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Energy

Bloomberg | Top Story | March 03, 2022

US targets Russian oil sector with equipment-export ban

The Biden administration said Wednesday it is seeking to degrade Russia’s status as a leading world producer of oil and natural gas by restricting exports of technology related to the energy sector.

Construction begins on chouest vessel that will support Ørsted and Eversource offshore wind farms

Service operations vessel “ECO EDISON” selects power and propulsion providers that will support manufacturing jobs across 12 states.

Canada nixes Russia trade status, sanctions Rosneft and Gazprom

Bloomberg | March 03, 2022 | Energy | International Trade | Commodity

European gas futures swing wildly as market faces war volatility

Bloomberg | March 03, 2022 | Energy

Russia’s toxic oil sends tanker rates to ship it into a frenzy

Bloomberg | March 03, 2022 | Energy | Maritime | Bulk

EIA projects US energy consumption will grow through 2050, driven by economic growth

AJOT | March 03, 2022 | Energy

Energy consumption will increase in the United States over the next 30 years across a variety of economic scenarios as population and economic growth outpace energy efficiency gains, according to our Annual Energy Outlook 2022 (AEO2022), which we will release later today.

Libya’s biggest oil field stops producing as crisis deepens

Bloomberg | March 03, 2022 | Energy

New Cummins B6.7™ propane autogas engine offers high-performing, low-carbon option

Medium-duty fleet owners looking to invest in an alternative energy source that provides clean, affordable, and reliable benefits have new technology to turn to with the Cummins B6.7 Propane.

Powering up: Global battery demand to surge by 2030, supply headaches on the horizon

AJOT | March 03, 2022 | Energy | Alternative

As the energy transition quickens and countries and consumers strive to decarbonize, global battery demand could surge exponentially and approach nine terawatt-hours (TWh) annually by 2030, 15 times the levels seen in 2021.

Rush to replace Russian coal propels fuel to unprecedented gains

Bloomberg | March 03, 2022 | Energy

A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to levels never seen before.

Ukraine war could wipe out 1 million barrels a day of oil demand

Bloomberg | March 03, 2022 | Energy

Germany signals opposition to embargo on Russian energy imports

Bloomberg | March 03, 2022 | Energy | International Trade

EU can cut its Russian gas imports by a third, IEA says

Bloomberg | March 03, 2022 | Energy | International Trade

European gas gyrates wildly as traders weigh sanction risk

Bloomberg | March 03, 2022 | Energy

Russia’s gas giant shunned by European traders—and its landlord

Bloomberg | March 03, 2022 | Energy

Oil shipping costs soar for key routes on Russian invasion

Bloomberg | March 02, 2022 | Energy | Maritime | Bulk

The escalating crisis over Ukraine has catapulted the cost of shipping oil by sea.

Oil from every corner of US breaches $100 on Ukraine war woes

Bloomberg | March 02, 2022 | Energy

Russia’s invasion of Ukraine has thrust just about every major grade of crude in the American physical oil market above $100 a barrel.

Russia’s war in Ukraine could wipe out 1 million bpd of regional oil demand, impacting global balances

AJOT | March 02, 2022 | Energy

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, Rystad Energy research shows.

New pipelines carrying natural gas plant liquids increase natural gas processing

AJOT | March 02, 2022 | Energy

In 2020 and 2021, more than 2,000 miles of new liquids pipelines were brought into service, according to our Liquids Pipeline Projects database. Several of these recent infrastructure projects were dedicated to transporting a mix of natural gas plant liquids (NGPLs), which are produced at natural gas processing plants from raw natural gas streams.

Tanker with Russian LNG diverts from U.K. amid port ban

Bloomberg | March 02, 2022 | Energy | Ports & Terminals

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