Construction of a new high-voltage line. workers on electricity poles

What are “Interconnectors”?

Nicholas Newman Eniday June “017 Interconnectors are key elements in the transmission of energy between separate energy networks and play a vital role in the UK’s ability to meet demand at peak times. Huge amounts of electricity and gas are constantly crisscrossing the seas between Europe and the UK through interconnectors. To […]

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NEW BUSINESS MODEL NEEDED

NEW BUSINESS MODEL NEEDED

Nicholas Newman AFROIL Week 20 Page 5 2017 A round-up of themes raised at Flame Amsterdam, Europe’s premier gas and LNG conference concerning Africa’s gas prospects. The prevailing view was that changes in the very nature of demand for power would make established business models obsolete.  Widespread adoption of new […]

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20344154 - trading on line on lcd and white background

What is the prospect for crude oil futures in the next 1 to 2 yrs?

By Nicholas Newman I should think that oil price will stay much as it is already, because of the following reasons: The failure of OPEC production cuts to impact on oil prices. The current flat demand for oil. The huge amount of oil stored around the world. The likelihood, that […]

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21420451 - ancient roman warship

Energy in ancient times

Nicholas Newman Eniday May 2017 We may assume too readily that the Romans, lacking the fuels which power the modern world and the sophisticated technologies which have harnessed water, had only a feeble command of energy, but we would be mistaken. Archaeology and historical research have long since shown that the Romans—masters of […]

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Work of oil pump jack on a oil field. extraction of oil.

A NEW FUNDING SOLUTION IS NEEDED FOR OIL DECOMMISSIONING

Nicholas Newman Oil Man magazine May 2017 At the time of writing, we are seeing an increasing number of media reports detailing the huge number of abandoned oil wells in Alberta and Texas. In addition, governments and the industry are experiencing growing concern over the increasing costs of decommissioning and […]

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