Tag: Analysis
Alberta oil & gas sector asks Alberta, Canada to trim regulations, compliance costs – CAPP study
Capital spending in Canada forecast $44 billion in 2017, 46% decrease from 2014 The provincial government and the energy industry could create more than 24,000 new jobs for Albertans and grow the province’s economy by nearly $5 billion, according to a new report from the Canadian Association of Petroleum Producers (CAPP). Industry continues to face […]
Plenty of obstacles in Trump’s path to 4% economic growth
Dramatic slowdown in population growth led to sluggish demand growth, firms responded by cutting back on investment spending By Kip Beckman, Principal Economist, World Outlook Economic growth in the U.S. has averaged around 2 per cent per year since the end of the 2008–09 recession—one of the slowest recoveries from a severe economic downturn ever. Donald Trump […]
Go big or go home: GE and Baker Hughes merge – Wood Mackenzie
Industry is undergoing shift from exploration to development and now asset optimization Just days after speculation began, GE announced its intention to merge its oil and gas business with oilfield services giant Baker Hughes, according to Wood Mackenzie. This merger will join the two companies’ complementary strengths, and GE and Baker Hughes cite an estimated […]
Boom or bust? Investing in Mexico gas and power – Wood Mackenzie
Producers in Permian Basin, Eagle Ford will enjoy another growing market for their natural gas These reforms have created the potential for approximately US$415 billion in investment over the next two decades as the country builds pipelines, sets the stage for M&A, and enters the robust renewables market to meet clean energy targets, according to a […]
Natural gas pipeline market, emerging trends and forecast – Technavio
Natural gas pipeline market set to grow with multinational agreements and growth in deepwater projects LONDON- Technavio’s report on global natural gas pipeline market provides analysis on the most important trends expected to impact the market outlook from 2016-2020, according to a press release. Technavio defines an emerging trend as a factor that has the potential to […]
Automatic generation control, market drivers and forecasts – Technavio
Technavio analysts forecast the global automatic generation control (AGC) market to grow at a CAGR of more than 3 per cent during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global AGC market for 2016-2020. The report discusses the major drivers influencing the market growth […]
Delaware Basin: Where the strong survive – IHS Markit
Analysis says dominant players in Delaware Basin delivering remarkable profitability at current prices HOUSTON – A handful of dominant oil and gas companies operating in established sub-plays in the Delaware Basin are delivering remarkable profitability at current prices thanks, in part, to their early entry and their extensive technical knowledge of the local geology, according to […]
US crude oil stocks likely to rise 425,000 barrels – Platts
Analysts looking for stocks draw last week of 625,000 barrels, which if confirmed, will make a minor dent in the surplus A likely drop in US refinery utilization is expected to have pushed crude inventories higher last week, although the size of that build could be offset by a loss of oil production in the […]
Natural gas prices could reach $4.50/MMBtu in 2017 – Ponderosa Energy analysis
Sharp increase in natural gas prices needed to incentivize production growth given the weak crude oil prices In “Natural Gas Leads The Way”, Ponderosa Energy Integrated Analytics expands on the $4.50/MMBtu natural gas price forecast for 2017 theme they presented in May. Two key dynamics continue to support a sharp increase in gas prices: current […]
Over 70% of US energy employers can’t hire new employees with needed skills
Energy efficiency sector expects hiring to rise by 14% in 2016, solar energy to rise by 15% WASHINGTON – The U.S. Department of Energy today released the agency’s first annual analysis of how changes in America’s energy profile are affecting national employment in multiple energy sectors. By using a combination of existing energy employment data […]
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