Energy in Northern America

  • Good Energy signs deal to power hydrogen fuel stations

    UNITED STATES, 2016/05/11 Renewable electricity company Good Energy has signed an agreement to supply power for the production of hydrogen fuel. The firm will provide zero carbon electricity to ITM Power’s hydrogen car refuelling stations. The stations produce the hydrogen on site using electricity and tap water.

  • The privatization of Pakistan’s power sector Privatization and U.S. support put Pakistan on track towards 50,000 MW goal

    PAKISTAN, 2016/04/09 Pakistan’s power sector has hampered increase for a lot of years. The combination of new government initiatives, a revitalized private energy sector and cooperation with international partners – namely the U.S. – is going a long way to not only transaction with the issues that Pakistan faces, but as well to make it one of the majority dynamic and geopolitically significant energy players in the world One of the major challenges Pakistan’s economy faces today is power supply. Prime Minister Nawaz Sharif’s government has said that it plans to improve Pakistan’s power sector through reform and investment to boost increase, and hopes to end chronic power shortages that have crippled the economy for years. So, it has made real strides to tackle this issue chief on.

  • US Proved Oil And Natural Gas Reserves Rise In 2014

    UNITED STATES, 2015/12/03 US crude oil proved reserves increased in 2014 for the sixth year in a row with a net addition of 3.4 billion barrels of proved oil reserves (a 9% increase), according to U.S. Crude Oil and Natural Gas Proved Reserves, 2014, released by the U.S. Energy Data Government (EIA). US natural gas proved reserves increased 10% in 2014, raising the US total to a record 388.8 trillion cubic feet (Tcf). At the national level, Texas had the major increase in proved reserves, 2,054 million barrels (60% of the country’s total net increase) in 2014. Most of these new oil reserves were added in the Texas portion of the Permian Basin and the Eagle Ford Shale play. North Dakota had the second-major increase—a net gain of 362 million barrels—most of which were added in the Bakken tight oil play of the Williston Basin.

  • The energy crash is going to be huge business for Wall Street

    UNITED STATES, 2015/11/23 The energy sector has been getting hammered, and that has Wall Street on high alert.

  • US Energy Policy Taking Dramatic Shift to the Right

    UNITED STATES, 2015/02/20 The ensuing Republican majority in both Houses of Congress following the 2014 Mid-Term election leaves President Obama in a precarious position regarding healthcare reform, foreign policy and economic recovery. But it is U.S. energy policy that could have the majority tangible long-term result on American society. Since securing re-election in 2012, Obama has taken significant strides in implementing reform to reduce US greenhouse gas emissions. Republicans will presently target the 2016 presidential election as a means of shifting U.S. energy policy firmly to the right. As oil prices return to a volatile status, the potential for partisan conflict will only increase over the direction of key policy decisions.

  • Denton Ban Emboldens Fracking Opponents in Other Texas Cities

    UNITED STATES, 2015/02/20   Next the initial municipal ban on hydraulic fracturing in Texas went into result on December 2in Denton, residents of other Texas cities are considering whether to pursue bans in their own backyards. Residents from disparate parts of the Lone Star national, inclunding Reno (100 miles northeast of Dallas in Lamar County), Alpine (170 miles southwest of Midland in Brewster County), and Presidio (250 miles southeast of El Paso in Presidio County), have taken notice of the Denton election results. The Denton ban has become a “proxy for this large war between people who want to stop fracking and people who want to see it happen,” said Michael Webber, deputy director of the Energy Institute at the University of Texas at Austin. Pat Simms, a member of the Presidio County water conservation board, has said that Presidio residents are pushing for a ban on exploratory fracking wells, even some that are being drilled across the border from Presidio in Mexico, which they believe are tainting the city’s water supply.

  • Latin America facing energy credit crunch

    PERU, 2013/11/10 Latin America's Atlantic nations face a credit vacuum for next energy projects amid rising political and economic uncertainty, according to Peruvian pension fund group Asociación de AFP. Speaking during the 10th BNamericas Southern Cone Energy Summit in Lima on Thursday, the association's president Luis Valdivieso Montano said lenders had begun to separate the region's key markets. He cited Colombia, Chile, Peru, Panama and Mexico as nations that are being prioritized by financial institutions.

  • Mexico's rightist party to block energy bill if no oil licensing

    MEXICO, 2013/11/10 Mexico's rightist PAN opposition party is willing to kill any energy reform proposition that does not include the liberal changes they are seeking, inclunding E&P licensing. From his office in Mexico's senate, Jorge Luis Preciado, the PAN's coordinator in the upper home, told BNamericas they were not willing to negotiate on a watered-down energy proposition. "If it does not go our way, we won't go" with the ruling PRI party, Preciado said. His party was recently irked by the PRI's passage of a tax reform in the senate, which they say will stunt economic increase.

  • United States plans to establish partnerships with Angola in energy sector

    ANGOLA, 2013/08/15 The United States Energy Department plans to establish partnerships with the Angolan government in the energy sector, the assistant secretary for international affairs, David Sandaloy said in Cabinda, northern Angola, Monday. Sandaloy, who was visiting Cabinda, noted the importance of boosting economic cooperation between Angola and the United States. “We have common interests in the energy sector and we transaction with a variety of issues about oil and gas production, and as well electricity production,” he said.

  • United States interested in supporting Mozambican energy sector

    UNITED STATES, 2013/08/15 The United States may be interested in supporting expansion of Mozambique’s electric power network, said Carlos Pascual, the US Coordinator for International Energy Affairs, reports the Maputo-based daily Notícias. Pascual, who is as well an ambassador and US Department of National appropriate envoy, made his comments on Tuesday in Maputo, indicating that business organisations from his country were interested in Mozambique’s gas discoveries and development of the Mozambican energy sector.
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