Energy Update
(Thu, 26 May 2016) U.S. consumption of natural gas is projected to rise from 28 trillion cubic feet (Tcf) in 2015 to 34 Tcf in 2040, an average increase of about 1% annually, according to EIA's Annual Energy Outlook 2016 (AEO2016) Reference case. The industrial and electric power sectors make up 49% and 34% of this growth, respectively, while consumption growth in the residential, commercial, and transportation sectors is much lower.
LAGOS, May 26 (Reuters) - A militant group has purportedly
claimed a new attack on a Chevron oil facility in Nigeria's
restive Delta region, a message on a Twitter feed previously
used by the group to take credit for strikes against oil
facilities said.
SINGAPORE, May 26 (Reuters) - Oil prices inched towards $50
a barrel in early Asian trade on Thursday, after U.S. government
figures showed a sharper-than-expected drawdown of crude stocks
last week as imports dropped.
BOGOTA, May 25 (Reuters) - Colombia's constitutional court
on Wednesday struck down a law which requires mining permits be
issued exclusively by the national government, a decision which
could open the way for provincial and local authorities to
restrict mining in their areas.
Like all energy sectors, the wind energy industry is one filled with risks. From testing and production of wind turbine components through to transport, installation and lifetime servicing of turbines, occupational safety and health (OSH) risks abound at every step of the process.
CALGARY, Alberta, May 25 (Reuters) - Suncor Energy Inc
is pushing to reach full operations at its oil sands
projects in the fire-stricken Canadian province of Alberta
before July 1, according to several company employees.
NEW YORK, May 25 (Reuters) - Americans drove 5 percent more
in March than they did a year earlier, the U.S. Department of
Transportation said on Wednesday, as low gas prices have spurred
miles driven so far in 2016 to the highest level on record.
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