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Month: March 2016

Category:
  • Nuclear

Amid a Graying Fleet of Nuclear Plants, a Hunt for Solutions

The H.B. Robinson nuclear power plant, about 70 miles from Columbia, S.C., has been producing electricity with few interruptions since the Nixon administration. But as of now, its fate is Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • USA

Schlumberger Expects 1Q Revenue To Fall 15% From 4Q

Schlumberger Ltd, the world’s largest oilfield services provider, said revenue in the current quarter is expected to fall 15 percent from the fourth, as spending cuts by oil producers take Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • Earthquakes

23 percent increase in earthquakes

The total number of earthquakes across Oklahoma has increased 23 percent from this time last year, though most of the quakes are very small according to USGS data. Oklahoma started Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • USA

Ride to the Bottom: U.S. energy workers hit hard by company stock bets

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Nearly 15 years since Enron’s collapse decimated Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • Russia

Rosneft’s $25 billion debt seen rising after Essar deal: Moody’s

The logo of the Russian state oil company Rosneft is pictured behind a pipe at the Samotlor oil field outside the West Siberian city of Nizhnevartovsk, Russia, January 26, 2016. Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • Russia

Russian Poverty Jumps to Most in Decade as Consumer Plight Eases

Russia’s biggest drop in domestic demand under President Vladimir Putin eased further, marking a respite after millions sank into poverty in 2015 as the country’s economy headed for its second Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • Norway

Statoil testing battery storage for wind energy

Norwegian energy company Statoil said it started a pilot project for battery storage of energy generated from wind at a project off the coast of Scotland. Dubbed Batwind, the company Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • United Kingdom

‘Game-Changing’ Horse Hill-1 Well Produces ‘North Sea-like’ Oil Flows

UK Oil & Gas Investments plc announced Monday that the final production test at the Horse Hill-1 discovery, onshore the UK’s Weald Basin, flowed oil at a stable rate of Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • Peak Oil

It’s Not Peak Oil, It’s Peak Affordable Oil

Lately there has been some suggestion that “Peak Oil is dead” — that because of the recent drop in demand and price for oil, we will never again see high Continue Reading

Posted On : 22 Mar 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Drops a Second Day as U.S. Rig Count Decline Halts Amid Glut

Oil fell for a second day, extending declines from a three-month high, as the number of drill rigs active in the U.S. rose for the first time in three months Continue Reading

Posted On : 21 Mar 2016 Published By : Tom Whipple

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