Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
| September 23, 2020 | Energy
| September 23, 2020 | Energy
| September 22, 2020 | Energy | Conventional
| September 22, 2020 | Energy | Conventional | By The Numbers
The global energy market is on the brink of a major transition to cleaner sources of energy. To adjust and transform, the world’s largest oil and gas firms are revising their long-term oil price and demand outlook, and need to streamline their portfolios significantly to improve cash flow, cost efficiency and competitiveness. As a result, several billions of dollars in assets are about to change hands.
| September 22, 2020 | Energy | Conventional | By The Numbers
| September 21, 2020 | Energy | Conventional | By The Numbers
The Covid-19 pandemic has devastated global oil and gas project sanctioning this year and will cause total committed spending to drop to around $53 billion from 2019’s $190 billion, Rystad Energy projects. Postponed plans will, however, cause the total worth of final investment decisions (FIDs) to double next year and exceed pre-pandemic levels already from 2022.
| September 21, 2020 | Energy | Conventional | By The Numbers
| September 18, 2020 | Energy | Conventional
| September 18, 2020 | Energy | Conventional | By The Numbers
| September 18, 2020 | Energy | Alternative
Siemens Gamesa’s massive 14-megawatt (MW) wind turbine is set to become commercially available from the mid-2020s, furthering the industry’s push for larger and more efficient facilities.
| September 17, 2020 | Energy | Alternative | International Trade
| September 17, 2020 | Energy | Conventional
| September 17, 2020 | Energy
Preliminary results from the U.S. Energy Information Administration’s (EIA) 2018 Manufacturing Energy Consumption Survey (MECS) show that the consumption of energy by manufacturers in the United States has continued to increase since its 2010 low. Natural gas and hydrocarbon gas liquids (HGLs) led the increase, together accounting for more than half of the sector’s energy consumption in 2018. The U.S. manufacturing sector’s consumption of electricity has also increased slightly since 2010, but consumption of naphtha and fuel oils, coal, coke, and breeze has declined.
| September 17, 2020 | Energy
| September 17, 2020 | Energy
| September 16, 2020 | Energy | Maritime | Bulk
Crowley successfully lightered and delivered nearly four million gallons of military specification fuel to Eareckson Air Station on the Aleutian Island of Shemya in Alaska, overcoming challenges that included Mother Nature’s destruction of the island’s shoreside dock, remote location and challenging weather and sea conditions.
| September 16, 2020 | Energy
| September 15, 2020 | Energy
Hurricane Sally is making its way through the Gulf of Mexico just a week after operators redeployed most of the personnel evacuated due to hurricanes Laura and Marco.
| September 15, 2020 | Energy
| September 14, 2020 | Energy | Conventional | By The Numbers
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