Stronger dollar would in turn tend to depress the price of crude worldwide By John Kemp Hedge funds seem to be quietly positioning for the possible imposition of a border tax adjustment on imports of crude oil into the United States. The principal impact of a border tax adjustment would be to raise the price […]
Hedge funds prepare for possible border tax adjustment on US oil imports: Kemp Read More »
Coal’s share of generation projected to rise from 30% to 32% The electricity industry is planning to increase natural gas-fired generating capacity by 11.2 gigawatts (GW) in 2017 and 25.4 GW in 2018, based on information reported to EIA. If these plants come online as planned, annual net additions in natural gas capacity would be
US natural gas-fired generating capacity likely to increase by 36 GW over next 2 years Read More »
Hydrogen (H2) and carbon (C), can be separated in a process called ‘methane cracking’ The production of energy from natural gas without generating carbon dioxide emissions could fast become a reality, thanks to a novel technology developed by researchers of the Institute for Advanced Sustainability Studies (IASS) in Potsdam and the Karlsruhe Institute of Technology
Crack it! Energy from a fossil fuel without carbon dioxide Read More »
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
Plenty of obstacles in Trump’s path to 4% economic growth Read More »
Study notes some companies hope to “grow” their way out of debt problems; strategy likely unrealistic Though the overall outlook for the oil and gas industry doesn’t seem to be quite as dire as it was a year ago, 2017 is likely to be a year of “3 R’s” for industry players — a year
Expect oil & gas ‘3 R’s’ in 2017: Restructuring, realignment, rebuilding Read More »
80MWh from battery storage enough power to feed electricity needs of 5,000 homes over the 4-hour period AltaGas Ltd. celebrated the grand opening of its Pomona Energy Storage Facility at the site of its existing Pomona generation facility in the East Los Angeles Basin of Southern California, according to a press release. At 20 megawatts
AltaGas opens North America’s largest battery storage facility Read More »
10 Km sq solar power can power 150,000 homes By Rina Chandran CHENNAI, India, Jan 26 (Thomson Reuters Foundation) – It took 8,500 men working two shifts every day for six months – and three shifts for two months – to finish, ahead of schedule, the Adani Group’s giant solar power plant in southern India. The
India shows it’s serious about renewables with giant solar power plant Read More »
Kenyan solar farm purchased, maintained by residents By Benson Rioba OLOSHO-OIBOR, Kenya, Jan 25 (Thomson Reuters Foundation) – When the first few residents of this village in the Ngong hills installed solar panels, nearly a decade ago, the only aim was to power their own homes, as their town had no connection to the national
Home-grown Kenyan solar farm powers computers – and protects girls Read More »
Trump’s Keystone XL order has many loopholes and could violate international trade law By Ernest Scheyder, Catherine Ngai and Terray Sylvester Jan 27 (Reuters) – When U.S. President Donald Trump signed orders to revive Keystone XL and Dakota Access pipeline projects this week, he pledged to require new pipelines to use American-made steel, a gesture to workers
American steel unlikely to get Keystone XL boost despite Trump order Read More »
North American pipelines companies rally to 14-month high By Devika Krishna Kumar and Catherine Ngai NEW YORK, Jan 27 (Reuters) – Investors have rushed back into North American pipelines after U.S. President Donald Trump revived growth prospects in a sector that struggled to cope with a two-year oil price slump and strident opposition from environmental
North American pipelines back in investor favor after Trump orders Read More »
