AJOT | July 09, 2021 | Energy News | Conventional | By The Numbers
Following a deadlock in OPEC+ negotiations at the July 2021 meeting, oil prices briefly rose above $75 per barrel at the prospect of the alliance keeping output stable from August onwards, with producers in theory honoring their commitment to the original deal until a new way forward is agreed.
AJOT | June 25, 2021 | Project / Heavy Lift News | By The Numbers
So far in 2021, 2 petroleum liquids pipeline projects have been completed, and 17 more projects have been announced or are currently under construction, according to updated data in our Liquids Pipeline Projects Database.
AJOT | June 15, 2021 | Energy News | Conventional | By The Numbers
In the June Short-Term Energy Outlook (STEO), we forecast that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).
AJOT | June 15, 2021 | Ports & Terminals | Ports | By The Numbers
In this month, 480,019 TEUs (standard 20-foot containers) were handled, of which 100,048 were for cargo (export). The latter grew by 50% compared to last year (the most complicated month of COVID-19) and by 12.26% compared to 2019 (year without pandemic)
AJOT | June 14, 2021 | Energy News | Conventional | By The Numbers
New Mexico had record-high production of crude oil and natural gas in March 2021, averaging 1.16 million barrels per day (b/d) of crude oil and 6.19 billion cubic feet per day (Bcf/d) of natural gas. The March 2021 increases in crude oil and natural gas production were the largest monthly increases on record for New Mexico.