Energy companies including those operating in various stages of oil and gas development, utilities and other energy-related businesses face an imminent wave of retirements that have many working hard to smooth the transition into a new generation of employees. In additional to science-based fields like geology and engineering, large companies need people to fill financial… Keep reading →
Statoil’s CEO Helge Lund gave keynote remarks to the audience at Columbia University’s Center on Global Energy Policy Spring Conference last week. He also engaged in some Q&A with IHS Vice Chairman and author of The Prize Daniel Yergin, who asked Lund about how Europe looks at the US unconventional production boom predominantly fueled by… Keep reading →
Natural gas’s environmental impact can be viewed in a positive light as a lower-emitting power generation source than coal or petroleum derivatives, or in a negative light as a source of methane emissions and driver of drilling activity. The University of Texas at Austin, in collaboration with the Environmental Defense Fund and nine natural gas… Keep reading →
The world uses about 91 million barrels of oil per day. And most forecasts suggest that oil consumption will rise over the next few decades, driven in large part by growing demand for transportation fuels, especially in Asia. Norway’s state-owned oil company, Statoil, predicts that oil demand will peak at around 105 million bbl/d in… Keep reading →
Energy forecasts rest on price assumptions, and price assumptions rest on shifting foundations, said Statoil Chief Economist Eirik Wærness at an event hosted by Columbia University’s Center on Global Energy Policy this morning, where he presented the Norwegian company’s global energy outlook to 2040. No matter how good the data on how much the world… Keep reading →
US energy policy is on hold for now, but several top-tier energy issues issues will be front and center when the House and Senate return to Capitol Hill after the August recess, according to Frank Maisano, Senior principal in law firm Bracewell Giuliani’s Government Relations and Strategic Communications Practice. Energy watchers should be on the… Keep reading →
The US Department of Energy announced conditional approval yeserday for 2 billion cubic feet per day of LNG exports from a proposed export project in Lake Charles, Louisiana to countries with which the US does not have a free trade agreement. This marks the third project obtain non-FTA export approval thus far. Proponents of unfettered… Keep reading →
The EPA released its finalized 2013 Renewable Fuel Standard yesterday, which laid out modified volumetric requirements for renewable fuels blended into the fuel supply, as well as more flexibility in meeting the standard. This year’s volumetric requirement is unchanged from a previous proposal, at 16.55 billion gallons this year. Of that volume, 1.28 billion gallons must be… Keep reading →
By Javier E. David While some observers are warning that surging shale development and new natural gas discoveries could spawn a potential glut, most energy market watchers say strong demand makes natgas oversupply a remote prospect. Natural gas development is growing by leaps and bounds, especially in the United States. In the throes of what… Keep reading →
