Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
US shale gets tempted by high prices but boosting output to tap OPEC+ inaction would take months
| July 09, 2021 | Energy | Conventional | By The Numbers
Following a deadlock in OPEC+ negotiations at the July 2021 meeting, oil prices briefly rose above $75 per barrel at the prospect of the alliance keeping output stable from August onwards, with producers in theory honoring their commitment to the original deal until a new way forward is agreed.
SGMF advances LNG safety standards with new guidance
| July 08, 2021 | Energy | Maritime | Technology
Ørsted announces partnership with Falck Renewables and BlueFloat Energy to unlock floating wind potential in Scotland
| July 08, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project
Ørsted, the world leader in offshore wind, today announces a partnership with onshore wind community engagement pioneer Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round.
Refinery closures decreased US refinery capacity during 2020
| July 08, 2021 | Energy
As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to a total of 18.1 million barrels per calendar day (b/cd) at the start of 2021.
Shell sells its minority shareholding in PCK Schwedt joint venture Refinery to Alcmene
| July 08, 2021 | Energy
US raising Mexico energy policy concerns, trade chief says
| July 08, 2021 | Energy
President Joe Biden’s top trade negotiator said that the U.S. has “real concerns” about Mexican President Andres Manuel Lopez Obrador’s energy policy and will look for avenues to address them.
Goldman buys stake in specialist Danish energy trader
| July 08, 2021 | Energy
California’s hydroelectric generation affected by historic drought
| July 07, 2021 | Energy
Most of the western United States is experiencing intense and historic drought conditions. California is one of the most severely affected states. As of June 22, 2021, 100% of the state is experiencing some degree of drought. About 33% of the state has been categorized under exceptional drought, the most intense drought classification. The drought conditions have affected California’s water supply levels and hydropower plants.
EIA expects growth in electricity sales and generation from renewables through 2022
| July 07, 2021 | Energy
Ørsted submits bid in response to Maryland’s call for offshore wind projects
| July 07, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project
Global leader in offshore wind announces significant expansion of investment in Maryland
Saudi Aramco to sell more assets in multi-billion dollar push
| July 07, 2021 | Energy
US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
| July 06, 2021 | Energy
In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to our Monthly Energy Review. Our new chart of U.S. fossil fuel consumption by source and sector shows how each sector consumes fossil fuels. The chart also shows fossil fuels used for industrial non-combustion or nonfuel purposes, for example, in making plastics and chemicals.
Berge Bulk and marine biofuel pioneer GoodFuels successfully complete first bio-bunkering
| July 06, 2021 | Energy | Maritime | Breakbulk News
Trial further demonstrates the viability of GoodFuels’ sustainable marine biofuel in future fuel mix and takes Berge Bulk another step closer to shipping’s decarbonisation goals
Politics seep into oil as diverging goals test Saudi-UAE ties
| July 06, 2021 | Energy
OPEC+ shows no sign of healing rift just before talks resume
| July 05, 2021 | Energy
High oil prices send US refiners scouring for alternatives
| July 02, 2021 | Energy | Logistics
Shell starts up Europe’s largest PEM green hydrogen electrolyser
| July 02, 2021 | Energy | Alternative
Oil prices on waiting mode in anticipation of OPEC+ crucial policy call
| July 02, 2021 | Energy | Conventional | By The Numbers
Growth in global LNG trade was flat in 2020
| July 02, 2021 | Energy | Conventional | By The Numbers
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