Tag: IHS

Asian nations eagerly eye cheap US natural gas

Asian companies are a large contingent at the LNG 17 conference in downtown Houston, where attendees are buzzing about the availability of low-cost U.S. natural gas on the world market.  More »

Gulf Coast refineries good place for Canadian crude, IHS analysts say

Building brand new facilities in Canada to upgrade the tar-like bitumen harvested in Alberta is a costly investment that no longer pays off, especially since many refineries in Texas and Louisiana are already capable of processing the fossil fuel or can be more cheaply modified to do so, analysts say in a new report.  More »

Transition to low-carbon future will unfold slowly, execs say

The U.S. is on the cusp of an energy transformation driven by policy and environmental goals, but it will take a long time for that transition to unfold, business leaders and analysts said Friday at the IHS CERAWeek energy conference.  More »

Shale boom hurts Europe’s climate goals, exec says

The shale gas revolution has complicated Europe’s efforts to combat climate change, leading to failures because of policies that did not take into account the effect of the American energy boom, a leading energy executive said Thursday.  More »

Oil companies are wasting resources, tech pioneers say

Oil companies waste a lot of resources that could easily be saved through developing technologies, executives of pioneering start-ups said during a presentation Wednesday in Houston.  More »

Amid oil boom, Saudi Aramco urges resilience

The chief executive of the world’s largest oil giant said Tuesday at the CERAWeek energy conference in Houston that he planned to invest heavily in renewable energy technology, even during a renaissance of fossil fuel production.  More »

Energy helps, but politics slows the economic roll

The oil and gas boom is creating jobs, but the stalemate that led to federal spending cuts will hurt the economy, CERAWeek panelists said.  More »

Chemical industry surging on U.S. gas

The North American chemical industry is rebounding from last decade’s economic declines as a surge in natural gas drilling means more raw materials are available at relatively low prices, energy analysts told IHS CERAWeek on Monday.  More »

Analysts: Energy policy not keeping pace with technology

The United States’ energy landscape has been turned upside down by new technologies, but federal policy hasn’t kept pace with the transformation, experts told a House panel on Tuesday. “Our thinking needs to catch up with reality,” energy expert Daniel Yergin told lawmakers.  More »

Friendly business environment fuels U.S. oil boom, report says

Research firm IHS projected that growth in unconventional oil and gas will lead to more than 3 million jobs by 2020 and generate more than $110 billion in taxes.  More »

Overseas dangers don’t deter oil workers

Even in light of the deadly Algeria hostage crisis, U.S. oil companies and workers are unlikely to pull out of dangerous zones because of the big profits and lucrative job contracts they offer, experts say.  More »

Industry leaders: Domestic oil, gas driving U.S. manufacturing resurgence

Energy experts on Thursday credited the surge of tight oil and shale gas being extracted from dense rock formations throughout the U.S. with driving a domestic manufacturing renaissance.  More »
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