Energy

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


Libya to restart oil exports at a third port as war abates

Bloomberg | September 23, 2020 | Energy

Venezuela and Iran buck U.S. sanctions again to export crude

Bloomberg | September 22, 2020 | Energy | Conventional

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Rystad: Energy transition could push oil majors to sell or swap oil and gas assets of more than $100 billion

AJOT | 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.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | September 22, 2020 | Energy | Conventional | By The Numbers

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Global oil & gas project sanctioning is set to recover and exceed pre-Covid-19 levels from 2022

AJOT | 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.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | September 21, 2020 | Energy | Conventional | By The Numbers

Oil set for weekly gain despite potential for libyan exports

Bloomberg | September 18, 2020 | Energy | Conventional

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | September 18, 2020 | Energy | Conventional | By The Numbers

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Why costlier 14 MW turbines actually reduce the large-scale farm bill

AJOT | 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.

China mulls stronger clean energy goals for next five years

Bloomberg | September 17, 2020 | Energy | Alternative | International Trade

Pemex sees plunge in oil exports to supply AMLO’s refinery

Bloomberg | September 17, 2020 | Energy | Conventional

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EIA survey of energy use by US manufacturers shows increased use of natural gas, HGLs

AJOT | 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.

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Crowley completes challenging over-the-shore fuel delivery to US military in the Arctic

AJOT | 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.

Swollen diesel stockpiles threaten oil price recovery

Bloomberg | September 16, 2020 | Energy

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Rystad Energy report on how hurricanes have affected oil production

AJOT | 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.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | September 14, 2020 | Energy | Conventional | By The Numbers

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