Nicholas Newman November 2017 Virtually all of the fossil fuels, including the coal, crude oil and natural gas we use today, was created millions of years ago before, during and even after the days of the dinosaurs. Since then, such materials have played an important part in mankind’s evolution… Virtually […]
Nicholas Newman Energy journalist and copywriter www.nicnewmanoxford.com Predicting the direction, let alone the degree of change in energy prices is tricky and revisions are common. Transport, power and industry, as the major consumers of fossil fuels will be the major beneficiaries of any reduction or plateauing of oil and gas prices. Coal-fired […]
Nicholas Newman eniday October 2017 A major shift of power is underway in the world’s oil and gas markets… Until 2008, oil and gas producers were “market makers.” This meant they could fix prices and decide their output’s final destination. Also, until recently, oil and gas companies restricted gas wholesalers from […]
Nicholas Newman For extractive industries, including oil and gas fields, gold mines, coal mines and landfill sites, the prospect of closure is becoming a major problem, which is likely to cost billions of dollars for both operators and regulators worldwide. In South Africa, there are some 6,150 abandoned mines and around 1,400 […]
.By Nicholas Newman Nic’s round-up of forecasts on global energy. The big theme of coming years will be the growth in smaller scale energy projects and new entrants.