As Permian producers exhaust prime tier-one acreage amid a surge in output in the basin, second-tier drilling locations tend to yield crude of different specifications, often lighter than the typical WTI Midland […]
PI News Feed
Center of the Universe – The Midland Crude Oil Hub, Where Permian Pricing and Takeaway Converge
Midland, TX, is the epicenter of the Permian Basin. As the largest crude oil hub in the region, it boasts about 20 MMbbl of crude oil storage and extensive downstream connectivity, with […]
China’s Coal Imports Could Decline in 2025
China’s recent surge in coal production and imports has combined with a weaker economy to create a coal glut, which has prompted Chinese importers to discuss lowering volumes under long-term contracts next […]
How to determine a utility’s EV ‘tipping point’ | Latitude Media
Electric vehicle sales are growing in the US, but at a slower pace than expected. A recent Bank of America analysis projected that EVs will make up 30% of American car sales […]
U.S. shale natural gas production has declined so far in 2024
U.S. natural gas production from shale and tight formations, which accounts for 79% of dry natural gas production, decreased slightly in the first nine months of 2024 compared with the same period […]
The Tesla storage outlook | Latitude Media
After a record smashing 9.4 gigawatt-hours of storage deployments last quarter, Tesla reported slightly lower deployments in the year’s third quarter, thanks in part to lower Megapack volumes. Combined deployments of Megapack […]
AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs
American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of […] The […]
The unexplored frontier of methane removal | Latitude Media
We capture concentrated methane emissions from point sources like dairy barns, landfills, and coal mines. Mitigating methane emissions is essential to hitting net-zero targets, but could we capture diluted gasses straight from […]
Coal Continues to Dominate India’s Power Mix Despite Gas Growth
Fueled by population growth, economic development and a shift towards cleaner energy, India’s gas consumption is expected to nearly double to 113.7 billion cubic meters (Bcm) by 2040 from 65 billion cubic […]
Could synthetic aviation fuels offer a smarter path for Scotland’s energy transition?
This article is based on a talk Neil gave to the Scottish Energy Forum on 24 October, 2024. Scotland is at a pivotal moment in its energy transition, with hydrogen widely promoted […]