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Oil rises despite fears of a global economic downturn

August 12, 2019

Oil prices rose on Monday despite worries about a global economic slowdown and the ongoing U.S.-China trade war, which has reduced demand for commodities such as crude. International benchmark Brent crude futures were at $58.65 a barrel, up 10 cents […]


Oil Markets Could See Volatility, Arbitrage As Shipping Fuel Shifts

August 9, 2019

Via: Forbes

A United Nations mandate on the shipping industry to remove up to 85% of the sulfur content from its fuel to cut 3% of global carbon dioxide emissions could throw the industry into massive disruption. Some analysts argue it could […]


The climate threat: Will investors exit big oil?

July 17, 2019

UK pension schemes have for a couple of decades spoken about taking environmental, social and governance (ESG) factors into consideration in their investment decisions—and then largely proceeded to invest regardless. The movement had lacked focus, but momentum is now squarely […]


News and Policies, State

Massachusetts to Incorporate 6 New Energy Storage Projects of More Than 20 MW

August 20, 2019

Via: Energy Manager Today

NEC Energy Solutions (NEC ES) recently announced six additional energy storage projects of more than 20 MW at municipal power plants throughout New England including Madison, Maine, and Ashburnham, Templeton, Wakefield, Middleton and Taunton, Massachusetts. The new projects follow the […]


Chemical, Conventional Fuels

The Oil And Gas Situation: A Mixed Bag Of Interesting Developments

August 20, 2019

Via: Forbes

A mixed bag of interesting news events have been percolating up to the surface for the domestic oil and gas industry this week: A new study blaming the industry for rising methane emissions comes from old and predictable sources. – […]


News and Policies, State

Texas’ Power Price Spike and Designing Markets for a Carbon-Free Grid

August 19, 2019

Via: Greentech Media

Last week as Texas’ ERCOT grid reached its price cap of $9,000 per megawatt-hour and the price map on ERCOT’s home page became a solid and deep red, many energy market wonks highlighted that this is a feature, not a […]


News and Policies, World

Off-Grid Solar Power Is Making Africa’s Emerging Economies A Little Brighter

August 19, 2019

Via: Forbes

Things around the world are looking a little bit brighter thanks to off-grid solar technologies. They are, for example, allowing those in Nigeria and the Ivory Coast to get clean electricity for notably less than keeping a generator on hand […]


Chemical, Conventional Fuels

Permian crude driving storage expansion

August 16, 2019

Via: Petroleum Economist

The major trend in North American storage markets this year has been the focus on handling the continent’s burgeoning crude oil production. It is in a unique position among the world’s centres, with storage hubs in Asia-Pacific and Europe largely […]


Mainstream technologies, Renewable Energy

To meet future energy demands, India is promising a push toward sustainability

August 16, 2019

Via: CNBC energy

Home to more than 1 billion people, India is a huge economic, political and cultural force and when it comes to renewable energy, Prime Minister Narendra Modi’s government has ambitious plans. In June 2019, Anand Kumar, the secretary of India’s […]


News and Policies, World

Saudi Arabia is dramatically changing its oil exports to China and the US

August 15, 2019

Via: CNBC energy

Saudi Arabia has seriously ramped up its oil exports to China in recent months. How dramatic is the change? Take a look at this graph, which uses data from oil tanker tracking firm TankerTrackers.com. The Saudi Kingdom’s crude shipments to […]


News and Policies, World

Net zero carbon emissions ‘impossible’ without hydrogen says UK energy alliance

August 15, 2019

Via: Power Engineering

The UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain. Earlier this year the UK government enshrined in law a commitment to reach net zero carbon emissions […]


Chemical, Conventional Fuels

Can Newly Oil Rich Nations Avoid The Resource Curse?

August 14, 2019

Via: Forbes

Google “oil” and “curse” and you get about 25 million hits, which is pretty good considering “michael lynch petroleum idiot” only gets a quarter of a million. (To which my daughter once said, “Dad, if all those people think you’re […]