• Westinghouse’s Bankruptcy Could Be the End of Nuclear Hopes in US

    • Date: 03/04/17
    • Diane Cardwell and Jonathan Soble, The New York Times

    Westinghouse Electric Company, which helped drive the development of nuclear energy and the electric grid itself, filed for bankruptcy protection on Wednesday, casting a shadow over the global nuclear industry. The filing comes as the company’s corporate parent, Toshiba of Japan, scrambles to stanch huge losses stemming from Westinghouse’s troubled nuclear construction projects in the American South. Now, the future of […]

    Read more
  • China And Pakistan Join Forces For World’s Biggest Brown Coal Programme

    • Date: 01/04/17
    • Bloomberg

    In the dusty scrub of the Thar desert, Pakistan has begun to dig up one of the world’s largest deposits of low-grade, brown, dirty coal to fuel new power stations that could revolutionize the country’s economy. China-Pak Economic Corridor will be constructed from 2014 to 2030. The project is one of the most expensive among […]

    Read more
  • China’s Coal Power Generation Rising For Second Year: Citi

    • Date: 31/03/17
    • Platts

    China’s coal-fired power generation as a percentage of the total energy mix is on the rise for the second year, despite the push towards renewable capacity additions in the country, Citi analysts said Friday.  The share of thermal power in the generation mix declined to 73% in 2015 from 83% in 2011.  Thermal has since grown […]

    Read more
  • 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 […]

    Read more
  • 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 […]

    Read more
  • 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 […]

    Read more
  • 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 […]

    Read more
  • 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 […]

    Read more
Back to top More articles:


We use cookies to help give you the best experience on our website. By continuing without changing your cookie settings, we assume you agree to this. Please read our privacy policy to find out more.