Energy

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

Canadian Oil Curve Indicates Relief From Glut May Be on the Way

Bloomberg | March 14, 2018 | Energy | Intermodal

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The value of U.S. energy exports to Mexico exceeded import value for third year in a row

AJOT | March 14, 2018 | Energy | International Trade

In each of the past three years, the value of U.S. energy exports to Mexico has exceeded the value of U.S. energy imports from Mexico. Energy trade between Mexico and the United States has historically been driven by Mexico’s sales of crude oil to the United States and by U.S. exports of refined petroleum products to Mexico. As the United States has reduced crude oil imports from Mexico, the trade balance has shifted.

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Venezuela’s crude oil production declines amid economic instability

AJOT | March 13, 2018 | Energy

Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases over the past two years. Crude oil production in Venezuela decreased from 2.3 million barrels per day (b/d) in January 2016 to 1.6 million b/d in January 2018.

Natural Gas Exporters Want Oil-Linked Pricing to Maintain Supply

Bloomberg | March 13, 2018 | Energy | International Trade

OOG Shipment for an off-shore Oil Industry in Northern Norway

AJOT | March 12, 2018 | Energy | Project / Heavy Lift

U.S. Oil Export Surge Means OPEC’s Output Cuts May Be Doomed

Bloomberg | March 12, 2018 | Energy | International Trade

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Investment in tight oil, oil sands, and deepwater drives long-term oil production growth

AJOT | March 09, 2018 | Energy

Upstream investment in crude oil and liquids production is highly sensitive to crude oil prices, particularly production of higher-cost resources from tight rock formations, oil sands, and offshore deepwater.

Shell Says Oil Is Here to Stay as Cleaner Power Lacks Sizzle

Bloomberg | March 09, 2018 | Energy | Alternative

As Coal Use Wanes, U.S. Miners Depend on Foreign Buyers, Steel

Bloomberg | March 07, 2018 | Energy | International Trade

20|20 Marine Energy and BunkerMetric sign agreement to launch predictive analysis technology for 2020 compliance

AJOT | March 07, 2018 | Energy | Maritime

Greenway Technologies Inc. marks milestone, completes first commercial G-Reformer

AJOT | March 07, 2018 | Energy

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New partnership creates one-stop-shop for oil spill response

AJOT | March 07, 2018 | Energy | Maritime

Norwegian suppliers Framo, Maritime Partner, Norbit Aptomar, and NorLense have come together to create the OSRV (Oil Spill Recovery Vessel) Group to offer a complete oil spill response solution.

Oil Dips on Inventory Concern and as Trump Spurs Trade War Risk

Bloomberg | March 07, 2018 | Energy

Planes, Trains and Trucks: Global Trade Boom Fires Up Oil Demand

Bloomberg | March 07, 2018 | Energy | International Trade

ExxonMobil and Synthetic Genomics Algae Biofuels Program Targets 10,000 Barrels Per Day by 2025

AJOT | March 06, 2018 | Energy

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Middle East countries plan to add nuclear to their generation mix

AJOT | March 05, 2018 | Energy | International Trade

Nuclear electricity generation capacity in the Middle East is expected to increase from 3.6 gigawatts (GW) in 2018 to 14.1 GW by 2028 because of new construction starts and recent agreements between Middle East countries and nuclear vendors. The United Arab Emirates (UAE) will lead near-term growth by installing 5.4 GW of nuclear capacity by 2020.