Van Beurden, who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. The company has a high quality portfolio and key strengths in technology and project ...
Tags: Shell, technology, project delivery
The 20-year cost of the Midcontinent Independent System Operator's compliance with the US Clean Power Plan could be as little as $5.8 billion to as much as $104 billion in today's dollars, depending on which strategies are pursued, ...
Tags: Clean Power, natural gas
The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
The UK needs to allow more shale gas exploration wells nation-wide before a reliable picture of the effect of a shale industry on the country can be properly formulated, the Task Force on Shale Gas said late Monday. The Task Force on ...
Tags: shale gas, natural gas
The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
Atlantic metallurgical coal buyers and miners Friday were positive on the reported $81/mt hard coking coal benchmark, with new spot US offers looking to match or exceed this reference. Some buyers were bracing for a settlement closer to ...
Tags: Atlantic Met Coal, hard coking coal, coke
Locational marginal prices for November in New York were the lowest since the New York Independent System Operator began managing the transmission grid in 1999, Rana Mukerji, senior vice president of market structures, said Wednesday during ...
Tags: natural gas, Power Prices
Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT's low on-peak power prices that month. Wind ...
Tags: Wind generation, coal-fired generation, natural gas-fired generation
Dutch and German gas prices continued to slide Monday morning as weather forecasts remained mild and crude oil weakness weighed on the curve. By midday London time, Dutch TTF day-ahead slipped below Eur16.00/MWh, last trading 37.5 euro ...
Tags: Natural Gas, Oil, crude oil
The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...
Duke Energy Indiana has deferred into 2016 some coal contracted for delivery this year as it seeks to cut down on a stockpile that at one point approached 5 million st or 80 days of supply, a company official said in a filing to the state's ...
Tags: Duke Energy, coal, fuel
China's environmental degradation has become a growing source of public consternation and a potential political liability. Premier Li Keqiang declared a "war on pollution" in March 2014, vowing to reduce emissions from power generation and ...
Tags: Metallurgy, Mineral, Energy, Shale
US over-the-counter thermal coal prices closed mixed on Friday as traders digested the most recent weekly natural gas storage data, which propelled natural gas front-month futures to more than a five-week high in the previous session. The ...
Tags: Natural Gas, thermal coal
US demand for solvents is expected to increase at a 1.5 percent annual pace through 2018 to 11 billion pounds, driven by a robust recovery in construction spending along with a continued rebound in manufacturing output. Strength in both ...
Tags: U.S.Demand, coatings market
US natural gas demand could increase by 3 Bcf/d to 10 Bcf/d by 2020 under an expected Environmental Protection Agency plan to reduce carbon dioxide emissions from power plants, analysts said Friday. Using its authority under the Clean Air ...
Tags: Gas Demand, natural gas