Beijing’s pollution crackdown is boosting natural gas use but stoking shortage, price rise

This winter, more homes in China will be heated up by natural gas as Beijing would have liked amid its push for local governments in northern China ...…

Pricing

5 Stock Picks As The Electric Car Boom Accelerates

Electric vehicles (EVs) are a disruptive technology—all on their own. But the EV chain is a long one, and there are significant opportunities here in everything from batteries to artificial intelligence and semi-conductors. Our energy future is evolving rapidly, and it’s packed with EVs, massive energy storage solutions and nanotechnology. Consider this: • An amazing 1.26 million EVs were sold in 2015, 2 million were sold in 2016, and sales for this year are up 86 percent in the third quarter. • Tesla’s 35 GwH capacity……

The 5 Countries That Could Push Oil Prices Up

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. The threat of an outage will carry more weight as the oil market tightens. "The 'Fragile Five' petrostates—Iran,……

Norway Unfazed By Peak Oil Concerns

When crude oil demand will peak is anyone’s guess. Forecasts vary widely. Wood Mackenzie says that peak demand is “very real,” and sees a decline of 4 million bpd between 2020 and 2035. Other majors including BP and Total SA see peak demand as coming between 2025 and 2040, as a result of clean energy government initiatives, slower economic growth, and wider use of electric vehicles. Not everyone is that concerned with peak oil demand, however. Recently, Norway’s Energy Minister said the biggest problem……

UK On Track To Approve Construction of “Mini” Nuclear Reactors

The United Kingdom could soon give Rolls Royce and a consortium of companies the go-ahead to build “mini” nuclear power plants, according to a new report by The Telegraph. London’s Department for Business, Energy and Industrial Strategy (BEIS) is due to issue a study on the matter soon, and industry sources said the Rolls Royce consortium’s plan should succeed over its competitor to win the government’s approval. A spokesman for the BEIS told The Telegraph: “We are currently considering next steps for the SMR……

LNG Glut To Continue Into 2020s, IEA Says

The world’s LNG market will continue to be oversupplied into the mid-2020s as new supplies continue to outweigh demand, according to the International Energy Agency (IEA). The IEA added that Chinese demand could tighten the market earlier than that. “We will see massive amounts of new LNG capacity coming to the market ... so we will probably continue to have well-supplied markets into the middle of the 2020s,” Keisuke Sadamori, director of energy markets and security at the IEA, said on Monday in Singapore, as quoted by Reuters.……

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Shale Gas

Permian Leads Declines As Rig Pullback Continues; U.S. Drops 15

Driven by declines in the Permian Basin and Haynesville Shale, the U.S. rig count fell by 15 for the week ended Friday, nearly doubling the already steep eight-rig loss from the week before, according to data from Baker Hughes Inc.…

NatGas Tax Back on Table in Pennsylvania As Another Bill Advances

It remains unclear if legislation to enact a severance tax on unconventional natural gas production that cleared the Pennsylvania House Finance Committee this week has enough support to pass the Republican-controlled chamber. …

FERC’s Chatterjee Calls for Shorter NatGas Pipeline Permitting Process

FERC Chairman Neil Chatterjee said he wants to see the Commission significantly reduce its review process for natural gas pipelines, and described the Department of Energy (DOE) proposal to provide reliability and resiliency compensation to coal and nuclear baseload generators as "a conversation we need to have."…

Oil

Suncor files for 40,000-bpd project south of Fort McMurray

Fort McMurray — Suncor Energy has applied for provincial regulatory approval to build an oilsands project south of Fort McMurray, which could produce 40,000 barrels per day. According to the Alberta Energy Regulator (AER), an application for the Meadow Creek West project was filed Friday. Suncor’s website says construction could begin in 2023 if approved […]…

5 Stock Picks As The Electric Car Boom Accelerates

Electric vehicles (EVs) are a disruptive technology—all on their own. But the EV chain is a long one, and there are significant opportunities here in everything from batteries to artificial intelligence and semi-conductors. Our energy future is evolving rapidly, and it’s packed with EVs, massive energy storage solutions and nanotechnology. Consider this: • An amazing 1.26 million EVs were sold in 2015, 2 million were sold in 2016, and sales for this year are up 86 percent in the third quarter. • Tesla’s 35 GwH capacity……

The 5 Countries That Could Push Oil Prices Up

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. The threat of an outage will carry more weight as the oil market tightens. "The 'Fragile Five' petrostates—Iran,……

Norway Unfazed By Peak Oil Concerns

When crude oil demand will peak is anyone’s guess. Forecasts vary widely. Wood Mackenzie says that peak demand is “very real,” and sees a decline of 4 million bpd between 2020 and 2035. Other majors including BP and Total SA see peak demand as coming between 2025 and 2040, as a result of clean energy government initiatives, slower economic growth, and wider use of electric vehicles. Not everyone is that concerned with peak oil demand, however. Recently, Norway’s Energy Minister said the biggest problem……

Coal