• Shale Isn’t OPEC’s Only Problem

    • Date: 20/05/17
    • The American Interest

    A wave of new petroleum production from countries like Canada and Brazil is adding a new problem for OPEC nations who until now had been primarily preoccupied with U.S. output. When OPEC meets in Vienna next week to discuss an extension of the production cut agreement it brokered with eleven other non-cartel petrostates, America’s shale producers […]

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  • Coal To Remain India’s Main Energy For the Next 30 Years

    • Date: 16/05/17
    • Times of India

    NEW DELHI: Coal will remain India’s main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world’s third-largest coal producer and the third-biggest greenhouse gas emitter. It depends on coal for about […]

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  • Coal To Remain India’s Main Energy Source For At Least 30 Years, Govt Confirms

    • Date: 15/05/17
    • Reuters

    Coal will remain India’s main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world’s third-largest coal producer and the third-biggest greenhouse gas emitter. It depends on coal for about three-fifths of […]

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  • In Fight Against U.S. Shale Oil, OPEC Risks Lower for Longer

    • Date: 15/05/17
    • Bloomberg

    US shale oil has defied the naysayers. By the time OPEC meets in Vienna on May 25, U.S. output will be approaching the 9.5 million barrels a day mark — higher than in November 2014 when OPEC started a two-year price war. When Khalid Al-Falih arrived at Davos in late January, the Saudi oil minister […]

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  • Europe’s Solar Industry Is Now Collapsing As Subsidy Cuts & Chinese Competition Bite

    • Date: 11/05/17
    • Belair Daily

    Reduction in government support coupled with the rise of Chinese competitors have lead to the collapse of Europe’s solar industry. In recent times China has been giving Europe’s solar power industry a run for their money. They have since driven SolarWorld, a German-based company to insolvency and further reduced the overall profits of SMA Solar, the world’s […]

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  • Europe’s Biggest Solar Company Goes Up In Smoke

    • Date: 11/05/17
    • Reuters

    Germany’s SolarWorld, once Europe’s biggest solar power equipment group, said on Wednesday it would file for insolvency. Germany’s SolarWorld, once Europe’s biggest solar power equipment group, said on Wednesday it would file for insolvency, overwhelmed by Chinese rivals who had long been a thorn in the side of founder and CEO Frank Asbeck, once known […]

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  • African Nations To Build More Than 100 New Coal Power Plants

    • Date: 10/05/17
    • Jonathan W. Rosen, National Geographic

    More than 100 coal power plants are in various stages of planning or development in 11 African countries outside of South Africa — more than eight times the region’s existing coal capacity. Africa’s embrace of coal is in part the result of its acute shortage of power. Source: IEA Few places in the world exude […]

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  • US Shale Industry Roars Back To Life After Oil Slump

    • Date: 09/05/17
    • Financial Times

    Members of President Donald Trump’s cabinet have a new catchphrase for how they see the future role of the US: not just “energy-independent”, but “energy-dominant”. As Ryan Zinke, the interior secretary, put it at an industry conference in Houston last week: “Dominance is what America needs.” It would be tempting to dismiss that talk as hype, […]

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