Aside from minor adjustments, BP’s latest Energy Outlook is mostly business-as-usual, writes Fereidoon Sionshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. BP seems to have missed out entirely on the agreement reached in Paris in December 2015, as if it did not happen, notes Sionshansi: "The Outlook seems more of a wish list than a forecast." … [Read more...]
Exxon’s never-ending big dig
ExxonMobil not only appears to have ignored its own scientists when they warned about the dangers of greenhouse gas emissions in the 1980s, the company even took advantage of its inside knowledge by leasing large tracts for Arctic oil exploration, writes famous author and activist Bill McKibben in a revealing essay. What is worse, says McKibben, is that even today Exxon continues to spend billions finding and producing ever more fossil fuels. But … [Read more...]
World Energy Council: unconventional gas will conquer the world
The growth of unconventional gas is spreading across the world with major implications over many years for markets and prices according to a new World Energy Council study ‘Unconventional gas, a global phenomenon’. The report notes that many countries have similar shale gas potential to the US and predicts an “accelerated spread” across the world. … [Read more...]
Robert Johnston, CEO Eurasia Group: “Take a seat at the table and advocate for gas”
The big question in the energy sector today is whether the world will move to a zero-carbon policy in which fossil fuels have no place, or a world in which natural gas is part of the solution, says Robert Johnston, CEO of US-based consulting firm Eurasia Group, in an interview with World Energy Focus. Johnston advises companies to “take a seat at the policy table and advocate for gas” to counter “growing demands to exclude natural gas”. … [Read more...]
viEUws video: Brussels Briefing on Energy for February 2016
In this latest Brussels Briefing on Energy, journalist Hughes Belin introduces the European Commission's "winter package" on energy security. This is the first real test of the European Energy Union. He describes two sensitive legislative proposals to give the Commission more scrutiny powers over intergovernmental agreements on energy and to improve gas security of supply through more reverse flows, a regional approach and a new solidarity … [Read more...]
EU insists energy security is about more than gas
“When it comes to energy security in the long term, there is no better antidote than focusing on sustainable energy,” said EU Climate and Energy Commissioner Miguel Arias Cañete at the launch of a new EU energy security master plan in Brussels on 16 February. The Commission defended its proposals – which focus on safeguarding gas supplies – as an aid to moving Europe along to a low-carbon economy as well as preparing it for possible supply … [Read more...]
High time for a Western oil strategy
This is an ideal time for Western governments to put in place a strategy to ensure that oil will no longer lead us into war, writes Frank Vogl, co-founder of Transparency International. But a “Clean Trade Act” as advocated by Leif Weinar in his impressive new book on oil dictatorships won’t work. Better to proceed on a case-by-case basis. Courtesy The Globalist. … [Read more...]
A health check for the oil majors: not dead yet
Market watchers are announcing the demise of the oil majors. Not for the first time. According to Jilles van den Beukel, former geoscientist with Shell, the oil companies are indeed seeing their world shrinking. But they are not dead yet: their reason for being – the world’s demand for oil and gas – is still there. … [Read more...]
Report warns: LNG may lose out to renewables
A new report by economists at The Brattle Group finds that the financial viability of LNG projects is increasingly being threatened by competition from renewable power sources, especially in Asia. They warn that “this increasing competition has significant ramifications for the many LNG export projects now in development across North America and for buyers of LNG that have signed long-term contracts”. … [Read more...]
Carbon capture and storage comeback must focus on industry not energy
Since the Paris climate agreement and its ambitious resolve to keep global warming to 1.5C over pre-industrial temperatures, a number of influential publications have been declaring the death of carbon capture and storage (CCS). But critics fail to make a distinction between CCS for power plants and for industrial manufacturing, writes Charles Digges of the Norwegian NGO Bellona. CCS is the only way to substantially reduce industrial emissions. … [Read more...]
How to stop the fossil fuel industry from wrecking our world
In spite of the Paris Agreement, the fossil fuel industry is carrying on much as before, writes famous author and activist Bill McKibben, founder of NGO 350.org. This is partly because of the influence Big Oil has, but also because there are no legal grounds – from a climate perspective – on which to stop projects. However, notes McKibben, citizen groups are increasingly resisting projects at the local level. Courtsey Tomdispatch.com. … [Read more...]
60 reasons why oil investors should hang on
The inevitable will occur: supply and demand will cross again and oil prices will recover, writes Dan Doyle of Oilprice.com. Doyle presents an upbeat view of the oil market – from the perspective of the oil industry. He just hopes the recovery will be orderly and not end in a mess. … [Read more...]
EU takes on gas in first battle for European Energy Union
The European Commission is heading for a full-on confrontation with Member States with a new set of proposals on gas security of supply: a fresh attempt by Brussels to impose a truly European policy. According to leaked drafts obtained by Energy Post, the Commission will demand more oversight on gas deals with foreign countries and suppliers, and look to replace national gas policies with regional ones. There will also be a first-ever LNG and … [Read more...]
Why the new Saudi oil policy is likely to succeed
Many observers have been surprised by the willingness of Saudi Arabia to let the oil price collapse. But according to geophysicist and former geoscientist at Shell, Jilles van den Beukel the policy of the Saudis makes perfect sense. What is more, it is likely to succeed. … [Read more...]
Connect North Sea oil and gas platforms to offshore wind farms to produce green gas
Abandoned oil and gas platforms in the North Sea can be profitably converted into production and storage units that convert electricity from offshore wind farms into hydrogen and synthetic gas. That’s the main finding of a new study carried out by the Dutch Energy Delta Institute (EDI). A positive business case can be made for this application if the gas can be sold to a dedicated niche market for green gas, e.g. the chemical industry or the … [Read more...]
- « Previous Page
- 1
- …
- 34
- 35
- 36
- 37
- 38
- …
- 54
- Next Page »