AJOT | May 31, 2019 | Energy News | By The Numbers
Brazil is the second-largest producer of hydroelectric power in the world, after only China, and hydropower accounted for more than 70% of the country’s electricity generation in 2018. Brazil’s latest 10-year energy plan seeks to maintain this level of hydro generation while increasing the share of nonhydro renewables, particularly solar.
AJOT | May 29, 2019 | Air Cargo News | By The Numbers | FIS Market Data
Spot markets continue to act erratically, largely positive price moves have been weighted down by a weakening of rates into Frankfurt. Carriers are looking to redress the supply/demand balance by limiting schedules and parking aircraft over the summer season.
AJOT | May 22, 2019 | Energy News | By The Numbers
In January 2019, Consolidated Edison, Inc., (Con Edison)—the largest utility provider in the New York City area, serving 10 million customers—announced a moratorium on new natural gas connections in most of Westchester County, effective March 16.
AJOT | May 21, 2019 | Intermodal News | Road | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index surged 7.4% in April after decreasing 2% in March. In April, the index equaled 121.8 (2015=100) compared with 113.4 in March.
AJOT | May 21, 2019 | By The Numbers | FIS Market Data
Reacting in line with the tariff-driven boost to Asia-US prices last week, prices this week into the US have retracted to base levels reflecting a settling of the market. Interestingly there is a convergence between annual contract rates and the spot market, diminishing the benefit of fixed annual BSAs.
AJOT | May 21, 2019 | Energy News | By The Numbers
US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million barrels per day (bpd), or 16% for the full year, according to Rystad Energy.
AJOT | May 10, 2019 | Energy News | By The Numbers
Net income for 43 U.S. oil producers totaled $28 billion in 2018, a five-year high. Based on net income, 2018 was the most profitable year for these U.S. oil producers since 2013, despite crude oil prices that were lower in 2018 than in 2013 on an annual average basis.