Exxon Mobil CEO Rex Tillerson says that a drilling method that has made vast natural gas resources accessible across the U.S. has been unable to crack some shale rock formations in Europe and China.
Speaking to energy analysts, Tillerson said two attempts to tap gas-rich shale fields in Poland through (more…)
2011 was a year of much political chest thumping but not much progress on the significant issues. Subsidies for wind energy are among the many unanswered questions and are likely victims of the challenging budget decisions. The industry has grown used to generous subsidies for wind generated electricity. The current subsides are going to expire at the end (more…)
There is a lot of discussion lately about domestic energy production and American energy security. For the Obama Administration, moving towards the goal of energy independence has been a clear priority since day one. When President Obama took office, the United States imported 11 million barrels of oil a day. The President has put forward a plan to cut that by (more…)
The sheer abundance of recently discovered natural gas resources in the U.S. could drive down gas and electricity prices in the next few decades, yield an overall increase in energy use, and stunt the nation’s still-emerging renewable energy sector, a new report says.
Using economic modeling, researchers at the (more…)
Green activists, take note – for Australia fully to embrace solar power, Canberra would have to spend $100 billion, with photovoltaic cells to generate the electricity covering an area twice the size of Sydney in order to replace Australia’s indigenous inexpensive coal-fired power plants with renewable energy sources. (more…)
Are we closer to having renewable natural gas using solar power, water and CO2? That’s what HyperSolar, a technology company based in Santa Barbara, CA, is hoping to achieve. The company has filed a patent application for clean, renewable gas which it hopes replaces traditional natural gas without having (more…)
There are so many easy reasons to be a pessimist today: the world financial crisis, the discord and dysfunction in Washington, and the almost certain doom that many scientists claim we are facing from global warming. With the first high profile cleantech company failures, the euphoria of the cleantech bubble has burst (more…)
Yesterday, a ceremony was held in Lubmin, Germany to inaugurate the Nord Stream gas pipeline, connecting natural gas in Russia to Western Europe. The new pipeline is unique in that it goes directly to Germany from Russia without passing through any other country. The pipeline runs along the bottom of the (more…)