No doubt the Energy and Utilities industry has witnessed increasing complexity and significant challenges in recent years, centering around compliance issues, competitive pricing pressures, and business continuity. These issues, amongst others, will remain the focus for Board and Management’s corporate strategy and 2014 planning meetings around the world. Looking back on year 2013, and ahead… Keep reading →
The value placed on sustainable business practices and investments made in companies that embrace environmentally-friendly sustainable operating procedures has truly become de rigueur. You can’t watch TV, walk through the supermarket or read a corporate website without getting bombarded by green, carbon-neutral, organic, energy-efficient messaging. But how much of this is green-washed hype and how… Keep reading →
The U.S. is not the clear, go-to nation for energy manufacturing. But it’s no longer the nation that businesses automatically leave when it comes time to scale up innovations to commercial production, said Gene Sperling, Director of the National Economic Council, and it’s critical that the U.S. seize the opportunity that presents. Speaking to the… Keep reading →
Deutsche Bank changed its recommendation on shares of Cabot Oil & Gas – a major Marcellus and Eagle Ford Shale operator – causing that stock to move in today’s trading session. The investment bank is also optimistic on the US refining sector – putting a buy rating on Phillips 66 – formerly ConocoPhillip’s refining division.… Keep reading →
What can cost a billion dollars more each week before it even exists? At the end of September, the Louisiana governor’s office projected that a new gas to liquids project announced by Royal Dutch Shell would cost an estimated $12.5 billion. Less than a week into December, the multinational energy giant cancelled its plans amid… Keep reading →
ExxonMobil is the one of the world’s largest energy companies. But while the firm identifies its two primary priorities as producing energy and “reducing our emissions profile while we do it” – according to vice-president of government affairs Ken Cohen – energy, in this case, refers almost exclusively to oil and gas. ExxonMobil does have… Keep reading →
Tesla has a strong and growing presence in Germany, with 5 existing dealerships and 5 more coming soon, which is why the German safety regulator’s review of the company’s recent fire incidents is so important. “Tesla received a recent inquiry from the German Federal Motor Transport Authority, Kraftfahrt-Bundesamt (KBA), regarding the Model S post-crash fire… Keep reading →
By: Daniel Yergin, vice chairman of IHS The great controversy playing out over oil reform this month in Mexico will be central to Mexico’s economic future. Can declining oil production be turned around in order to support an expanding industrial economy rivaling the BRICs and become a global manufacturing hub? This oil reform is so… Keep reading →
Mergers and acquisitions in the North American power and utilities space is continuing to recover from a steep dropoff, with third-quarter 2013 deal activity up from second-quarter and year-ago levels. There were 12 power and utilities deals valued at more than $50 million in the third quarter, up from seven in the previous quarter and… Keep reading →
Technology start-ups and Russian oil companies are partnering up to turn flared gas into an economic benefit through gas-to-liquid generation Satellite data from the National Oceanic and Atmospheric Administration (NOAA) shows that Russia flared 35 billion cubic meters of gas in 2011 and is on par with the amount they’ve previously burned into the atmosphere.… Keep reading →
