(Fri, 12 Aug 2016) World tight oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million barrels per day (b/d) in 2015 to 10.36 million b/d in 2040, according to the U.S. Energy Information Administration's <em>International Energy Outlook 2016</em> (IEO2016) and <em>Annual Energy Outlook 2016</em> (AEO2016).
Herman Wang examines the forces impacting OPEC crude oil supply and how that dynamic could play out when the organization meets on the sidelines of the International Energy Forum in September.
Debate is flaring in Japan’s aluminum industry ahead of the fourth quarter contract premium negotiations about the future of term pricing, popularly dubbed as MJP or main Japanese port.
(Thu, 11 Aug 2016) Brazil generates the third-highest amount of electricity in the Americas, behind only the United States and Canada. Hydroelectricity provides more than 70% of Brazil's generation. During the Olympic Games, electricity demand in the host city of Rio de Janeiro has risen from an influx of tourists, athletes, and event staff.
Our editors discuss the surprise announcement from the Turkish government to levy a $15/mt tax on imported thermal coal for power generation.
Sugar production in Brazil's CS could improve by as much as 1 million mt in the 2017-18 season if investments are made in expanding the production capacity at sugar mills.
(Wed, 10 Aug 2016) Fuel ethanol production capacity in the United States was nearly 15 billion gallons per year, or 973,000 barrels per day (b/d), at the beginning of 2016, according to EIA's most recent U.S. Fuel Ethanol Plant Production Capacity report. Total capacity of operable ethanol plants increased by more than 500 million gallons per year in January 2016 compared with January 2015.
Ana-Maria Tolbaru talks on the likely impact on France of it increasing the operating costs for coal generators with the introduction of a new carbon price floor or a coal tax starting in 2017.
With speculation swirling over possible production freeze talks, OPEC on August 8 appeared to throw cold water on the idea, sounding an optimistic tone about the oil market.
(Tue, 09 Aug 2016) During the summer, when storage operators are typically injecting natural gas into storage facilities to build up inventories before the winter months, natural gas inventories in Southern California have remained nearly flat. Underground natural gas storage wells at the Southern California Gas Company (SoCalGas) Aliso Canyon facility, by far the largest storage field in the region, are undergoing testing, following a leak that was detected in late October 2015 and stopped in February 2016.
