Energy

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


Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

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

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | March 02, 2021 | Energy | Conventional | By The Numbers

Oil industry’s chief trade group mulls embrace of carbon pricing

Bloomberg | March 01, 2021 | Energy | Conventional

Venezuela oil exports drop after U.S. sanctions on key traders

Bloomberg | March 01, 2021 | Energy | Conventional

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Energy transition risk quantified: Long-term oil price risk worth $10 per barrel, E&P upstream portfolios value could dip 30-40%

AJOT | March 01, 2021 | Energy | Conventional | By The Numbers

The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition, adding to growing social and regulatory demands for greener energy solutions.

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Cold weather led to refinery shutdowns in U.S. Gulf Coast region

AJOT | March 01, 2021 | Energy | Conventional | By The Numbers

The cold snap that affected much of the central part of the country in mid-February disrupted energy systems, particularly in and around Texas. In the U.S. Gulf Coast, where the petroleum infrastructure has rarely operated in sub-zero temperatures, several refineries fully or partially shut down, leading to the largest reduction in Gulf Coast refinery operations in several years.

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

AJOT | March 01, 2021 | Energy | Conventional | By The Numbers

U.S. freeze hammers Europe’s bottom-of-the-barrel oil exports

Bloomberg | February 28, 2021 | Energy | Conventional

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Cold weather results in near-record withdrawals from underground natural gas storage

AJOT | February 26, 2021 | Energy | Conventional

Significant demand for natural gas in mid-February led to the second-largest reported withdrawal of natural gas from storage in the United States, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR).

Power outages main cause of oil, gas shut-ins

Bloomberg | February 26, 2021 | Energy | Conventional

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Texas natural gas production fell by almost half during recent cold snap

AJOT | February 25, 2021 | Energy

During the cold snap that affected much of the central part of the country, U.S. dry natural gas production fell to as low as 69.7 billion cubic feet per day (Bcf/d) on February 17, a decline of 21%, or down nearly 18.9 Bcf/d from the week ending February 13. Natural gas production in Texas fell almost 45% from 21.3 Bcf/d during the week ending February 13 to a daily low of 11.8 Bcf/d on Wednesday, February 17, according to estimates from IHS Markit. Temperatures in Texas averaged nearly 30 degrees Fahrenheit lower than normal during the week of February 14.

Oil tanker that was a symbol of US-Iran tension slips quietly away

Bloomberg | February 25, 2021 | Energy | Logistics

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AS Kohimo places an order for PEMA Tank production line

AJOT | February 24, 2021 | Energy

Estonian-based AS Kohimo has placed an order for PEMA Tank production line, consisting of PEMA TW5000-25 Assembly & Welding station with integrated PEMA 4×4 MD Column & Boom. The company, specialized in manufacturing various steel structures, is looking to gain better quality, higher efficiency, and shortened delivery times by investing in new welding automation.

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Ethanol and biomass-based diesel RIN prices approaching all-time highs

AJOT | February 24, 2021 | Energy

The prices of renewable identification number (RIN) credits—the compliance mechanisms used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)—have been steadily rising in recent months and are approaching their highest nominal levels in the history of the program.

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