Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Oil back up on expected OPEC+ conservatism - Rystad Energy
| November 04, 2021 | Energy | Conventional | By The Numbers
Low jet fuel demand and structural obstacles push West Africa’s crude output into lasting decline
| November 04, 2021 | Energy | Conventional | By The Numbers
Global oil production is slowly recovering towards pre-Covid-19 levels, but in West Africa the pandemic is set to leave lasting effects.
Added transnational oil pipeline capacity could reduce crude oil shipped by rail
| November 04, 2021 | Energy | Conventional | By The Numbers
The Enbridge Line 3 replacement pipeline, which delivers crude oil from Edmonton, Alberta, in Canada to Superior, Wisconsin, became fully operational on October 1, 2021, increasing the pipeline’s capacity to 760,000 barrels per day (b/d).
China says it won’t abandon climate goals by moving back to coal
| November 03, 2021 | Energy | Conventional | International Trade | Commodity
China is unlikely to embark on major new developments of coal-fired power even as it boosts output of the fuel to ease electricity shortages, according to a front-page commentary in a key state-run newspaper.
U.S. expresses ‘serious concerns’ over Mexico’s electricity plan
| November 03, 2021 | Energy | Conventional
Battery storage applications have shifted as more batteries are added to the U.S. grid
| November 03, 2021 | Energy | Alternative
The ability of utility-scale batteries to draw energy from the grid during certain periods and discharge it to the grid at other periods creates opportunities for electricity dispatch optimization strategies based on system or economic conditions.
Offshore wind spending is closing the gap against O&G, will exceed it in more regions by 2030
| November 03, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project | By The Numbers
Offshore wind spending is increasingly closing the gap on oil and gas (O&G) investments and is forecast to surpass them in several key markets by 2030, Rystad Energy analysis indicates.
Longi may be latest Chinese solar firm to see products blocked at U.S. border
| November 03, 2021 | Energy | Alternative
Argentina is first in South America to regain pre-Covid fuel demand
| November 02, 2021 | Energy | Conventional | By The Numbers
ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia
| November 02, 2021 | Energy | Conventional
U.S. consumption and production of natural gas decreased while exports grew in 2020
| November 02, 2021 | Energy | Conventional | By The Numbers
U.S. natural gas production and consumption decreased in 2020 because of mild winter weather and the COVID-19 pandemic's effect on demand, according to our recently released Natural Gas Annual.
BP says oil demand is back above 100 million barrels a day
| November 02, 2021 | Energy | Conventional | By The Numbers
Oil in for a bullish week as OPEC+ meeting approaches - Rystad Energy
| November 01, 2021 | Energy | Conventional | By The Numbers
Spain’s Algerian gas imports via Morocco stop as deal ends
| November 01, 2021 | Energy | Conventional
Daphne Technology secures strategic investments from Shell Ventures, Trafigura, AET and Saudi Aramco Energy Ventures
| October 29, 2021 | Energy | Alternative
Residential propane prices start winter heating season at highest level since 2011
| October 29, 2021 | Energy
The average U.S. residential price of propane reached $2.59 per gallon (gal) as of October 4, 2021, the highest price reported for the first week of the winter heating season since 2011, according to our Heating Oil and Propane Update (HOPU). The winter heating season runs from October through March. Prices during the first four weeks of the current winter heating season were 49% higher than the same time last winter.
Exxon, Chevron eye billions in buybacks as cash flows surge
| October 29, 2021 | Energy
G-20 leaders plan to stop funding offshore coal, draft statement says
| October 29, 2021 | Energy | International Trade | Commodity
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climate objectives that are crucial to keeping global temperatures in check, according to a draft statement for this weekend’s summit.
Dachser switches completely to green electricity
| October 28, 2021 | Energy | Alternative | Logistics
The logistics provider obtains 100 percent of its electricity worldwide from renewable sources; it will quadruple the amount of green electricity it generates itself using photovoltaic systems
PSEG and Ørsted support New Jersey’s clean energy future with strategic offshore wind transmission proposals
| October 28, 2021 | Energy | Alternative | Project / Heavy Lift
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