Lots of interesting graphs mid-term oil market until 2018

(International Energy Agency) Medium-Term Oil Market Report 2013 [Read more…]

Britain’s North Sea oil fields staging a comeback

(MARKET WATCH) Production from the British sector of the North Sea is forecast to level off after nearly 15 years of decline, and some analysts think output could increase again if current investment continues, The Wall Street Journal reported Friday. [Read more…]

Behold the World’s First Tugboats Powered by Natural Gas

(WIRED) Turkish shipbuilder Sanmar just finished building two tugboats powered by liquefied natural gas (LNG). Named Borgøy and Bokn, the two tugs are powered by Rolls-Royce engines and run solely on LNG. [Read more…]

Study: Natural Gas Will Be the New Coal

(DAILY FUSION) A new GE study titled “The Age of Gas and the Power of Networks” says that natural gas is positioned to rival coal consumption as well as take share from oil on the global stage. [Read more…]

The Reordering Of The Global Oil And Gas Industry

(RIGZONE) The world is fascinated by lists and rankings. In the energy world there is a keen interest in knowing who may be the world’s largest producer of oil and gas as well as who might be the world’s largest importer of those fuels. [Read more…]

World Energy Council report confirms global energy resource abundance

(COMMODITIES NOW) There is a greater abundance of energy resources in the world today than at any other time, and, if properly managed, the reserves are sufficient to meet even a significant upturn in demand for decades to come, according to “World Energy Resources 2013”, a report released today by the World Energy Council (WEC) at its triennial event, the World Energy Congress, in Daegu, Korea. [Read more…]

Improved production, subsea factories: An interview with Statoil VP Petroleum Technology Øistein Bøe

(OFFSHORE) Øistein Bøe, Statoil’s Vice President Petroleum Technology Mature Fields, talks about the company and its approach to improving recovery from existing oil and gas fields. His comments are in anticipation of the 2013 Deep Offshore Technology Conference & Exhibition taking place in The Woodlands, Texas, Oct. 22-24. [Read more…]

German Competitiveness Threatened by High Energy Costs

(24/7 WALL ST.) For many years Germany led the world in adding solar energy to its electricity generation capacity. The country’s goal was to deliver competitively priced energy to residents and industrial firms while at the same time lowering its carbon dioxide emissions. [Read more…]

EU unveils funding list for gas, electricity infrastructure projects

(ECONOMIC TIMES) The European Commission unveiled on Monday a list of 250 power and gas projects eligible to share 5.85 billion euros ($7.93 billion) of funding as part of plans to curb reliance on Russian gas and create a single energy market.  [Read more…]

Advances in Carbon Capture & Storage to Drive the Global Clean Coal Technologies Market

GIA announces the launch of a comprehensive primary research program studying the global market for “Clean Coal Technologies”. The soon to be released report identifies indispensability of coal in an increasingly carbon constrained world, and commercialization of carbon capture & storage technologies, as key market driving forces. [Read more…]