TV News LIES

Sunday, Mar 01st

Last update07:31:12 AM GMT

You are here All News At a Glance Energy Glance

North Dakota oil boom deflating

North Dakota oil boom deflatingLow oil prices haven't yet dimmed confidence in North Dakota, though there may be concerns lingering over the mid-term horizon, those on the ground said.

Oil prices have remained above what some consider the floor price for the recent downturn, trading in recent sessions above the $50 per barrel mark for West Texas Intermediate crude oil. That's more than 18 percent above late January lows, but still 50 percent less than June prices, forcing many in the industry to lay off staff and cut spending on exploration and production.

Read more...

Explosion at Exxon Mobil refinery in Torrance, California, injures four

Exxon explosionAn explosion and fire ripped through a gasoline processing unit at an Exxon Mobil refinery in Torrance, California, near Los Angeles on Wednesday, slightly injuring four workers and shattering windows of surrounding buildings, authorities said.

Investigators were trying to determine the cause of the blast, which occurred shortly before 9 a.m. PST (12 p.m. ET), but there was no evidence of foul play, according to Torrance Fire Captain Steve Deuel.

Read more...

Japan now has more car charging points than gas stations

Japanese charging pointsNissan Motor Co. has reported that Japan now has more places to charge electric vehicles than gas stations. The country has roughly 34,000 gas stations, compared to 40,000 charging points. The charging points range from stations to home setups.

"An important element of the continued market growth is the development of the charging infrastructure," Nissan Chief Financial Officer Joseph G. Peter told analysts on a conference call, according to Bloomberg Business.

Read more...

Researchers turn solar energy into liquid fuel

Solar energy to liquid fuelA small number of vehicles on U.S. roads are already indirectly powered by the sun. Ostensibly, some of America's electric cars use power derived from solar panels. And the fuel cells that bolster a growing fleet of hybrid cars and buses rely on hydrogen converted by photovoltaic cells.

But America is a liquid fuel kind of nation. To help wean American's off their love of gasoline, researchers at Harvard have found a way to turn solar energy into liquid fuel. It's like gas -- only good for the environment.

Read more...

Halliburton to cut up to 6,400 jobs as oil price falls

Halliburton to cut 6500 jobsUS oilfield services firm Halliburton has said it will cut up to 8% of its global workforce of 80,000, citing a "challenging market environment" as the oil price continues to tumble.

Halliburton says the cuts will be across all operations of the company.  Shares in Halliburton - the world's second-largest oilfield services company - fell nearly 3%.  The oil price has nearly halved since June as a global supply glut and weak demand push prices down.

Read more...

Energy Crash — 97% of Fracking Now Operating at a Loss at Current Oil Prices

Fracking at a lossIf the Saudis wanted to crush America's shale oil industry they are certainly doing a good job of it.

West Texas Intermediate reached a 2014 peak of $107.73 in June before dropping as low as $49.77 today on the New York Mercantile Exchange. The grade settled at $50.04 a barrel. That’s below the break-even price for 37 of 38 U.S. shale oilfields, according to Bloomberg New Energy Finance.

Shale oil fracking and Canadian tar sand is some of the most expensive (and dirty) oil production on the planet, while conventional Persian Gulf oil is the cheapest to produce.

Read more...

Oil hits five and a half year low under $55 on supply glut

Oil hits five year lowOil prices slumped to new 5-1/2-year lows on Monday on worries about a surplus of global supplies and lackluster demand.

Russia's oil output hit a post-Soviet high last year, averaging 10.58 million barrels per day (bpd), up 0.7 percent thanks to small non-state producers, Energy Ministry data showed.

Read more...

Page 1 of 41

  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!