Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
US gasoline exports surge even as Americans pay up at the pump
| November 08, 2021 | Energy
Jumbo Shipping wraps up transport contract for DEME Offshore for Hornsea Two offshore wind farm
| November 05, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project
Jumbo has completed the transport and handling of offshore wind turbine foundation components for Ørsted’s Hornsea Two offshore wind farm. Supporting DEME Offshore, Jumbo deployed its K-3000 class heavy lift vessel Fairmaster to carry out its scope of transporting 141 monopiles (MPs) and 131 transition pieces (TPs) from Rostock, Germany and Aalborg, Denmark to Eemshaven, the Netherlands.
Use of electricity in houses to grow more quickly in developing economies
| November 05, 2021 | Energy
In our International Energy Outlook (IEO2021) Reference case, we project that residential buildings outside the Organization for Economic Cooperation and Development (OECD) will consume more electricity than all residential and commercial buildings combined in OECD countries by 2050.
Shell restores production at Mars and Ursa in the Gulf of Mexico
| November 05, 2021 | Energy
Battery boom has Sherritt CEO betting on Cuban nickel expansion
| November 05, 2021 | Energy | Alternative | International Trade | Commodity
Airlines act as if $80 oil is heading even higher
| November 05, 2021 | Air Cargo | Airlines | Energy
Two US gas exporters are closer to easing the energy crisis
| November 05, 2021 | Energy
Two U.S. natural gas exporters said they’re moving closer to expanding supplies of the power-plant and heating fuel as a global shortage roils economies from the U.K. to China.
China retreat from diesel market has consumers seeking suppliers
| November 05, 2021 | Energy
Gas market bearish but caution is advised until new supplies materialize - Rystad Energy
| November 04, 2021 | Energy | Conventional | By The Numbers
Oil back up on expected OPEC+ conservatism - Rystad Energy
| November 04, 2021 | Energy | Conventional | By The Numbers
Low jet fuel demand and structural obstacles push West Africa’s crude output into lasting decline
| November 04, 2021 | Energy | Conventional | By The Numbers
Global oil production is slowly recovering towards pre-Covid-19 levels, but in West Africa the pandemic is set to leave lasting effects.
Added transnational oil pipeline capacity could reduce crude oil shipped by rail
| November 04, 2021 | Energy | Conventional | By The Numbers
The Enbridge Line 3 replacement pipeline, which delivers crude oil from Edmonton, Alberta, in Canada to Superior, Wisconsin, became fully operational on October 1, 2021, increasing the pipeline’s capacity to 760,000 barrels per day (b/d).
China says it won’t abandon climate goals by moving back to coal
| November 03, 2021 | Energy | Conventional | International Trade | Commodity
China is unlikely to embark on major new developments of coal-fired power even as it boosts output of the fuel to ease electricity shortages, according to a front-page commentary in a key state-run newspaper.
U.S. expresses ‘serious concerns’ over Mexico’s electricity plan
| November 03, 2021 | Energy | Conventional
Battery storage applications have shifted as more batteries are added to the U.S. grid
| November 03, 2021 | Energy | Alternative
The ability of utility-scale batteries to draw energy from the grid during certain periods and discharge it to the grid at other periods creates opportunities for electricity dispatch optimization strategies based on system or economic conditions.
Offshore wind spending is closing the gap against O&G, will exceed it in more regions by 2030
| November 03, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project | By The Numbers
Offshore wind spending is increasingly closing the gap on oil and gas (O&G) investments and is forecast to surpass them in several key markets by 2030, Rystad Energy analysis indicates.
Longi may be latest Chinese solar firm to see products blocked at U.S. border
| November 03, 2021 | Energy | Alternative
Argentina is first in South America to regain pre-Covid fuel demand
| November 02, 2021 | Energy | Conventional | By The Numbers
ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia
| November 02, 2021 | Energy | Conventional
U.S. consumption and production of natural gas decreased while exports grew in 2020
| November 02, 2021 | Energy | Conventional | By The Numbers
U.S. natural gas production and consumption decreased in 2020 because of mild winter weather and the COVID-19 pandemic's effect on demand, according to our recently released Natural Gas Annual.
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