Energy

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


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Utility-scale battery storage capacity continued its upward trend in 2018

AJOT | August 10, 2020 | Energy | Alternative | By The Numbers

By the end of 2018, the United States had 125 operational battery storage systems, providing a total of 869 MW of installed power capacity and 1,236 MWh of energy capacity.

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LPG Markets are Back in Favor

AJOT | August 10, 2020 | Energy | Conventional | By The Numbers

July finished with additional signs that the LPG markets are coming back into favor, with overall offtake increasing 14% from June. Higher discharges took place in parts of Asia, where Japanese and South Korean imports each grew 24%, to 324,000 bpd and 333,000 bpd respectively.

Nigeria signs deal to end disputes over offshore-oil exports

Bloomberg | August 07, 2020 | Energy | Conventional

One stranded tanker signals peril of trading with Venezuela

Bloomberg | August 06, 2020 | Energy | Conventional | Maritime | Bulk

Oil pares rally in wake of mounting US fuel supplies

Bloomberg | August 05, 2020 | Energy

Newport Shipping on target for IMO 2050

AJOT | August 05, 2020 | Energy

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More than 100 coal-fired plants have been replaced or converted to natural gas since 2011

AJOT | August 05, 2020 | Energy

According to data from the U.S. Energy Information Administration (EIA), 121 U.S. coal-fired power plants were repurposed to burn other types of fuels between 2011 and 2019, 103 of which were converted to or replaced by natural gas-fired plants.

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US crude oil production in May has a record monthly decrease

AJOT | August 04, 2020 | Energy

Production of crude oil decreased in the United States in May 2020 by 1.99 million barrels per day (b/d), the largest monthly decrease since at least January 1980, according to the U.S. Energy Information Administration’s (EIA) Monthly Crude Oil and Natural Gas Production Report.

Libya’s oil exports set to dwindle as ports blockade persists

Bloomberg | August 04, 2020 | Energy | Ports & Terminals

North Korea coal exports bouncing back after virus lull, UN says

Bloomberg | August 03, 2020 | Energy | International Trade

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Illinois is a top energy consumer and producer in the Midwest

AJOT | August 03, 2020 | Energy | Conventional | By The Numbers

According to the U.S. Energy Information Administration’s (EIA) State Energy Data System (SEDS), Illinois had the highest energy consumption in the Midwest and was the third-highest energy producer of any state in the region.

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KPI Bridge Oil and OceanConnect Marine complete merger

AJOT | August 03, 2020 | Energy | Conventional

KPI Bridge Oil and OceanConnect Marine today announced that the two companies have formally completed a merger to create a new brand and entity, KPI OceanConnect.

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

AJOT | August 03, 2020 | Energy | Conventional | By The Numbers

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US shale Chapter 11 and M&A review: Investment opportunities in low-cost assets

AJOT | August 03, 2020 | Energy | Conventional | By The Numbers

Several large and small independent US oil and gas producers have filed for bankruptcy this year as their debt burden peaked and hopes of cash flow recovery plunged due to the downturn caused by the Covid-19 pandemic.

Hottest part of the fossil fuel market starts to cool

Bloomberg | August 03, 2020 | Energy | Conventional

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