Energy and the economy are inextricably linked. Producing modern society’s goods and services and delivering them to markets requires huge volumes of energy in various forms. Whether it’s developing a utility-scale wind or solar power project, bringing a natural gas field online or launching an energy efficiency services company, millions and even billions of dollars… Keep reading →
Alaska and the oil companies developing the Prudhoe Bay and Point Thompson resources located on the remote North Slope are sitting on a lot of gas that can be used by Alaskan consumers and exported if the stakeholders can work through a maze of financial and technical considerations. With a cost estimated between $45 and… Keep reading →
Major oil and gas companies’ recent record of bringing large projects on stream within projected timeframes and budgets leaves much to be desired. Ernst & Young analyzed the performance of 365 megaprojects – those costing over $1 billion – and found 64% face cost overruns and 73% face delays. See Kashagan in Kazakhstan as one… Keep reading →
Breaking Energy featured the Top 10 New York Energy Entrepreneurs back in June as part of an extremely popular top 10 series that ran during New York Energy Week. The entrepreneurs were chosen by their energy industry peers via an open nomination process that returned a robust list of candidates. Whittling the impressive list of… Keep reading →
Last week, the 2nd New York Energy Week (NYEW) concluded. At its closing ceremony, the esteemed Richard Kauffman, Chairman of Energy and Finance for New York State, Office of the Governor of New York, offered his thinking on a new energy system. There is no better person to explain the thinking behind the policy than… Keep reading →
We all know money talks, and that is certainly the case in capital-intensive energy businesses. Whether it’s developing a utility-scale wind or solar power project, bringing a natural gas field online or launching an energy efficiency services company, millions and even billions of dollars can be spent before profits are generated. And bringing investors onboard… Keep reading →
There is a great deal of focus on the US LNG export permitting process, with many LNG export proponents grumbling about delays in receiving required approval from the Department of Energy and Federal Energy Regulatory Commission. And while there are legitimate issues associated with obtaining necessary permits – primarily delays in the process can impede… Keep reading →
The innovative event series New York Energy Week is back in its second year to celebrate leading companies, government officials, entrepreneurs and the other stakeholders who help the state’s various energy sectors and businesses run smoothly. In order to highlight some of the important people at the cutting edge of New York energy initiatives, Breaking… Keep reading →
No you can’t deposit your money in a bank powered solely by wind and solar – well, maybe you can – but that’s not what the New York Green Bank (NY Green Bank) is about. This bank manages a pool of state money designated to help finance private sector renewable energy, energy efficiency and other… Keep reading →
One emerging theme at CERA Week, currently underway in Houston, is the need for major oil companies to reduce capital expenditure amid range-bound oil prices and escalating costs. Chevron CEO John Watson reportedly said “One hundred dollars per barrel is becoming the new $20, in our business.” So ostensibly oil prices need to increase by… Keep reading →
