Energy Update
As oil prices continue to fall amid flat demand and near-record supply, a dramatic production slowdown is expected to hit the US sometime this summer, if not earlier..
(Fri, 20 Mar 2015) After reaching record levels in 2013, United States imports of biomass-based diesel fuel (both biodiesel and renewable diesel) fell 36%, to 333 million gallons in 2014. Uncertainty surrounding future Renewable Fuel Standard (RFS) targets and the absence of a late-year influx of volumes from Argentina were two main factors in this decline.
(Fri, 20 Mar 2015) Angola is the second-largest oil producer in sub-Saharan Africa, behind Nigeria. Despite some new oil fields coming online, Angola?s petroleum and other liquids production remained relatively stagnant over the past few years and declined slightly by 50,000 bbl/d to average 1.75 million bbl/d in 2014. Angola's production has been stagnant as a result of persistent technical problems.
The Linde Group has completed the basic engineering phase of Global Bioenergies' isobutene pilot plant in Leuna, Germany.
President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.
US biofuels editors explain how blending mandates have squashed biodiesel production and ethanol producers are reassessing their margins.
Assessing the outlook for ExxonMobil's continuing operations in Russia against the backdrop of international sanctions against the country.
US power editor Eric Wieser evaluates how the planned retirement of 10 GW of generation in the PJM footprint would have various effects worldwide.
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