World
Australian company eyes Alberta for new coal mine
An Australian company intends to develop a $700 million mine to supply coal for steelmaking in southwestern Alberta, Kallanish Energy reports. The plans of Riversdale Resources and subsidiary, Benga Mining ...
GGFR: Russia is No. 1 in world for flaring natural gas
New satellite data shows a significant decline in natural gas flaring at oil production sites around the world in 2017, Kallanish Energy reports. The decline was about ...
U.S. LNG exports quadrupled in 2017
U.S. liquefied natural gas (LNG) exports quadrupled in 2017, with shipments to 25 different countries, says the U.S. Energy Information Administration. The volume of shipments increased from ...
Venezuela’s crude exports down 27.2% y-o-y in Feb.
Venezuela’s crude oil seaborne exports dropped 27.2% year-over-year in February, as the country struggles to keep production levels from falling due to natural declines and underinvestment, Kallanish Energy learns. Data from UK’s ...
Comissioning begins on Chevron Phillips ethane cracker in Texas
Chevron Phillips Chemical has completed mechanical completion of its Cedar Bayou ethane cracker in Baytown, Texas, and commissioning activities are under way, Kallanish Energy reports. That is “a major milestone,” ...
OPEC output climbed 173,000 BPD in July 🔓
Total crude oil production from the Organization of Petroleum Exporting Countries increased 173,000 barrels per day (BPD) in July from June, to average 32.87 million barrels per ...
OPEC, U.S. crude production to rise slightly in 2017, 2018: STEO
Total OPEC crude oil production is expected to increase by 0.2 million barrels per day (MMBPD) in 2017, and by 0.5 MMBPD in 2018, the Energy Information Administration reports in ...
Iran’s oil production comeback could be over
Iran, which easily beat expectations for how fast it boosted crude oil exports after sanctions were lifted, now needs a massive cash injection and the easing of remaining trade barriers, ...
Nigerian militants claim new pipeline attack, threaten to sink tankers
The Nigerian militant group calling itself the Niger Delta Avengers (NDA) claimed Thursday to have blown up a pipeline belonging to the Nigerian National Petroleum Corp. (NNPC), the first attack ...
Lithium-ion battery market to reach $46.21 billion by ’22
The global lithium-ion battery market is expected to generate revenue of $46.21 billion by 2022, with a compound annual growth rate (CAGR) of 10.8% from 2016-2022, primarily due to increased ...