Tag: world
Global energy system being transformed by renewables, electrification, says IEA annual report
U.S.projected to become world’s largest LNG exporter and net oil exporter by end of 2020’s The resurgence in oil and gas production from the United States, deep declines in the cost of renewables, and growing electrification are changing the face of the global energy system and upending traditional ways of meeting energy demand, according to […]
Why is Canada rich while other countries are so poor?
Canada had advantage in development by inheriting strong institutions from British By Kip Beckman, principal economist, Conference Board of Conference The celebration of Canada’s 150th birthday was a time for Canadians to reflect on how lucky we are to live in a wealthy country. There were certainly no guarantees way back in the 19th century that Canada […]
Coal falls as gas rises: World energy balances in 2016 – IEA
Oil remains most used fuel (mainly for transport), then coal (mainly for electricity) Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in World Energy Balances, the IEA’s comprehensive picture of energy statistics. These data are drawn from official national data submissions to […]
5 reasons US could be world’s top LNG exporter sooner rather than later
Challenge is how to get LNG out of US and into global markets By Seth Whitehead, EnergyInDepth Last month, EID highlighted how the U.S. has become a major liquefied natural gas (LNG) exporter virtually overnight. The trend has certainly continued. In the 17 short months since the first shipment of U.S. LNG departed Cheniere Energy’s Sabine Pass […]
World wants more Canadian oil and natural gas – Ipsos survey
India and China forecast energy demand to increase by 49% and 46% respectively The world sees Canadian oil and natural gas as part of the energy future and a preferred source of energy imports, according to a new global research survey, 2017 Global Energy Pulse, the first-of-its-kind conducted by Ipsos on behalf of the Canadian Association […]
Permian Basin adds most rigs in June, Concho and Energen most active drillers
US rig count up 9, Canada up 21, international down 6 HOUSTON – U.S. drillers this week added oil rigs for a fifth week in six, according to a closely followed report Friday, prompting analysts to predict the rig count has bottomed and production will start to edge up early next year. Analysts at U.S. financial […]
Nuclear Energy Institute: World moving in wrong direction on carbon reduction
The Nuclear Energy Institute claims global energy mix should include more nuclear energy for faster, more efficient carbon reduction MIAMI, FL – The world is moving farther from its greenhouse gas reduction goals and needs to preserve and expand nuclear energy to achieve meaningful progress, a panel of energy and environmental experts told attendees at the Nuclear […]
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