Opinion

image_print

Renewable Natural Gas Increasingly Used to Meet Part of EPA’s Renewable Fuel Requirements

Renewable natural gas (RNG), which is derived from biogas collected at landfills and other facilities, is increasingly used to meet government targets for renewable fuel production. In 2016, about 189 million gallons of RNG were used to meet about 82% of federal targets set specifically for cellulosic biofuel. The Renewable Fuel Standard (RFS) is a […]

LNG’s Asian price rally may become victim of its own success: Russell

The spot price of liquefied natural gas (LNG) in Asia is enjoying its traditional surge ahead of peak winter demand, and the near 40 percent rally over the past six weeks probably has further to go. While exporters of the super-chilled fuel will no doubt be trying to maximise the number of spot cargoes they […]

The Next Big Offshore Boom Is About To Happen Here

Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. On Wednesday, the country’s National Petroleum Agency put 287 oil and gas blocks […]

Mixed Fortunes Across the Oilfield Service and Equipment Sectors

The latest update to the World Oilfield Equipment Market Forecast shows little movement in global spending expectations over the next 5 years. Thus far, 2017 has seen a strengthening onshore rig count, led by US activity, but firms within the offshore sector have seen little abatement to the challenges presented over recent years. The contrast […]

Permian pipelines key to production growth: Fuel for Thought

When Willie Chiang, chief executive officer of Plains All American, rose to address an audience at the Houston Petroleum Club in mid-September, his message was clear: crude production from the Permian Basin will continue to grow and timing will be a critical factor to build pipelines. Delays will result in widening of price discounts for […]

Permian pipelines key to production growth: Fuel for Thought

When Willie Chiang, chief executive officer of Plains All American, rose to address an audience at the Houston Petroleum Club in mid-September, his message was clear: crude production from the Permian Basin will continue to grow and timing will be a critical factor to build pipelines. Delays will result in widening of price discounts for […]

Chinese Coal-Fired Electricity Generation Expected to Flatten as Mix Shifts to Renewables

Coal-fired electricity generation in China, the world’s largest coal consumer, is expected to remain flat through 2040, according to EIA’s International Energy Outlook 2017(IEO2017). Other fuels, such as renewables, natural gas, and nuclear power, are expected to make up increasing shares of China’s electricity generation. Despite declines in coal’s generation share, IEO2017 projects that coal […]

By September 29, 2017 0 Comments Read More →

Why Oil Prices Are Going Up, Despite the Doomsayers

Only a few weeks ago, pundits were bemoaning the collapse of oil prices. Then these self-proclaimed soothsayers became doomsayers and started predicting oil prices would decline to $40 a barrel (or below). When Hurricanes Harvey and Irma hit, these self-same founts of wisdom declared Mother Nature had hurled at us a double whammy, guaranteeing problems […]

By September 28, 2017 0 Comments Read More →

Baghdad Asks World To Stop Buying Kurdish Oil

A day before an historic vote for independent Kurdistan, the central government of Iraq issued a statement calling on “neighboring countries and countries of the world” to stop buying crude oil directly from the Kurdistan Autonomous Region and only deal with Baghdad. The independence referendum, which is expected to produce a positive vote, raised Baghdad’s […]

By September 27, 2017 0 Comments Read More →

Column: Energy renaissance continues

Senate Minority Leader Chuck Schumer evidently hasn’t visited a gas station this year. If he had, he’d realize that his recent diatribe against the oil industry is based on a complete fiction. During a recent television appearance, Schumer said, “gas prices are sticky. You know … when the price for oil goes up on the […]

By September 26, 2017 0 Comments Read More →