Rough outage set to increase UK gas import reliance this winter
The UK's Rough storage facility outage is set to increase UK gas import reliance this winter. What will be the likely impact and how might the shortfall best be managed?
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(Wed, 20 Jul 2016) Electricity generated at power plants moves through a complex network of electricity substations, power lines, and distribution transformers before it reaches customers. In the United States, the power system consists of more than 7,300 power plants, nearly 160,000 miles of high-voltage power lines, and millions of low-voltage power lines and distribution transformers, which connect 145 million customers.
New Jersey Drivers Fume as Road and Bridge Work Stops
Amid a stalemate over taxes, road rage is climbing, detours are lengthening and the state is losing precious summer days to complete hundreds of projects.
Russia arms its energy weapon, targets Belarus over gas prices
Russia finds itself once again in a row with one of its neighbors over gas prices — a constant theme since the early 2000s — triggering renewed fears that Moscow is again using energy as a weapon to put pressure on its customers.
India continues developing its strategic petroleum reserve as its oil imports grow
(Tue, 19 Jul 2016) In response to India's increasing reliance on petroleum imports, India plans to bring online the country's first strategic petroleum reserve (SPR). The first phase of India's SPR includes three locations (Visakhapatnam, Mangalore, and Padur) in southern India with a combined capacity of 39.1 million barrels of crude oil. The Visakhapatnam facility on the eastern coast began filling its underground caverns last summer. The Mangalore and Padur facilities are expected to be completed in late 2016, according to FACTS Global Energy.
Turkey coup attempt: What has been the impact on global commodities, energy markets?
Following on from a failed coup attempt launched late Friday, July 15, by Turkish army officers, what has been the impact -- if any -- on commodities markets?
Fuel for Thought: OPEC’s pyrrhic market share victory
Paul Hickin blogs on how OPEC’s decision to defend its market share by opting for freewheeling crude oil production appears to be working.
The future of US fracking and finding who gets the final say
Fracking helped unleash a flood of new US oil and gas production, but it also brought a question: who, or what federal agency, has the power to regulate it?
U.S. oil companies closer to balancing capital investment with operating cash flow
(Mon, 18 Jul 2016) Although the crude oil price decline since 2014 has led to significant reductions in operating cash flow for U.S. oil companies, their immediate financial situations are improving. As oil companies' spending falls and crude oil prices increase, the need for oil companies to find external sources of funding may decline, which could reduce financial strain in the coming quarters.
Is India the next big thing in the Asian ethanol market?
Chatter has grown increasingly loud about Indian buying interest for seaborne, imported ethanol and there has been a flurry of new players hoping to jump onto the bandwagon.