The current national offers of climate action submitted to the United Nations Framework Convention on Climate Change (UNFCCC) would reduce projected warming by approximately 1°C, according to a new analysis released today […]
Low oil prices, if sustained, could mark the beginning of a long-term drop in upstream oil and natural gas investment. Oil prices reflect supply and demand balances, with increasing prices often suggesting […]
“Peak coal” is here. Goldman Sachs released a September 22 research note that predicted that coal will decline and never come back. “Peak coal is coming sooner than expected,” the investment bank […]
The plunge in crude prices cost oil companies some $35 billion in operating cash flow in the second quarter, the U.S. Energy Information Administration said Thursday. via Fuel Fix http://ift.tt/1YEgnRd
On Friday, 20 June 2014, West Texas Intermediate (WTI) crude oil traded in Cushing, Okla., at US $107.95 a barrel; by the end of the year it was selling for $53.45, almost […]
U.S. inventories of propane and propylene reached 97.7 million barrels as of September 11, the highest level in the 22 years that EIA has collected weekly propane inventory statistics. In the first […]
The financial pressure on indebted oil and gas companies continues to mount, putting them in a bind as they try to mend their deteriorating balance sheets.As their debt rises, drillers have had […]
UBS report suggests coal generation’s share of US electricity markets will drop to 18 percent by 2030. via Renew Economy http://ift.tt/1FQQdz1
As oil prices continue to stay low, conjecture on whether or not the US could be given the title of the world’s new swing producer continues to gain traction. There are fierce […]
New preliminary data from the China Statistical Abstract 2015 show an upward revision to China’s historical coal consumption and production. Energy-content-based coal consumption from 2000 to 2013 is up to 14% higher […]
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