Energy

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

Learning From OPEC: Alberta’s Oil Supply Cuts Find a Sweet Spot

Bloomberg | June 10, 2019 | Energy

Trump’s Plan for Finding Oil in Alaska May Put Polar Bears at Risk

Bloomberg | June 10, 2019 | Energy

U.K. Oil to Retain Korea Tariff Waiver Even With No-Deal Brexit

Bloomberg | June 10, 2019 | Energy

Four states account for more than half of U.S. wind electricity generation

AJOT | June 07, 2019 | Energy | Alternative

In the United States, producers generated 275 million megawatthours (MWh) of electricity from wind power in 2018. Of that, more than half came from just four states: Texas, Oklahoma, Iowa, and Kansas.

Oil Extends Rebound on Signs U.S. Trying to Contain Trade Fire

Bloomberg | June 07, 2019 | Energy | International Trade

US oil output poised to set yet another record in 2019

AJOT | June 06, 2019 | Energy

US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year.

Trump Mexico tariff threat won’t slow Koch’s US fuel imports

Bloomberg | June 06, 2019 | Energy | International Trade

Oil drops as US stockpiles rise while trade war hurts demand

Bloomberg | June 05, 2019 | Energy

Lube-Tech selects SkyBitz SMARTank Monitoring solutions

AJOT | June 04, 2019 | Energy

Sovcomflot’s tanker Gagarin Prospect receives Next Generation Ship Award 2019 at Nor-Shipping

AJOT | June 04, 2019 | Energy

Permian natural gas flaring and venting reaching all-time high

AJOT | June 04, 2019 | Energy

Flaring and venting of natural gas in the Permian Basin in Texas and New Mexico reached a new all-time high in the first quarter of 2019, averaging as much as 661 million cubic feet per day (MMcfd), according to research conducted by Rystad Energy. This widespread waste of a valuable commodity is the result of persistent infrastructure challenges, a lack of sufficient takeaway capacity and an unexpected outage on a key pipeline in the area.

Saudi Arabia used less crude oil for power generation in 2018

AJOT | June 03, 2019 | Energy | By The Numbers

In 2018, Saudi Arabia reported burning an average of 0.4 million barrels per day (b/d) of crude oil for power generation, the lowest amount since at least 2009, the earliest year that data are available from the Joint Organizations Data Initiative (JODI).

Mexico to Kick Off Refinery Project as AMLO Rallies Nation

Bloomberg | June 02, 2019 | Energy | International Trade

Brazil plans to add more solar to its hydro-dominated electricity generation mix

AJOT | May 31, 2019 | Energy | By The Numbers

Brazil is the second-largest producer of hydroelectric power in the world, after only China, and hydropower accounted for more than 70% of the country’s electricity generation in 2018. Brazil’s latest 10-year energy plan seeks to maintain this level of hydro generation while increasing the share of nonhydro renewables, particularly solar.

EIA’s new liquids pipeline projects database shows new US crude oil pipeline capacity

AJOT | May 30, 2019 | Energy

EIA recently launched a new liquids pipeline projects database that tracks more than 200 crude oil, hydrocarbon gas liquids (HGL), and petroleum products pipeline projects. Rising domestic crude oil production has led to several changes in Gulf Coast crude oil supply and demand patterns, creating a need for more pipeline capacity. Crude oil pipeline capacity additions originating in the Gulf Coast region represent most of the scheduled pipeline capacity growth over the next few years. EIA’s new database provides an improved capability to track this growth.

Tremendous overspend by US shale firms persists

AJOT | May 29, 2019 | Energy

Nine in ten US shale oil companies are burning cash, according to Rystad Energy. Rystad Energy – the independent energy research and consultancy in Norway with offices across the globe – has studied the financial performance of 40 dedicated US shale oil companies, focusing on cash flow from operating activities (CFO).

Jan De Nul Group orders third wind turbine installation vessel

AJOT | May 29, 2019 | Energy

Jan De Nul Group has recently placed an order for its third Offshore Jack-Up Installation Vessel with COSCO Shipping Heavy Industry in China.

Oil slumps below $58 as US-China trade hostilities escalate

Bloomberg | May 29, 2019 | Energy | International Trade

Canada is a key energy trade partner to the United States

AJOT | May 28, 2019 | Energy

Canada is the largest energy trading partner with the United States based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over the last decade, the overall energy trade balance has changed relatively little, with U.S. energy imports from Canada consistently exceeding U.S. energy exports to Canada by a large margin.

KR grants design approval to DSME’s SOLIDUS

AJOT | May 28, 2019 | Energy

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