Energy Update
(Thu, 28 Mar 2019) EIAâs Annual Energy Outlook 2019 (AEO2019) Reference case projects that U.S. tight oil production, which became the more common form of oil production in 2015, will continue to increase through 2030, ultimately reaching more than 10 million barrels per day (b/d) in the early 2030s. Tight oil production reached 6.5 million b/d in the United States in 2018, accounting for 61% of total U.S. production. EIA projects further U.S.
McDonald’s has moved into the field of AI following a $300m (£226.7m) deal for a machine learning company. The deal between the fast food giant and Dynamic Yield,
The post McDonald’s acquires AI company for $300m to improve drive-thru service appeared first on Compelo - latest news, features and insight on influencers and innovators within business.
German car manufacturer BMW is reportedly looking to take over Honda’s Swindon factory when it stops production in 2021. Industry commentators believe the German car giant wants to
Mercury has committed to construction of the first 33 of 60 consented wind turbines at Turitea near Palmerston North, representing a key milestone in New Zealand’s renewable energy development.
Business leaders have claimed UK government advice on Brexit is “disjointed” and “confusing” – comparing it to “being plonked in the middle of a labyrinth with no map”.
From a “golden handshake” worth almost £6m to a £100m payout for a trio of bosses, the spotlight is finally being shone on excessive executive pay. The UK’s
Enel Green Power North America is acquiring the renewables developer that has partnered with it on several projects
Clean Energy British Columbia has issued an information bulletin and report in response to the Ministry of Energy, Mines and Petroleum Resources report issued Feb. 14 that said Crown provincial utility BC Hydro overpaid for electricity obtained through purchase agreements.
(Wed, 27 Mar 2019) A comprehensive report summarizing results from EIAâs <em>Short-Term Energy Outlook</em> and the <em>Annual Energy Outlook 2019</em> on the effects of changes to marine fuel sulfur limits on energy markets from 2020 onwards. The change in sulfur limits has wide-ranging repercussions for the global refining and shipping industries as well for petroleum supply, demand, trade flows, and prices.
(Wed, 27 Mar 2019) Despite U.S. working natural gas stocks that in the past would have been low enough to cause market activity that resulted in very high prices, recent prices of natural gas in the United States remain relatively low. Increasing natural gas production in the United States is likely the key factor that has moderated natural gas price increases given the level of Lower 48 natural gas storage inventories.
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