Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Flow of Unwanted Oil From China Is Set to Turn Into a Deluge
| January 17, 2018 | Energy
Natural gas prices, production, and exports increased from 2016 to 2017
| January 16, 2018 | Energy | International Trade
In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units (MMBtu), about 50 cents per MMBtu higher than in 2016. The higher prices in 2017 contributed to less natural gas consumption for power generation. Increased domestic production was offset by increased exports of natural gas by pipeline and liquefied natural gas (LNG) cargoes.
NORDEN raises expectations for 2017
| January 16, 2018 | Energy | Maritime | Bulk
Crowley announces plans to build new 100,000-barrel Alaska Class ATB to enhance Alaska fuel services
| January 15, 2018 | Energy | Maritime | Bulk
Crowley Fuels LLC announced today that it has signed a construction contract with Bollinger Shipyards to build a new Alaska Class 100,000-barrel-capacity articulated tug-barge (ATB) to transport multiple clean petroleum products in the Alaska market.
Shell announces redevelopment of Penguins field in UK North Sea
| January 15, 2018 | Energy
During recent cold snap, the U.S. withdrew a record amount of natural gas from storage
| January 14, 2018 | Energy
During the recent cold weather event that affected much of the eastern United States, more natural gas was withdrawn from storage fields around the country than at any other point in history. Net withdrawals from natural gas storage totaled 359 billion cubic feet (Bcf) for the week ending January 5, 2018, exceeding the previous record of 288 Bcf set four years ago.
New Baltic Exchange LNG Panellists Group
| January 11, 2018 | Energy | Maritime | Bulk
U.S. Becomes a Net Gas Exporter for the First Time in 60 Years
| January 11, 2018 | Energy | International Trade
Crew Aboard Blazing Iranian Oil Tanker May Be Alive, Owner Says
| January 10, 2018 | Energy | Maritime | Bulk
Shipping accident statistics identify loss hotspot in Asian seas
Aramco Is Said to Seek $2 Billion From Japan’s Export Agency
| January 09, 2018 | Energy
Societe Generale becomes first financial institution to join growing SEA\LNG coalition
| January 09, 2018 | Energy
MODEC, Mitsui, MOL, Marubeni and MES to Proceed with the Ultra-Deepwater FPSO Charter Project
| January 09, 2018 | Energy
Traditional Shipowner and Shipmanager strengthens its LNG business
| January 09, 2018 | Energy | Maritime | Bulk
Oil Burning on Tanker Off China Seen Cutting Sea-Spill Risks
OPEC’s Oil Cuts Claim a Victim as Supertanker Earnings Tumble
| January 08, 2018 | Energy | International Trade
U.S. Takes Gas From U.K. Site That Got First Siberian Cargo
| January 08, 2018 | Energy
Iranian Tanker at Risk of Sinking as Buyer Seeks Alternative Oil
| January 08, 2018 | Energy | Maritime | Bulk
Siemens Gamesa Is Said to Be in Talks on 700-Megawatt Wind Deals
| January 05, 2018 | Energy | Alternative | International Trade
Cold weather, higher exports result in record natural gas demand
| January 05, 2018 | Energy | International Trade
Estimated U.S. natural gas demand on January 1, 2018 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to estimates from PointLogic. Much colder-than-normal temperatures across much of the United States have led to increased demand for heating, much of which is provided by natural gas
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