Headlines for July 19, 2016

  1. Daily Infographic: Natural Gas-Fired Electricity Generation Expected To Reach Record Level In 2016: EIA

    Natural gas-fired electricity generation in the United States is expected to reach a record level this year, providing an average of 3.8 million megawatt hours per day in 2016, or four higher than in 2015. Based on the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO), monthly natural gas-fired generation is expected to reach record highs in July and August, when weather-related demand for air conditioning increases electricity demand.

  2. Analysis: Venezuela’s A Powder Keg That Just Won’t Blow

    Venezuela is in political and economic crisis. President Nicolas Maduro and his fellow Chavistas continue to cling to power despite the Democratic Unity Roundtable (MUD) securing a massive two-thirds supermajority in last December’s parliamentary elections. Economically, the country is suffering riots and lootings due to shortages of food, medicine, other basic goods and electric power.

  3. JWN Webinar: 3 Secrets To Achieving True Fleet, Asset And Materials Optimization

    Attendees will learn about the 3 secrets to achieving true fleet, asset & materials optimization from Canada’s leading provider of telematics solutions to the energy industry. You will see how one of Canada’s top oil & gas producers leveraged those key secrets and implemented a solution that resulted in a 150% plus ROI within four months.

  4. The Value Adding Role Of Geophysics In The Oil Industry

    The role of geophysics in the industry is a robustly debated subject these days. As our industry continues to evolve in order to meet challenges brought on by unconventional resources, changing supply and demand factors, environmental drivers, and legislative and tax regime changes — just to name a few — all aspects of our industry are under scrutiny. Nobody wants to spend money or do anything that cannot be immediately assessed for the value it adds. It is under this scrutiny that geophysicists could perhaps be forgiven for periodic existential anxiety.

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