Prolonged low prices, supply and demand dynamics remain key issues affecting American oil and gas producers, service firms NEW YORK – The 2016 sector outlooks for the US oil and gas and oilfield services sectors are negative, according to Fitch Ratings, pressured by global supply/demand challenges, the threat of persistently low oil prices, and sharp capex […]
Capex cuts are both risk, reality for American E&Ps – Fitch Read More »
Project expected to provide lower natural gas and electricity prices to energy consumers HOUSTON-Tennessee Gas Pipeline Company, L.L.C., a Kinder Morgan company, has filed a certificate application under Section 7(c) of the Natural Gas Act with the Federal Energy Regulatory Commission (FERC) for its proposed Northeast Energy Direct Project (NED). “The NED Project is a transformative project
Tennessee Gas Pipeline files application for Northeast Energy pipeline Read More »
Pennsylvania added 10.4 trillion cubic feet (Tcf) of natural gas proved reserves (the largest net increase for any state in 2014) driven by continued development of the Marcellus Shale play U.S. crude oil proved reserves increased in 2014 for the sixth year in a row with a net addition of 3.4 billion barrels of proved
US proved oil and natural gas reserves rise in 2014 Read More »
Gasoline prices across country reflect differences in taxes, fuel specifications, regional market supply/demand balances U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon (g) as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008, according to the US Energy
US gasoline prices this Thanksgiving are lowest in 7 years Read More »
Conversion efficiency will rise from current 7% to 14% to 9% to 17% in next 3-4 years WELLESLEY, MA – A silicon shortage and the growing demand for PV modules are key factors fueling growth in thin film PV manufacturing, according to a new report from BCC Research. The study shows that the technical benefits of thin film PV such
Silicon shortage, growing solar demand fueling huge growth in thin films Read More »
In 2014, US GDP grew 2.4%, while energy use per GDP and carbon per unit energy declined 1.2% and 0.3%, respectively U.S. energy-related carbon dioxide (CO2) emissions were 5,406 million metric tons (MMmt) in 2014, 1% (51 MMmt) above their 2013 level, according to the US Energy Administration. Energy-related emissions also increased in 2013, but because
US energy-related CO2 emissions up 1% in 2014, reverses recent trend Read More »
Mele currently serves as deputy general manager and chief operating officer of Austin Energy, where she leads all aspects of its power operations and planning efforts AUSTIN, TX, – Cheryl Mele will become the next senior vice president and chief operating officer of ERCOT. ERCOT is the independent system operator of the electric grid and
ERCOT names Cheryl Mele next chief operating officer Read More »
Established in 1955, AAPL is a guiding resource for land professionals as they continue their education in an ever-evolving energy industry FORT WORTH, Texas – The American Association of Professional Landmen (AAPL) held an open house on Wednesday, Nov. 11 at its new headquarters at 800 Fournier Street in Fort Worth. The event featured a
American Association of Professional Landmen celebrates new headquarters Read More »
Low-cost hydropower trade between the US and Canada benefits both countries US electricity trade with Canada is increasing, providing more economic and reliability benefits to both the United States and Canada, according to the US Energy Information Administration. Although the amount of electricity imported over the Canadian border is a small part of the overall U.S.
US – Canada electricity trade increases to 58.4 TWhours (1.6% of American market) Read More »
Diesel gensets fastest growing source of distributed power BOULDER, Colo.-A recent report from Navigant Research examines the global market for diesel generator sets (gensets) in residential, commercial, industrial, and power plant applications, including global market forecasts for capacity and revenue, through 2024. Today, reciprocating engine-based diesel gensets are among the fastest-selling, least expensive distributed generation
$538 billion global revenue from diesel gensets 2015 to 2024 – study Read More »
