Coal


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The DRC: A Resource-Rich Country

Read more on the DRC's resource-rich potential in the Africa Energy Series Special Report: DRC 2020 – the leading investor resource for tracking the country's current and future movements within the sector. The Democratic Republic of the Congo (DRC) is considered to be one of Africa's richest cou ...

Aydanur Akkurt - Africa Oil & Power


Posted 22 days agoLink > DRCOilPower +36

Africa Oil & Power Launches DRC Investment Report, Aligns with Upcoming Summit

Find French version  here Africa Oil & Power (AOP) launched the Africa Energy Series Special Report: DRC 2020 as the country's premier, sector-specific report outlining key areas of investment across the domestic energy value chain. The Democratic Republic of the Congo (DRC) is home to Afric ...

Aydanur Akkurt - Africa Oil & Power


Posted 28 days agoPress > DRCAfrican Energyenergy industry +21

Fossil fuels account for the largest share of U.S. energy production and consumption

Aramco is still 98% owned by the Saudi government, and the federal coffers, which run everything from the national airline to plans to open up for official tourism are dependent on the dividends that Aramco pays. With dry season in the oil and gas world setting in, some of these projects must now ...

Hui Shan


Posted 2 months agoLink > ProductionsupplyConsumption +12

As U.S. coal-fired capacity and utilization decline, operators consider seasonal operation

Malaysia's national oil company Petronas is reportedly looking into buying its way into US shale, with driller DoublePoint Energy the target. DoublePoint Energy has a 100,000 acre tranche of drilling rights smack in the prolific heart of the Permian, currently producing some 55,000 b/d of shale o ...

Hui Shan


Posted 2 months agoLink > generationCoalElectricity +3

SHORT-TERM ENERGY OUTLOOK

It is, obviously, unsurprising that the recently released Q2 financials for the oil & gas supermajors contained distressed numbers as the first full quarter of Covid-19 impact washed over the entire industry. To make this change, Looney is looking to shrink BP's oil and gas output by 40% through ...

Hui Shan


Posted 3 months agoLink > STEOForecastCovid 19 +14

2019 U.S. coal production falls to its lowest level since 1978

Noble will also bring with it established positions in the Eagle Ford basin, significant US midstream assets and upstream assets in Israel and Equatorial Guinea, swelling Chevron's proven oil and gas reserves by 18%. Neptune Energy hit oil at the Dugong well in the Norwegian North Sea, and China' ...

Hui Shan


Posted 4 months agoLink > ProductionsupplyCoal +4

SHORT-TERM ENERGY OUTLOOK

From March 16 to May 4, the average regular retail price of gasoline in the West Coast (Petroleum Administration for Defense District, or PADD, 5) fell $0.58/gal to $2.44/gal, the lowest price since March 2016. Although the May 4, 2020, West Coast gasoline price is $0.65/gal higher than the U.S. ...

Hui Shan


Posted 6 months agoLink > nrgedgeSTEOshort term energy outlook +9

U.S. total energy exports exceed imports in 2019 for the first time in 67 years

And now, unprecedented oil prices, as the WTI crude price marker slipped into negative territory for the first time ever. This had the same effect, though different contributing factors  in 2019, when WTI prices were depressed because demand was high but pipeline capacity was insufficient to carr ...

Hui Shan


Posted 7 months agoLink > Coalnatural gasexports +5

U.S. coal plant retirements linked to plants with higher operating costs

EIA's analysis did not cover the entire fleet of coal power plants in the United States because not all plants report their variable operating and maintenance costs to the Federal Energy Regulatory Commission (FERC) on FERC's Form 1, Electric Utility Annual Report, which was used as a basis of the ...

Hui Shan


Posted 11 months agoLink > generationCoalElectricity +2

SHORT-TERM ENERGY OUTLOOK

Natural gas spot prices at the Waha hub in western Texas, located near Permian Basin production, settled at $1.55/million British thermal units (MMBtu) on August 15, the highest price since March 2019. GCX will provide much-needed additional natural gas takeaway pipeline capacity from the Permian ...

Hui Shan


Posted 1 year agoLink > CoalElectricityrenewable +3

SHORT-TERM ENERGY OUTLOOK

Facing a tough situation where shale oil prices are depressed due to a lack of infrastructure to send them to the US Gulf Coast for processing and export, independent US shale drillers are facing financial pressure as loans are no longer handed out like candy and investors are demanding results. ...

Hui Shan


Posted 1 year agoLink > ElectricityrenewableCoal +10

TODAY IN ENERGY: More U.S. coal-fired power plants are decommissioning as retirements continue

Plant owners intend to retire another 17 GW of coal-fired capacity by 2025, according to the U.S. Energy Information Administration's (EIA) Preliminary Monthly Electric Generator Inventory. After a coal unit retires, the power plant site goes through a complex, multi-year process that includes de ...

Hui Shan


Posted 1 year agoLink > CoalElectricitygenerating capacity +3

North American gas outlook to 2030

Debottlenecking and capacity additions that are currently or soon to be in progress will lead Appalachia to take a much larger role in supply, though associated gas from the Permian Basin will remain a substantial—and low-cost—supply source for much of the US Gulf Coast. However, ongoing associat ...

Hui Shan


Posted 1 year agoLink > Demandsupplygas price +8

Petroleum, natural gas, and coal continue to dominate U.S. energy consumption

Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century. Despite the increase, the fossil fuel share of total U.S. energy consumption in 2018 increased only slightly from 2017 and was the second-lowest share ...

Hui Shan


Posted 1 year agoLink > ConsumptionDemandCoal +4

TODAY IN ENERGY: U.S. electricity generation from renewables surpassed coal in April

With its audience of government ministers, international and national oil companies, CEOs and other top global industry influencers, the ADIPEC Awards provide the global oil and gas community the perfect opportunity to engage, inspire and influence the workforce of the future.” Held under the pat ...

Hui Shan


Posted 1 year agoLink > generationCoalElectricity +2