Are Trains Safe?
Brigham McCown discusses the current state of rail safety, after the recent Hoboken train crash. Listen to the whole interview here.
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The 2016 First Presidential Debate, Who Won?
When it comes to job creation, both candidates suggested this evening that investing in companies and infrastructure is important. Both candidates also suggested that trade is of vital importance to the economy. Trade itself is dependent on infrastructure and the energy utilized to move goods across oceans and across the neighborhood. With respect to investing, …
Read More →FuelRod Is Taking Mobile Charging To New Heights
The importance of energy storage has been widely discussed as the international community pivots to renewable energy generation. Despite talk of innovative power storage, advances in battery power which charge most mobile devices today are often over-looked. Virtually every handheld device runs on battery power, from the dry cell AA batteries in remote controllers to …
Read More →U.S. Agencies Order Dakota Access Pipeline Work Halted After Judge Rules It Can Proceed
The federal government ordered a halt to work on a $3.8 billion four-state oil pipeline in the Upper Midwest on Friday, handing a temporary victory to the Standing Rock Sioux tribe and other opponents of the project. The unusual move by three federal agencies immediately followed a federal judge’s ruling denying an injunction sought by …
Read More →Dakota pipeline project paused. What does this mean for the oil industry?
A victory for the Standing Rock Sioux and environmentalists came Friday, as the government called for a pause in work on the Dakota Access pipeline. The announcement came shortly after a federal judge had ruled that construction could continue. “We don’t know what the implications are, other than that it’s going to have a huge …
Read More →NORTH DAKOTA OIL PIPELINE DELAY COSTLY FOR SHIPPERS, PRODUCERS
With the U.S. government siding in favor of Native American protests against a key North Dakota pipeline, local oil producers and shippers are facing the possibility of greater delays in getting a quick route to ship oil to the Gulf of Mexico. On Friday, following ongoing protests from environmentalists and Native American tribes, the U.S. …
Read More →Foreign Energy Giant Snaps Up Houston Based Energy Company For $28 Billion
Canada’s largest pipeline company just got even bigger. Early Tuesday morning, Enbridge announced its acquisition of Houston based Spectra Energy in an all-stock deal valued at $28 billion USD (C$37 billion). Each Spectra Energy share will be swapped out for 0.984 shares of the new joint company, which according to CNBC is equivalent to $40.33 …
Read More →Is Big Oil Going Green With Carbon Capture Technology?
Exxon Mobil recently announced a renewed partnership with Fuel Cell Energy aimed at bringing Carbon Capture and Sequestration (CCS) technology into mainstream usage. The two companies have been collaborating on the project for several years and the latest announcement may be seen as a re-affirmation of Exxon’s investment in the program. The process of carbon …
Read More →Are Mergers All But Dead Under New Obama Rules?
The U.S. Justice Department today filed an anti-trust lawsuit aimed at preventing oil service company Halliburton Co. from taking over rival Baker Hughes in a deal valued at $34.6 billion. This comes in the wake of an announcement this week regarding Pfizer’s decision to call off its $152 billion merger with Allergan owning to new …
Read More →The European energy union: A win for both continents
In a first step toward creating an integrated energy grid, the European Commission last week allocated € 200 million ($223 million) for cross-border energy infrastructure projects aimed at increasing the efficiency of energy transportation across European Union members. While these grants signal momentum toward a desired “Energy Union,” such a goal remains largely aspirational. Officially …
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