Jude Hislop

Light electric vehicle sales to exceed 6 million globally by 2024 – report

News

Expected increase in luxury electric vehicles from 23% of market today, to 50% of market by early 2020s Electric vehicles have become well-established in many global markets, according to a new report from Navigant Research, and automakers are gearing up to attract a wider range of customers. The study details the global market for light duty vehicles, including

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SEC disclosure proposal ‘could harm’ US oil and gas producers – API

News

Proposed SEC rule requires publicly traded energy firms to release payment info that could be commercially sensitive A new rule on disclosure requirements for America’s oil and natural gas industry proposed by the U.S. Securities and Exchange Commission could harm US competitiveness while possibly weakening a decade-old effort to implement payment transparency programs worldwide, according to

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Enterprise Products exporting first US crude oil from Houston in Jan.

News

600,000 barrel cargo of domestic light crude oil will load on Houston Ship Channel first week of Jan. Companies are moving quickly to tap new markets after the American government lifted the crude oil export ban, with Houston-based Enterprise Products announcing it will load its first international shipment in early Jan. “We are excited to announce our first contract to

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Zero net energy homes in North America expected to reach 27,000 by 2025

News

California leads drive toward zero net energy homes, other states beginning to follow suit Net zero energy homes, which create as much energy as they consume, are on the rise in the US market, according to a new report from Navigant Research that examines market trends through 2025. “ZNEHs are still quite rare, however, the market is

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Earthstone Energy enters Midland Basin by acquiring Lynden Energy

Energy Financial

Earthstone’s most significant assets are located in the Eagle Ford trend of south Texas, while Lynden Energy Corp’s significant assets are located in the Midland Basin Earthstone Energy, Inc. is acquiring Lynden Energy Corp. in an all-stock transaction, the parties announced Thursday. At closing, Earthstone will issue approximately 3.7 million shares of its common stock to

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Magnum Hunter Resources files for Chapter 11 bankruptcy protection

Energy Financial

Agreement provides for debtor-in-possession financing in form of a $200 million senior secured multi-draw term loan Magnum Hunter Resources Corporation and its subsidiaries filed for bankruptcy protection Tuesday, saying it has the support of its lenders to restructure debt. The company has a restructuring support agreement with lenders that hold approximately 75 per cent in principal

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New EIA database provides better info on changes to American power generation

News

Planned American power additions from Oct. through end of 2016: wind (39% of total), solar (29%), natural gas (26%) American power generation is rapidly changing as coal plants are retired and new natural gas, wind, and solar facilities come on line. The US Energy Information Administration says it has improved the way it reports new electric

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Business leaders want COP 21 implementation to follow American model

News

“API will closely scrutinize the COP 21 agreement to see how it references the US model of reducing emissions through technological innovation and increased use of natural gas.” – Gerard Now that COP 21 has wrapped up, American energy leaders are promoting their model of private sector market-led emissions reductions they say has already proven to

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Brand trust among Texas retail electric providers varies greatly – survey

News

First time retailers have been benchmarked on brand trust in Texas market, largest deregulated electric market United States Not all Texas retail electricity providers are equal in the eyes of consumers, according to a new study by Cogent Reports, though state retailers overall received a good score. Cogent Reports says Texas Retail Electric Providers (REPs) have a Brand Trust

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