What Is Pushing China Back To Coal?
Data released by the Chinese energy bureau this week shows that the country added a whopping 194 million tonnes of coal mining capacity over the course of 2018. This revelation Continue Reading
Japan Struggles To Diversify Energy Mix
The percentage of renewables in the global energy mix has risen significantly over the years due to, for example, lower costs for photovoltaic cells. The improved financial position of wind and solar Continue Reading
China Can’t Get Enough Of This Discounted Oil
China is taking advantage of steep discounts for Iranian and Venezuelan crude to increase its imports from the two countries sanctioned by the United States, Bloomberg reports , adding that Continue Reading
Chinese industrial profits suffer sharpest contraction in a decade
Profits at large Chinese industrial companies fell at the fastest pace in almost a decade at the start of 2019, in the latest sign of a slowdown for the world’s Continue Reading
China’s Mad Scramble To Boost Domestic Oil Production
For countries who have complete control over their oil industry through their state-run oil behemoths, it’s easy to order them to increase oil output—costs be damned. But sinking money into Continue Reading
Texas Needs 11,000 More Miles Of Pipelines
Texas will need an additional 10,950 miles of oil and gas pipelines to accommodate rising production over the years to 2050, an IHS Markit study quoted by S&P Global Platts Continue Reading
Harbour Air and magniX partner to build world’s first all-electric airline; seaplanes to ePlanes
Electric aviation technology company magniX and Harbour Air, North America’s largest seaplane airline, announced a partnership to transform Harbour Air seaplanes into an all-electric commercial fleet powered by the magni500, Continue Reading
Shale’s Growing Pains Could Curb US Oil Production
The dramatic ramp-up in U.S. shale production is running into a combination of issues that threaten to slow the pace of expansion. (Bloomberg) — The dramatic ramp-up in U.S. shale Continue Reading
Duke CEO: Need Plan B if Atlantic Coast Pipeline Fails
Duke Energy Corp. will need another way to shuttle natural gas to customers in the U.S. Southeast if the troubled Atlantic Coast shale pipeline fails to overcome legal setbacks. (Bloomberg) Continue Reading
From Texas to the World: Surge of US Oil Exports On the Way
Oil trader Paul Vega is at the vanguard of shale’s next revolution. Driving his pick-up truck through the heartland of the Permian basin — the vast tract of west Texas scrub Continue Reading