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Energy News for week ending June 23, 2017

Good Friday Afternoon.

This week’s energy news includes a story in the MIT Technology Review about a new paper from nearly two dozen “prominent researchers” that sharply critiqued an influential paper arguing that wind, solar, and hydroelectric power could affordably meet most of the nation’s energy needs by 2055. 1,030 more words

Natural Gas Pipelines

The Never Ending Recovery of Natural Gas

Recent rout in oil has been hogging the headlines. Our prognosis on oil’s downtrend in May has played out with conviction so far in June. Now we turn to the outlook of oil’s poor cousin, natural gas. 814 more words

Macro

US stock indexes tick higher as oil's dismal week eases

NEW YORK (AP) — U.S. stock indexes ticked higher in morning trading Thursday after the price of oil stabilized, at least for now.

This week has been dominated by oil’s tumbling price, which dropped on Wednesday to its lowest level since last summer, and how much it will affect the broader market. 505 more words

U.S. News

Standard and Poor's cuts Saskatchewan credit rating, cites low commodity prices

Weak commodity prices and higher government capital spending have prompted Standard and Poor’s to downgrade Saskatchewan’s credit rating.

The agency said it has lowered the rating to double-A from double-A plus. 235 more words

Canada

Mozambique must ensure that gas revenues reach the population – World Bank

World Bank director Clara de Sousa warned that Mozambique must ensure that revenues from new natural gas projects meet the aspirations of the population, or face adverse results. 375 more words

#MozambiqueLatestNews

Mozambique Oil & Gas: Sasol to sink additional wells in Pande

Sasol Petroleum is moving ahead to implement a project which will sink additional wells in the Pande natural gas field in Inhambane province, maintaining the supply of the resource to its Central Processing Unit. 230 more words

Mozambique Oil And Gas Industry

What is happening to the economy of Qatar?

Today I intend to take a look at the economy of one of the Gulf states Qatar. It hit the news earlier this month due to these events from Gulf News. 1,402 more words

General Economics