Tag Archives: environment

Russian Hydrocarbon Development in the Arctic Despite Sanctions

by Glenda Pavon-Suriel   Abstract Development of hydrocarbon resources in the Arctic shelf is a topic of increasing interest. This is in light of the effects of climate change in the region and recent findings of enormous resource potential. The combination of the environmental implications of resource extraction in the Arctic with the demand for natural […]

Week in Review – March 20-26

By Timothy Abraham. This week’s review looks at the situation in exploration and production under low oil prices; developments in the Middle East; coal power updates from China and India.

DAPL: Protestors Wreak Havoc on Local Farmers and Ranchers

by Glenda Pavon  Image by Trevor Brine The Dakota Access Pipeline (DAPL) would connect the Bakken with major markets in Illinois. The proposed path is almost 2,000km through North Dakota, South Dakota, Iowa, and Illinois. In the case of Bakken crude, the DAPL is very much needed for transport. Bakken crude is volatile, which has led […]

Week in Review – November 7-13 2016

Photo by Jerry D Mathes III by Sophie Nguebana, Elisabeth Nguebana, Glenda Pavon, Alexander Geysman, Daniel Tsvetanov Oil Companies Book Tankers to Store Oil in Amount Unseen in 4 Years Shipping operators report that oil companies requested up to 9 million barrel storage capacities in supertankers. That hasn’t been seen in 4 and a half years. […]

Week in Review October 24 – October 30

by Sophie Nhuebana, Timothy Abraham, Elisabeth Nguebana, Glenda Pavon, Alberto Perego, Bogdan Polishchuk, Patrick Osborne  Photo by Jerry D. Mathes III Russia Prepares for Deep Budget Cuts Russia is preparing to slash government spending across the board over the next three years as it struggles to bring down the budget deficit because of lower oil […]

New Unconventional Fuel: Gas Hydrate Development in Pacific Raises Questions

Gas hydrates could open up a new fuel source for import-dependent countries like Japan. Exploration of new opportunities is already underway, but comes with caveats. ENERPO student Aaron Wood reports.

Carbon as Commodity: Is Cap-and-Trade’s Market Approach Flawed?

by Michael Roh Abstract  Emissions trading schemes, or cap-and-trade, provide a market-friendly approach for countries to reduce their CO2 emissions. Cap-and-trade works by quantifying the CO2 itself into permits, and then setting a limit, or cap, on emissions by reducing the amount of permits over time. The permits are tradable, allowing for supply and demand forces to […]

Week in Review September 19-25

by Timoty Abraham, Alexander Geysman, Irina Mironova, Elisabeth Nguebana, Patrick Osborne, Glenda Pavon-Suriel, Alberto Perego China Wants its Nuclear Industry to Grow Dauntingly Fast Chinese city of Lianyungang saw people protesting last month against the nuclear power plant, already built in the area. China has started its nuclear adventure only in 1994 and since then […]

Retired Oil and Gas Platforms Transform Into Marine Sanctuaries

by Glenda Pavon-Suriel What happens to an offshore oil rig when it retires? A few years before an offshore oil well is no longer producing oil the decommissioning process begins. This involves sealing and plugging the well with cement. The process can cost oil companies several million dollars, about as much as it cost to construct […]