Energy

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

US warns Hong Kong to avoid tanker in breach of Iran sanctions

Bloomberg | May 28, 2019 | Energy

US gasoline prices this Memorial Day weekend are nearly the same as last year’s

AJOT | May 24, 2019 | Energy

Heading into the 2019 Memorial Day weekend, regular gasoline prices averaged $2.85 per gallon (gal) nationally on May 20, slightly lower than last year’s price of $2.92/gal before the holiday weekend.

Frac sand market still growing, but prices likely to stay flat

AJOT | May 24, 2019 | Energy

Demand for sand to be used by the oil and gas industry in hydraulic fracturing operations in the US is set to grow by 10% in 2019 and 17% in 2020. Frac sand supply, on the other hand, is forecast to increase by 10% in 2019 and then decrease by 2% in 2020 as more Northern White Sand will come off the market. The Eagle Ford Basin in South Texas could play a pivotal role for sand price developments going forward, according to Rystad Energy. Contracted prices of high-quality Northern White Sand will likely fluctuate between $20 and $25 per ton at the minegate in the medium to long-term, according to Rystad Energy’s latest Proppant Market Report.

Oil prices choppy as trade fears offset supply risks

Bloomberg | May 24, 2019 | Energy | International Trade

Trump sparks oil rally with Iran spat, then rout with trade war

Bloomberg | May 24, 2019 | Energy | International Trade

California gasoline prices increase following refinery outages and declining inventories

AJOT | May 23, 2019 | Energy

In early May, the California retail gasoline price averaged $4.01 per gallon (gal), surpassing the $4/gal mark for the first time since 2014. By comparison, the U.S. retail gasoline price averaged $2.90/gal. Much of the recent increase in California’s gasoline prices is attributable to refinery outages—both planned and unplanned—and falling gasoline inventories in the region.

FuelCell Energy is the Keystone Of 21st Century Industrialization

AJOT | May 22, 2019 | Energy

KBR Awarded BED and FEED for Sonatrach/ Cepsa JV project in Algeria

AJOT | May 22, 2019 | Energy

UPS Makes Largest Purchase Of Renewable Natural Gas Ever In The U.S.

AJOT | May 22, 2019 | Energy | Logistics | Integrators

Con Edison limits natural gas service due to pipeline constraints into New York City area

AJOT | May 22, 2019 | Energy | By The Numbers

In January 2019, Consolidated Edison, Inc., (Con Edison)—the largest utility provider in the New York City area, serving 10 million customers—announced a moratorium on new natural gas connections in most of Westchester County, effective March 16.

Offshore field sanctioning nears peak

AJOT | May 22, 2019 | Energy | By The Numbers

The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.

Oil Falls as Deepening Trade War Stokes Fear Over Global Growth

Bloomberg | May 22, 2019 | Energy

US shale on track to 16% oil growth in 2019

AJOT | May 21, 2019 | Energy | By The Numbers

US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million barrels per day (bpd), or 16% for the full year, according to Rystad Energy.

Energy

Trending News

Upcoming Events

Latest Print Edition: