We’re in a Low-Growth World. How Did We Get Here?
Economic growth in advanced nations has been weaker for longer than it has been in the lifetime of most people on earth.
Petchems a bright spot in an otherwise arduous earnings season
Petrochemicals are offering growth as energy companies struggle with lingering low crude prices, though there are some setbacks.
What is the human cost of restructuring China’s steel industry?
Little attention has been given to what the number of people expected to be laid off says about staffing levels in the China’s steel industry.
Oil and natural gas production jobs in May were 26% lower than in October 2014
(Fri, 05 Aug 2016) Despite increases in crude oil prices since the start of the year, employment in oil and natural gas extraction and support activities continued declining from levels reached in the fall of 2014, just before the onset of falling oil prices. The total rig count (including both oil-directed and natural gas-directed rigs) has declined even more sharply, from nearly 1,800 rigs in the fall of 2014 to a weekly low of 404 rigs in May 2016.
Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2016
(Fri, 05 Aug 2016) This paper presents average values of levelized costs for generating technologies entering service in 2018, 2022, and 2040 as represented in the National Energy Modeling System (NEMS) for the <em>Annual Energy Outlook 2016</em> (AEO2016) Reference case.
The futures, the physical, and the steel and iron ore prices
The winds of change are blowing in the global steel market, as heightened volatility and macroeconomic factors increasingly affect the supply chain.
Future natural gas plant liquids production depends on resources, market conditions
(Thu, 04 Aug 2016) Natural gas plant liquids (NGPL) accounted for 22% of total U.S. petroleum and other liquid fuels production in 2015. In EIA's Annual Energy Outlook 2016 (AEO2016) Reference case, increases in NGPL account for a significant share of total increases in petroleum and other liquid fuels production over 2015?40.
With JV, Sabic makes bold move for North American petchem markets
Leave it to ExxonMobil Chemical and Sabic to do it big.
Crude-by-rail volumes to the East Coast are declining
(Wed, 03 Aug 2016) Movements of crude oil by rail within the United States averaged 443,000 barrels per day (b/d) in the first five months of 2016, down 45% from the same period last year. Fewer shipments of crude oil by rail from the Midwest (PADD 2) to the East Coast (PADD 1) account for about half of the decline.
EU gears up to drive oil out of transport
With the EU looking to cut its transport emissions and high oil import dependency, we discuss whether biofuels or renewable electricity could really displace oil on a large scale.