Energy

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

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EIA expects US energy-related carbon dioxide emissions to fall 11% in 2020

AJOT | December 09, 2020 | Energy

In 2020, carbon dioxide (CO2) emissions from the U.S. energy sector could be 11% lower than in 2019, according to U.S. Energy Information Administration (EIA) data through August and EIA estimates for September through December. According to values published in EIA’s December Short-Term Energy Outlook (STEO), EIA expects CO2 emissions in 2020 to fall by 19% for coal, by 13% for petroleum, and by 2% for natural gas. Many of this year’s changes in energy-related CO2 emissions are attributable to the economic and behavioral effects the COVID-19 pandemic has had on energy consumption.

Oil stalls with market awaiting stimulus, vaccine developments

Bloomberg | December 08, 2020 | Energy

Oil edges lower with virus risks hampering demand outlook

Bloomberg | December 08, 2020 | Energy

Kinder Morgan announces 2021 financial expectations

AJOT | December 08, 2020 | Energy

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Asia’s historic trade pact to open oil-supply route to China

Bloomberg | December 08, 2020 | Energy | International Trade

South Korea and Japan look set to be the biggest winners in the Asian oil and chemicals marketplace as the world’s largest regional free-trade agreement paves the way for a gradual reduction in tariffs.

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Offshore helicopter traffic plunged by 15% due to the pandemic

AJOT | December 07, 2020 | Energy

Global demand for helicopter transport to offshore facilities plunged in 2020 as a result of the Covid-19 pandemic, a Rystad Energy report shows. Helicopter traffic was affected as non-critical maintenance crews were moved to shore and other non-essential operations at offshore facilities were preventatively deferred to reduce the risk of contamination and conserve cash.

Oil analysts see battle for Asian market ahead of peak demand

Bloomberg | December 07, 2020 | Energy

Biggest Iranian flotilla yet en route to Venezuela with fuel

Bloomberg | December 06, 2020 | Energy

North Sea crude market gets a jolt from Asian oil demand

Bloomberg | December 06, 2020 | Energy | Logistics

Iraq to honor OPEC oil-cut decisions as monthly exports rise

Bloomberg | December 06, 2020 | Energy

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

AJOT | December 04, 2020 | Energy | Conventional | By The Numbers

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Oilfield service purchases set to lose $340 billion until 2028 as peak oil is closer than ever

AJOT | December 03, 2020 | Energy

The oilfield service (OFS) market is projected to lose a cumulative $340 billion in purchases value over the next eight years, a Rystad Energy analysis shows, as peak oil demand will arrive earlier and at a lower level than previously thought, leading to reduced E&P investments.

Bloomberg | Top Story | December 01, 2020

Dirty fuel demand jumps with more pollution kits on ships

An increase in vessels being fitted with pollution-reducing kits and unusually strong demand for container shipping is providing a boost to the dirtiest marine fuel.