Lower oil and liquefied natural gas (LNG) prices, both off by around 40 percent and 60 percent in the past year respectively, will continue to change the global energy landscape, impacting everything from when and if new energy projects go forward, capex spending decisions at integrated oil majors, and even geopolitics. There is not much… Keep reading →
Rhetoric over China’s land reclamation work, placed at more than 2,000 acres, on submerged reefs and inlets in the Spratly Islands in the South China Sea (SCS) has entered its fourth week. The latest installment of this high-stakes drama reignited in early May when US satellite images showed that China had been building artificial islands… Keep reading →
The Western Canadian province of British Columbia (BC) is trying to get its liquefied natural gas (LNG) export plans together, they really are. However, problems are besetting the country’s once high-flying ambitions. As the price of crude oil, both global Benchmark Brent and NYMEX-traded West Texas Intermediate (WTI) plunged by over half since mid-June, BC’s… Keep reading →
In recent years, Qatar – with a population of only 2 million – has become the quintessential heavyweight in the global liquefied natural gas (LNG) industry. The small Middle Eastern country has been the world’s largest LNG exporter since 2006, and has made spectacular profits, particularly from 2011 to mid-last year, riding the crest of record… Keep reading →
Merry go round. Credit Shutterstock According to research by the Cologne Institute for Economic Research (Institut der Deutschen Wirtschaft Koeln) energy imports should not be “understood as a threat to the security of energy supply and an economic disadvantage” per se. The study – “Does Dependency Equal Vulnerability? Energy Imports in Germany and Europe” commissioned… Keep reading →
A very hopeful development, maybe even a game changer – by and large, that’s how climate-change activists were greeting the surprising news out of Beijing of cooperation between the U.S. and China on capping and cutting greenhouse gas emissions. Back in Washington, Republicans, about to take control of both houses of Congress, were outraged. In a… Keep reading →
There have been a variety of efforts in recent years to harmonize energy policy and markets across the US, Canada, and Mexico. At the North American Gas Forum meeting this past week in Washington D.C. some of these efforts were discussed. The most important change in the energy landscape has clearly been the shale boom with surprising… Keep reading →
Last week, the US and the EU hit Russia with a new sanctions regime in order to punish its continued meddling in destabilizing Eastern Ukraine. The economic restrictions are dubbed ‘Stage Three’ sanctions, indicating the increased level of severity meant to further ratchet up costs to the Russian economy. The sanctions now target Russian banking,… Keep reading →
China is the world’s largest coal producer and consumer and the world’s leading emitter of carbon dioxide emissions. China is also the world’s most populous country and is suffering from high pollution levels due to its unrestrained fossil fuel use. China’s leadership is under a great deal of pressure to both reduce air pollution and to… Keep reading →
Originally Posted on TheEnergyCollective.com If I asked you to think of renewable energy what comes to mind? I imagine it is skyscraper-sized wind turbines, solar panels on suburban roofs or massive hydro-electric dams. You probably do not think of burning wood or converting crops to liquid fuel to be used in cars. Yet throughout the world… Keep reading →
