In this month’s issue, Olga Gorstenko discusses the energy industry’s agreement to disagree about policy directions in regard to the type of generation resources to dominate stack additions. Her editorial addresses a surge in North American renewable energy generation and a “resurrection” of natural gas and oil. Gillian Dunks also discusses how oil price assessments […]
Traditional methods of extracting oil and fossil fuels eventually face a limit. We can only return to the same well so many times before the well runs dry, and we must look elsewhere. In the case of oil and fossil fuels, we have begun to look deeper and deeper beneath the surface of the planet […]
Many people are only just getting used to the idea that Burma is now called Myanmar, that after almost 50 years of military rule it is moving quickly toward full democracy and that, following the easing of US and EU sanctions, it is open for business. But in Asia, the rich business opportunities in Myanmar […]
As conventional oil and gas become less available, countries tend to fulfill their energy needs via other unconventional sources. And, when it comes to natural sources, such as oil and gas, shale oil and gas is one of the major resources that is going to change the rules of the game. A study by Wood […]
This is the Part Two of Three in our series on the NYISO market. In the Part One, titled ‘The Need for Enterprise Data Management in the NYISO’, Ian gave an operational overview of NYISO as an independent system operator. In today’s blog, we’ll take a look at different products and reports available in NYISO […]
Most oil companies have a dedicated team exploring new sources of energy, be it offshore crude, natural gas or any unconventional source. But, the inundating supply of crude from the Alberta oil sands and shale in the U.S. has redefined the scope and financial viability of offshore crude exploration. The official proven crude oil reserve […]
After eight years in the works, a sod-turning ceremony was held September 13, 2013 to celebrate the beginning of a new project that will result in a $5.7 billion refinery in Redwater, Alberta (about 50 km north of Edmonton) (The Globe and Mail). The Sturgeon Refinery is the first large-scale refinery to be built in […]
In the BusinessWeek article, “The Giant Sucking Sound: Why is Oil leaving Cushing’s Tanks So Fast?” , Matthew Philips takes a look at why a “historic glut of crude that built up in Cushing over the past three years” has dropped 40% (to 34 million barrels from 50 million barrels) at the close of August […]
In the city that never sleeps, Platts will play host to one of the commodities industries’ foremost events in Mumbai early next month. Platts Commodity Week is an informative free event that gives the low down on all of the most important happenings for those engaged in energy and commodity markets. In our experience, it’s […]
With all the talk about stemming the flow of greenhouse gas emissions, reducing the world’s population’s carbon footprint on earth, and the fight over global warming, the idea of simply storing carbon dioxide (CO2) gasses back underground – from where we originally took the oil and natural gases that we burn – almost seems too […]