Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Oil supertankers losing millions are a bullish vaccine trade
| March 17, 2021 | Energy
India to cut Saudi Arabian oil imports and buy more from US
| March 17, 2021 | Energy
Baghdad denies trader’s claim that US-seized oil is from Iraq
| March 17, 2021 | Energy | International Trade
Enbridge warns of oil shortages if Michigan shuts key pipeline
| March 16, 2021 | Energy
Recent completions of natural gas pipeline projects increase transportation capacity
| March 16, 2021 | Energy
From November 2020 through January 2021, approximately 4.4 billion cubic feet per day (Bcf/d) of new natural gas pipeline capacity entered service, according to the U.S. Energy Information Administration’s (EIA) Natural Gas Pipeline Project Tracker.
What countries will fight over when green energy dominates
| March 16, 2021 | Energy
U.S. drivers are burning more gas, a trend likely to continue
| March 15, 2021 | Energy | Conventional | By The Numbers
Asia became the main export destination for growing U.S. LNG exports in 2020
| March 15, 2021 | Energy | Conventional | By The Numbers
U.S. exports of liquefied natural gas (LNG) continued to grow in 2020, averaging 6.6 billion cubic feet per day (Bcf/d) on an annual basis, according to the U.S. Energy Information Administration’s Natural Gas Monthly.
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
| March 15, 2021 | Energy | Conventional | By The Numbers
dynaCERT achieves local and global milestones and is part of hydrogen strategy coalition
| March 15, 2021 | Energy | Alternative
Exploration activity in Guyana to speed up, with record number of wells set for 2021
| March 15, 2021 | Energy | Conventional
Guyana has started the year with an exploration disappointment as a partner in the ExxonMobil-operated Canje block last week revealed that the first wildcat in the license failed to deliver. However, Rystad Energy expects exploration activity in the country to rebound with an annual record of 16 wells, including on the Stabroek block, also operated by ExxonMobil.
UAE Sheikh lays claim to oil cargo U.S. says is from Iran
| March 14, 2021 | Energy | Conventional
Fujairah-Owned Company Claims Stake in Oil Cargo Seized by U.S.
| March 12, 2021 | Energy | Conventional
Texas uses natural gas for electricity generation and home heating
| March 12, 2021 | Energy | Conventional
In February 2021, an extreme winter weather event affected energy supply and demand in Texas. The cold temperatures that increased demand for electricity and heating in Texas also disrupted energy supply, causing health and safety concerns.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| March 12, 2021 | Energy | Conventional | By The Numbers
LG to Invest $4.5 Billion to Expand Battery Capacity in U.S.
| March 11, 2021 | Energy | Alternative
Gas flaring at US oil refineries reached highest on our record, non-upstream flaring sets 18-month high
| March 11, 2021 | Energy
Natural gas flaring at US non-upstream onshore oil and gas facilities reached an 18-month high in February, at 180.9 million cubic feet per day (MMcfd), a Rystad Energy report shows, as frigid weather conditions in Texas forced oil refineries, gas plants and even LNG terminals to initiate the emergency release of gas as most facilities struggled to cope with the extreme weather. Flaring at oil refineries in particular rose to 64 MMcfd, the highest in our database, which dates back to January 2018.
Annual US coal exports drop 26% between 2019 and 2020
| March 11, 2021 | Energy
In 2020, U.S. coal exports declined to 69 million metric short tons (MMst), a 26% decrease from 93 MMst in 2019. Steam coal exports, which accounted for 40% of the total, declined by more than one-third, dropping 34% from the previous year to 27 MMst. Metallurgical coal had a smaller, but still significant, decrease of 20%. The COVID-19 pandemic slowed global demand for coal, and some U.S. coal mines were idled for extended periods to slow the spread of the virus. Coal exports decreased significantly in April 2020 as the United States and countries around the world responded to the pandemic.
Giant oil tankers are losing almost $7,000 a day amid OPEC cuts
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