Colombia’s oil production surges to 2-year high

Colombian crude oil production hit a two-year high in October, averaging some 878,854 barrels per day, the country’s energy ministry said in its latest statistic report. Output was at its highest level since June 2016, after a 1.2% growth from the 868,704 Bpd produced in September, and a 1.7% increase year-over-year, Kallanish Energy learns. The … Read more

Cost of U.S. nuclear generation at 8-year low

      The average total generating costs for U.S. nuclear reactors in 2017 were 19% lower than in 2012, the highest-cost year in the last eight, a study released last week by the Nuclear Energy Institute (NEI) reveals. The report, “Nuclear Costs in Context,” found in 2017, the average total generating cost, which includes … Read more

DOE seeks to develop future coal-fired power plants

The U.S. Department of Energy intends to fund competitive research and development efforts in fiscal year 2019 to develop the coal-fired power plants of the future. The effort is known as Coal FIRST (Flexible, Innovative, Resilient, Small, Transformative), Kallanish Energy reports. The R&D will underpin coal-fired power plants capable of flexible operations to meet the … Read more

Crude worldwide plunges after questions about oil demand

Oil prices fell Tuesday, briefly entering bear market territory, after the U.S. said it will allow some of Iran’s biggest customers to continue importing the Opec member’s crude without violating reinstated U.S. sanctions. You have reached your allocation of free articles this week. Don’t despair you can keep reading the news. Subscribe or start your free … Read more

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