• Study: Battery Storage Far Too Costly For Practical Use

    • Date: 17/04/18
    • Daily Caller

    Exorbitant battery storage costs prevent rooftop solar installations from paying for themselves in the long run, making home energy storage an impractical use for average UK consumers in the foreseeable future, a new study determined. As the renewable energy industry continues to draw more interest from environmentally conscious consumers, battery storage technology is becoming more sought […]

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  • Second Shale Revolution Is On The Horizon

    • Date: 16/04/18
    • mrt news

    In less than two decades, Permian Basin operators have unleashed a shale revolution that has virtually tripled crude production from the region and upended global energy markets. Now a second revolution is on the horizon as operators prepare to re-enter those wells that launched the first revolution and implement secondary recovery projects. That can consist of […]

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  • OPEC Sees Oil Markets Tighten Further Even As U.S. Shale Booms

    • Date: 13/04/18
    • Reuters

    The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply cuts while revising up its forecast for production from rivals who have benefited from higher oil prices. U.S. shale oil output has been booming over the past year since OPEC reduced its own production […]

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  • OPEC Political Crises Threaten to Double Its Million-Barrel Cut

    • Date: 11/04/18
    • Bloomberg

    The deal OPEC struck in 2016 to clear a global glut by halting a significant chunk of oil production took almost a year of bargaining and brinkmanship. By year-end, the group may have lost the same amount of crude unintentionally.  The Organization of Petroleum Exporting Countries is already cutting daily production by much more than […]

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  • Shale Revolution Goes Global & Offshore

    • Date: 10/04/18
    • Bloomberg

    Bahrain discovered the first oil on the Arab side of the Gulf in 1932. It took a long time for the small island to find anything of similar significance, but its recent announcement of an enormous shale oil resource under its shallow waters should not be underestimated: Commercial offshore shale oil production would be a first for […]

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  • ‘Coal Is Here To Stay For The Foreseeable Future’

    • Date: 07/04/18
    • Mining Global

    The International Energy Agency forecasts that coal will remain among the largest single sources of electricity generation for another 30 years, with it currently accountable for 41% of global generation and 29% of all primary energy demand. Outside of gold, coal is arguably one of the first mineral resources that springs to mind when the […]

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  • Trade War: After Targeting U.S. Farms, China May Strike America’s Shale

    • Date: 06/04/18
    • Bloomberg

    China’s tariffs in one corner of the energy market signal U.S. shale fields may follow the nation’s farms as a target if a trade war escalates. Beijing on Wednesday took aim at America’s rural heartland by proposing levies on politically sensitive farm commodities such as soybeans, which were among 106 U.S. products targeted. The list also included petrochemicals and […]

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  • Shale Revolution 3.0: Bahrain Hits (Black) Gold With Biggest Shale Discovery In World

    • Date: 05/04/18
    • The Times

    The map of the world’s energy reserves and the corresponding balance of power was dramatically changed with the announcement that the tiny Gulf state of Bahrain has discovered a vast oil and gas reserve. The discovery of 80 billion barrels of shale oil, equivalent to Russia’s entire reserve, catapults Bahrain to the top of the […]

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