US has become increasingly important refinery hub for western hemisphere and Atlantic basin By John Kemp US refineries processed a record volume of crude last week, making a small dent in the country’s bloated crude stocks but resulting in a big build-up of refined product inventories. US refineries have ramped up crude processing by 1 […]
Record US refinery runs fail to lift crude oil prices: Kemp Read More »
Average wind generating facility in US consists of about 50 turbines Wind generators accounted for 8 per cent of the operating electric generating capacity in the United States in 2016, more than any other renewable technology, including hydroelectricity, according to the US Energy Information Administration. Wind turbines have contributed more than one-third of the nearly 200 gigawatts
Wind turbines provide 8% of US electricity generating capacity Read More »
Economic benefits of LNG export can be realized while still protecting the environment By Matt Mandel, EnergyInDepth Today, the group Texans for Natural Gas (TNG) released a new report on the massive economic impact liquefied natural gas (LNG) exports could have on Texas and the United States. With seven LNG export facilities proposed or already under
Texas LNG exports create billions in economic benefits, 70,000+ jobs Read More »
US has 50% of global refining capacity and produces 56% of global oil products By Sarah Ladislaw, Adam Sieminski, Frank Verrastro, Andrew Stanley The rapid rise in unconventional oil output in the early part of this decade returned the United States to a prominent position as a major oil supplier. Over the course of the past
American oil in the global economy: markets, policy, and politics Read More »
Placement of 20+ tightly-spaced stages across pay zone ensure more uniform treatments and maximizes reservoir contact Baker Hughes Inc. says its new DEEPFRAC™ deepwater multistage fracturing service can save operators hundreds of millions of dollars through efficiency gains across the completion phase of offshore developments, according to a Baker Hughes press release. Using multi-position sleeves
Baker Hughes introduces ‘revolutionary deep water multi-stage fracturing service Read More »
Economic benefits to British Columbia are secondary to Canadian government jurisdiction, obligation to help Alberta An interesting feature of pipeline debates these days is the duelling “economic benefits” studies. The proponent commissions a study, opponents commission a study that invariably shows benefits are far less, there is a flurry in the media that confuses the public, then
Are Trans Mountain Expansion pipeline economic benefits enough to sway BC voters? Read More »
Saudi Aramco overhauled Muajjiz oil terminal on Red Sea Saudi Aramco says in 2018, the overhauled Muajjiz oil terminal located on the Red Sea will be reopened, which will boost export capacity of Saudi Arabia’s state-owned oil giant to as much as 15 million barrels per day (b/d). The Muajjiz oil terminal has been used as
Saudi Aramco to reopen oil terminal in 2018, boosting export capacity to 15 million b/d Read More »
Oil prices down over 1 per cent Oil prices fell over one per cent in trading on Monday as investors weighed rising crude output from the US and Libya against OPEC-led production cuts. Expectations for oil demand were also impacted by slower-than-expected growth in manufacturing in China as well as weakening confidence in the outlook for US
Oil prices fall on increasing output, weak demand Read More »
Nuclear plants have higher capacity factors than any other electricity generating technology As of 2016, the United States had 99 operating nuclear power reactors at 61 plants across the country, with a capacity-weighted average age of 37 years, according to the US Energy Information Administration. The oldest operating nuclear reactor in the United States was
Most US nuclear power plants were built between 1970 and 1990 Read More »
By Nicole Jacobs, EnergyInDepth The U.S. Chamber of Commerce’s Institute for 21st Energy recently released the fifth instalment of its Energy Accountability series: What if pipelines aren’t built into the Northeast? The report finds that such a decision would be devastating to residents in the six New England States: Pennsylvania, New York, New Jersey, Ohio
Not building pipelines in northeast United States would be ‘devastating’ Read More »
