AJOT | March 23, 2020 | Energy | Conventional | By The Numbers
The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project development plans for this year.
AJOT | March 23, 2020 | Energy | Conventional | By The Numbers
China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average.
AJOT | March 18, 2020 | Energy | Conventional | By The Numbers
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates.
AJOT | March 18, 2020 | Energy | Conventional | By The Numbers
Rystad Energy is creating a weekly comprehensive report calculating the effect of the novel coronavirus in our lives and updating estimates for global fuel markets.
AJOT | March 16, 2020 | Energy | Conventional | By The Numbers
Markets for oil, as well as other commodities and equities, have experienced significant volatility and price declines since the final week in February amid concerns over the economic effects of the 2019 novel coronavirus disease (COVID-19).
AJOT | March 13, 2020 | Energy | Conventional | By The Numbers
In the Annual Energy Outlook 2020 (AEO2020) Reference case, the U.S. Energy Information Administration (EIA) projects that delivered energy for air conditioning will increase more than any other end use in residential and commercial buildings (also known as the buildings sector) through 2050, while energy consumption for space heating will decline.
AJOT | March 13, 2020 | Maritime | Bulk | By The Numbers
Overseas Shipholding Group, Inc. (the “Company” or “OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2019.
AJOT | March 13, 2020 | Maritime | By The Numbers
2019 financial results see robust growth across key metrics and strategy on track
AJOT | March 09, 2020 | Ports & Terminals | Ports | By The Numbers
S.C. Ports Authority saw steady container volumes in early 2020 and recorded the highest February ever for both cargo volumes and rail moves at inland ports.
AJOT | March 09, 2020 | By The Numbers
Light oil production in the United States is guided to grow by 8.1% year-on-year, according to Rystad Energy’s analysis of the latest shale E&P guidance, despite an expected decrease in capital expenditure, which is estimated to drop by 11% compared to 2019.
AJOT | March 03, 2020 | Energy | Conventional | By The Numbers
U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according to the U.S. Energy Information Administration’s (EIA) recently released Natural Gas Monthly. New natural gas-fired electric capacity and lower natural gas prices led the increase in domestic natural gas consumption.
AJOT | March 02, 2020 | Energy | Conventional | By The Numbers
Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.
AJOT | March 02, 2020 | International Trade | By The Numbers
This release provides an annual summary of North American Transborder freight by mode. In the previous release, BTS reported that trucks were the most heavily utilized mode in 2018 for moving goods to and from both Canada and Mexico, carrying 63% of the freight transported. Trucks accounted for $772 billion of the $1.2 trillion in freight flows with Canada and Mexico in 2018. Rail accounted for $179 billion, almost 15%. Previous release Database
AJOT | March 02, 2020 | Air Cargo | General | By The Numbers
At the time of writing, it had become very clear that the first quarter of 2020 (and quite possibly the months beyond) will turn out to be an extraordinary period for the world and for world trade, and thus for air cargo.
AJOT | February 28, 2020 | Energy | By The Numbers
Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore.
AJOT | February 24, 2020 | Logistics | By The Numbers
Descartes Systems Group announced that it has acquired Peoplevox, a leading provider of cloud-based ecommerce warehouse management solutions
AJOT | February 19, 2020 | Energy | Conventional | By The Numbers
In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was forecast in the January 2020 edition of the STEO.
AJOT | February 18, 2020 | Intermodal | Trucking | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.1% in January after rising 0.5% in December. In January, the index equaled 117.4 (2015=100) compared with 117.3 in December.
AJOT | February 18, 2020 | Maritime | Liner Shipping | By The Numbers
The effects of the coronavirus outbreak continued to reverberate across the global supply chain this week, as China took its first but slow steps back to work and uncertainty persists throughout the industry.
AJOT | February 14, 2020 | Energy | Conventional | By The Numbers
Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more than $53 billion in Guyana’s coveted Stabroek Block during the coming decade, Rystad Energy research shows.
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