The North American Baker Hughes Rig Count came out Friday. The decline continues. Baker Hughes gives an oil and gas breakout for every basin and state with five years of historical data. […]
PI News Feed
Bad Moon Rising—Any Credence in a Near-Term Methanol Revival?
Times are tough in the methanol market. Posted and spot prices for methanol have continued falling (to levels not seen since 2010). New methanol capacity, planned during the good ol’ days, has […]
Saudi Arabia’s electricity privatisation plans preparing ground for solar
Saudi Arabia’s plans to privatise its electricity sector will also include a pivot towards renewable energy sources, according to press reports in the kingdom. via PV-Tech http://ift.tt/1RsGNyu
Growth in domestic natural gas production leads to development of LNG export terminals
The first export shipment of liquefied natural gas (LNG) produced in the Lower 48 states on February 24 is a milestone reflecting a decade of natural gas production growth that has put […]
Germany’s Second-Biggest Utility Plans to Launch a Residential Solar-Plus-Storage Offering
Germany’s second-largest energy company, E.ON, is planning to launch a residential PV-plus-storage offering for the German market in April, the company has confirmed. The product will be based on Solarwatt’s MyReserve battery […]
Russia leads list of oil producers at risk of Moody’s downgrade
The credit ratings of more than 10 oil producing nations in the developing world were placed on review for a downgrade by Moody’s Investors Service, which cited the shock of depressed oil […]
U.S. methane problem is much worse than we thought
It’s no secret that the United States has a methane problem. Methane accounts for about one half of 1 percent of the country’s greenhouse gas emissions — it’s released mostly from natural gas […]
ExxonMobil’s New Reserves Fall Short For First Time In 22 Years
For the first time in over two decades, ExxonMobil failed to replace the oil and gas that it pumped in a year.ExxonMobil reported on February 19 that it added 1 billion barrels […]
Is Oil Pushing Down The Economy, Or The Other Way Around?
Conventional wisdom has long held that when oil prices drop, consumers experience an increase in discretionary income while corporations experience a boost in profit margins. At the same time, companies in the […]
It’ll Take More Than an Oil Rally to Restart Shale Boom
Explorers in U.S. oil fields stung by the quick rise and fall in the market last year are expected to move cautiously when crude prices begin to climb again.Bill Thomas, chief executive […]
Prometheus Institute 