The Canadian government just approved the $15.1 billion acquisition of integrated oil and gas producer Nexen by China’s third-largest oil company, state-owned China National Offshore Oil. The deal is an important step forward (or two) for Chinese investment, but a step back is probably soon to follow. Chinese outward investment …
The Boulder, CO, County Commission has been forced to revise its security plan in the wake of disruptive and threatening actions by environmental activists at a recent Commission hearing on the use of public land for natural gas extraction. At a hearing on Tuesday, a group of activists shouted down speakers and …
Heavy rains wiping out crops, the Baltic Sea freezing over, unusually powerful earthquakes triggering tsunamis, and the largest flood recorded in central Europe. Top it off with famine, plague, and social unrest, and people began talking about the end of the world—in the early 14th century. These days, 14th-century Europe …
Bring a rancher, a motorcyclist, a governor, a poultry producer, a gas station manager, and a restaurant owner together around a table, and they probably wouldn’t have much in common regarding their day-to-day lives. But they have all joined the growing ranks of people dissatisfied with the renewable fuel standard. …
The Uranium Working Group (UWG)—established by Governor Bob McDonnell (R–VA) to help Virginia state legislators determine the regulatory requirements for uranium mining—released its final report today. Though we are still reviewing the 125-page report, some cursory conclusions are appropriate. The most obvious takeaway is the comprehensive nature of the report. …
Bringing the number of tombstones in Heritage’s Green Graveyard to 20 is ReVolt Technology, a Portland-based company, which specialized in developing zinc-air flow battery systems. ReVolt earned its place in the Graveyard when it declared bankruptcy, despite the fact it had been offered a whopping $10 million in funds from …
Yesterday marked the first oil and gas lease sale of the Obama Administration’s five-year program for the Outer Continental Shelf. The federal government raked in $157.6 million from more than 20 million offshore acres up for lease in the western Gulf of Mexico. Secretary of the Interior Ken Salazar praised …
