Oil outlook – crunch time or gloom mongering?
That the global oil market is set to tighten over the coming years is not in doubt, but whether it’s time to hit the panic button over a future supply crunch is another issue.
Error message
Notice: Undefined index: und in include() (line 207 of sites/all/themes/Porto_sub/node--feed-item.tpl.php).Air conditioning and other appliances increase residential electricity use in the summer
(Mon, 22 May 2017) Residential electricity consumption rises and falls seasonally substantially more than commercial or industrial consumption, largely because of air conditioning use in the summer. According to the most recent data from EIAâs Residential Energy Consumption Survey (RECS), nearly 9 out of 10 U.S. homes are air conditioned by central units, individual (window, wall, or portable) units, or both.
Saudi Arabia to Invest $20 Billion in Infrastructure, Mostly in U.S.
The investment company Blackstone says the Saudi sovereign wealth fund has committed the money to a fund that could spend up to $100 billion on infrastructure.
Milan steel fair gripped by talks on ILVA impact, import curbs
Steel industry participants gathered at Made in Steel fair in Milan, Italy, ahead of large changes expected in the Italian and wider European steel industry.
OPEC net oil revenues in 2016 were the lowest since 2004
(Fri, 19 May 2017) Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export revenues in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015, mainly because of the fall in average annual crude oil prices and, to a lesser extent, because of decreases in OPEC net oil exports.
Why Does New York State Control the Subway? That’s the 20-Cent Question
A political clash of egos half a century ago, arising from an effort to keep fares from going up, helps explain current service woes and questions of accountability.
China’s Trillion-Dollar Foreign Policy
President Xi Jinping is building his way across continents as American influence recedes.
Large commercial buildings are more likely to use lighting control strategies
(Thu, 18 May 2017) The most recent Commercial Buildings Energy Consumption Survey (CBECS) collected new information about lighting control technologies and strategies in the United States in 2012.
Cautious progress in Libya’s oil output
While rising Libyan oil production is problematic for OPEC as it seeks to reduce output to rebalance the market, on a national level it raises hopes that Libya is slowly recovering from years of war and infighting.
How can shipowners best deal with tighter IMO sulfur limits post-2020?
At the risk of stating the obvious, shipowners are in a tight spot.