• The DNA Of Oil Wells: U.S. Shale Companies Enlist Genetics To Boost Output

    • Date: 29/03/17
    • Ernest Scheyder, Reuters

    A small group of U.S. oil producers has been trying to exploit advances in DNA science to wring more crude from shale rock, as the domestic energy industry keeps pushing relentlessly to cut costs and compete with the world’s top exporters. Shale producers have slashed production costs as much as 50 percent over two years, waging […]

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  • US Coal Production On The Rise As Gas Prices Go Up

    • Date: 29/03/17
    • U.S. Energy Information Administration

    After falling in six out of seven quarters since mid-2014, coal production rose in the third and fourth quarters of 2016. Source: U.S. Energy Information Administration, Weekly Coal Report and Quarterly Coal Report and U.S. Mine Safety and Health Administration Among the coal supply regions, the Powder River Basin in Montana and Wyoming saw the largest increases in the second half of […]

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  • Shell’s New Permian Shale Play Profitable At $20 A Barrel

    • Date: 27/03/17
    • Rakesh Upadhyay, Oil Price

    OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. 2017-19 is likely to see the largest increase in mega projects’ production in history. Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp., are planning $10 billion of investments in shale in 2017, a quantum […]

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  • OPEC Cuts Filling Wallets Of North American Oil Producers

    • Date: 24/03/17
    • Bloomberg

    OPEC’s supply cuts are providing a windfall for producers of heavy crude from Western Canada and the Gulf of Mexico. Prices for Western Canadian Select and Mars grades have strengthened relative to benchmark West Texas Intermediate since OPEC began implementing its reductions this year. These gains have held even after WTI sank below $50/bbl earlier […]

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  • U.S. Shale To Feed European Gas Market Battered By Coldest January In Seven Years

    • Date: 24/03/17
    • Bloomberg

    The heart of Europe’s gas market may finally get a helping hand from the American shale revolution as fuel is poised to cross the Atlantic to replenish depleted inventories after the coldest January in seven years. Northwest Europe, one of the biggest trading regions for the fuel, hasn’t yet attracted any liquefied natural gas cargoes […]

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  • Nottinghamshire County Council Approves Plans for Shale Gas Drilling

    • Date: 23/03/17
    • Nottingham Post

    Councillors have approved plans for shale gas drilling to be carried out in Nottinghamshire for the second time in four months. Artist’s impression of what the site at Tinker Lane could look like Dart Energy has been given the green light by Nottinghamshire County Council to drill an exploratory for shale gas well on land off the A634 between […]

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  • Facts Global Energy: Only 10% Of Cars Will Be Electric By 2040,

    • Date: 21/03/17
    • Cuneyt Kazokoglu, Financial Times

    The popular claim that a surge in electric cars will hasten the arrival of peak oil demand is undermined by the data. The majority of the world’s cars will remain powered by petrol, also commonly known as gasoline, for at least the next two decades and this will drive oil demand, according to data from […]

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  • Australia’s Energy Crisis Worse Than Expected

    • Date: 21/03/17
    • Robert Gottliebsen, The Australian

    The looming crisis is much worse than I expected. Three state governments, Victoria NSW and South Australia, have vandalised our total energy system. The Premiers of each state clearly had no idea what they were doing and did not sit down with top engineers outside the government advisers to work out the best way to […]

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