Category: Conventional Fuels

Conventional Fuels, News and Policies, Nuclear, State

NRC Approves Changes to Fort Calhoun Nuclear Plant’s Emergency Planning Requirements

December 15, 2017

Via: Energy Manager Today

The Nuclear Regulatory Commission has granted the Omaha Public Power District’s request to alter the emergency preparedness plan for the Fort Calhoun Station nuclear power plant in Washington County, Neb., to reflect the plant’s decommissioning status. The changes come in […]

Commercialization, Conventional Fuels

OPEC sticks to its bullish oil demand forecast, but now sees more US output growth

December 13, 2017

Via: CNBC energy

OPEC forecasts strong global appetite for crude oil in 2018 but now sees output from the United States and elsewhere growing more than previously expected. The 14-member oil cartel’s latest read on supply and demand comes just two weeks after […]

Chemical, Conventional Fuels

A Hand Writing on the Wall for Natural Gas

December 12, 2017

Via: CleanTechnica

We have seen the fall of coal. The Dow Jones Coal Index, which stood at over 723 at its high in 2008, was down over 94% to 41.36 on December 8. Just as telling, all of the companies that were […]

Chemical, Commercialization, Conventional Fuels

How resilient has US shale become?

December 8, 2017

Via: Petroleum Economist

Genuine gains have been made, but the industry will need further technological breakthroughs to overcome the geology Discussions about the US shale industry’s resilience through the oil price downturn and swift recovery inevitably turn to drillers’ ability to innovate their […]

Commercialization, Conventional Fuels

Goldman Sachs raises 2018 oil price forecast

December 5, 2017

Via: CNBC energy

A stronger than anticipated OPEC-led commitment to extend production cuts will support prices through 2018, according to analysts at Goldman Sachs. In a research note published late Monday, Goldman lifted its Brent price forecast for next year to $62 a […]

Commercialization, Conventional Fuels

Gas prices drop over 7 cents in two weeks

December 4, 2017

Via: CNBC energy

The average price of a gallon of regular-grade gasoline dropped 7 cents nationally over the past two weeks to $2.54. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the spike comes despite a jump in oil prices. […]

Commercialization, Conventional Fuels

Oil prices are spiking toward 2½-year highs after OPEC extends output cuts

December 1, 2017

Via: CNBC energy

Oil prices spiked higher on Friday, heading toward 2½-year highs the morning after two dozen crude-producing nations agreed to limit their output through the end of 2018. U.S. West Texas Intermediate crude prices rocketed up 98 cents per barrel, or […]

Conventional Fuels, Nuclear

Looking Ahead to 2018 for Nuclear Energy

November 29, 2017

Via: Energy Collective

Each year this blog looks ahead to issues it will follow in the coming 12 months. What this look into the future does is to provide some check marks on the page of news about nuclear energy to return to […]

Commercialization, Conventional Fuels

Oil prices will probably sell off after a key meeting of big producers. Here’s why

November 28, 2017

Via: CNBC energy

Market watchers see few opportunities for oil prices to rally — but plenty of room for them to fall — after a critical meeting of energy ministers later this week. About two dozen oil exporters, including top producers Saudi Arabia […]

Commercialization, Conventional Fuels

World Energy Outlook: oil-price pressure

November 16, 2017

Via: Petroleum Economist

While crude demand will grow over the long-term, vast US reserves and lower cost production will keep a lid on prices, says the International Energy Agency The need to replace existing oil reserves, if nothing else, is likely to keep […]

Commercialization, Conventional Fuels

Oversupply has fundamentally changed the natural gas market — but it won’t last long

November 15, 2017

Via: CNBC energy

A global liquefied natural gas (LNG) supply glut may soon be offset by a rapid uptick in demand, Oil Search CEO Peter Botten said Wednesday. “The market has fundamentally changed in the past few years,” Botten said at the Abu […]

Commercialization, Conventional Fuels

OPEC sees tighter 2018 oil market as demand grows and supply falls

November 13, 2017

Via: CNBC energy

OPEC on Monday forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was reducing excess oil in storage, pointing to an even tighter global market next year. In a monthly report, the Organization […]

Conventional Fuels, Nuclear

A Successful Nuclear Step For New Molten Salt Reactors

November 10, 2017

Via: Forbes

Terrestrial Energy Inc. (TEI), a Canadian advanced nuclear reactor company, received notice yesterday from the Canadian Nuclear Safety Commission (CNSC) that it successfully completed the first phase of the CNSC’s pre-licensing vendor design review for TEI’s new Integral Molten Salt […]

Chemical, Conventional Fuels, News and Policies, U.S.

US—revival in the north

November 7, 2017

Via: Petroleum Economist

Drilling in Alaska is pricey compared with tight oil in the Lower 48. But the potential remains huge At one point in the 1970s Alaska was home to some of the largest oilfields ever found in the world. The rise […]

Commercialization, Conventional Fuels, News and Policies, World

Will The Security Premium Return To Oil?

November 6, 2017

Via: Forbes

When oil went from $20 to $40 then $60 after 2000, there were numerous explanations for the surge, especially given that there didn’t appear to be actual physical shortages of oil. Although many blamed speculators who are the “usual suspects,” […]