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Brazil’s energy reforms bear fruit to Temer administration

October 3, 2017 0

In about a year, Brazil will host new elections in which President Michel Temer could lose the seat he got through the impeachment of Dilma Rousseff, whom he was vice president to.

But before then, the Temer administration claims to be focused on recovering the economy of the cash-strapped, corruption-hit South American country through reforms in the energy sector, among others.

Regulatory changes to attract inward investment seem, so far, to be paying off, Kallanish Energy learns.

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U.S. energy hub hit by worst hurricane in 50 years 🔒

September 5, 2017 0

The U.S. oil and gas industry has been preparing for the 2017 hurricane season, building upon critical lessons learned from 2008’s major hurricanes, Gustav and Ike, as well as storms such as 2005’s Katrina and 2012’s Sandy. Despite said preparation, Harvey, the wettest tropical cyclone on record in the country, has caused major disruption in the heart of its O&G industry, Kallanihs Energy reports. 

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BP excited about discovery in N.M.’s San Juan Basin

August 29, 2017 0

The San Juan Basin is a lot like the late comedian Rodney Dangerfield: It gets no respect. Last November, drilling in the often-overlooked basin that straddles the Colorado-New Mexico border came to a complete stop. No one was drilling. Some companies including WPX and ConocoPhillips sold off San Juan Basin assets. It was a region falling out of favor. It was being marginalized. It has produced good but not spectacular results for decades. It has more than 40,000 wells that tap 300 different oil fields. It has been known for its coal bed methane formations.

[…]

UK bans new fossil-fuel cars by 2040 🔒

August 1, 2017 0

The UK will end the sale of all new conventional gasoline and diesel cars by 2040, as part of a £3 billion ($3.92 billion) plan to tackle air pollution, environment secretary Michael Gove said on Wednesday, Kallanish Energy reports.

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