Archive for the ‘Uncategorized’ Category

Oil and biofuels vehicles, check your mirror; the car behind you might be electric…

Time was when humanity seemed to take endless leaps forward in terms of technology. There was a sense that everyone was pushing forward at the same time and in the same direction. In today’s world, when investing in the next big tech, the great diaspora of ideas can be a challenge that divides investment funds, and has the ability to muddle that sense of direction, that notion of collective tech-progress.

Which brings us to cars. Combustion engines surely can’t go on for ever, that much is clear, but in that maelstrom of ideas, could the electric car now be attaining a critical mass? And could the two great energy and transport rivals — oil and biofuels — be developing a blind spot around their rise?

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As US-Cuba relations thaw, oil and gas hopes languish

The historic meeting Saturday between President Barack Obama and Cuban President Raul Castro during the Summit of the Americas in Panama may be a strong signal that over 50 years of trade restrictions will soon be eased, but don’t expect US oil and gas operators on or offshore the island nation anytime soon.

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Private companies struggle for Russian offshore opportunities: Regulation and Environment

Ask most people about Russian oil and gas production, and they’re likely to bring up the two giants: Rosneft and Gazprom. But private companies are possibly in a position to see their roles change in the country’s oil landscape, as Rosemary Griffin describes in this week’s Oilgram News column, Regulation and Environment.

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Shell capitalizes on low oil to drive advancement for gas, LNG

Shell has become the first major to take proper advantage of the low oil price, taking out a company that it has long been interested in buying: BG. And the reason is a good one: not growth for its own sake but using BG’s assets to help it achieve its own goals faster. The transaction is underpinned by BG’s asset value, it said.

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Chinese steelmaking ready for an April rebound?

The outlook for China’s steel market during April remained at similar levels to March, underpinned by expectations of stronger construction activity during China’s warmer spring months, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 74.7 out of a possible 100 points.

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The Oil Big Five: Taking stock at the end of Q1

There are a couple months of the year that seem busier than others, and April is one in the oil industry. The first quarter has ended, and many of the editors here at Platts are readying themselves for the slew of earnings calls and reports that will be coming soon. Those quarterly updates can sometimes signal big changes – announcements about new projects, financial doings, production figures, etc. – and we wanted to assess the global oil industry now, in the calm before the storm.

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New aluminum batteries illuminate the bigger issues of storing electric power

Picture a familiar scenario. Your work day has over run, and you find yourself on a platform waiting for a train that isn’t coming. You attempt to call your spouse to say you’ll be late home for whatever’s left of your cold, sorry dinner. Then it happens. The last little magical bar of power on your smartphone disappears, the screen goes blank and the device switches off. Fellow train-spotters nod in sympathy as you shake your phone, and wonder aloud, “But I only just charged the darn thing!”

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UK election kicks off an uncertain period for energy investors

The UK’s general election kicked off Monday with the official closure of parliament, heralding 38 days of campaigning ahead of the May 7 vote. With clear policy differences between the parties and the polls too-close-to-call, energy investors could be set for an uncertain year ahead.

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Dubai’s national oil company considers expanding upstream presence: Petrodollars

Many have been waiting for mergers and acquisitions— particularly in E&P sectors — to pick up in light of low oil prices, and one case of a downstream-focused company considering acquiring an oil producer caught the attention of Tamsin Carlisle in this week’s Oilgram News column, Petrodollars.

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New Frontier: Pursuing oil production in the Falkland Islands

The Falkland Islands, off the coast of Argentina, are the focus of a new production push, but sovereignty and price concerns could put a crimp in plans, as Robert Perkins explains in this week’s Oilgram News column, New Frontier.

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