2013 GDP growth of 7…
The ministers from the International Energy Agency (IEA) member countries gathered for the 2013 IEA Ministerial Meeting Wednesday welcomed Estonia as the 29th member of the IEA.Acting upon the recommendation of IEA Executive Director Maria van der Hoeven…
National Ocean Industries Association President Randall Luthi issued the following statement on the nomination of Tommy Beaudreau to be the next DOI Assistant Secretary for Policy, Management and Budget:“NOIA congratulates Tommy Beaudreau…
Power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from gas and be twice that from nuclear by 2016, the International Energy Agency (IEA) said today in its second annual Medium-Term Renewable Energy Market Report (MTRMR)…
State Republican Reps. from districts in northern Michigan, introduced legislation banning research in or production of wind energy in the Great Lakes sharing a border with Michigan.The measure would prohibit the leasing for the placement…
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