Home » Energy (Page 154)
Category Archives: Energy
Surf’s Up!
Surf’s Up! The wave of change is finally here. Are you prepared to ride it? Nothing seems right anymore. In whichever direction we choose to look, things are unraveling at a quickening pace. Welcome to the Fourth Turning; and with it, a profound loss of trust in institutions and government. Such lack of social cohesion is […]
Russia Bets Big On The World’s Least Explored Oil Frontier
Russia Bets Big On The World’s Least Explored Oil Frontier When the inaugural Russia-Africa summit was held in October 2019, most industry observers believed that the majority of projects under discussion would not get past the FID stage – in no small part because of their varied economic prospects. As well as wheat exports, nuclear technologies, […]
IEA: The Oil Glut Is Going Nowhere
IEA: The Oil Glut Is Going Nowhere Global oil markets will remain well supplied this year, with a possible overhang of some 1 million bpd, the head of the International Energy Agency, Fatih Bitol, told Reuters.close [x]ReplayUnmuteLoaded: 0%Progress: 0%Remaining Time -0:00CaptionsFullscreen “Non-OPEC production is very strong. We still expect production coming from, not just United States, but also […]
Emergency alert issued after ‘incident’ at Pickering Nuclear Generating Station
Emergency alert issued after ‘incident’ at Pickering Nuclear Generating Station The Province of Ontario has issued an emergency bulletin after an “incident” at the Pickering Nuclear Generation Station The emergency bulletin, which was sent out shortly after 7:20 a.m. on Sunday, said it applies to people within 10 kilometres of the facility. “An incident was reported at […]
Low Gas Prices Crush Appalachia Shale Boom
Low Gas Prices Crush Appalachia Shale Boom Low natural gas prices have finally brought the decade-long shale gas boom in Appalachia to a halt.close Gas production in Appalachia declined by about 1 billion cubic feet per day (Bcf/d) over the past 30 days, bringing output down to an average of 32.7 Bcf/d, according to S&P Global […]
The Quake Threat to Dams Posed by Fracking Was Long Warned
The Quake Threat to Dams Posed by Fracking Was Long Warned A new trove of internal exchanges shaken loose by Ben Parfitt amplifies decades of safety urgings. “Why is this so difficult?” a BC Hydro dam safety engineer plaintively asked his superiors seven years ago. He’d been stymied again in proposing that because the risks […]
Expect low oil prices in 2020; tendency toward recession
Expect low oil prices in 2020; tendency toward recession Energy Forecast for 2020 Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency toward recession can be expected. The extent […]
Tanker Operators Suspend Travel Through Strait Of Hormuz
Tanker Operators Suspend Travel Through Strait Of Hormuz Following Iran’s decision to lob missiles at US-Iraqi bases last night, several major tanker operators have suspended sailing through the Straits of Hormuz, the site of several tanker attacks last year. Petrobras, Bahri – Saudi Arabia’s state-run tanker operator – and other tanker companies have suspended sailing […]
2020 Will Be A Crucial Year For Oil
2020 Will Be A Crucial Year For Oil It’s the start of a new year and a new decade, and the oil market is as unpredictable as ever. Will OPEC+ extend its cuts? Will U.S. shale finally grind to a halt? Is this the “year of the electric vehicle”? Here are 10 stories to watch […]
Iran, energy and war
Iran, energy and war The American obsession with Iran is about oil and natural gas. If these two resources had been absent, it is hard to imagine such an intense American focus on the country from the time of a U.S. Central Intelligence Agency-backed coup of Iran’s elected government in 1953 to today. The Foreign Policy magazine piece linked […]
Russia Halts Oil Supply To Key European Transit Hub
Russia Halts Oil Supply To Key European Transit Hub Russia has halted oil supplies to Belarus amid a disagreement over tariffs, according to officials at a Belarusian oil refinery in the northern city of Navapolatsak. The officials told RFE/RL that the shipments stopped on January 1 and the facility is currently processing only Russian oil […]
Burn, Pay, Or Shut It Down: Three Evils For Permian Drillers
Burn, Pay, Or Shut It Down: Three Evils For Permian Drillers There was a time when natural gas was a welcomed byproduct of crude oil drilling, and drillers in the prolific Permian basin enjoyed this consolation prize–at least when natural gas prices were on the rise. All good things come to an end, though, and […]
Germany Aims To Close All Nuclear Plants By 2022
Germany Aims To Close All Nuclear Plants By 2022 Germany is going forward with its plan to phase out nuclear reactors by 2022 as another nuclear power plant is going offline on December 31. Power company EnBW has said that it would take the Philippsburg 2 reactor off the grid at 7 p.m. local time on New […]
“No More Transit Risk”: Ukraine & Russia Ink Landmark Gas Transit Deal, Hammering European Gas Prices
“No More Transit Risk”: Ukraine & Russia Ink Landmark Gas Transit Deal, Hammering European Gas Prices Ukrainian President Volodymyr Zelensky has hailed the completion of an against all odds landmark deal with Russia’s Gazprom as ensuring “energy security and prosperity for Ukrainians.” It will keep natural gas flowing to Western Europe via Ukraine for the next five years, which is […]
Empty Gestures on Climate Change
Empty Gestures on Climate Change When climate campaigners urge people to change their everyday behavior, they trivialize the challenge of global warming. The one individual action that citizens could take that would make a real difference would be to demand a vast increase in spending on green-energy research and development. MALMÖ – Switch to energy-efficient […]
