/ Category / Energy

Reporting Oil Companies’ Proved Reserves in 2016 Decline for Second Consecutive Year

June 13, 2017 - in Energy, Oil & Gas

Annual reports of 68 publicly traded oil companies indicated that their aggregate proved liquids reserves declined in 2016 for the second consecutive year. The decline in proved reserves was heavily concentrated in a few companies that reduced their estimated…

NERC’s Summer Reliability Assessment Highlights Seasonal Electricity Reliability Issues

June 8, 2017 - in Electric Grid, Energy

The North American Electric Reliability Corporation's (NERC) recent 2017 Summer Reliability Assessment finds that there are enough resources to meet this…

RigNet’s SI&A Business Unit Wins Systems Integration Contract For New North American Downstream Energy Facility

June 8, 2017 - in Energy

HOUSTON- RigNet, Inc. (NASDAQ:RNET), announced today that it was awarded a multi-million dollar contract to provide communications infrastructure for…

IEA Calls for Clear and Consistent Policy Support for Nuclear Energy

June 8, 2017 - in Energy

The International Energy Agency (IEA) has called for nuclear energy to receive “clear and consistent policy support for existing and new capacity, including clean energy incentive schemes for development of nuclear alongside other clean forms of energy.”…

Ohio Opt-Out Will Cost State Billions in Benefits

June 8, 2017 - in Energy

Our new research shows that utility customers would pay a hefty price if more large customers were allowed to opt out of energy efficiency programs. In Ohio's case, they would pay billions of dollars. Fundamental fairness suggests that because these programs…

United States Remains the World’s Top Producer of Petroleum and Natural Gas Hydrocarbons

June 8, 2017 - in Energy, Oil & Gas

The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels. The United States has been the world's…

As Coal Shipments Decline, Rail Remains Dominant Mode of Coal Transport to Power Sector

June 5, 2017 - in Energy

The U.S. electric power sector consumed 677 million short tons of coal in 2016, the lowest amount since 1984. Electric power sector coal consumption accounted for more than 93% of all coal consumed in the United States, and more than two-thirds of this coal…

Tekelek Partners with PayGo on Smart-Tank Technologies for Intelligent Monitoring and Manaement of Fuel Inventories and Proceurement

June 2, 2017 - in Energy

TORONTO, June 1, 2017 — Enterprise Ireland, the Irish government agency for the promotion of international trade by Irish companies, today announced a partnership between electronic monitoring based Tekelek and fuel technology based Paygo for business development…

More than Half of Small-Scale Photovoltaic Generation Comes from Residential Rooftops

June 2, 2017 - in Energy

Generation from small-scale photovoltaic (PV) systems totaled about 37% of the annual generation from all U.S. solar PV electricity generators in 2016. EIA’s small-scale category includes PV systems that have less than one megawatt (MW) of generating capacity.…

Leaving Paris Sends Wrong Signal, But U.S. Can Still Be Global Clean-Energy Leader if It Prioritizes Innovation

June 2, 2017 - in Energy

WASHINGTON—The Information Technology and Innovation Foundation (ITIF), the top-ranked U.S. science and technology think tank, today released the following statement from David Hart, ITIF senior fellow, on the White House’s announcement regarding the Paris…