Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Latest sign of Venezuela’s oil collapse is 84% surge in stockpiles
| October 23, 2020 | Energy | Conventional
Oil drops with Libya boosting production in coming weeks
| October 23, 2020 | Energy
Utility-scale battery storage costs decreased nearly 70% between 2015 and 2018
| October 23, 2020 | Energy
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh in 2018. Battery storage systems store electricity produced by generators or pulled directly from the electric power grid and redistribute the power later as needed. At the end of 2018, the United States had 869 megawatts (MW) of installed battery power capacity (the maximum amount of power a battery can provide at a given moment) and 1,236 megawatthours (MWh) of battery energy capacity (the total amount of energy that can be stored by a battery).
US out to seize jet entrepreneur’s $22 million Bel Air mansion
| October 23, 2020 | Air Cargo | Airlines | Energy
Oil edges up with strong factory data countering virus concern
| October 23, 2020 | Energy
North American oil and gas bankruptcy debt reached an all-time high in 2020 and is set to grow
| October 22, 2020 | Energy
The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high and is set to grow even further this year as the wave of Chapter 11 filings continues, a Rystad Energy report projects, analyzing industry data from law firm Haynes and Boone.
World Bank sees slow commodities recovery after virus hit
| October 22, 2020 | Energy
A budding recovery in West Coast flight traffic is good for oil
| October 22, 2020 | Air Cargo | Airports | Energy
Oil demand may see lasting impact from pandemic, World Bank says
| October 22, 2020 | Energy
Rystad Energy’s daily market comment from our Senior Oil Markets Analyst Paola Rodriguez-Masiu
| October 21, 2020 | Energy | Conventional | By The Numbers
Oil Climbs while U.S. lawmakers discuss a potential aid package
| October 20, 2020 | Energy | Conventional
Oil slips with renewed virus restrictions sapping demand rebound
| October 20, 2020 | Energy | Conventional | By The Numbers
EIA expects relatively high distillate inventories to decrease through the winter
| October 20, 2020 | Energy | Conventional
These initially relatively high inventories, along with lower crude oil prices, will continue putting downward pressure on distillate fuel oil prices through the 2020–21 winter season.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| October 20, 2020 | Energy | Conventional | By The Numbers
Rystad: Asia-Pacific’s renewable energy capacity set for 50% growth over five years, driven by solar
| October 20, 2020 | Energy | Alternative | By The Numbers
Installed capacity of renewable energy in the Asia-Pacific region is set for a major boost in the next five years, to 754 gigawatts (GW) in 2025 from 497 GW this year, a Rystad Energy analysis shows.
Oil edges lower as OPEC+ keeps its next moves close to chest
| October 19, 2020 | Energy | Conventional
Oil steadies as Saudis say nobody should doubt OPEC’s commitment
| October 19, 2020 | Energy | Conventional
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| October 19, 2020 | Energy | Conventional | By The Numbers
Ex-BP head sees definitions issue on emissions: BNEF Update
| October 19, 2020 | Energy | Conventional
Natural gas generators make up largest share of U.S. electricity generation capacity
| October 16, 2020 | Energy | Conventional
Based on the U.S. Energy Information Administration's (EIA) annual survey of electric generators, natural gas-fired generators accounted for 43% of operating U.S. electricity generating capacity in 2019. These natural gas-fired generators provided 39% of electricity generation in 2019, more than any other source.
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