Energy

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

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

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

AJOT | July 31, 2020 | Energy | Conventional

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U.S. homes and businesses receive natural gas mostly from local distribution companies

AJOT | July 31, 2020 | Energy | Conventional | By The Numbers

According to the U.S. Energy Information Administration’s (EIA) Natural Gas Annual Respondent Query System, 2,022 natural gas delivery companies delivered natural gas to end-use customers in the United States in 2018.

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Pipeline installations to fall 19% in 2020

AJOT | July 30, 2020 | Energy

Pipeline installations to fall 19% in 2020, however, demand in Asia and Middle East to support long-term forecast.

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A closer look at the Bakken/Three Forks shale play

AJOT | July 30, 2020 | Energy

In addition to frequent press releases and morning comments, Rystad Energy is starting a new line of media publications, called ‘A CLOSER LOOK’. In this communication series we will offer a glimpse of our in-depth monthly regional reports, highlighting trends and providing an outlook on production and spending, among other interesting data findings.

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Lightning Systems launches new energy division to provide charging solutions to fleets

AJOT | July 30, 2020 | Energy | Intermodal | Trucking

Lightning Systems, a developer and manufacturer of zero-emission commercial electric vehicles, announces the launch of Lightning Energy, a new division of the Colorado-based company that offers charging technologies and services to commercial and government fleets.