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Month: October 2016

Category:
  • Climate

These Regulations Could Further Boost Natural Gas Prices

Major development this past week in the world’s top natural gas play — the Marcellus shale of the northeastern U.S. Lawmakers in Pennsylvania — where the bulk of the Marcellus Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Electric Cars

Cumulative plug-in vehicle sales topped 500K units in US in September

Cumulative sales of plug-in vehicles in the US topped 500,000 units in September, according to figures gathered by the US Department of Energy (DOE). The introduction of the first mass Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Biofuels

NREL and partners build pilot plant to co-process biomass streams with petroleum

The National Renewable Energy Laboratory (NREL), together with leading petroleum refining technologies supplier W.R. Grace, and leading pilot plant designer Zeton Inc., built a unique pilot-scale facility that can produce Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla, Apple and Uber Push Lithium Prices Even Higher

Lithium carbonate After more than tripling in price this year, Lithium is no longer that dull commodity we take for granted in our consumer electronics: It’s the commodity powering the Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. shale output drop seen for 12th straight month in November: EIA

U.S. shale oil production was expected to fall for a 12th consecutive month in November, according to a U.S. government forecast released on Monday, on the back of a two-year Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Norway

More gas found in North Sea

A Norwegian regulator said a discovery of mostly natural gas was made in part of the North Sea not previously known to hold natural reserves The Norwegian Petroleum Directorate, the Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Russia

Russia Says Six-Month Oil Output Freeze Most Efficient

Novak Russia Freezing global crude oil production for six months with an option for an extension would be the most appropriate and efficient way to rebalance the market, Russia’s Energy Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

BP says will break even with oil at $55/barrel in 2017: CEO

BP chief executive Bob Dudley expects oil to trade at $50-$60 a barrel next year, he said on Tuesday, adding that his company would break even at prices slightly below Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Peak Oil

Oil’s Biggest Threat: Demand To Peak Within 15 Years

For more than two years the oil industry has suffered through its worst down cycle since the 1980s, and relief may not come until the middle of 2017 at the Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Extends Decline as U.S. Producers Boost Drilling Amid Glut

Drill rig count climbs seventh week to highest since February Libyan crude output increases to 560,000 barrels a day: NOC Oil extended declines after U.S. producers increased drilling as the Continue Reading

Posted On : 17 Oct 2016 Published By : Tom Whipple

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