Energy News
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
The United States installed more wind turbine capacity in 2020 than in any other year
| March 03, 2021 | Energy News | Alternative | By The Numbers
In both 2019 and 2020, project developers in the United States installed more wind power capacity than any other generating technology.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| March 03, 2021 | Energy News | Conventional | By The Numbers
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| March 02, 2021 | Energy News | Conventional | By The Numbers
Oil industry’s chief trade group mulls embrace of carbon pricing
| March 01, 2021 | Energy News | Conventional
Venezuela oil exports drop after U.S. sanctions on key traders
| March 01, 2021 | Energy News | Conventional
Energy transition risk quantified: Long-term oil price risk worth $10 per barrel, E&P upstream portfolios value could dip 30-40%
| March 01, 2021 | Energy News | Conventional | By The Numbers
The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition, adding to growing social and regulatory demands for greener energy solutions.
Cold weather led to refinery shutdowns in U.S. Gulf Coast region
| March 01, 2021 | Energy News | Conventional | By The Numbers
The cold snap that affected much of the central part of the country in mid-February disrupted energy systems, particularly in and around Texas. In the U.S. Gulf Coast, where the petroleum infrastructure has rarely operated in sub-zero temperatures, several refineries fully or partially shut down, leading to the largest reduction in Gulf Coast refinery operations in several years.
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
| March 01, 2021 | Energy News | Conventional | By The Numbers
U.S. freeze hammers Europe’s bottom-of-the-barrel oil exports
| February 28, 2021 | Energy News | Conventional
Cold weather results in near-record withdrawals from underground natural gas storage
| February 26, 2021 | Energy News | Conventional
Significant demand for natural gas in mid-February led to the second-largest reported withdrawal of natural gas from storage in the United States, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR).
Power outages main cause of oil, gas shut-ins
| February 26, 2021 | Energy News | Conventional
Texas natural gas production fell by almost half during recent cold snap
| February 25, 2021 | Energy News
During the cold snap that affected much of the central part of the country, U.S. dry natural gas production fell to as low as 69.7 billion cubic feet per day (Bcf/d) on February 17, a decline of 21%, or down nearly 18.9 Bcf/d from the week ending February 13. Natural gas production in Texas fell almost 45% from 21.3 Bcf/d during the week ending February 13 to a daily low of 11.8 Bcf/d on Wednesday, February 17, according to estimates from IHS Markit. Temperatures in Texas averaged nearly 30 degrees Fahrenheit lower than normal during the week of February 14.
Texas power producers blame gas, grid operator for outages
| February 25, 2021 | Energy News
Oil tanker that was a symbol of US-Iran tension slips quietly away
| February 25, 2021 | Energy News | Logistics
Gasoline crisis paralyzes one of every seven Texas stations
| February 24, 2021 | Energy News
Biden-Trudeau climate plan may target polluting trade rivals
| February 24, 2021 | Energy News
Oil hits one-year high with market eyeing tight global supplies
| February 24, 2021 | Energy News
AS Kohimo places an order for PEMA Tank production line
| February 24, 2021 | Energy News
Estonian-based AS Kohimo has placed an order for PEMA Tank production line, consisting of PEMA TW5000-25 Assembly & Welding station with integrated PEMA 4×4 MD Column & Boom. The company, specialized in manufacturing various steel structures, is looking to gain better quality, higher efficiency, and shortened delivery times by investing in new welding automation.
Ethanol and biomass-based diesel RIN prices approaching all-time highs
| February 24, 2021 | Energy News
The prices of renewable identification number (RIN) credits—the compliance mechanisms used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)—have been steadily rising in recent months and are approaching their highest nominal levels in the history of the program.
Gasoline crisis paralyzes one out of every seven Texas stations
| February 24, 2021 | Energy News
