Layoffs have mounted for roughnecks in the Permian basin. © 2014 Bloomberg Finance LP This year has beaten down America’s oil producers. It started bad, with the Russian-Saudi battle for market share, […]
The Bumpy Road To A Clean Energy Economy Will Create Unforeseen Opportunities
Solar Farm in Palm Springs CA. Wind turbines in the background. Moment Editorial/Getty Images Momentum continues to grow across the United States towards a 100% clean energy future. Most advocates of greening […]
Germany Set to Start Coal Phaseout Tenders Amid Legal Challenge
The best compromises tend to leave all parties equally dissatisfied. By that measure, the German coal phaseout looks like a great compromise. The first tender to pay German coal power plants to close […]
Permian Drillers Are Struggling To Keep Output Flat
Newer wells in the Permian see their oil and gas production declining much faster than older wells, and operators will need to drill a large number of wells just to keep current […]
Meet The Biggest Losers Of The U.S. Shale Bust
After a decade of unprecedented growth and seemingly endless investments, the writing is now on the wall: the Great American Shale Boom is slowing down and this could have some grave consequences […]
The Myth Of Cheap Shale Oil
The breakeven cost of producing oil from U.S. shale is roughly the same as non-shale, despite the tidal wave of investment into the sector.According to the Federal Reserve Bank of Dallas, the […]
Bullet Train Thinking: How Japan Hopes to Lead a Global Hydrogen Revolution – Renewable Energy World
“Japan will present hydrogen to the rest of the world as a new energy choice and will lead global efforts for establishing a carbon-free society taking advantage of Japan’s strong points,” read […]
All-time low for discovered resources in 2017: Around 7 billion barrels of oil equivalent was discovered
Rystad Energy concluded this week that 2017 was yet another record low year for discovered conventional volumes globally. Less than seven billion barrels of oil equivalent has been discovered YTD. “We haven’t seen […]
The Future Of U.S. Oil Relies On A Single Play
U.S. oil production recently broke another record, jumping to 10.619 million barrels per day (mb/d) in the last week in April, and the sky seems to be the limit for U.S. shale […]
When Will Electric Cars Take Over The Roads?
The age of the electric vehicle (EV) will be here sooner than you think. Out of 1 billion cars in the world, only 2 million are electric. But that will soon change, […]
Prometheus Institute 