oil & energy

On Lyrics And Linemen

When talking to friends outside of the power industry about the damage caused to infrastructure---and, heck, sometimes inside the power industry, too---there's almost always singing. Yes, really. When the subject turns to recovery efforts and those ubiquitous shots of bucket trucks from utilities near and far, someone almost always breaks ...

Will the robotic revolution widen the inequality gap?

Designing a system that only really works for the top 10% can be a somewhat risky enterprise. On July 14th 1789, King Louis XVI wrote in his diary one single word – “nothing” – to describe the results of his day's hunting. Earlier that day, the Bastille had been stormed.  The King had no ...

Seeking stable returns in a volatile market

A bidding war for an ever-shrinking number of network assets is pushing valuations to record levels. As highlighted in our latest edition of Power transactions and trends, these assets are trading at an average premium of more than 65.3% to independent power producers across the Americas (61%), Asia-Pacific (65%) and Europe (70%). Of course, ...

Could One Of The Big 6 Utilities EUexit From Britain?

We are in unchartered territory. The UK’s decision to leave the European Union has shaken global markets and pushed the UK into a period of financial volatility and political uncertainty. Predictably, the initial market reaction has been one of shock but, after a few tense days which saw Sterling ...

Iran's Nuclear Deal: Treading The Tightrope

Iran's nuclear deal is very similar to walking on a high-wire; it's an accomplishment, it's a constant challenge to maintain, and a single misstep can kill it off. As an Iranian citizen, I have lived my life with a predominant sentiment that my country has always been on the verge ...

Gridlock: Sparking Innovation In The Energy Sector

We often hear how young startup companies can change the face of an entire industry. That sort of disruption is well underway in the US energy markets, where renewables already power seven percent of US homes and businesses.[i] The question is: Do utilities and other energy producers have the ...

Is Scotland Weathering The Oil And Gas Storm?

A difficult year… The pace of Scotland’s economic growth in 2016 is predicted to be the poorest since 2012, according to the EY Scottish ITEM Club. While still expanding, Scotland’s GDP growth for 2016 has been downgraded to 1.2 per cent representing a 0.6 per cent decrease from the prediction EY Scottish ITEM ...

Higher Oil Prices: Good News Or Bad?

On 20 January, Brent crude oil was trading at USD27.88 a barrel (EUR25.52), the lowest price this year. Prices recently rebounded to USD50 (EUR44.70). Without trying to forecast future oil pricing trends – which, as shown by the experience of 2015, are even more difficult to predict than other economic variables – it is ...

A Vision For Saudi Arabia's Future

Whenever I arrive in a country, I like to read the local press reports to see the issues of the day. In Saudi Arabia, it was clear that one of the biggest issues—if not the biggest issue—in the news was oil prices and their impact on the economy. ...

Wayward Golfers And Hungry Birds Impact Millions Of People.

Wayward Golfers and Hungry Birds lead list of most unusual Power Outages that contributed to blackouts affected  millions people. Hungry eagles, curious cats and a hapless golfer were among the most unusual reasons for power outages last year, while severe weather caused the most significant cuts, according to the Australian ...

Learning To Live With Wildfires - By Arvind Ekka

The Fort McMurray Wildfire, the biggest in Canadian history, and which has left a trail of destruction, has consumed 5044 sq. kilometres, seven times the size of the city of Edmonton, Alberta. A few days ago seen moving north at the rate of 30 to 40 meters per minute, that is 6 kilometres in 2 ...

Iran Oil Show 2016 Report

Iran Oil Show 2016, the country's first major oil, gas and petrochemical convention after the January lifting of sanctions, was held on May 5-8 in Tehran. The annual exhibit attracted around 900 international firms in Tehran for four days of showcasing, talking and cutting deals with 900 domestic companies. Asian enterprises, particularly the ...