CERAWeek host Dan Yergin on change, conflict and new geography of oil
Jordan Blum, The Houston Chronicle, March 11, 2019
The 2019 CERAWeek takes place as the U.S. produces more oil than ever — 40 percent of which is from Texas — but the world is shifting toward cleaner energy sources to help combat climate change. This year’s edition will explore that dichotomy and the other big issues confronting the energy industry as it hosts speakers ranging from the U.S. secretary of state and the OPEC secretary general to the chief executives of Chevron and BP to the CEO of Amazon Web Services.
Q: What’s the main theme to this year’s CERAWeek by IHS Markit?
A: The theme really is this ‘new world of rivalries.’ There’s clear competition on trade issues and then, more specifically in terms of energy, there’s competition among fuels, technologies, and a competition and rivalry about ideas for the future of energy.
LNG comes of age
William Powell & Shardul Sharma, Natural Gas World, March 8, 2019
Gas was high up the agenda of IP Week and there was little disagreement about the importance of the role it must play in decarbonizing.
Most self-respecting energy companies have an LNG strategy: transport, power and industry cannot reduce their emissions affordably without gas. From being a niche fuel confined to highly profitable projects servicing captive markets, LNG is now democratic, even being trucked from terminal to filling stations almost as if it were diesel. With decarbonizing the ultimate goal of politicians, LNG is the fore-runner of green gas, developing the markets while the even cleaner technology is being perfected affordably. Electrification will not do the job of heating homes or transporting heavy goods.
March 8, 2019
JUNEAU, Alaska—January employment was up an estimated 0.2 percent, or 500 jobs, from January 2018. Construction added the largest number of jobs over the year (800), followed by health care (400). State government added 300 jobs; oil and gas added 200; the transportation, warehousing and utilities sector added 200 and local government added 100.