Energy Update
May 17(Reuters) - Support services group DCC said it
expected to see another profit growth in the current financial
year after it posted a 35.5 percent rise in full-year operating
profit.
May 17 (Reuters) - A rally in U.S. crude oil prices recently
has put the market on its firmest footing since the rout started
in 2014, with the spread between prices for near-term delivery
and future delivery narrowing, suggesting the worst of the
supply glut may be over.
(Tue, 17 May 2016) The U.S. Energy Information Administration provides a long-term outlook for energy supply, demand, and prices in its Annual Energy Outlook (AEO). This outlook is centered on the Reference case, which is not a prediction of what will happen, but rather a modeled projection of what might happen given certain assumptions and methodologies.
(Tue, 17 May 2016) This release is an annotated PowerPoint summary and the data for two cases from the Annual Energy Outlook 2016. The cases released today are the Reference case, which includes one possible implementation of the final Clean Power Plan (CPP) rule promulgated by the Environmental Protection Agency, and a No-CPP case, which assumes that the CPP rule is not implemented.
(Tue, 17 May 2016) With this release, the CBECS consumption and expenditures data is complete. The 2012 CBECS consumption and expenditures detailed tables are comprised of Tables C1-C38, which cover overall electricity, natural gas, fuel oil and district heat consumption, and tables E1-E11, which disaggregate the same energy sources by end use (heating, cooling, lighting, etc.). All of the detailed tables contain extensive row categories of building characteristics.
TOKYO, May 17 (Reuters) - Investment by big Japanese firms
in upstream oil and gas developments is set to fall by around 40
percent to about 1.2 trillion yen ($11 billion) in 2016/17 due
to current low prices, a government Energy White Paper showed on
Tuesday.
LONDON, May 16 (Reuters) - "India is taking over from China
as the main growth market for oil," the International Energy
Agency observed in its latest petroleum market update ("Oil
Market Report", IEA, May 2016).
LONDON, May 16 (Reuters) - "The oil market has gone from
nearing storage saturation to being in deficit much earlier than
we expected," Goldman Sachs analysts said in a research note
published on Sunday.
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