Government
Colombia needs to invest $70B to ensure future oil output
Lack of investment is putting Colombia’s oil industry at risk of loosing its crude self-sufficiency, forcing the country to become an importer, Kallanish Energy learns from the Colombian Petroleum Association ...
Brazil to build more nuclear plants by 2050: report
Brazil’s mines and energy ministry is nearly finished with the country’s 2050 national energy plan (PNE), which will include the construction of new nuclear power plants, local newspaper Valor Econômico ...
Russia expected to end gas deliveries to Ukraine
The Russia-Ukraine gas supply dilemma could see a new development as the countries continue political and commercial retaliation, Kallanish Energy learns. Russian Energy Minister Alexander Novak said ...
Shale oil production to drop 118,000 BPD: EIA
Crude oil production from the top seven U.S. shale plays will fall in December 118,000 barrels per day (BPD) from November’s projection, to 4.95 million BPD (MMBPD) — the biggest ...
OPEC unsure it can ‘live together’ with U.S. shale industry
The head of OPEC said this week his organization doesn’t know how to coexist with the U.S. shale oil industry. “Shale oil in the U.S. — I ...
Escalera files Chapter 11 bankruptcy petition
Denver, Colorado-based independent oil and gas producer Escalera Resources last week filed a petition in the U.S. Bankruptcy Court seeking relief from creditors under provisions of Chapter ...
NRC engineers urge fix for nuclear power stations
A group of Nuclear Regulatory Commission engineers is urging its regulatory employer to order nuclear power station operators to fix a design flaw in nearly all U.S. nuclear plants the ...
Army’s Fort Bragg to get floating solar project
The U.S. Army’s Fort Bragg will soon become home to the largest floating solar plant in the southeastern United States, Kallanish Energy reports. The military complex in North Carolina will ...
European EV market share to treble despite pandemic
Europe’s electric vehicles (EVs) market share is set to treble this year to 10%, despite the Covid-19 pandemic, Kallanish Energy reports. According to a new analysis by Transport & Environment ...
Gulfport Energy expected to file for Chapter 11 protection
Gulfport Energy, a major player in Ohio’s Utica Shale, is expected to file for a Chapter 11 reorganization in the coming days, Kallanish Energy has learned. The company, its revolver ...