Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
US crude oil exports increased to nearly 3 million barrels per day in 2019
| March 12, 2020 | Energy
U.S. crude oil exports averaged 2.98 million barrels per day (b/d) in 2019, up 45% (930,000 b/d) from 2018. This growth in U.S. crude oil exports was driven by increasing U.S. crude oil production, expanding domestic infrastructure, and increasing global demand for light, low-sulfur crude oils. The number of destinations for U.S. crude oil exports also increased from 41 to 44. Canada received the largest share of U.S. crude oil exports at 459,000 b/d (15%), followed by South Korea at 426,000 b/d (14%).
Jet fuel demand battered as Trump ban deepens market gloom
| March 12, 2020 | Air Cargo | Airlines | Energy
With oil this cheap, why bother going green?
| March 12, 2020 | Energy
Trump’s answer to the oil crash could be a tax on Saudi crude
| March 11, 2020 | Energy
Coal’s sell-by date just moved closer
| March 11, 2020 | Energy | International Trade
_2_-_28de80_-_243e996689f0e55d21fc38bffd0c7e13fb6baf40.jpg)
Shale tycoon seeks US dumping probe into Saudi oil flood
| March 11, 2020 | Energy | International Trade
Shale billionaire Harold Hamm intends to file a complaint with the U.S. Department of Commerce against Saudi Arabia for “illegal” dumping of crude that sent oil prices into a tailspin earlier this week.
Alberta ready to cut oil output to ensure producers’ survival
| March 11, 2020 | Energy | Intermodal | Rail
Texas oil-export hub set to slash spending after market meltdown
| March 10, 2020 | Energy | Ports & Terminals
Crude collapse to crush US petchem advantage
| March 10, 2020 | Energy
Out of service? OFS firms brace for bankruptcies as price war could slash $250 billion off E&P budgets
| March 10, 2020 | Energy
The total capital and operational expenditure of exploration and production companies (E&Ps) is now likely to be cut by $100 billion in 2020 and another $150 billion in 2021 if oil prices remain on a $30 level, a Rystad Energy impact analysis revealed – a development that will heavily impact service company revenues, driving some out of the market.
Gulf state most vulnerable to oil war seeks over $1 billion
| March 10, 2020 | Energy
America’s days as net oil exporter: Are numbered amid price rout
| March 09, 2020 | Energy
Trish Skoglund joins Crowley Fuels to lead sales and supply for Alaska
| March 09, 2020 | Energy | Conventional | People | Appointments
Trish Skoglund has been appointed vice president of sales and supply for Crowley Fuels LLC, one of Alaska’s leading petroleum transportation, distribution and sales companies serving more than 280 communities throughout the state.
A Recycling Plan to Clear Wind Turbine Blades From Graveyards
| March 09, 2020 | Energy | Alternative
Return of neutral-zone oil another supply headache for OPEC+
| March 06, 2020 | Energy
Saudi-Kuwait neutral zone oil exports to restart from April
| March 05, 2020 | Energy
Coronavirus now poised to wipe out most of 2020 oil demand growth, no OPEC cure in sight
| March 05, 2020 | Energy
The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand growth to be lost in 2020. As global stocks increase by the day, the ongoing OPEC+ meeting is unlikely to result in cuts sufficient enough to balance the market, under all of our scenarios.
Exxon taps brakes on Permian Basin after virus hammers oil
| March 05, 2020 | Energy
Deadlocked in Papua New Guinea
| March 03, 2020 | Energy | Conventional
Multibillion LNG projects set for delays as negotiations hit wall
U.S. natural gas consumption sets new record in 2019
| 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.
© Copyright 1999–2023 American Journal of Transportation. All Rights Reserved