Despite previous aggressive actions by Chinese vessels, Malaysia has ignored them, not wishing to disturb its trade and investment relationships with China.
Despite previous aggressive actions by Chinese vessels, Malaysia has ignored them, not wishing to disturb its trade and investment relationships with China.
Global and regional leaders met in Alaska at the 2015 GLACIER conference, trying to shape the future of the Arctic. That future will probably look like one of five existing models.
Earlier this month, the Wall Street Journal reported that more crude oil is being sent by sea and inland waterways as a supplement to railways and pipelines. Since 2010, the amount of oil shipped on barges from the Midwest down the Mississippi River to the Gulf of Mexico has increased 13 times. Much of this […]
Royal Dutch Shell has announced that it will be dry towing its two drill ships anchored in Alaska to ports in Asia for repairs. This means that it likely won’t be drilling in the Alaskan Arctic this summer unless the fixes are somehow completed in time. Two ships are needed whenever drilling is taking place: […]
2013 has not gotten off to an auspicious start for Shell. Its oil rig, the Kulluk, has run aground with hundreds of thousands of gallons of fuel and oil on board. On Monday night, two of Shell’s ships, the Aiviq and the Alert, were towing the Kulluk near the coast of Kodiak Island in southern Alaska […]
Third Time’s a Charm for Shell On May 25, the 9th Circuit Court of Appeals upheld the Bureau of Ocean Energy Management’s (BOEM) August 2011 decision to permit Shell to drill in the Beaufort and Chukchi Seas off Alaska’s north shore. The Native Village of Point Hope and the Inupiat Community of the North Slope […]
Much of this deal is about Brazil’s own domestic market, but it is also proof of the biofuel bonanza as both Cosan and Shell prepare for a global market in ethanol.
Last month, the Iraqi government held its second round of auctions for its oil fields. Mid-month, seven fields were awarded to international oil companies. American companies did not win any new leases in this round, but Petronas, a state-owned Malaysian company; Sonangol, of Angola; and Lukoil of Russia and Statoil of Norway did. Petronas and […]
If natural gas is so cheap right now, limping along between $2.50 and $5.50 per thousand cubic feet, why did Exxon pay the equivalent of $41 billion for natural gas giant XTO Energy? There is a global glut of natural gas, which won’t be disappearing any time soon. I can think of a couple reasons. […]