Tag archives for EIA
Falling Oil Prices Drive Need for Better Data Management Practices
The perilous freefall of oil prices during the last several months has been a stark reminder that uncertainty and volatility are relentless forces in the energy and commodities markets. During such times, information can be our closest ally. But to be valuable, that information must of course be timely, relevant, and accurate. As such, an ...
Steelhead’s LNG Proposal & LNG Market Analysis with ZEMA
Liquefied natural gas (LNG) is quickly becoming a major energy commodity in the global industry. According to the U.S. Energy Information Administration (EIA), world consumption of LNG was 120,017 billion cubic feet (Bcf) in 2012, with the trend increasing from 116,395 Bcf in 2011. Canada has recently garnered the attention of LNG market observers, as ...
The Iraq Conflict: The ISIL Takeover and Brent Spread Pricing
The recent string of rebel takeovers in Iraq has affected not only the safety of its people but global energy markets as well. The last week of June 2014 marked a significant date for Brent-WTI spread pricing, as the Islamic State in Iraq and the Levant (ISIL) rebels took over Iraq’s largest oil refinery, Baiji. ...
Fuelling India’s Steel Industry With Foreign Coal
It's 67 years today that India gained its independence from British Rule. In that time India has seen its population increase threefold, while its economy has risen to ninth strongest in the world.
In terms of energy India is the fourth largest consumer after the U.S., Russia and China, having seen its commercial primary energy ...
The Emergence of Global Gas Markets: North America
Gas markets around the world have undergone some major shifts in the past decade. Production and storage levels have risen to historic levels in North America, where speculation over liquefied natural gas has reached fever pitch. Add environmental and political concerns to the mix, and you have a recipe for a lot of misinformation across ...
Is Solar Power at a Crossroads?
At the IHS CERAWeek energy conference in Houston last week, BP CEO Robert Dudley made it clear that his company was exiting the solar business. BP has invested billions of dollars over several decades into solar research but has indicated that it hasn’t yielded much of a return.
Dudley did however mention that this didn’t discount ...