Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


Restarting US pipeline hit by cyberattack may not be easy
Energy
Bloomberg | Top Story | May 08, 2021

Restarting US pipeline hit by cyberattack may not be easy

The unprecedented shutdown of one of the largest U.S. pipelines after it was crippled by a cyberattack has triggered warnings of major disruption to fuel supplies and concern that its restart will be neither quick nor straightforward.
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Seafarer crisis shows signs of worsening amid India virus surge

Bloomberg | May 07, 2021 | Energy | Logistics | Maritime

Hundreds of thousands of seafarers risk being stuck at sea beyond the expiry of their contracts because of India’s surging coronavirus outbreak, according to one of the world’s largest independent crude ship owners.

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Energy production in the US fell by more than 5% in 2020

AJOT | May 06, 2021 | Energy

In 2020, energy production in the United States fell to just below 96 quadrillion British thermal units (quads), down more than 5% from 2019’s record high, according to our Monthly Energy Review. In absolute terms, the drop from 101.3 quads in 2019 to 95.8 quads in 2020 marked the largest annual decrease in U.S. energy production on record. Economic responses to the COVID-19 pandemic that began during the spring of 2020 drove most of this decrease.

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US shale pre-hedge revenues are set for an all-time high in 2021 if WTI prices remain strong

AJOT | May 05, 2021 | Energy | Conventional | By The Numbers

The US shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this year and natural gas and NGL prices remain steady, producers can expect a record-high hydrocarbon revenue of $195 billion before factoring in hedges, a Rystad Energy analysis shows.

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Global LNG market faces supply deficit, higher prices from decade-long impact of Mozambique delays

AJOT | May 05, 2021 | Energy | Conventional | By The Numbers

The global liquefied natural gas (LNG) market, which was set to be constantly loose in the second part of this decade, is instead set to get tighter and could even see annual supply deficits as a result of likely delays in the development of LNG projects in Mozambique due to the country’s worsening security situation, a Rystad Energy report reveals.

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Big Oil could see proven reserves run out in less than 15 years as output is not replaced by discoveries

AJOT | May 05, 2021 | Energy | Conventional | By The Numbers

The proven oil and gas reserves of the group of major companies called “Big Oil” are falling at an alarming rate, as produced volumes are not being fully replaced with new discoveries.

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

AJOT | May 05, 2021 | Energy | Conventional | By The Numbers

China leads in renewable energy capacity at 895 gigawatts

AJOT | May 05, 2021 | Energy | Alternative

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U.S. imports of biomass-based diesel increased 12% in 2020

AJOT | May 04, 2021 | Energy | Conventional | By The Numbers

U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 12% in 2020 to more than 31,000 barrels per day (b/d), increasing for the second consecutive year.

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

AJOT | May 04, 2021 | Energy | Conventional | By The Numbers

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Ørsted completes Permian Energy Center

AJOT | May 04, 2021 | Energy | Alternative

The company's first utility-scale solar plus battery storage project of 460MWAC reaches commercial operation, making Ørsted the first developer to operate the full spectrum of new renewable technologies at utility scale in the US.

Top ten coal production companies to increase output

AJOT | May 04, 2021 | Energy | Conventional

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

AJOT | May 03, 2021 | Energy | Conventional | By The Numbers

EPA to curb production, imports of potent greenhouse gas

Bloomberg | May 03, 2021 | Energy | Conventional

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