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Monday, August 18, 2025

January 2018

NatGas Will Provide Bulk of U.S. Electricity for at Least Two More Years

January 22, 2018

United States leans away from coal as natural gas powers up to 20 gigawatts in 2018 The EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasted that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33%

Russia and China should boost their energy cooperation, including increasing their oil trade, which could lead to the establishment of new benchmarks and raise the two countries' clout in the market Oil & Gas 360

Russia On Board with OPEC that Global Oil Alliance Could Continue Past 2018

January 22, 2018

Oil market still isn’t fully re-balanced, Russia’s Novak says It’s unclear whether inventories will drop at same pace: Falih From Bloomberg OPEC and Russia reaffirmed that they’ll persevere with oil-production cuts until the end of the year to clear a global glut and signaled their readiness to cooperate beyond that. Russia is prepared to continue cooperating with OPEC and its

Mexico Faces Test in Upcoming Deepwater Oil Auction

January 22, 2018

Mexico’s July presidential election, uncertain fate of NAFTA and competition for capital from U.S., Brazil, Argentina and Guyana offshore projects cast a shadows on future of Mexico’s energy reform From Reuters MEXICO CITY (Reuters) – An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto’s government to

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