Energy

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

OPEC core’s crude exports slip even as output curbs are eased

Bloomberg | February 02, 2021 | Energy | Conventional

OPEC+ oil strategy success buys time before tough choices

Bloomberg | February 02, 2021 | Energy | Conventional

BP’s weak quarter shows big oil has barely begun Covid recovery

Bloomberg | February 02, 2021 | Energy | Conventional

Iraq exports signal that it missed target to lower oil output

Bloomberg | February 01, 2021 | Energy | Conventional | International Trade

Keppel positions for global energy transition, announces restructuring of offshore & marine business

AJOT Newsroom | February 01, 2021 | Energy | Conventional

Keppel Offshore & Marine will seize opportunities as a developer and integrator of offshore energy and infrastructure assets and exit the offshore rig building business.

Buckeye Partners Announces Strategic Investment In Oneh2, A Provider Of Turn-Key Hydrogen Fuel Solutions

Buckeye announced today that it had made an equity investment in OneH2, a provider of hydrogen fuel supply and logistics solutions.

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

AJOT Newsroom | February 01, 2021 | Energy | Conventional

EIA estimates that global petroleum liquids consumption dropped 9% in 2020

AJOT Newsroom | January 29, 2021 | Energy

Responses to the coronavirus disease (COVID-19) caused global demand for petroleum products to fall significantly in 2020. The U.S. Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of petroleum and other liquid fuels in 2020, a 9% decline from the previous year and the largest decline in EIA’s series that dates back to 1980.

Why are LNG shipping stocks retreating after a brief surge?

AJOT Newsroom | January 29, 2021 | Energy

Hydrogen could be key to clean long-haul transport in Canada

Bloomberg | January 29, 2021 | Energy | Intermodal | Trucking

Libya oil guards set new salary deadline as exports risk lingers

Bloomberg | January 29, 2021 | Energy

Weak diesel demand signals a slow rebound for industrial India

Bloomberg | January 28, 2021 | Energy

Oil slips with global virus risks clouding a demand rebound

Bloomberg | January 28, 2021 | Energy | Conventional

A major(s) rating! Total outperformed peers in 2020, a year of cost reductions and poor discoveries

AJOT Newsroom | January 28, 2021 | Energy

Despite the devastating downturn of 2020, most global majors held up quite well during the market turmoil, a Rystad Energy comparative analysis reveals after measuring key upstream performance metrics. Total outshined all other peers, as the French company not only exceled in financial and operational performance, but also was the only major to replace all of the year’s produced resources.

US tries to seize oil shipment it says is from Iran

Bloomberg | January 28, 2021 | Energy

Buffett-backed truck stop to buy ethanol plant as recovery eyed

Bloomberg | January 28, 2021 | Energy | Intermodal | Trucking

China’s binge on Iranian oil in focus following tanker seizures

Bloomberg | January 28, 2021 | Energy

Chevron, Reliance meet with US officials to discuss Venezuela

Bloomberg | January 27, 2021 | Energy

Oil and gas seals demand to decelerate in 2021, only to post a recovery in 2022: new study

AJOT Newsroom | January 27, 2021 | Energy

Damen launches FCS 7011

AJOT Newsroom | January 27, 2021 | Energy

On 21th January, Damen Shipyards Group’s revolutionary Fast Crew Supplier (FCS) 7011 was launched into the water at Damen Shipyards Antalya, Turkey. The vessel, hailed as a quantum leap forward in marine access solutions, is the result of close market consultation. To meet the needs of an offshore industry faced with consistently low oil prices, Damen has developed the FCS 7011 as a cost-effective crew transportation alternative boasting robust safety characteristics.

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