Propping up domestic coal demand is an expensive snooze button By Meredith Fowlie The decline in U.S. coal-fired electricity generation is a good news/bad news story, depending on your perspective. The good news is that, as coal gets displaced by cleaner fuels, the climate changes more slowly, and we all breathe easier. But the pictures below […]
Comparing Trump vs. Notley policies on decline of coal Read More »
Hedge funds managers cut combined net long position in five major futures By John Kemp LONDON, Dec 11 (Reuters) – Hedge fund managers have started to take profits from the big rise in crude oil and refined products prices since June now the rally has lost momentum and inventories are showing signs of stabilizing. Portfolio
Column: Hedge funds start to take profits after oil rally Read More »
Oil rally falters as as record refinery runs, distillate production catch up with demand By John Kemp LONDON, Dec 7 (Reuters) – Surging prices for refined products, especially distillate fuel oil, led crude prices higher between June and November, but now fuels are slipping and putting crude under pressure. Gross refining margins for producing distillate fuel
Column: Crude oil rally stalls as fuel prices soften Read More »
Hedge funds raise bullish position following OPEC meeting By John Kemp LONDON, Dec 4 – Hedge fund managers raised their bullish position in crude oil and refined products by another 63 million barrels to a record 1,155 million barrels in the week before the OPEC meeting. Portfolio managers were emboldened as it became clear OPEC
Column: Hedge funds build record bullish position in oil ahead of 2018 Read More »
Winning bids in the latest Mexican renewables auctions were below two cents per kWh. By Lucas Davis and Veronica Irastorza The latest good news on renewable electricity generation comes from Mexico, where results were just announced for the country’s third renewables auction for large-scale projects. After average winning bids in April and September of last year
Column: Are Mexican renewables really this cheap? Read More »
Canada is largest source of US natural gas and oil imports At the North American Energy Ministerial on Nov. 14 in Houston, Texas, United States Secretary of Energy Rick Perry, Canada’s Minister of Natural Resources James Carr, and Mexico’s Secretary of Energy Pedro Joaquin Coldwell launched the North American Cooperation on Energy Information (NACEI) website, according
United States, Canada, and Mexico launch North American Energy information website Read More »
Wind could reach 30% power for Europe, reach installed capacity of 323 GW by 2030 Wind energy is set to become the leading source of electricity in the EU soon after 2030. This is according to the latest report from the International Energy Agency (IEA), ‘World Energy Outlook (WEO) 2017. “Wind energy is now firmly
Wind on track to become number one electricity source for Europe Read More »
Colder-than-normal end of winter could further boost local LNG demand, and global LNG price China’s introduction of the ‘2+26’ cities policy earlier this year calls for restricted use of coal for both residential heating and industrial purposes. This has significant ramifications for the Chinese winter season where demand is traditionally high, according to Wood Mackenzie.
Will LNG save China from winter gas shortage and boost global LNG prices? Read More »
Tender is a 75% drop from peak of $130/MWh of 2013 tenders Verano Capital, an American project developer headquartered in Santiago, announced the 47 MW solar project they initially developed was selected in Chile’s latest energy tender with a winning bid at 25.38 $/MWh, the lowest 24/7 block price combining solar and wind ever recorded in the
Chile tender sets new record low for wind, solar power generation tender Read More »
OPEC ministers must reassure bullish investors, calm fears of a price spike By John Kemp LONDON, Nov 29 (Reuters) – Ministers from the Organization of the Petroleum Exporting Countries and their allies meeting in Vienna on Thursday must make a series of fairly straightforward decisions but weigh the risks carefully. Ministers must consider six basic
Column: Key issues for OPEC oil ministers meeting in Vienna Read More »
