A new report by S&P Global’s China Senior Analyst Group finds that China will need to take a radically different path of energy consumption from what developed nations currently follow in order to avoid a spiking oil import bill.
(Tue, 20 Jun 2017) Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, averaged a record high 17.7 million barrels per day (b/d) for the week ending May 26, before dropping slightly to 17.5 million b/d for the week ending June 2 and 17.6 million b/d for the week ending June 9. Product supplied to the U.S. market as well as inventories and exports are also at relatively high levels.
(Tue, 20 Jun 2017) The U.S. Energy Information Administration released its annual fuel ethanol production capacity report. The new report contains data for all operating U.S. fuel ethanol production plants as of January 1, 2017.
Cairn is pleased to announce it has secured interests in two licences in the Mexico offshore bid round.
Centrica Storage has on June 20, 2017, announced that it is to permanently close its Rough gas storage facility.
Nevada Gov. Brian Sandoval vetoed two bills last week that would have increased the state’s renewable energy standard and promoted community solar programs.
A trial of blockchain-based peer-to-peer trading will be undertaken this year in the European wholesale energy market. Swedish power company Vattenfall on June 7 said that its Business Area Markets unit has joined 22 other European energy trading firms to conduct the trial.
The renewable energy industry in Pakistan is surviving and evolving every day without any major government support in form of policies, such as tax rebates and subsidies.
Australia’s poor recycling track record has an upside. Cleanaway Waste Management Ltd., the nation’s largest garbage company, has the potential to extract enough gas from rotting rubbish to produce electricity for as many as 80,000 homes, according to CEO Vik Bansal.
Apple Inc., which issued the biggest green bond ever sold by a U.S. corporation last year to finance projects fighting global warming, is doing it again.
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