US crude oil imports from Canada climbed to a record high 2.436 million b/d in December. Imports were up 75,000 b/d from November, leaving Canada as the number one exporter of crude oil to the US.

Russia’s Gazprom is sending top executives to Israel to discuss a partnership in the country’s offshore gas fields, a move likely to heighten tension over an energy bonanza in the eastern Mediterranean.

The managing director of the Nigerian Independent Petroleum Company advised motorists to embrace the use of compressed natural gas as an alternative to petrol.

Three of Japan’s major cities called for Kansai Electric Power Co, its second largest nuclear generator, to draw up a plan to switch to other energy sources to generate electricity nearly a year after the country suffered the world’s worst nuclear accident in 25 years.

Japan says it is possible all of its nuclear reactors will be closed down this summer. Only two of 54 reactors are still operating amid safety concerns. No reactor can restart until it passes computer-simulated “stress tests” to confirm it can withstand earthquakes and tsunamis on the scale that wrecked Tepco’s Fukushima Daiichi plant.

The forced shutdown of nuclear plants owned by RWE by the German government cost the company €1 billion euros ($1.3 billion). In the wake of the nuclear disaster in Fukushima, Japan, last year, the German government decided to phase out nuclear power, forcing energy suppliers to shut down their profitable large-scale power plants and also levying a tax on the reactors’ fuel for their remaining lifespan.

Scotland’s government re-confirmed the country’s commitment to generate 100% of electricity needs from renewables by 2020 and to decarbonise the electricity generation sector by 2030. The plan is to be supported by 2.5 GW of thermal coal generation fitted with Carbon Capture and Storage (CCS) mechanisms.

The United States was named the global leader in renewable energy according to Ernst and Young. American renewable energy investment in solar and wind technologies dominated the global market, propelling the United States past China into the leadership position,

Wind energy broke a record in February in Spain with wind turbines achieving their highest-ever electricity output, generating a total of 4.890 GWh. According to figures from Red Eléctrica de España, wind power was the No. 3 source of energy in the month, after coal-fired and nuclear plants.




with h/t Tom Whipple

Tags: , , , , , , , , , ,