Energy

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

Sempra LNG joins leading collaborative to advance methane emission science

AJOT Newsroom | March 09, 2021 | Energy

North Sea oil field maintenance puts key arbitrage trade on ice

Bloomberg | March 09, 2021 | Energy

The United States exported more propane than distillate in 2020

AJOT Newsroom | March 08, 2021 | Energy

In 2020, according to the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly, U.S. exports of propane reached record levels, increasing 13% and surpassing distillate fuel oil as the country’s top petroleum product export. U.S. exports of distillate fuel oil fell to its lowest level since 2016.

US LNG exports continued to grow in 2020

AJOT Newsroom | March 05, 2021 | Energy

U.S. exports of liquefied natural gas (LNG) continued to grow in 2020, averaging 6.6 billion cubic feet per day (Bcf/d) on an annual basis and increasing 1.6 Bcf/d (32%) year-on-year, according to U.S. Energy Information Administration’s recently published Natural Gas Monthly, which now includes data through the end of 2020. U.S. LNG exports were at relatively high levels from January through May. In the summer months, they declined to record lows following record declines in international natural gas and LNG prices.

Wildcat safari running dry: Onshore success rate dips to lowest on record, falls for fourth year in a row

AJOT Newsroom | March 05, 2021 | Energy

The success rate of global conventional oil and gas exploration has declined in recent years, but the most painful blow has been to onshore wildcat wells, a Rystad Energy analysis reveals. In 2020, the success rate of these drilled wildcats plummeted to an all-time-low of 10.6%, marking an annual decline for a fourth year in a row, another dubious record for oil and gas exploration.

Oil tanker owners drop in wake of shock move by OPEC+

Bloomberg | March 05, 2021 | Energy

COVID 19: 2020 global shipping CO2 emissions down 1%

AJOT Newsroom | March 04, 2021 | Energy

Texas and Florida had large small-scale solar capacity increases in 2020

AJOT Newsroom | March 04, 2021 | Energy

As of December 2020, the states with the most small-scale solar photovoltaic (PV) capacity were California (10.6 gigawatts (GW)), New Jersey (1.9 GW), and Massachusetts (1.8 GW). Of the 4.5 GW of small-scale solar capacity added in the United States in 2020, California accounted for 31%, the largest share by far.

Energy

AJOT Newsroom | March 04, 2021

Port Canaveral gets underway as North America’s first LNG cruise port

New Q-LNG 4000 LNG articulated bunker barge arrives at Port, stands ready to fuel the next generation of cruise ships

Platts says sorry to oil traders for sudden Brent overhaul

Bloomberg | March 04, 2021 | Energy | Logistics

Asian diesel glut to swell as Indian oil refiners boost exports

Bloomberg | March 03, 2021 | Energy

Exxon to hold output at 20-year low to address debt, emissions

Bloomberg | March 03, 2021 | Energy

The United States installed more wind turbine capacity in 2020 than in any other year

AJOT Newsroom | March 03, 2021 | Energy | Alternative | By The Numbers

In both 2019 and 2020, project developers in the United States installed more wind power capacity than any other generating technology.

Iran taps old oil customers as it eyes end of U.S. sanctions

Bloomberg | March 03, 2021 | Energy | Conventional

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

AJOT Newsroom | March 03, 2021 | Energy | Conventional | By The Numbers

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

AJOT Newsroom | March 02, 2021 | Energy | Conventional | By The Numbers

Oil industry’s chief trade group mulls embrace of carbon pricing

Bloomberg | March 01, 2021 | Energy | Conventional

Venezuela oil exports drop after U.S. sanctions on key traders

Bloomberg | March 01, 2021 | Energy | Conventional

Energy transition risk quantified: Long-term oil price risk worth $10 per barrel, E&P upstream portfolios value could dip 30-40%

AJOT Newsroom | March 01, 2021 | Energy | Conventional | By The Numbers

The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition, adding to growing social and regulatory demands for greener energy solutions.

Cold weather led to refinery shutdowns in U.S. Gulf Coast region

AJOT Newsroom | March 01, 2021 | Energy | Conventional | By The Numbers

The cold snap that affected much of the central part of the country in mid-February disrupted energy systems, particularly in and around Texas. In the U.S. Gulf Coast, where the petroleum infrastructure has rarely operated in sub-zero temperatures, several refineries fully or partially shut down, leading to the largest reduction in Gulf Coast refinery operations in several years.

Energy

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