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Month: January 2018

Category:
  • Oil Supply
  • USA

U.S. oil output to surpass record earlier than expected: EIA

U.S. crude oil production is expected to surpass 10 million barrels per day (bpd) next month, en route to all-time record months ahead of previous forecasts, the U.S. Energy Information Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Texas issues 12 percent fewer oil, gas drilling permits in December

Texas issued 885 oil and gas drilling permits in December, down 12 percent compared with the same month in 2016, the state’s energy regulator said on Tuesday. – December’s total Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Trump administration bars oil drilling off Florida after governor’s plea

President Donald Trump’s administration will not allow drilling for oil and gas off the coast of Florida after urging from the state’s governor, Interior Secretary Ryan Zinke said on Tuesday. Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore

How a Coal Baron’s Wish List Became President Trump’s To-Do List

President Trump’s first year in office has been a boon for the coal industry, with the Trump administration rolling back regulations on coal-fired power plants and withdrawing the United States Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Trump’s Offshore Plan Unlikely To Spark Drilling Rush

Last week, the Trump Administration proposed the most aggressive U.S. offshore oil and gas drilling plan since the Reagan Administration, offering to open more than 90 percent of the federal Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Coal

US coal generation to decline into 2019 as gas prices stay under $3/MMBtu: EIA

While coal crept closer to natural gas in total US electricity generation share in 2017, gas will widen the gap between the fuels this year and though 2019 on expected Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

EIA forecasts US crude oil production rate to break record high in 2018 and again in 2019; 10.3 and 10.8 million b/d

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 million b/d in 2018—the highest Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Energy Storage
  • Renewables

AkzoNobel and Gasunie investigating large-scale production of green hydrogen; 20MW facility for 3000 tons per year

AkzoNobel Specialty Chemicals and Gasunie New Energy are partnering to investigate the possible large scale conversion of sustainable electricity into green hydrogen via the electrolysis of water. Intended for Delfzijl Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Transportation

Watch Out, Airlines. High Speed Rail Now Rivals Flying on Key Routes

Across Asia and Europe, high-speed rail is providing a competitive alternative to air travel on the same routes, in terms of price and the all-important barometer of time. Put that Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Prices

Oil hits highest since May 2015 above $68 on tighter market

Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude inventories fell for the eighth week. Continue Reading

Posted On : 9 Jan 2018 Published By : Tom Whipple

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