Archive for March, 2016
Global shale gas market expected to reach $214 billion by 2022 – study
Asia-Pacific power generation accounted for highest shale gas consumption (37% in 2015), expected to grow at CAGR of 45.5% The North American shale gas market is expected to maintain its foothold in the market throughout the analysis period registering a compound annual growth rate (CAGR) of 12.6 per cent, in terms of revenue, according to a report […]
Straits of Mackinac oil spill could affect vast shoreline areas: Study
Enbridge pipelines run across floor of Straits of Mackinac CALGARY _ Hundreds of kilometres of Lake Michigan and Lake Huron shoreline are at risk of contamination if an Enbridge pipeline that runs between them ruptures, according to a study released Thursday. The report by the University of Michigan Water Center, and supported by the National […]
Natural gas stocks show withdrawal of 20 to 24 Bcf – Platts
Withdrawal of 22 Bcf would bring inventories to 2.471 Tcf, more than 1 Tcf above last year’s level The U.S. EIA on Thursday is expected to report a natural gas storage withdrawal of between 20 and 24 billion cubic feet (Bcf) for the week that ended March 25, according to a survey of analysts by Platts. […]
Texas cities make top 25 in EPA’s cities with most energy star buildings
EPA tallies number of Energy Star certified buildings within each metropolitan area, including surrounding towns and suburbs Three Texas cities – Dallas-Fort Worth, Houston, Austin – are included in the 2016 list of top metropolitan areas with the most Energy Star certified building, says the Environmental Protection Agency. Dallas-Fort Worth came in at number seven with […]
New oil upgrading technology eliminates need for diluent in bitumen
“This is arguably the first major technological advancement in the industry in over 30 years. We are now working to a goal of being able to deliver pipeline ready bitumen with less than 1% sulfur.” SCHENECTADY, NY – Auterra Inc., a catalyst and process development company, announced today that it has accomplished a long-standing oil sands industry […]
Cequence Energy dismisses CEO, 2 VPs, promotes COO to CEO
Todd Brown new CEO at Cequence Energy CALGARY _ Cequence Energy Ltd. (TSX:CQE) has abruptly replaced its chief executive and dismissed two of its vice-presidents as part of a strategic change in direction and cost-cutting efforts due to low natural gas prices. The company has promoted Todd Brown as CEO, replacing Paul Wanklyn immediately. Brown […]
Stanford researchers repackage EPA’s discredited Pavillion fracking study
“If the EPA believed its own data were not sufficient to make it through peer-review, then why should we trust the conclusions of another research team that simply repackaged the same flawed results?” UPDATE (3/29/2016; 2:30 pm ET): The Casper Star-Tribune and Greenwire have both reported that the lead researcher of the Stanford Pavillion study, […]
Crude oil inventories up, imports down – US petroleum data for week ending March 25
US crude oil inventories increased by 2.3 million barrels from previous week According to the US Energy Information Administration, US crude oil refinery inputs averaged over 16.2 million barrels per day during the week ending March 25, 2016, 414,000 barrels per day more than the previous week’s average. Highlights: Refineries operated at 90.4% of their operable […]
Nevada hybrid power plant first in world with solar geothermal mix
Nevada hybrid power plant will help US meet Paris climate conference commitments STILLWATER, Nev. _ Nevada’s governor, the premier of Italy and the director of the U.S. Energy Department’s renewable energy labs on Tuesday formally dedicated the final piece of the only hybrid power plant in the world producing renewable energy by combining geothermal with […]
Hybrid airship deal expected to benefit oil and mining industries
Hybrid airship could serve as workhorse in Canada’s oilsands CALGARY _ The long-held vision of giant airships nearly the length of a Canadian football field delivering workers and supplies to the oilsands and the North’s mining sector is a step closer to reality. U.S.-based Lockheed Martin has announced it has a letter of intent to sell […]
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