Southern Co. nuclear reactor expansion project at Vogtle is not realistic
February 10, 2012
Southern Co. has received approval to expand its Vogtle, Georgia reactor plants by two new reactors each with 1,100 MW capacity. The federal government will provide $8.3 billion in loan guarantees to jump-start the new reactor construction.
State department learns energy geopolitics
November 22, 2011
After the XL Keystone debacle with Canada, Hillary Clinton has established a “Bureau of Energy” to exclusively focus on energy within the State Department.
Anadarko rings the bell in Colorado
November 16, 2011
Anadarko Petroleum found a billion-barrel field of oil and gas resources in Colorado’s Wattenberg field, North of Denver.
Two global energy pipeline projects deserve attention
November 15, 2011
In the week of November 6, two significant geopolitical events took place. First, the Russian-German-E.U. Nord Stream natural gas pipeline was inaugurated and second, the Canadian-U.S. Keystone XL oil pipeline project was put on hold until after the election.
Ethane looks even better for petrochemicals in the long run
November 4, 2011
Another Oil Shock? | www.mckinseyquarterly.com
McKinsey poses a scenario where crude oil rises to $125 to $175 per barrel, forcing fundamental structural changes. One of those changes is reduced consumption of oil in petrochemical production. This is more good news for additional ethane-based petrochemical capacity.
CTL could change the PAD I outlook
October 31, 2011
Three refineries are closing in the Petroleum Administration Defense District I (PAD I) along the Atlantic coast. This eliminates 700,000 bbl of refinery capacity.
CTL will revive coal in West Virginia and Kentucky
October 26, 2011
Adams Fork Energy’s company Transgas, has contracted with Uhde, a ThyssenKrupp company, to build three 18,000 (bbl/d) coal to liquids (CTL) plants with an estimated project investment of $4 billion per plant. The project uses the latest cutting edge Uhde gasification PDQ [Prenflow with quench] technology together with ExxonMobil’s methanol to gasoline process (MTL).
What is the cost trend of large energy projects?
October 24, 2011
Duke to Take $220 Million Charge on Clean Coal Plant | online.wsj.com
This analysis looks at cost trends for large energy projects which employ gasification processes. These include synthetic natural gas (SNG), natural gas to liquid (GTL) and clean coal to power (IGCC) projects.
Natural gas gets transportation traction in Pennsylvania
October 12, 2011
We have all have witnessed the extraordinary development of shale-derived natural gas in the U.S., and in particular on the East Coast where the Marcellus field stretches from Pennsylvania up to the Canadian border. Our national shale gas resources are now estimated at over 100 trillion standard cubic feet. It’s a real game changer for the energy market.
The Startup That's Working On a Real Petrochemical Game-Changer
October 5, 2011
Ethylene Production Technology | www.technologyreview.com
A startup called Siluria has developed catalysts that can convert methane (natural gas) directly and selectively to ethylene. The technology is said to be a vast improvement over the existing MTO (methane to olefins) technology, which is expensive and not very selective. If economically viable, this technology would have a significant impact on both the ethylene industry and stranded gas.
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012
Two global energy pipeline projects deserve attention
November 15, 2011