Energy Update
The risk of a direct military confrontation between the US and Russia over Syria has raised energy security concerns in Europe. Oil prices touched three-and-half year highs above $72 b/d after US President Donald Trump signaled a possible military response to alleged chemical weapons attacks near Damascus.
The US' declaration that the overnight missile strikes against Syria would be limited and a "one-time shot" may tamp down some of the risk to oil prices spiking when markets open Monday.
Remember graphene? The advanced material — made up of a lattice of carbon atoms — may be poised for a comeback, albeit a quiet one, Bloomberg New Energy Finance analyst Julia Attwood said in a presentation at the BNEF Future of Energy Summit on Tuesday.
Legislation that would support solar energy deployments met with success in New Jersey this week following a blow for other pro-solar legislation that was making headway in South Carolina.
New Jersey legislators yesterday approved a bill that would allow the New Jersey Board of Public Utilities (BPU) to consider an amended application for the 24-MW Fishermen’s Energy offshore wind project.
(Fri, 13 Apr 2018) Annual state-level estimates of consumption, prices, and expenditures for petroleum coke and other petroleum products for 2016. âOther petroleum productsâ is a category that comprises 11 products, including still gas, petrochemical feedstocks, and special napthas.
(Fri, 13 Apr 2018) Working natural gas in storage in the United States as of March 31, 2018, the end of the 2017â2018 heating season, totaled 1,351 billion cubic feet (Bcf), according to EIAâs estimate based on its Weekly Natural Gas Storage Report. This is the lowest level for U.S. working gas stocks at this time of year since March 31, 2014, when working gas stocks were much lower, at 837 Bcf following the 2013-2014 heating season
Outrigger Energy II has commenced development of a tri-stream midstream system in Weld County in the US state of Colorado.
The Uganda Government has signed an agreement with Albertine Graben Refinery Consortium (AGRC) to build and operate a $4bn oil refinery in the country’s Hoima district.
KBR has won a license and engineering (LBED) contract from ENAP Refinerías (ENAP) to use its ROSE solvent deasphalting technology at the latter’s Bío Bío refinery in Concepcion, Chile.
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