Small-scale, domestically produced LNG has the opportunity to capture at least a share of an 8 trillion cubic foot a year market, but risks to adoption could hamper investment by both potential suppliers and end-users. Much of the discussion about liquefaction of domestically produced US gas has revolved around the potential for large-scale projects for… Keep reading →
BP displayed a lack of caution in agreeing to a rather lax set of standards regarding payment for Macondo oil spill claims. “The level of compensation was never capped and the settlement didn’t require proof that losses were caused by the spill.” [Bloomberg] Walgreens is building its first “net-zero energy” store in Illinois. Adding generation capacity… Keep reading →
East Coast utilities are making big grid investments to prep for a hot and stormy 2013. Fresh on the heels of Hurricane Sandy’s destruction last year, East Coast utilities are girding their grids for future storms, including a 2013 hurricane season that’s shaping up to be a tough one, according to the latest forecasts. That spending… Keep reading →
June 1 marked the start of hurricane season, meaning that utilities and customers in vulnerable areas should be gearing up to manage power outages. Ways of improving the reliability of power generation include providing the utility with more information in less time, and creating generation systems that can operate totally independently of the grid. Updating… Keep reading →
Oilfield service companies are being told to prepare for a ramp-up in natural gas drilling next year as the outlook for prices continues to improve, according to Barclays Oil Services and Drilling analyst James West. West presented the results of a semiannual survey of more than 300 oil and gas companies’ budgeted global upstream capital… Keep reading →
Unrest in Turkey could upset Kurdish and Israeli plans to develop, and ultimately export, oil and gas respectively. [Quartz] Shareholder activism – rather, activism by select shareholders – is upsetting energy company executives’ plans to hold on to their jobs until they choose to leave. [WSJ] Competition from independent Russian gas producers, such as Novatek,… Keep reading →
By Kiran Moodley Following UK firm IGas’ news that a larger amount of shale gas than previously thought may be available in the north of England, the British Geological Survey (BGS) has urged caution. IGas said there could could be between 15 and 170 trillion cubic feet (tcf) of gas in an area of 300… Keep reading →
The potential for water scarcity touches several segments of the energy sector, from hydraulic fracturing to hydropower to power plant cooling to growing algae or crops for biofuels. As water needs from the sector rise, this raises the question of how water use in energy should be regulated. Commentators with expertise in various aspects of… Keep reading →
Shell says its investments in North American natural gas fueling infrastructure are focused solely on liquefied natural gas, citing greater infrastructure challenges for compressed natural gas (CNG) vehicles and greater in-company expertise in producing LNG. Shell has announced several initiatives to supply LNG to the North American transportation sector. These include a joint venture with… Keep reading →
A switch to electronic trading of company shares in the 1980s was part of a technology-led ‘Big Bang’ that transformed market activity, prompting both spectacular growth and innovation in the sector but also laying the groundwork for unprecedented complexity across all kinds of markets, including energy commodities. Compliance, that absolutely necessary but often despised activity,… Keep reading →
