by Ross Kerber (Reuters) … “To protect the state pension fund, we are restricting investments in companies that we believe are unprepared to adapt to a low-carbon future,” (New York
Tag "shale oil"
by Charles Newbery (S&P Global Platts) Requirement was to expire in May; Blends now at 10% in gasoline, 12% in diesel; Improvements planned for blend regime — Argentina’s President Alberto Fernandez said his
by Kevin Crowley and Caroline Hyde (Bloomberg/Yahoo! Finance) … One thing investors can’t count on is for Chevron to announce any long-term targets to eliminate or severely reduce emissions, as
by Justin Miller (Texas Observer/Popular Science) … Thousands flocked to the region to get a piece of the boom. “You could be someone with no college degree, no high
(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to
by Kelsey Tamborrino (Politico’s Morning Energy) REPUBLICANS BACK BILL TO HELP OIL SECTOR: Texas Sen. John Cornyn introduced legislation on Tuesday to help the hard-hit oil sector during the coronavirus pandemic by reducing the royalty
by Myles McCormick (Financial Times) Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn — An influential research firm has cut its estimate of potential
by Gerard J. Ostheimer and Douglas L. Faulkner (below50/“the Clean Tech Conservative”/Leatherstocking LLC/Biofuels Digest) … (W)e would like to point out a number of anniversaries put biofuels and bio-based products
by Allison Good, Taylor Kuykendall and Dan Testa (S&P Global) … The coronavirus pandemic may accelerate a shift from fossil fuel spending to investments in renewable energy, but the pace of
by Melody M. Bomgardner (Chemical & Engineering News) … Unlike fossil energy sources like US shale oil, where many operators may go bankrupt, renewables are poised to rebound as soon
by Jeff Stein, Will Englund, Steven Mufson and Robert Costa (Washington Post) … The White House is strongly considering pushing federal assistance for oil and natural gas producers hit by
by Clifford Krauss (New York Times) A surge of oil production is coming, whether the world needs it or not. The flood of crude will arrive even as concerns about climate change
by Jonathan Watts, Jillian Ambrose and Adam Vaughan (The Guardian) Projected production surge in next 12 years to be led by Shell despite climate crisis; Video: why we need political action to
by Candace Krebs (Ag Journal) … “What people don’t realize is that shale provides a particular very light type of oil, and we can’t use that exclusively with the way our
by Clifford Krauss (New York Times) … In the last four years, roughly 175 oil and gas companies in the United States and Canada with debts totaling about $100 billion have
(Our Daily Planet) When it comes to climate policy, Governor Jay Inslee already has a plan to address nearly every element of the climate crisis, but on Monday he rolled out a new
by Christian Wallace (Texas Monthly) … I was riding shotgun with Josh Snow, an old friend who’s worked his way up the ranks at his father’s independent oil company. The two
by Matt Thompson (Ethanol Producer Magazine) Railroad delays in 2014 forced ethanol plants to slow production or find other ways to move their products. Four years later, the situation has improved,
by Amanda Cooper (Reuters) Oil demand seen peaking in 2040 at 106.3 mln bpd – IEA; Demand forecast raised by over 1 mln bpd vs last year; But electric cars, fuel efficiency to
by Michael Bastasch (The Daily Caller) The federal biofuel mandate “has failed to achieve its policy goals while imposing significant other costs on consumers,” according to a new report. Americans paid out
by Jeff Brady (National Public Radio) The United States oil business is booming and the country could soon be the largest crude oil producer in the world. Despite this record-breaking production,
(Center for Biological Diversity) Three-quarters of California’s oil is as climate-damaging as Canadian tar sands crude, according to a Center for Biological Diversity report released today at the United Nations climate change conference
by Andreas de Vries & Salman Ghouri (OilPrice.com) Two diametrically opposed views dominate the current debate about where the oil price is heading. On the one hand, there is the
by Denton Cinquegrana (Oil Price Information Service(OPIS)) What you need to know as the refining, agricultural and auto industries gear up to vie for their piece of a multi-billion-dollar market —
by Anthony Adragna (Politico’s Morning Energy) The Academy of Medicine, Engineering & Science of Texas is today releasing a report examining the environmental and community impacts of shale production in
by Dino Grandoni (The Washington Post) In the Trump administration, “energy dominance” has replaced “energy independence” as the go-to phrase for describing the federal government’s broad energy goals — in President
by Rob W. Chase (Cleveland.com) … Less than 5 percent of all service stations in the United States offer ethanol-free gasoline. Almost all the gasoline sold nationally is E10 (10 percent ethanol, 90
by Patrick C. Miller (Ethanol Producer Magazine) Is the growth in shale oil production a potential boost for ethanol? The theory goes that because the light crude produced from fracked shale
By Matt McGrath (BBC) Up to 16% of hydraulically fractured oil and gas wells spill liquids every year, according to new research from US scientists. They found that there had been
by Maximilian Heath (Reuters) Argentina in the next two to three years could double the proportion of ethanol used in gasoline from the current 12 percent of the blend, a government
by Tsvetana Paraskova (OilPrice.com) … Although this view that low-cost producers would try to seize more market share comes from an oil major with significant interests in Russia and Iraq, for
by Nick Cunningham (OilPrice.com) … Speaking at the National Oil-equipment Manufacturers and Delegates Society (NOMADS) in Houston a few months ago, IHS Markit’s associate direct for Plays and Basins, Reed Olmstead,
by Ari Natter and James Rowley (Bloomberg) … Fifty rigs need to be drilling for natural gas in America’s most prolific shale region to keep production of the fuel from
(WNAX) A new study from the National Academy of Sciences says the expansion of corn and soybean acres to supply feed stock for biofuels is hampering habitat for bees. Renewable Fuels
by Barbara J Powell (Bloomberg) … RINS aren’t the real problem for the Philadelphia refinery, Robert Campbell, head of oil products research for London-based Energy Aspects, said in a telephone
by Doug Stranglin (USA Today) One of the largest earthquakes in Oklahoma rattled the Midwest on Saturday all the way from Nebraska to North Texas. — Oklahoma regulators on Saturday
(Environmental and Energy Study Institute) … Many respected laboratories, agencies, and researchers have used a lifecycle analysis to show that biofuels, particularly advanced biofuels, provide significant carbon benefits compared to gasoline.
