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Tag: natural gas


Commercialization, Conventional Fuels

OPEC chief says global oil demand will pass 100 million barrels per day by 2020

October 19, 2017

Via: CNBC energy

OPEC General Secretary Mohammad Barkindo said Thursday that oil markets are rebalancing at “an accelerating rate” and that he foresaw “no peak” for oil demand for “the considerable future.” Speaking at the Oil & Money conference in London, Barkindo said […]


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

Princeton Grads’ Energy Startup Provides Power To Native Americans Protesting Oil Pipeline

October 12, 2017

Via: Forbes

The concept of using a pipeline to transport oil and gas isn’t complex. It’s not much different to the pipes that carry water from household to household. And for decades the oil and gas industry has used pipelines to transport […]


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

US gas bulls beware

September 15, 2017

Via: Petroleum Economist

US gas production has been stronger than expected. The market will be hoping for a scorching summer and a quick ramp up of LNG facilities The market has turned against US gas price bulls, again. Production is rising again from […]


Commercialization, Conventional Fuels

Oil firms as US Gulf refineries restart, dollar softens

September 7, 2017

Via: CNBC energy

Brent oil prices firmed on Thursday, hovering near 3-1/2-month highs as U.S. refiners restarting after Tropical Storm Harvey increased their crude processing and the U.S. dollar declined. Brent crude futures were up 39 cents at $54.59 a barrel by 0921 […]


Energy Economics

United States Expected to Become a Net Exporter of Natural Gas This Year

August 11, 2017

Via: Energy Collective

EIA’s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017. The United States has been a net exporter for three of the past four months and is expected to continue to export […]


News and Policies, U.S.

In New Trend, U.S. Natural Gas Exports Exceeded Imports in 3 of the First 5 Months of 2017

August 9, 2017

Via: Energy Collective

The United States exported more natural gas than it imported in February, April, and May of 2017 according to the latest EIA’s Natural Gas Monthly. The United States has been a net natural gas importer (on an average annual basis) for […]


Energy Consumption, World

IEA sees global gas demand rising to 2022 as US drives market transformation

August 3, 2017

Via: International Energy Agency

The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies and industry surpasses the power sector as the largest source of gas demand growth, […]


Chemical, Conventional Fuels

Natural Gas Generation Peak Lower Than Last Summer So Far

July 28, 2017

Via: Power Engineering

Natural gas generation reached its highest daily level for the year so far, though power burn remains lower than last year, according to the Energy Information Administration. Peak daily power burn reached 41 billion cubic feet on July 20, though 2016 […]


Commercialization, Conventional Fuels

Will U.S. Liquefied Natural Gas Find A Market In Asia?

July 24, 2017

Via: Forbes

The short answer to the question posed is…yes….it already has. After 18 months of exporting, some 35% of all U.S. LNG has reached Asia. It’s clear that the Asian giants want to reduce their coal over-reliance by using more natural gas. I’ve documented […]


Mainstream technologies, Renewable Energy

Renewables Industry Learning from Oil and Gas Insights

July 21, 2017

Via: Renewable Energy News

The way the world thinks about renewable energy has transformed. It is no longer just a concept but a reality, and interest in renewable energy is growing globally. With much of the world looking for fossil-free energy sources, wind power […]


News and Policies, World

Mexico´s Oil And Gas Reform Gains Momentum

July 21, 2017

Via: Forbes

Mexico’s past experiences in transferring strategic state-owned assets to private companies has often delivered mixed results, with telecommunications and banking being two of the most revealing examples. In these two cases, Mexicans have endured the consequences of market concentration and […]


World

Global LNG – Shadow Cast Over Price Recovery

July 18, 2017

Via: Forbes

It’s written in stone for global gas. Oversupplied, years to absorb the surplus, prices depressed. Buyers, sellers and traders have coalesced around a uniform view, that it’s a buyers’ market and only the lowest cost suppliers can thrive. Our view […]


Energy Economics

U.S. LNG In Central And Eastern Europe – Taking Diversification Seriously

July 11, 2017

Via: Forbes

Last week President Trump met in Warsaw with Polish officials and Central and Eastern European (CEE) leaders at the Three Seas Initiative Summit. The event brought together countries from the Adriatic, Black and Baltic seas to discuss development of regional infrastructure necessary to […]


Energy Economics

The Case for Utilities to Bundle Their Energy Businesses—Before They’re Cannibalized

June 30, 2017

Via: Greentech Media

The utility industry has already been undergoing significant change over the past 25 years, with the rise of independent grid operators, competitive energy markets and the split of vertically-integrated business models. But the rise of distributed energy is creating more […]


Chemical, Conventional Fuels

Future coal production depends on resources and technology, not just policy choices

June 27, 2017

Via: Penn Energy

EIA projects that trends in coal production in the United States could range from flat to continuing declines through 2040. Electric power generation accounts for more than 92% of U.S. coal demand, and domestic coal production has declined significantly over […]