By the Numbers

US light oil production guided to grow by 8.1% in 2020, despite lower capex
US light oil production guided to grow by 8.1% in 2020, despite lower capex

AJOT | March 09, 2020 | By The Numbers

Light oil production in the United States is guided to grow by 8.1% year-on-year, according to Rystad Energy’s analysis of the latest shale E&P guidance, despite an expected decrease in capital expenditure, which is estimated to drop by 11% compared to 2019.

U.S. natural gas consumption sets new record in 2019
U.S. natural gas consumption sets new record in 2019

AJOT | March 03, 2020 | Energy | Conventional | By The Numbers

U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according to the U.S. Energy Information Administration’s (EIA) recently released Natural Gas Monthly. New natural gas-fired electric capacity and lower natural gas prices led the increase in domestic natural gas consumption.

U.S. crude oil production grew 11% in 2019, surpassing 12 million barrels per day
U.S. crude oil production grew 11% in 2019, surpassing 12 million barrels per day

AJOT | March 02, 2020 | Energy | Conventional | By The Numbers

Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.

US BTA North American Freight Data, Annual 2019
US BTA North American Freight Data, Annual 2019

AJOT | March 02, 2020 | International Trade | By The Numbers

This release provides an annual summary of North American Transborder freight by mode. In the previous release, BTS reported that trucks were the most heavily utilized mode in 2018 for moving goods to and from both Canada and Mexico, carrying 63% of the freight transported. Trucks accounted for $772 billion of the $1.2 trillion in freight flows with Canada and Mexico in 2018. Rail accounted for $179 billion, almost 15%. Previous release Database

WCD: only the prelude to an extraordinary Q1 2020

AJOT | March 02, 2020 | Air Cargo | General | By The Numbers

At the time of writing, it had become very clear that the first quarter of 2020 (and quite possibly the months beyond) will turn out to be an extraordinary period for the world and for world trade, and thus for air cargo.

Rystad Energy: Coronavirus to delay most of 2020’s FPSO deliveries and postpone $30 billion of E&P investments
Rystad Energy: Coronavirus to delay most of 2020’s FPSO deliveries and postpone $30 billion of E&P investments

AJOT | February 28, 2020 | Energy | By The Numbers

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore.

Descartes acquires Peoplevox

AJOT | February 24, 2020 | Logistics | By The Numbers

Descartes Systems Group announced that it has acquired Peoplevox, a leading provider of cloud-based ecommerce warehouse management solutions

EIA revises global liquid fuels demand growth down because of the coronavirus
EIA revises global liquid fuels demand growth down because of the coronavirus

AJOT | February 19, 2020 | Energy | Conventional | By The Numbers

In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was forecast in the January 2020 edition of the STEO.

ATA Truck Tonnage Index Rose 0.1% in January
ATA Truck Tonnage Index Rose 0.1% in January

AJOT | February 18, 2020 | Intermodal | Trucking | By The Numbers

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.1% in January after rising 0.5% in December. In January, the index equaled 117.4 (2015=100) compared with 117.3 in December.

[Freightos:Coronavirus uncertainty continues as recovery is slow
[Freightos:Coronavirus uncertainty continues as recovery is slow

AJOT | February 18, 2020 | Maritime | Liner Shipping | By The Numbers

The effects of the coronavirus outbreak continued to reverberate across the global supply chain this week, as China took its first but slow steps back to work and uncertainty persists throughout the industry.

Guyana-Suriname Basin poised for upgrade while oil firms prep to splurge billions on Stabroek
Guyana-Suriname Basin poised for upgrade while oil firms prep to splurge billions on Stabroek

AJOT | February 14, 2020 | Energy | Conventional | By The Numbers

Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more than $53 billion in Guyana’s coveted Stabroek Block during the coming decade, Rystad Energy research shows.

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years
Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

AJOT | February 14, 2020 | Energy | Conventional | By The Numbers

This winter, natural gas prices have been at their lowest levels in decades. On Monday, February 10, the near-month natural gas futures price at the New York Mercantile Exchange (NYMEX) closed at $1.77 per million British thermal units (MMBtu).

FTR Trucking Conditions Index Takes Bump Up in December

AJOT | February 14, 2020 | Intermodal | Trucking | By The Numbers

FTR’s Trucking Conditions Index (TCI) rose to 3.02 in December on improved freight demand and spot rates. The December reading is the highest since January 2019 and the first positive reading since 0.28 in July. FTR expects the TCI to return to readings closer to neutral conditions before improving modestly in the second half of 2020.

Coronavirus causes China Crude disruption
Coronavirus causes China Crude disruption

AJOT | February 14, 2020 | Maritime | By The Numbers

Using satellite tracking technology, VesselsValue has compared China's real time demand for seaborne crude oil from the Middle East in recent weeks against the same period last year.

Virginia loaded exports begin slight rebound with trade agreement
Virginia loaded exports begin slight rebound with trade agreement

AJOT | February 10, 2020 | Ports & Terminals | Ports | By The Numbers

The Port of Virginia’s loaded export cargo volumes grew nearly 2 percent as agricultural products are beginning to flow again to China as a result of the lifting of the trade tariffs in mid-January.

The Port of Barcelona closed FY 2019 with turnover of € 172 million
The Port of Barcelona closed FY 2019 with turnover of € 172 million

AJOT | February 10, 2020 | Ports & Terminals | Ports | By The Numbers

The € 97 million in cash flow enables Port of Barcelona to successfully meet its future challenges and investment needs

Most of world’s top 30 high-impact wells for 2020 seen in Africa and the Americas

AJOT | February 05, 2020 | Energy | By The Numbers

Although 2019 was a disappointing year in terms of high-impact well (HIW) drilling in the oil and gas sector, comparatively stable market conditions are favoring new exploration activity in 2020 for areas that combine high risk and high rewards.

New gas find set to boost UAE energy sufficiency but imports still needed
New gas find set to boost UAE energy sufficiency but imports still needed

AJOT | February 05, 2020 | Energy | By The Numbers

A new gas discovery in the United Arab Emirates (UAE), which local officials estimate to be holding about 80 trillion cubic feet of gas, will boost the country’s supplies, but more discoveries are needed to reach a goal of becoming net gas exporter by 2030, a Rystad Energy analysis shows.

Sawlog prices fell in 2019
Sawlog prices fell in 2019

AJOT | February 05, 2020 | International Trade | By The Numbers

Sawlog prices fell throughout the world in 2019 with European prices declining the most, resulting in a more competitive sawmilling sector in Central and Northern Europe, reports the WRQ

Coal-fired electricity generation in New England and New York has diminished
Coal-fired electricity generation in New England and New York has diminished

AJOT | February 04, 2020 | Energy | By The Numbers

As many of the coal-fired power plants in New England and New York have either retired or switched fuels, the regions’ coal-fired electricity generation and coal consumption have fallen to near minimal levels.

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