There is a lot riding on India’s new government. Tired of a lackluster economy, Indians have single-mindedly elected the BJP — led by Narendra Modi–in the hope that he will do what it takes to rev up the country’s engines. Energy is obviously going to play a critical role as India’s economy shifts gear. So, […]
In the last 20 years, demand for oil and natural gas in Turkey has increased exponentially, and the country has developed into a significant consumer within the energy markets; however, the demand conditions coupled with insufficient natural resources have spiked Turkey’s energy import bill to alarming levels. The International Energy Agency (IEA) anticipates Turkey’s energy […]
In this month’s issue, Olga Gorstenko discusses the energy industry’s agreement to disagree about policy directions in regard to the type of generation resources to dominate stack additions. Her editorial addresses a surge in North American renewable energy generation and a “resurrection” of natural gas and oil. Gillian Dunks also discusses how oil price assessments […]
There has been a recent effort by the natural gas industry to increase the amount of compressed natural gas (CNG) vehicles on the roads. Compressed natural gas is more environmentally friendly than regular gas and saves drivers about $1.50 per gallon compared to gasoline (National Geographic). With great price savings and a smaller negative environmental […]
As conventional oil and gas become less available, countries tend to fulfill their energy needs via other unconventional sources. And, when it comes to natural sources, such as oil and gas, shale oil and gas is one of the major resources that is going to change the rules of the game. A study by Wood […]
This article was originally published in Platts LNG Daily. Before the end of the decade, low-priced American liquefied natural gas is expected to surge onto the global market and, potentially, cause a dramatic shift in worldwide gas market fundamentals. But the possible ramifications of US LNG exports have been met with shoulder shrugs and slight […]
There are a number of factors that influence the supply and demand of energy and commodities. These include political events, such as war or civil unrest, market dynamics, financial conditions, production quotas, and, of course, the weather. Weather patterns that affect the supply and demand of energy and commodities are a key driver in determining […]
Japan made headlines recently as the resource-impoverished country is considering methane hydrates as a new energy source in order to help gain independence from relying on natural gas imports. The 2011 tsunami forced most of the country’s nuclear power plants to close (add to that, the fact that the last running nuclear power reactor was […]
I love clean diesel cars. I enjoy hitting upwards of 950km per diesel tank and knowing that I can cover larger distances with a smaller amount of emissions. Given the choice, this is normally where my vehicle-purchasing choices lie. And, based on data from R.L. Polk and Co, clean diesel car registrations in the U.S. […]
Back in the nineties Liquefied Natural Gas (LNG) was typically the confine of regional, illiquid markets. During that period, LNG was traded between eight exporting countries and eight importing countries, with only 70 vessels in operation. Due to its meager trade volume and illiquidity, LNG contracts had fixed prices and were indexed to oil prices. […]