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Kirsten Korosec has been a print and online journalist for more than 10 years covering education, politics and business.- more about Kirsten Korosec »
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- Geoengineering Gets a Hearing in Congress -- and in the U.K., Too
- Geoengineering -- the concept of deliberately manipulating the earth's climate system to counteract climate change -- made its debut in Congress this week, which I suppose makes it officially "mainstream." The House's Committee on Science and Technology held a hearing on geoengineering -- the first serious congressional...
- Blog posts 2009-11-06
- EnCana Split Good News for Credit-Strapped Businesses
- The resurrection of EnCana's plan to split into two independent energy companies offers some heartening fodder for credit-strapped businesses. It also provides a positive outlook -- at least from the company's head honchos -- on natural gas prices. EnCana announced last year intentions to divide the company into...
- Blog posts 2009-09-14
- Waste-to-Fuels Startup Terrabon Hauls in Waste Management Investment
- Terrabon has landed another investment partner -- this time, it's Waste Management-- in its pursuit of commercially viable green gasoline, a renewable fuel made from the organic waste found in your local landfill. BNET wrote about Houston, Texas-based Terrabon back in April, when Valero Energy, the largest U.S....
- Blog posts 2009-08-26
- Latest Clunkers Program Provides Path to a Greener Fridge, Appliance Sales Boost
- Can federal stimulus dollars deliver a one-two punch of ratcheting up energy efficiency in U.S. households and provide an economic shot-in-the-arm to country's appliance industry? It seemed to work for the auto industry. So why not apply the basic concept of cash for clunkers to your old fridge and dishwasher? ...
- Blog posts 2009-08-26
- Plight of the U.S. Refiner: Climate Bill, Stagnant Demand and Weak Margins
- The latest doomsday report about proposed climate change legislation centers on the plight of U.S. refiners, essentially predicting the ultimate downfall of the industry as costs become too high and production shifts overseas. U.S. refiners and their bottom lines have already been punished by a recession that has...
- Blog posts 2009-08-25
- Stimulus Energy Fund Tracker: 1.2% Spent, $36.2B To Go
- The American Recovery and Reinvestment Act -- aka stimulus money -- put aside nearly $37 billion big ones for the Department of Energy to spend (that includes $4 billion under the loan guarantee program) back when the bill was signed Feb. 17 into law. So far, $9.5 billion has been awarded....
- Blog posts 2009-08-24
- Energy Roundup: Clunkers Says Adieu, Cleaner Oil Sands, Chevron Revs Up Lobby Engine, and More
- Cash for clunkers says ba-bye -- The cash for clunkers program, which was revived by a $2 billion lifeline earlier this month, will end Monday. The Car Allowance Rebate System or CARS program, as its officially known, has recorded more than 457,000 dealer transactions worth $1.9 billion in rebates, according to...
- Blog posts 2009-08-21
- Researchers: Renewable Energy Jobs Are Safer
- The push for renewable energies has one more feather to put in its cap: improved health for its workforce and the potential of evading death, at least while on the job. As more workers shift from fossil fuel-related jobs to those in renewable energy, their health should improve, according...
- Blog posts 2009-08-20
- Natgas Conundrum: Calming Volatility Fears in Push for Clean Energy Alternative
- A hedge fund -- still undisclosed at this time -- made a hefty bet that natural gas prices will triple once Jack Frost starts nipping a few noses. The Financial Times reported an unnamed fund spent millions to take out call options on natural gas at $10 per million British thermal units in...
- Blog posts 2009-08-20
- BP, ConocoPhillips Lead Pack in Lukewarm Offshore Lease Sale
- The U.S. government's auction Wednesday of offshore oil and natural gas leases in western Gulf of Mexicowas tepid, at best, and attracted mainly large energy companies interested in snapping up tracts for deepwater drilling. Natural gas, which has seen its price plummet more than two-thirds since last year, got the...
