Energy & Utilities

Energy & Utilities

In 2017, the energy & utilities market will continue to see significant gains in renewables and natural gas, due to the increasing demand for cleaner energy sources and the price/supply advantages of natural gas. Declining per-megawatt costs, auctions, technology innovations and favorable policy regulations will drive the growth of renewable energy.

Shale Gas Development in Europe - Myth or Reality?

Europe continues to depend on imports for its energy needs, be it for oil or for gas, but no major developments for shale gas are expected in the coming years due to a number of factors.

Key Trends in Renewable Energy

Companies around the world are leveraging various forms of technology to improve energy efficiency.

The Rise of LPG as a Petrochemical Feedstock in Asia and Europe

The surge of Liquefied Petroleum Gas (LPG) as a significant petrochemical feedstock alternative to naphtha is gaining momentum across Asia and Europe for a number of reasons. This post uncovers some of the finer aspects of this trend and the possible impact in the near future.

French Strike Causes Chaos - A Petrochemical Perspective

French workers are fuming about employment law reforms in the El Khomri bill. The socialist government is confident that this bill will make the country’s strict employment laws more flexible, thus encouraging more employment. There are two major outcomes anticipated from this legislation.

Oil Price Surges Amid Shrinking Oil Glut - Is It Temporary?

Oil prices have increased from $40 per barrel levels witnessed toward the end of last year to current levels of around $47-48 per barrel, primarily due to supply shrinkages. The drop can be attributed to supply interruption in Nigeria, wildfire outbreak in Canada and reduced production in the United States.

IRAN NOT TO REDUCE OIL PRODUCTION, PRICES TO REMAIN BEARISH

In an attempt to stabilize oil prices, Saudi Arabia, the leading oil producer and Russia have agreed to revert their production to January levels if other oil-producing countries follow suit — Iran and Iraq declined participation in this agreement. Besides Saudi Arabia and Russia, Venezuela and Qatar have agreed to reduce production marginally to salvage the present oil situation.

Energy and Utilities Outlook 2016: Leveraging the Price Volatility

In 2016, natural gas, coal and crude oil will continue to be the primary energy sources in the U.S. with support from nuclear and renewable sources. Oil will remain the primary fuel for transportation and industrial sectors. 

A Steady Decline

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