Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Oil refiners reel from Saudi pledged cuts even as demand eases
| January 06, 2021 | Energy
OPEC core’s exports edged higher before talks on output targets
| January 05, 2021 | Energy
Gulf thaw may boost Qatar’s non-oil economy, Fitch says
| January 05, 2021 | Energy | International Trade
Iran seizes ship, ramps up enrichment as Gulf tensions mount
| January 04, 2021 | Energy
EIA releases new US energy atlas with updated maps and enhanced navigation
| January 04, 2021 | Energy
Today, the U.S. Energy Information Administration (EIA) released the U.S. Energy Atlas, a new interface for web map applications and a comprehensive open data catalogue. The U.S. Energy Atlas shows detailed energy infrastructure in redesigned maps with enhanced navigation and data accessibility features. With the U.S. Energy Atlas, users can now combine EIA’s data with information from other sources to customize their own geospatial analysis.
Kinder Morgan announces commercial in-service of Permian Highway pipeline
| January 04, 2021 | Energy
China oil majors may be US target after telcos delisting
| January 04, 2021 | Energy
Gazprom’s 2020 gas exports outside former USSR 10% lower
| January 02, 2021 | Energy
Oil tanker near Iraq finds mine on hull as gulf risks mount
| January 01, 2021 | Energy
Venezuelan oil exports crater as OPEC+ set to unleash more crude
| December 31, 2020 | Energy
Signal look back at 2020: The headwinds, tailwinds and everything in between
| December 29, 2020 | Energy | Maritime
Enterprise and Navigator begin service on Houston Ship Channel ethylene storage tank
| December 29, 2020 | Energy
Jumbo installs Karish FPSO mooring system while breaking its deep-water record in the process
| December 28, 2020 | Energy | Project / Heavy Lift | Maritime Project
On behalf of TechnipFMC, Jumbo Offshore successfully completed the first phase of work on Energean’s Karish gas field offshore Israel in October. Jumbo’s scope of work included transport and installation of 14 suction piles (part of a 14-point FPSO mooring system), a tie-in manifold and a 24 inch deepwater gas sales spool. Jumbo installed the components at a depth of 1,760 metres, breaking its own deep-water installation record. Jumbo’s work is scheduled to recommence in 2021, with the hook-up and installation of the Energean Power FPSO, the first FPSO ever to operate in the East Mediterranean
Qatar November exports rise from prior month; Energy sales lower
| December 28, 2020 | Energy | International Trade
Iran cuts gas flows to Iraq, threatens further reductions
| December 27, 2020 | Energy | International Trade
Freight boom fires Buffett trains, Maersk ships and oil prices
| December 24, 2020 | Energy | Intermodal | Rail | Maritime | Liner Shipping
A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand.
Not even Christmas can save a battered market for US jet fuel
| December 24, 2020 | Air Cargo | Airlines | Energy
Bump in holiday air travel won’t bring cheer to the oil market
| December 23, 2020 | Air Cargo | Airlines | Energy
NJ Governor Murphy announces $250 million total investment in state-of-the-art manufacturing facility to build wind turbine components
| December 23, 2020 | Energy | Ports & Terminals
Governor Phil Murphy, alongside EEW, Ørsted, legislators, and members of the building trades, today announced a $250 million investment in a state-of-the-art manufacturing facility to build steel components, known as monopiles, for offshore wind turbines that will serve the entire United States offshore wind industry. The facility, which will be located at the Paulsboro Marine Terminal in Gloucester County, is the largest industrial offshore wind investment in the United States to date and will create more than 500 high-paying jobs at full build out. Construction on the facility will break ground in January 2021, with production beginning in 2023.
As 2021 will bring the largest crude deficits in years, a window of opportunity opens for producers
| December 23, 2020 | Energy
The Covid-19 pandemic has devasted crude and condensate demand in 2021, creating massive supply surpluses and filling up inventories, causing producers to slash their output in order to keep prices at somewhat profitable levels. Rystad Energy’s latest balances, however, show that 2021 could offer producers a window of opportunity, as monthly supply deficits may reach their highest level in years.
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