• Trump Administration To Accelerate Shale Revolution

    • Date: 21/01/17
    • Platts

    An “American First Energy Plan” posted to the White House’s website as US President Donald Trump took office Friday promises to “embrace the shale oil and gas revolution.” “We must take advantage of the estimated $50 trillion in untapped shale, oil and natural gas reserves, especially those on federal lands that the American people own,” […]

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  • Trump’s Energy Revolution Poses Many Challenges

    • Date: 20/01/17
    • Gregory Meyer, Financial Times

    As Donald Trump moves into the White House, it would be hard to dream up a cabinet friendlier to fossil fuels. His nominees include Rex Tillerson, the former ExxonMobil chief tapped for secretary of state; Scott Pruitt, picked to run the environmental watchdog he fought as Oklahoma attorney-general; and Rick Perry, a former Texas governor […]

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  • Fracking Is Acceptable, Says Church of England

    • Date: 19/01/17
    • Emily Gosden, The Times

    The Church of England has concluded that fracking can be morally acceptable in a move that shale gas explorers hope could pave the way for drilling to take place on church land. After years of internal debate on the issue, the church has published an extensive briefing paper giving cautious support for fracking subject to […]

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  • Rising U.S. Shale-Oil Output Threatens OPEC’s Production Pact

    • Date: 18/01/17

    Output in Permian Basin poised to lead jump The oil market got a stark reminder Tuesday that rising oil production in the U.S. could upend efforts by major producers to bring global supply and demand for crude back in to balance. Just ahead of the settlement for oil futures prices CLG7, -1.54% on the New […]

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  • US Shale’s Great Awakening

    • Date: 16/01/17
    • Julian Lee, Bloomberg

    OPEC and its friends have just received some uncomfortable reading. U.S. shale oil production is beginning to boom again. The latest forecasts from the U.S. Energy Information Administration suggest that their agreements to boost prices and hasten the rebalancing of oil supply and demand by cutting output may bring the U.S. shale industry out of […]

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  • Global Renewables Spending Falls 18% As Green Policies Suffer From Brexit-Trump Effect

    • Date: 16/01/17
    • Joe Ryan, The Independent

     Global investments in renewable power dropped the most on record in 2016 as demand in China and Japan faltered. Worldwide spending on clean energy fell 18 percent from 2015’s record high to $287.5 billion, according to a report Thursday by Bloomberg New Energy Finance. It was the first decline since 2013 and comes as environmental policies face pressure from populist movements […]

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  • U.S. Company Submits Meltdown-Proof Nuclear Reactor Application To Nuclear Regulatory Commission

    • Date: 15/01/17
    • James Conca, Forbes

    NuScale Power is a company with a mission – to build the first small modular nuclear reactor in America. As of now, they are certainly on track. Last week, NuScale announced their submission of the first design certification application for any SMR in the United States to the Nuclear Regulatory Commission. They did all the legwork and got all their […]

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  • Russia Acknowledges Threat From Trump’s Energy Policy

    • Date: 14/01/17
    • Oksana Kobzeva , Reuters

    Russia’s Gazprom has acknowledged for the first time a threat to its dominant position in European gas market from an expected influx of liquefied natural gas (LNG) produced in the United States under Donald Trump’s administration. Gazprom, which supplies a third of Europe’s needs, had previously dismissed possible rivalry from the LNG exports from the United States, […]

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