Coal is being overwhelmed by regulation and supplanted by subsidized competitors. Patriot Coal is the latest US producer to come off the rails, and thousands of miles away in country that not so long ago was building a coal-fired plant a week, Chinese coal producer Shenhua has also reported poor financials. Yet one firm, SinoCoking Coal, has embraced coal gasification and, in the midst of the ‘coaldrums,’ has reported a huge rise in income. Ross McCracken has more from the most recent selection from Platts Energy Economist.
By Ross McCracken | June 3, 2015 12:01 AM Comments (0)
By Amanda Rayborn | June 2, 2015 12:01 AM Comments (1)
A new oil commodity with a clunky name began grabbing headlines this spring: Colonial Pipeline shipper history. Here’s the history of this so-called history, and why it’s likely to stick around after this summer’s tan lines are long faded.
By Brian Scheid | June 1, 2015 12:01 AM Comments (2)
There’s an economic argument to be made for lifting US crude oil export restrictions, and then there’s the argument that American oil could go a long way toward providing security to the US and its allies. Brian Scheid explains in this week’s Oilgram News column, Regulation and Environment.
By Henry Edwardes-Evans | May 28, 2015 08:13 AM Comments (0)
I’d like to draw a positive parallel between pre-payment meters and smart meters.
That sounds facetious and in some ways it is. Rightly or wrongly, it seems pre-payment meters have become symbolic in the UK of poor families and intransigent tenants on Benefits Street.
By Alex Froley | May 27, 2015 11:21 AM Comments (0)
The UK’s premier business lobbying organization, the CBI, has called on the business world to “turn up the volume” in the debate about the country’s relationship with Europe. A referendum is expected by 2017 to decide whether or not there should be a British exit (or “Brexit”) from the European Union. But how could this impact the electricity and gas market?
By Ashok Dutta | May 26, 2015 08:08 AM Comments (1)
The Canadian oil patch is undergoing an existential moment as low oil prices have scared off investors and thrown the future of further oil sands projects into disarray.
By Brian Scheid | May 26, 2015 07:46 AM Comments (0)
For years, legislative efforts to give coastal states a larger share of offshore drilling revenue have brought the Senate Energy and Natural Resources Committee “to a standstill,” Washington Senator Maria Cantwell, the committee’s top Democrat said at a hearing last week.
By Eklavya Gupte | May 25, 2015 12:01 AM Comments (6)
Nigeria and Angola, both situated on the west side of Africa, are two of biggest producers in the region, but the crudes from these two countries have treaded divergent paths in the past year, despite a lot of similarities.
By Frank Watson | May 22, 2015 06:00 AM Comments (7)
Pope Francis is set to weigh in on the climate change debate in what has already caused a considerable buzz in the media, by equal measure prompting cheers from the green lobby and irritation among climate skeptics, even before the message has been released.