Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


Oil rises again on US crude stocks build projections - Rystad Energy comments

AJOT | June 16, 2021 | Energy | Conventional | By The Numbers

U.K. to import Norway’s cheap hydro-power along sub-sea cable

Bloomberg | June 16, 2021 | Energy | Alternative

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EIA: Growing global production limits crude oil price increases in the most recent forecast

AJOT | June 15, 2021 | Energy | 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).

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Ørsted plans carbon capture at Avedøre Power Station as part of the Green Fuels for Denmark project

AJOT | June 15, 2021 | Energy | Alternative

Ørsted has identified the 100 MW straw-fired unit at the Avedøre Power Station in Copenhagen as the best point source of sustainable CO2 for the next phases of the Green Fuels for Denmark Power-to-X facility.

Oil gains on tight supply against rising demand - Rystad Energy comments

AJOT | June 15, 2021 | Energy | Conventional | By The Numbers

Biggest foreign buyers of U.S. fuel about to step on the pedal

Bloomberg | June 14, 2021 | Energy | Conventional

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Production of crude oil and natural gas in New Mexico reached new record in March 2021

AJOT | June 14, 2021 | Energy | 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.

Iran says outline agreed with U.S. to lift energy sanctions

Bloomberg | June 14, 2021 | Energy | Conventional

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

AJOT | June 11, 2021 | Energy | Conventional | By The Numbers

Tourmaline to buy Canada shale rival, eyes future LNG exports

Bloomberg | June 11, 2021 | Energy | Conventional | International Trade

Global oil demand to hit pre-virus level next year, IEA says

Bloomberg | June 11, 2021 | Energy | Conventional

China is racing to build coal storage capacity as prices soar

Bloomberg | June 11, 2021 | Energy | Conventional

Anglo’s coal retreat may boost South African fossil-fuel output

Bloomberg | June 11, 2021 | Energy | Conventional

Naftogaz CEO pressing U.S. to block Nord Stream 2 completion

Bloomberg | June 10, 2021 | Energy | Conventional

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Supply disruptions and rising demand boosted East Coast petroleum product imports in March

AJOT | June 10, 2021 | Energy

Imports of petroleum products—gasoline, distillate, and other products—into the East Coast region of the United States increased in March 2021. Rising imports resulted from lower domestic supply, higher demand, and higher domestic petroleum product prices compared with prices in Europe. In March, East Coast petroleum product imports averaged 1.4 million barrels per day (b/d). In addition, East Coast gasoline imports averaged 737,000 b/d, the highest March level since 2009, and East Coast distillate imports averaged 421,000 b/d, the highest March level since 2003.

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Treating the US oil industry’s dark water: As earthquakes increase, billions needed to switch course

AJOT | June 10, 2021 | Energy

A worrying Rystad Energy analysis of seismic activity in the US’ key oil producing regions reveals that the number of noticeable earthquakes has been increasing year after year since 2017.

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Strategic Marine delivers pair of 27m crew transfer vessels to WEM Marine Ltd

AJOT | June 09, 2021 | Energy | Alternative

Strategic Marine (S) Pte Ltd, a leading Singapore based shipbuilder and part of Strategic Marine Holdings Pte Ltd, today successfully delivered a pair of 27m CTVs to WEM Marine Ltd, a UK-based offshore support vessel (“OSV") provider with a growing fleet servicing the renewable offshore wind energy sector. This is WEM’s first order with the Strategic Marine Group.

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