- Blog posts 2009-08-19
- Energy Roundup: China Ups Acquisition Ante, Q-Cells Axes 500 Jobs, Chevron's New Toy, and More
- China's insatiable energy resource appetite --Â China's hunger for energy resources has boosted its spending on oil and mining acquisitions by at least half this year, despite growing concern and opposition in the U.S. and Australia. If China National Petroleum buys Repsol YPF's Argentine unit, the country's purchase of overseas...
- Blog posts 2009-08-14
- Nat-Gas Vehicles, LNG Projects Get a Little Stimulus Money Lovin' From DOE's Clean Cities Initiative
- The case for natural gas just keeps on picking up steam this summer, even if there are lingering concerns of volatility. The latest boost comes in the form of the Department of Energy's Clean Cities Grants project, which will provide $300 million in stimulus funds to speed up the transition to alternative...
- Blog posts 2009-08-27
- U.S. Strategic Petroleum Reserves a Weapon Against Price Spikes and Speculators
- Here's an interesting bent on the role of energy speculators and last summer's skyrocketing oil prices: using government-controlled strategic petroleum reserves to limit the power of speculators. According to a paper released Thursday by Rice University's James A. Baker Institute for Public Policy, (reported by Dow Jones via Rigzone and...
- Blog posts 2009-08-28
- U.S. Ethanol Industry Wants Oil to Have Its Very Own "Born In" Label
- If given a choice, would Americans turn away from a gasoline pump filled with fuel born in Saudi Arabia in lieu of a more homegrown option? The U.S. ethanol industry thinks so. Growth Energy, a pro-ethanol industry group, has launched the aptly titled Label My Fuel initiative and its aim is...
- Blog posts 2009-09-01
- Nukes, Coal and the National Security Argument
- When the standard let's-save-the-environment argument failed to motivate Congress members to pick up the climate change legislation flag, advocates turned to the economy and job creation. Now a bipartisan group of former Congressmen and U.S. foreign policy leaders -- with resumes tough to ignore -- is pushing...
- Blog posts 2009-09-10
- OPEC: Risk Remains, Oil Production Unchanged and a Word About Climate Change
- The Organization of Petroleum Exporting Countries will keep its oil production levels unchanged -- as expected --Â in large part to avoid destabilizing a fragile economic recovery. OPEC ministers from its 11 member countries gathered Sept. 9 and 10 for its 154th ordinary meeting in Vienna, Austria. OPEC...
- Blog posts 2009-09-10
- Chevron Lands Gorgon LNG Export Deal Worth $60B with Japan, South Korea
- Chevron has signed agreements with Japan and South Korea for $60 billion worth of liquefied natural gas from its massive Gorgon project just weeks from making its final investment decision. The San Ramon, Calif.-based company will supply nearly 3 million tons per annum of LNG to Osaka Gas, Toyko Gas and...
- Blog posts 2009-09-09
- Escape Route: Brazilian Oil Field Will Limit Repsol's Exposure to Argentina
- The Guara field in Brazil's Santos Basin may not be the panacea to Repsol YPF's"Argentina" problem. Still, the Guara field's better-than-expected oil estimates promise to provide a powerful boost to the Spanish company's reserves and ultimately limit its exposure to Argentina. Repsol's Argentine arm YPF has faltered in recent years as...
- Blog posts 2009-09-09
- Russia Exploits OPEC Cuts, Tops Saudi Arabia in Oil Exports
- Russia's continued exploitation of OPEC's oil production cuts gives credo to the old Heinz slogan "the best things come to those who wait." Not too long ago, rhetoric from Russia gave the impression it was aligned with the Organization of Petroleum Exporting Countries in a mission to control oil...
- Blog posts 2009-09-08
- Valero to Shutter Some Refinery Operations, Cut Hundreds of Jobs
- Valero Energy has continued its let's-hunker-down-til-the-smoke-clears cost-cutting strategy with plans to cut back operations at a Delaware facility and extend its Aruba refinery shutdown. The reduced operations will mean at least 250 workers -- both contract and Valero employees -- will lose their jobs at the Delaware facility. More than...
- Blog posts 2009-09-08
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