Qatar’s announcement Tuesday that it will double the size of its proposed new development on the giant North Field to 4 Bcf/d and use the gas for LNG exports will throw off course multiple new LNG projects elsewhere in the world.
(Wed, 05 Jul 2017) Based on EIA survey data for new, utility-scale electric generators (those with a capacity greater than one megawatt), capacity-weighted average construction costs for many generator types have fallen in recent years. Annual changes in construction costs include the effects of differences in the geographic distribution of installed capacity between years, differences in technology types, and other changes in capital and financing costs.
(Mon, 03 Jul 2017) Fossil fuels have provided more than 80% of total U.S. energy consumption for more than 100 years. Since 1928, when consumption of natural gas surpassed that of biomass, the three fossil fuels—petroleum, natural gas, and coal—have been the most consumed fuels in the United States.
In the US, thermal coal is facing a long-term decline in demand, but don't forget that a significant amount of electricity consumed is still fueled by coal.
(Fri, 30 Jun 2017) EIA just held its annual energy conference in Washington, DC on June 26 and 27. More than 900 attendees from business, industry, academia, and government were on hand to discuss a wide range of energy issues.
OPEC and its associated non-OPEC producers’ decision in May to extend their output cuts through to end-March 2018 has not been met with overwhelming enthusiasm.
The American steel industry is desperately in need of relief, but it's not what you think. Tom Balcerek examines the uncertainty in the US steel markets stemming from the Section 232 investigation.
Hydro generation in the West has risen to new levels, which has pulled down power prices and cut back usage of other generation sources.
(Thu, 29 Jun 2017) The difference between high-sulfur residual fuel oil prices in Singapore and crude oil prices in Dubai/Oman has been narrowing since the spring. Low inventories of residual fuel oil in Singapore and lower residual fuel oil production from Russia are likely contributing to the narrowing price spread.
(Thu, 29 Jun 2017) Natural gas net imports set a record low of 685 billion cubic feet (Bcf) in 2016, continuing a decline for the 10th consecutive year. U.S. exports were more than three times larger than the level 10 years ago as a result of significant infrastructure improvements to natural gas pipelines and liquefied natural gas facilities. These changes are discussed in the U.S. Natural Gas Imports & Exports 2016 report.
