Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
| September 07, 2022 | Energy | Alternative | Maritime | Technology
| September 07, 2022 | Energy
Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off the effects of the Covid-19 pandemic and the ensuing oil market crash, Rystad Energy research shows.
| September 07, 2022 | Energy
We forecast that members of OPEC will collectively earn $842 billion in revenues from oil exports in 2022, the most (adjusted for inflation) for the group since 2014. Based on our forecasts of both OPEC liquid fuels production and of crude oil prices in our Short-Term Energy Outlook (STEO), OPEC revenues will be nearly 50% higher in 2022 than in 2021. In 2021, OPEC’s export revenues increased by nearly 70%, after the group collectively had its lowest export revenues in 2020 since 2002. The revenue increase this year would be due to both more production and higher crude oil prices.
| September 07, 2022 | Energy | Alternative
| September 07, 2022 | Energy
Latin American countries struggle to boost output as fuel inflation sparks political turmoil
| September 06, 2022 | Energy | Ports & Terminals | Terminals
The United States began exporting liquefied natural gas (LNG) from the U.S. Lower 48 states in February 2016. As of July 2022, the United States has more LNG export capacity than any other country and has exported more LNG than any other country. U.S. LNG exports averaged 11.1 billion cubic feet per day (Bcf/d) during the first half of 2022.
| September 06, 2022 | Energy | Alternative | Maritime | Technology | Project / Heavy Lift | Maritime Project
Vestdavit has lifted the bar in boat handling systems by developing an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a pioneering green-fuelled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.
| September 06, 2022 | Energy
The European energy sector continues to be shocked by price volatility and uncertainty over energy balances for the coming winter. Power spot prices across Western Europe have climbed to unparalleled levels: daily average prices have traded above €600 ($599) per megawatt-hour (MWh) in Germany and above €700 per MWh in France, with peak-hour spikes as high as €1,500 per MWh. Now there is a risk of even higher prices during the winter months as Russia has halted all gas exports through Nord Stream 1 for an indefinite period.
| September 06, 2022 | Energy | Alternative | Maritime | Technology
Supporting the entire fuel transition
| September 06, 2022 | Energy | Maritime
| September 06, 2022 | Energy
| September 06, 2022 | Energy | Alternative
| September 06, 2022 | Energy
Short-term outlook: cessation of supplies through Nord Stream 1 reignites market fears
| September 06, 2022 | Air Cargo | Technology | Energy | Alternative
| September 06, 2022 | Energy
| September 05, 2022 | Energy | Alternative
| September 02, 2022 | Energy | Conventional | Ports & Terminals | Canal and Waterway
Power producers in Germany’s Rhine region are warning of lower output as low water levels delay deliveries of coal.
| September 02, 2022 | Energy | Conventional | International Trade
| September 01, 2022 | Energy | Conventional
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