by Tyler Wilson and Uday Turaga (ADI Analytics) The value of an octane barrel has risen significantly in recent years going from $2.30 in 2010 to $3.58 in 2015. This has
by Summer Said (The Wall Street Journal) Middle Eastern oil production rose to a record-high of 31.5 million barrels a day in June — The Middle East is back as
by Nick Cunningham (OilPrice.com) … one reason that U.S. shale production won’t necessarily spring into action in short order is because the people and equipment that were sidelined over the past
(Coming Clean) When the Wind Blows: Tracking Toxic Chemicals in Gas Fields and Impacted Communities is a report documenting Coming Clean’s collaborative, community-based research project to monitor toxic volatile organic
by Chelsea Harvey (The Washington Post) Scientists say they have made a startling discovery about the link between domestic oil and gas development and the world’s levels of atmospheric ethane — a
by Swetha Gopinath and David Henry (Reuters) Nearly two years into an epic oil rout, U.S. shale drillers that have upended global energy markets are finally feeling a credit squeeze
by Asjylyn Loder (Bloomberg BusinessWeek) … The excitement made it easy to ignore one big problem: It was one of the most expensive booms in history. Devon, Chesapeake, SandRidge Energy, and
(Institute for Energy Research) 2015 was a good year for the ethanol industry for both production and blending. According to the Energy Information Administration (EIA), U.S. ethanol producers increased their
by Orrie Swayze (AgWeek) The idea that shale makes us crude oil independent is an oil industry fantasy that enables us to deny we willfully sacrifice our troops to fight endless
by Herman Wang and Jeff Bair (Platts) Capitol Crude: The US Oil Policy Podcast — The US is likely to raise its gasoline octane standard over the next decade or
For Immediate Release February 12, 2016—Frederick, MD Advanced Biofuels USA correspondent Robert E. Kozak analyses the potential for a reinvigorated US shale oil/gas industry with and without government subsidies; and compares it
Efforts to promote a sustainable use of natural resources are not a waste of money, but rather an investment capable of providing other economic benefits in the medium term. If
by Jarrett Renshaw and Catherine Ngai (Reuters) … North Dakota’s Bakken production peaked at 1.153 million barrels per day in June, and had fallen to 1.13 million barrels per day by
by Jim Lane (Biofuels Digest) The Digest looks at security and energy security — … This week, the head of Russian state intelligence service, Alexander Bortnikov,warned of a potential “invasion
by Tona Kunz (Argonne National Laboratory) The U.S. Department of Energy’s Argonne National Laboratory this week released a pair of studies on the efficiency of shale oil production excavation. The
by Robert E. Kozak* (Advanced Biofuels USA) Conventional wisdom about declining oil prices, mostly originating from US Department of Energy/Energy Information Administration (DOE/EIA), says the fall of oil prices over
by Emily Atkin (Think Progress) Democratic presidential candidate Sen. Bernie Sanders (I-VT) wants ExxonMobil investigated by the Department of Justice. In a letter to Attorney General Loretta Lynch on Tuesday,
by Neela Banerjee, Lisa Song and David Hasemyer (Inside Climate News) Top executives were warned of possible catastrophe from greenhouse effect, then led efforts to block solutions. … This untold chapter
by Nick Cunningham (OilPrice.com) … And many companies are also recalculating the oil price needed for new drilling projects to make financial sense. For example, according to the Wall Street Journal,
by By Gaurav Agnihotri (OilPrice.com) … A recent Bloomberg report stated that U.S. driller’s debts stood at $235 billion at the end of first quarter of 2015, which is quite worrying. Does
by Robert Tuttle (Bloomberg News) The news was bittersweet for Canada’s Northwest Territories. While the region found out last week that its Canol and Bluefish formations hold Canada’s largest shale