Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Pent-up US travel demand poised to trigger 30% surge in jet-fuel use
| May 05, 2021 | Energy
US shale pre-hedge revenues are set for an all-time high in 2021 if WTI prices remain strong
| May 05, 2021 | Energy | Conventional | By The Numbers
The US shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this year and natural gas and NGL prices remain steady, producers can expect a record-high hydrocarbon revenue of $195 billion before factoring in hedges, a Rystad Energy analysis shows.
Global LNG market faces supply deficit, higher prices from decade-long impact of Mozambique delays
| May 05, 2021 | Energy | Conventional | By The Numbers
The global liquefied natural gas (LNG) market, which was set to be constantly loose in the second part of this decade, is instead set to get tighter and could even see annual supply deficits as a result of likely delays in the development of LNG projects in Mozambique due to the country’s worsening security situation, a Rystad Energy report reveals.
Big Oil could see proven reserves run out in less than 15 years as output is not replaced by discoveries
| May 05, 2021 | Energy | Conventional | By The Numbers
The proven oil and gas reserves of the group of major companies called “Big Oil” are falling at an alarming rate, as produced volumes are not being fully replaced with new discoveries.
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
| May 05, 2021 | Energy | Conventional | By The Numbers
China leads in renewable energy capacity at 895 gigawatts
| May 05, 2021 | Energy | Alternative
Loop Energy and Aliant Battery announce channel partnership
| May 04, 2021 | Energy
U.S. imports of biomass-based diesel increased 12% in 2020
| May 04, 2021 | Energy | Conventional | By The Numbers
U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 12% in 2020 to more than 31,000 barrels per day (b/d), increasing for the second consecutive year.
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
| May 04, 2021 | Energy | Conventional | By The Numbers
Ørsted completes Permian Energy Center
| May 04, 2021 | Energy | Alternative
The company's first utility-scale solar plus battery storage project of 460MWAC reaches commercial operation, making Ørsted the first developer to operate the full spectrum of new renewable technologies at utility scale in the US.
Top ten coal production companies to increase output
| May 04, 2021 | Energy | Conventional
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
| May 03, 2021 | Energy | Conventional | By The Numbers
EPA to curb production, imports of potent greenhouse gas
| May 03, 2021 | Energy | Conventional
Six Citgo executives held in Venezuela released to house arrest
| April 30, 2021 | Energy | Conventional
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen:
| April 30, 2021 | Energy | Conventional | By The Numbers
ExxonMobil earns $2.7 billion in First Quarter 2021
| April 30, 2021 | Energy | Conventional | By The Numbers
Chinese solar firm plans tours to rebut forced labor claims
| April 30, 2021 | Energy | Alternative
An expenditure splash of $810 billion is expected for the offshore wind industry this decade
| April 29, 2021 | Energy
The offshore wind industry’s global installed capacity is set to exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects, a Rystad Energy report shows. The combined capital and operational expenditure for the decade is set to add up to an eye-popping $810 billion, signaling an increasing shift of investments from oil and gas to renewable energy technologies.
Cars make a Covid comeback, and that means burning more oil
| April 29, 2021 | Energy
Asia’s no. 2 fuel guzzler eyes more exports as Covid hits demand
| April 29, 2021 | Energy
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