• Resilient U.S. Shale Firms Ready to Pump More Oil

    • Date: 28/09/16
    • Lynn Cook and Bradley Olson, The Wall Street Journal

    When oil prices began to plunge two years ago due to a global glut of crude, experts predicted U.S. shale producers would be the losers of the resulting shakeout. But the American companies that revolutionized the oil and gas business with hydraulic fracturing and horizontal drilling are surviving the carnage largely unbowed.   Though the […]

    Read more
  • After Paris: Mexico To Open Its Shale Fields To U.S. Drillers Next Year

    • Date: 25/09/16
    • David Hunn, Houston Chronicle

    After years of delay, Mexico could open up its vast shale oil fields to U.S. drillers as soon as next year, the Mexican secretary of energy said Friday. Pedro Joaquin Coldwell, speaking to energy executives, attorneys and academics at Rice University, said that the long-suspended auctions for northern Mexico’s shale fields could reopen after the […]

    Read more
  • Paris Climate Deal Signed, China Starts Raising Coal Production

    • Date: 23/09/16
    • Reuters

    Major Chinese coal producers have started raising production, the China Securities Journal reported on Wednesday (21/09), potentially unleashing 11 million tonnes of new supply each month onto the market and derailing the meteoric rally in Asian prices. The move followed a meeting earlier this month to draw up a draft proposal that would allow miner […]

    Read more
  • Obama’s Africa Power Plan Falls Short, Leaving Continent In Dark

    • Date: 22/09/16
    • Toluse Olorunnipa and Tope Alake, Bloomberg

    President Barack Obama’s signature initiative for Africa — a $9.7 billion plan to double electricity access in the world’s poorest continent — has fallen well short of its goals, so far producing less than 5 percent of the new power generation it promised. President Obama talks with a solar-power businessperson in Kenya; photo Jonathan Ernst / […]

    Read more
  • China Funds And Builds Europe’s New Coal Power Plants

    • Date: 20/09/16
    • Maja Zuvela, Reuters & SeeNews

    The Balkan region’s first privately-funded power plant came online on Tuesday, increasing the region’s dependency on coal-fired power stations even as environmental concerns are driving them to the brink of the extinction elsewhere in Europe. It was built by China’s Dongfang Electric Corp and financed with the help of a 350 million euro ($391.13 million) loan […]

    Read more
  • Nick Butler: What Does The ‘Energy Transition’ Really Mean?

    • Date: 12/09/16
    • Nick Butler, Financial Times

    The shift to lower carbon fuels is neither the only transition nor the biggest challenge to the old order. [...] The transition is normally discussed in terms of the move from hydrocarbons to lower or zero-carbon sources of energy supply. Driven by the fear of climate change and by the adoption of various public policies, […]

    Read more
  • Coking Coal Outperforms Gold

    • Date: 10/09/16
    • Neil Hume, Financial Times

    Coal used in blast furnaces is best performing commodity of 2016 Coking coal, the material used by steelmakers to fire their blast furnaces, has become the best performing commodity of 2016 after surging more than 80 per cent over the past month on the back of production curbs and flooding in China. Premium hard Australian […]

    Read more
  • Saudi-Russian Oil Strategy Is Doomed To Fail

    • Date: 07/09/16
    • Tim Daiss, Forbes

    Doomed to fail is one way to the describe an agreement reached between Saudi Arabia and Russia on the sidelines of the G20 summit in Hangzhou, China on Monday. The world’s two largest oil producers pledged to set up a working group to monitor the market, and draft recommendations in hopes of stabilizing oil markets […]

    Read more
Back to top More articles: