Might nickel be the brake on the progress of electric vehicles?

Prices of all key metals used to make electric vehicle batteries are set to increase, according to market observers, as recent mine investment appears insufficient to cope with the expected uptick in demand over the coming years from the battery sector.

While for lithium expectations are that as we reach 2022 and beyond there should, at current project adoption rates, ...


Source: Platts - The Barrel Blog News Feed

Transocean Ltd. Provides Quarterly Fleet Status Report

STEINHAUSEN, Switzerland, Feb. 19, 2018 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE:RIG) today issued a quarterly Fleet Status Report that provides the current status of and contract information for the company’s fleet of offshore drilling rigs. On January 30, 2018, the company closed the acquisition of Songa Offshore SE. The transaction added seven semisubmersibles to the [Read More…]

Source: BOE Report

Alfen to Supply Energy Storage System to Belgian Grid Operator Eandis to Prepare for the Future

ALMERE, Netherlands, February 19, 2018 /PRNewswire/ — Battery storage enables an energy neutral distribution center  Alfen, specialist in energy solutions for the future, announces the start of a smart energy storage system for Eandis‘ logistical center in Lokeren, Belgium, that will be used to optimize self-consumption of the rooftop solar energy generation. The storage system, [Read More…]

Source: BOE Report

How soon will electric vehicles make a significant dent in oil demand?

Khalid Al-Falih may be right when he claims the oil industry has nothing to fear from electric vehicles (EVs).

Saudi Arabia’s oil minister unsurprisingly is a robust defender of the internal combustion engine (ICE). Contrary to the views of Tesla Inc.’s headline grabbing founder Elon Musk, the kingdom’s top energy official expects the conventional gasoline powered road vehicle to ...


Source: Platts - The Barrel Blog News Feed

How Tamil Nadu became one of the world’s leading renewable energy markets

India-renewable energy

The southern Indian state of Tamil Nadu is one of the top nine markets globally to have achieved an exceptionally large share of renewable power generation, according to a report by US-based think-tank Institute for Energy Economics and Financial Analysis (IEEFA).

The IEEFA studied the top 15 countries or power markets worldwide by their share of wind and solar energy—the ...

Source: Energy Shocks – Quartz

Q & A- Air Quality Permit; what you need to know.

What is an Air Quality Permit?

  • A permit is a regulatory document issued to a specific facility (piece of equipment or type of site) that contains legally enforceable requirements. An air emission permit spells out the process equipment (type of equipment used by a facility in its day-to-day operations), air-pollution-control equipment, and rules or regulations that apply to a ...

Frontera Announces Resignation of Chief Financial Officer

TORONTO, Feb. 18, 2018 /PRNewswire/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that Camilo McAllister, its Chief Financial Officer, has resigned to pursue other career opportunities. Mr. McAllister will continue in his current role until March 9, 2018. Frontera has retained an international placement firm to assist in recruiting a new CFO. Alejandro [Read More…]

Source: BOE Report

OPEC And Shale Keep Oil Prices Between $60-$75

The interaction between U.S. shale and OPEC will continue to be the dominant narrative in the oil market this year, and the opposing forces could end up trapping oil prices within a relatively narrow price band. Market sentiment has shifted quite a bit over the past month, with the impact of the OPEC cuts sparking bullish sentiment and huge ...

Source: Oilprice.com

Offshore Oil Is Poised For Significant Growth

Following three painful years of portfolio repositioning, cost cuts, and deferred projects, the offshore oil and gas industry is now more prepared to deliver projects and profits at lower costs and simpler designs.    Currently, U.S. shale is taking center stage in analyses about oil growth stories, and rightfully so — it’s growing at a much faster pace than ...

Source: Oilprice.com