India: Opportunities In Clean Power Generation

lweb.es/f2224 12.05.2016

iconIndia’s energy system faces the challenges of meeting growing demand, cutting pollution and offering more than 300 million people not connected to the power grid access to modern energy. The target is to build 175GW of renewable energy by 2022, primarily solar and wind. This would present an investment opportunity of more than $150 billion in clean power generation. This report examines the recent growth across India’s off-grid, small energy grids, rooftop solar and utility-scale renewable energy segments and looks at challenges in their future growth.

EIA: U.S. Oil Production In 2015 Highest Since 1972

lweb.es/f2223 12.05.2016

iconU.S. field production of crude oil increased in 2015 for the seventh consecutive year, reaching 9.42 million barrels per day. This was the highest crude oil production level since 1972. In 2015, production gains were highest in Texas, the Gulf of Mexico, and North Dakota, as these three regions accounted for 77% of the country’s total increase. Although annual production for 2015 grew, monthly U.S. crude oil production has declined since April 2015. Lower oil prices led to slower development activity, and production fell to 8.74 million b/d in August 2016.

USGS: 20 Billion Barrels Of Oil In Wolfcamp Shale Formation

lweb.es/f2222 12.05.2016

The Wolfcamp shale in the Texas’ Permian Basin province contains an estimated 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 billion barrels of natural gas liquids. “The fact that this is the largest assessment of continuous oil we have ever done just goes to show that, even in areas that have produced billions of barrels of oil, there is still the potential to find billions more,” said Walter Guidroz, program coordinator for the U.S.Geological Survey Energy Resources Programme.

Nigeria Seeks US$51 Billion Investments in Gas

lweb.es/f2221 12.05.2016

iconAccording to the Nigerian National Petroleum Corporation, Nigeria has capacity to create about $51 billion investment opportunities in the midstream and downstream gas sector. This investment will go into gas exploration and production activities, power plant projects, fertilizer plants, virtual pipelines and flare gas commercialization initiatives; as well as in Free Trade Zones infrastructure development and concessioning, port infrastructure, central gas processing facilities, gas transmission, LPG plants, real estate development, pipe milling and local fabrication yards. The intent is to position Nigeria as a regional hub for gas-based industries.

Downstream Real Estate Reflects ‘Silver Lining’ In Oil and Gas

lweb.es/f2220 12.05.2016

iconThis 2016 Energy Outlook from the company JLL looks at global macroeconomic trends and considers the recovery timeline to expect once oil prices stabilize. The net effect on property markets of the structural changes that are currently redefining the energy industry is then discussed, focusing on the performance of office and industrial inventories in energy-centric cities. The influence of renewable energy on the health of real estate markets today and into the future is also covered. Lastly, U.S. and Canadian trends, deals and fundamentals are presented.