Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Libyan oil-export woes deepen as weather takes out more ports
| January 10, 2022 | Energy
Air France-KLM raises fares to fund shift to sustainable fuels
| January 10, 2022 | Air Cargo | Airlines | Energy | Alternative
Canada’s oil sands exports to Asia reach record with new link
| January 10, 2022 | Energy
Canadian exports of crude from the U.S. hit a record last month
| January 07, 2022 | Energy | Conventional
Wholesale electricity prices trended higher in 2021 due to increasing natural gas prices
| January 07, 2022 | Energy | Conventional | By The Numbers
Average wholesale prices for electricity at major trading hubs in the United States were higher in 2021 than in 2020 as increasing costs for power generation fuels, especially natural gas, pushed electricity prices higher in the second half of 2021
Europe’s industry cuts gas use by the most since the early pandemic days
| January 07, 2022 | Energy | Conventional
US natural gas prices spiked in February 2021, then generally increased through October
| January 06, 2022 | Energy
The wholesale spot price for natural gas at the Henry Hub in Louisiana (the U.S. benchmark for natural gas prices) averaged $3.89 per million British thermal units (MMBtu) in 2021, almost doubling from the 2020 average, according to data from Refinitiv.
Bracing for a flood, US shale set to treat less produced water despite earthquake boom
| January 06, 2022 | Energy
Dealing with the US shale industry’s produced water is increasingly controversial for operators, a new Rystad Energy report reveals. Even though total produced volumes are projected to hit new record highs in the coming years, treated water is expected to be comparatively lower than in the past, despite water disposal practices increasing oilfield seismic activity, with earthquakes nearly doubling in West Texas alone in 2021.
Turkey’s state gas importer races for funding as prices surge
| January 06, 2022 | Energy
World’s biggest oil hedge could shrink if Mexico curbs exports
| January 06, 2022 | Energy
AET takes delivery of first of three DP2 shuttle tankers series for Shell charter
| January 05, 2022 | Energy
Retail gasoline prices rose across the United States in 2021 as driving increased
| January 05, 2022 | Energy
Rising crude oil prices and increased gasoline demand contributed to the average U.S. retail price for regular grade gasoline increasing to $3.01 per gallon (gal) in 2021, the highest average nominal price since 2014. The average price for retail gasoline increased by more than $1.00/gal between the start and the end of 2021.
ExxonMobil makes two discoveries offshore Guyana
| January 05, 2022 | Energy
Adani wins key coal tender as India acts to avoid energy crisis
| January 05, 2022 | Energy
US LNG exports top rivals for first time on shale revolution
| January 04, 2022 | Energy
The U.S. was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe.
Crude oil prices increased in 2021 as global crude oil demand outpaced supply
| January 04, 2022 | Energy
Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply. The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in late October before declining in the final weeks of the year.
OPEC+ agrees to revive more output as market looks tighter
| January 04, 2022 | Energy
China halves fuel export quota in year’s first batch allocations
| January 04, 2022 | Energy
Coal prices forecast to surge again if Indonesia halts exports
| January 03, 2022 | Energy
Venezuela doubles crude oil exports defying US sanctions
| January 03, 2022 | Energy
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