Japan made landmark progress in 2013 in methane hydrate development -- carrying out the world's maiden offshore production test and later confirming the existence of "substantial" structures containing shallow methane in the Sea of Japan in ...
Tags: Methane Hydrates, Chemicals
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a ...
US crude oil production will come close to its record high by 2016 as the energy boom continues to reshape the US economy, the US Energy Information Administration (EIA) said Monday in a new report. Domestic crude oil production will grow ...
The price differential between US Gulf Coast butane and international markets has eclipsed that of US propane but the US has failed to see a pick up in butane cargo liftings, according to market sources. "I guess it's a logistic ...
ArcelorMittal was recognized by the US Department of Energy this week for its leadership in the Better Buildings, Better Plants Program, which supports the Obama administration's target to increase energy productivity in the US by 2030. ...
Tags: US, energy, Arcelormittal, energy productivity, energy efficiency
Oil production in the US state of Texas, the largest oil producer of the nation, hit a record high in September 2013, according to new data released on Tuesday. The Lone Star State pumped 2.7 million barrels of crude oil per day during ...
The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...
Tags: Oil Prices, oil market
National coal mining employment declined 2.2% year-on-year through the first 10 months of 2013, including a 24% employment rate decrease in Kentucky, according to US Bureau of Labor statistics included in the latest monthly US Energy ...
Tags: Kentucky mines, coal mining
United Kingdom to allow Chinese companies to purchase stakes in latest $25.9b reactor project The United Kingdom recently signed a $25.9 billion deal to build a new nuclear power plant at Hinkley Point in the southwestern part of England. ...
Tags: Nuclear Power, nuclear plant
Japan's Minister of Economy, Trade and Industry, Toshimitsu Motegi, Thursday asked visiting US energy secretary Ernest Moniz to move forward the two countries' bilateral agreement on methane hydrate cooperation, a METI source said. The ...
Tags: Metallurgy, Mineral, Energy
Spot price assessments for US gasoline plunged to the lowest levels of the year across the country Wednesday, pressured by high inventories and weak demand tied to seasonal changes and more efficient vehicles. Gasoline prices in the US ...
Tags: Metallurgy, Mineral, Energy
Two months before the expected third round of bidding for shale gas exploration rights, a Chinese firm on Friday successfully tested extraction equipment. The equipment will operate in complex geographic conditions, according to the ...
Tags: Shale Gas, Extraction Machine
ARPA-E Deputy Director Cheryl Martin today announced $27 million in funding from the Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) for 14 projects aimed at developing next-generation power conversion devices ...
US Gulf Coast propane was at an 11-month high relative to the NYMEX front-month crude contract Friday morning as buying for the fall and winter heating season picks up and exports continued to drain US propane stocks. Mont Belvieu propane ...
Tags: Gulf Coast propane, propane stocks