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The U.S.-Indonesia Comprehensive Partnership, the United States and Indonesia will partner to promote clean energy technologies and policies to help meet Indonesia’s growing energy demands. [White House Press Release] The United States has installed 40.7 megawatts of energy storage projects in homes, businesses and utilities in the second quarter of this year, nine times more than… Keep reading →

Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices

Cheaper oil has not been translating into economic growth over the last six months and falling oil prices have also stoked deflationary fears. Some countries have been using the drop in oil prices as an opportunity to raise gasoline taxes, slash fuel subsidies or both. China has raised fuel consumption taxes by 50% since November,… Keep reading →

A liquefied natural gas (LNG) tanker arr

One of the world’s first LNG exporters – Indonesia – is facing increasing domestic demand and dwindling gas reserves, motivating national oil company Pertamina to secure LNG imports. The company has already contracted supply from Cheniere Energy starting 2018 and recently announced plans to acquire a stake in a US Eagle Ford Shale producer before… Keep reading →

Wind Turbines Prepared at Harland and Wolff Shipyard

Siemens’ financing arm is seeing a shift in project finance from a focus on renewables to a more even mix of renewable and fossil fuel generation, according to US chief executive Kirk Edelman. “What we’re seeing now is a little bit of a shift away from a lot of focus on renewables to a more… Keep reading →

Rainbow Warrior And Crew Sail Into Sydney

Although the US does not yet export crude oil or LNG from the lower 48, the oil and gas production boom that exploded onto the scene in the past few years is having knock-on effects in other countries. So which ones benefit and which are getting left behind? Industry experts discussed the geopolitical implications associated… Keep reading →

Chinese Man Clears A Chinese National Map In Beijing

The US may be at the forefront of the shale revolution, but in a list of countries where above-ground factors are most conducive to oil and gas development, the country lags behind competitors such as Canada and the UK. The Energy Information Administration’s latest report on global shale resources, conducted by Advanced Resources International and… Keep reading →

Iceland Airwaves Festival - Day Four

The World Bank has unveiled a Renewable Energy Mapping Program that seeks to provide transparent, country-by-country data on renewable energy potential. The program will provide funding – $11.6 million in its first four years – for high-resolution mapping, ground-based data collection, geospatial analysts and strategic environmental assessments to ease energy planning and policy-making. First-phase participating countries… Keep reading →

Asia is the world’s largest infrastructure market, with $4.1 trillion in power market spending expected over the coming decade, experts told industry participants and journalists at a recent quarterly power sector briefing held by infrastructure firm Black & Veatch. Keep reading →