Charles Kennedy

Latest articles from Charles

• Panama Canal Dispute a Drag on LNG

  Published 18 February 2014 | viewed 5,053 times

  The expansion of the Panama Canal promises to usher in a new era of extra-large container ships that can speed up international shipping and cut…

• Occidental to Sell Stake in Largest US Gas Field

  Published 17 February 2014 | viewed 5,251 times

  California-based oil and gas developer Occidental Petroleum Corporation (OXY) has announced plans to sell a $1.4 billion stake in the largest natural gas field in…

• Cold Weather Cuts into Oil and Gas Production

  Published 17 February 2014 | viewed 8,836 times

  The U.S. will produce slightly less oil and gas this year than previously expected after a brutal winter dumped snow on much of the country.…

• Turkey Opts Out of Iranian Gas Project

  Published 15 February 2014 | viewed 6,366 times

  The Turkish state-owned upstream oil and gas operator TPAO will not undertake any investment in Iran's massive South Pars gas field even as the oil…

• China’s Oil Addiction Growing

  Published 15 February 2014 | viewed 4,996 times

  Unless the Chinese government takes steps to cut oil consumption, China’s oil consumption may increase by 60% by 2030. Even worse, over 75% of its…

• Bill Gates’ Energy Co Files for Bankruptcy

  Published 13 February 2014 | viewed 23,771 times

  Bill Gates’ Texas energy company has filed for bankruptcy protection as the depressed power market results in untenable financial losses. The company, Optim Energy (EnergyCo…

• World’s Largest Solar Plant Comes Online

  Published 13 February 2014 | viewed 7,975 times

  The Ivanpah Solar Electric Generating System officially came online on February 13, becoming the world’s largest source of solar power. With a capacity of 392…

• South Korea Joins Japan in Oil Payments to Iran

  Published 12 February 2014 | viewed 7,440 times

  The government of South Korea is preparing to issue a payment to Iran for crude imports as limited relief from sanctions in line with a…

• EPA Issues Guidance on the Use of Diesel in Fracking

  Published 12 February 2014 | viewed 4,735 times

  The Environmental Protection Agency issued guidance on February 11 on the use of diesel fluids in hydraulic fracturing. Fracking is largely outside of EPA’s control,…

• China Makes Large Natural Gas Discovery

  Published 11 February 2014 | viewed 8,738 times

  China National Petroleum Corporation (CNPC) announced the discovery of a large natural gas field in Sichuan province. The reserve, discovered by CNPC’s subsidiary PetroChina, could…

• French Oil Giant Downsizes in Angola

  Published 10 February 2014 | viewed 5,021 times

  French oil giant Total SA last week announced it had sold its 15% stake in an oil block offshore Angola for $750 million as the…

• Salt Beds Point to Nuclear Waste Solution

  Published 10 February 2014 | viewed 5,137 times

  The Department of Energy is conducting a pilot project to solve one of the most intractable energy problems – a solution to a storage site…

• Alaska’s Largest Refinery to Close Down

  Published 08 February 2014 | viewed 10,752 times

  Alaska’s largest refinery by capacity may shut down operations permanently beginning in May this year, citing the massive costs associated with clean-up. The North Pole…

• Ongoing Coal Ash Spill Raises Prospect of Regulation

  Published 08 February 2014 | viewed 4,779 times

  Duke Energy is continuing to struggle to get a handle on its large leak of coal ash into the Dan River. After four days, workers…

• Richard Branson’s Renewable Playground for the Rich and Famous

  Published 06 February 2014 | viewed 11,568 times

  Billionaire Richard Branson’s Necker Island for the rich and famous will go 75% renewable energy, with solar, wind and smart-technology energy storage in a massive…

• California Drought Expected to Lower Hydro Generation

  Published 06 February 2014 | viewed 7,112 times

  The record drought in California will cut into the availability of water for hydropower generation in the coming months, according to the Energy Information Administration.…

• Lithuania Files Second Lawsuit Against Gazprom

  Published 05 February 2014 | viewed 5,024 times

  Majority shareholders of Lithuanian utility Lietuvos Dujos are preparing to file a second lawsuit against Russian gas giant Gazprom over unfair gas prices. The lawsuit…

• Coal Leasing on Public Lands Deprives Taxpayers of Millions

  Published 05 February 2014 | viewed 7,168 times

  A new report from the U.S. Government Accountability Office (GAO) found that the U.S. government has failed to ensure that coal companies pay the fair…

• Petrobras Stock Hits 8-Year Low

  Published 04 February 2014 | viewed 5,314 times

  On February 3, the stock price for Petroleo Brasileiro SA (Petrobras), Brazil’s flagship oil company, dropped by 5.8% to an eight-year low. Once one of…

• Getting Around the US Crude Export Ban

  Published 03 February 2014 | viewed 10,498 times

  Those who seek to get around the ban on most US crude exports that has been in place for four decades are reportedly eyeing the…