Joao Peixe

Latest articles from Joao

• Putin Postpones Payment by Ukraine for Gas

  Published 10 April 2014 | viewed 5,443 times

  On April 9, Russian President Vladimir Putin suggested that Gazprom should postpone the upfront payment of billions of dollars by Ukraine for natural gas. Gazprom…

• EPA Says States Will Have Flexibility With Carbon Regs

  Published 09 April 2014 | viewed 4,586 times

  EPA Administrator Gina McCarthy went to lengths to emphasize the fact that states will have flexibility when deciding on how to implement new greenhouse gas…

• Natural Gas Accounted for Half of New Capacity in 2013

  Published 08 April 2014 | viewed 5,138 times

  Natural gas-fired power plants accounted for more than half of newly installed capacity last year, surpassing all other forms of power generation combined, according to…

• Kashagan Production Could be Delayed for Years

  Published 07 April 2014 | viewed 6,940 times

  Last Week Oil Price reported on the mounting problems at the massive Kashagan oil field in Kazakhstan. The latest developments seem to be much worse…

• ExxonMobil Agrees to Disclose Risks of Fracking

  Published 05 April 2014 | viewed 6,291 times

  One of the world’s largest oil and gas producers agreed to disclose the risks of hydraulic fracturing and the impact of its operations on air…

• China Plans More Electric Vehicle Support

  Published 03 April 2014 | viewed 5,357 times

  China announced plans to support greater adoption of electric vehicles by exempting buyers of EV’s from paying a sales tax. Vice Premier Ma Kai said…

• Libyan Rebels Agree to Reopen Port

  Published 02 April 2014 | viewed 4,398 times

  The Libyan rebels that have controlled several key ports have agreed to hold talks with the central government and will reopen ports within a few…

• Major Iraq Oil Field Comes Online

  Published 01 April 2014 | viewed 6,597 times

  One of Iraq’s largest oil fields – as well as one of the world’s largest untapped fields – began commercial production on March 29. Russia’s…

• Oil Ship Loses Power in Gulf; Production Shut In

  Published 31 March 2014 | viewed 13,880 times

  A floating offshore oil production ship briefly lost power on March 28, drifted from its location, and spilled a small amount of oil into the…

• Senators Push for Expedited LNG Approval

  Published 28 March 2014 | viewed 4,082 times

  Senators Mary Landrieu (D-LA) and Lisa Murkowski (R-AK) are pushing for an overhaul of how LNG export applications are reviewed in order to prioritize projects…

• Gazprom Wants 15% of Global LNG Market

  Published 27 March 2014 | viewed 5,467 times

  Gazprom aims to capture 15% of the global LNG market over the next 15 years. In a press release, it stated that its board of…

• Report: Off-Grid May Soon Reach Tipping Point

  Published 26 March 2014 | viewed 6,828 times

  Declining costs of solar power are making off-grid energy systems increasingly viable, getting closer to grid-parity with conventional sources of power from the electrical grid.…

• A Week of Oil Spills

  Published 25 March 2014 | viewed 7,305 times

  The past week has not been a good one for the oil industry. There have been several high profile oil spills across the U.S. The…

• Oil Rigs Hit Highest Level in Decades

  Published 24 March 2014 | viewed 9,340 times

  The number of oil rigs in operation hit a multi-decade high as productivity plateaus. The oil industry added 12 more rigs according to the most…

• China Reforming Energy Sector

  Published 22 March 2014 | viewed 7,690 times

  President Xi Jinping is leading an effort to reform China’s energy sector, which has long been under the strict purview of state-owned enterprises. China is…

• California to Slash Gasoline Consumption by 9% by 2020

  Published 20 March 2014 | viewed 5,931 times

  By the end of the decade, California may cut gasoline consumption by 9% due to state policies and rapidly improving fuel efficiency. As Californians switch…

• Oil Theft Could Derail Oil Growth in Nigeria

  Published 19 March 2014 | viewed 4,628 times

  Theft in the Niger Delta may prevent Nigeria from meeting its ambitious goal of boosting oil output by 30% by 2020, according to oil officials…

• ExxonMobil Takes Step Forward on Colorado Oil Shale

  Published 18 March 2014 | viewed 18,451 times

  The Bureau of Land Management approved ExxonMobil’s plan for an oil shale research and development project in Colorado. The approval clears a key hurdle for…

• Sufficient Commodity Supplies Offset Geopolitical Pressure

  Published 17 March 2014 | viewed 4,733 times

  Greater supplies of key commodities have prevented price surges over the brewing crisis in Crimea. Europe has an abnormally high supply of natural gas in…

• Iraq Oil Production Hits 35 Year High

  Published 14 March 2014 | viewed 5,611 times

  Iraq produced oil at a rate of 3.62 million barrels per day in February, a 35-year high. Monthly output jumped by 530,000 bpd from a…