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CERAWeek: Middle East demographics mean big changes for region

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HOUSTON — The Middle Eastern dynamic will shift in the next decades as an overwhelmingly young population ages, a panel of international experts told IHS Energy CERAWeek attendees on Friday. The Middle East is already a troubled region. A number of civil wars have destabilized several countries such as Iraq and Syria, and a recent […]
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CERAWeek: World leaders at Paris climate talks won’t make same mistakes as 2009, experts say

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“There was a perception of failure” in Copenhagen, Todd Stern told IHS Energy CERAWeek. “People don’t want to go back there again.
Gregory Boyce, chief executive officer of Peabody Energy Corp. (F. Carter Smith/Bloomberg News file photo)

CERAWeek: Clean power plant rule offers significant pain with ‘negligible environmental benefit,’ coal producer says

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Coal-fired power plants wouldn’t be the only beneficiary of carbon capture and storage technology, Peabody Energy CEO Greg Boyce said, stressing that in a carbon-constrained world, natural gas plants will need the tech too.
Ernest Moniz Sec. of Energy United States during the IHS Energy CERAWeek Wednesday April 22, 2015 at the Hilton Americas-Houston. (Billy Smith II / Houston Chronicle)

CERAWeek: Energy chief sees no ‘compelling’ case for oil exports yet

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The oil industry hasn’t made “an overly compelling argument” for crude exports, Energy Secretary Ernest Moniz said Thursday.
(Daniel Acker/Bloomberg)

CERAWeek: Refiners need more infrastructure to process the surge of U.S. crude

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Revitalized North American crude production has created abundant sources of oil for refineries to process, but has raised the challenge of how to move it from the field to refineries.
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CERAWeek: The Strategic Petroleum Reserve needs a makeover

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The nations’ strategic oil stockpile may need to be brought into the modern era, experts told CERAWeek attendees.
Energy Secretary Ernest Moniz (AP Photo/Pablo Martinez Monsivais)

Energy Department: The U.S. energy grid needs $15 billion in upgrades

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Severe weather is the leading cause of power disruptions, costing the U.S. economy from $18 billion to $33 billion a year, and climate change will only make it worse, a White House review on energy infrastructure concludes.
Interior Secretary Sally Jewell at the 2015 IHS CERAWeek (Houston Chronicle)

CERAWeek: Interior Secretary Jewell aims to reassure wary oil executives

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Interior Secretary Sally Jewell will go before a crowd of wary energy industry executives Monday to make the case that federal regulations are essential to reassure a worried public.
Sen. Lisa Murkowski speaks at the IHS Energy CERA Week conference in Houston on April 20, 2015. (Brett Coomer/Houston Chronicle)

CERAWeek: U.S. crude export ban is a sanction against ourselves, Murkowski says

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“We shouldn’t lift sanctions on Iranian oil while we are keeping sanctions on American oil,” Sen. Lisa Murkowski told energy executives at IHS Energy CERAWeek. “It makes no sense.”
(AP Photo/Pablo Martinez Monsivais)

Obama moves forward on new oil and gas rules for public lands

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The Bureau of Land Management’s announcement that it would be proposing changes — and inviting public comment on the scope of them — marks the first major effort in decades to update onshore royalty rates that are among the lowest in the world.