Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
GAC Russia seals Yamal LNG ship agency deal
| February 09, 2018 | Energy | Maritime | Bulk
Rick Meidel Joins Crowley Fuels as VP and General Manager in Alaska
| February 09, 2018 | Energy | Maritime | Bulk | People | Appointments
Crowley Fuels announced today that Rick Meidel has joined the company as vice president and general manager, responsible for the performance and day-to-day operations of Crowley’s Alaska division. He will be based in Anchorage and report to Rocky Smith, senior vice president and general manager.
Future U.S. electricity generation mix will depend largely on natural gas prices
| February 07, 2018 | Energy
The mix of fuels used to generate electricity in the United States has changed in response to differences in the relative costs of electricity-generating technologies and, for those technologies that consume fuel, the cost of fuel.
China surpassed the United States as the world’s largest crude oil importer in 2017
| February 05, 2018 | Energy | International Trade
China surpassed the United States in annual gross crude oil imports in 2017, importing 8.4 million barrels per day (b/d) compared with 7.9 million b/d for the United States.
California plans to reduce greenhouse gas emissions 40% by 2030
| February 02, 2018 | Energy | International Trade
In July 2017, California’s state legislature passed assembly bill (AB) 398 to reauthorize and extend until 2030 the state’s economy-wide greenhouse gas (GHG) reduction program. The bill sets a new GHG target of at least 40% below the 1990 level of emissions by 2030. As of 2015, about 86% of California’s GHG emissions were related to the consumption of energy.
Clean Fuel Focus in India May Open Door for U.S. LPG Imports
| February 02, 2018 | Energy | International Trade
Pemex Refinery Chief Looks to Deal With Mitsui to Spur Recovery
| February 01, 2018 | Energy
U.S. monthly crude oil production exceeds 10 million barrels per day, highest since 1970
| February 01, 2018 | Energy | International Trade
U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to EIA’s latest Petroleum Supply Monthly. November’s production is the first time since 1970 that monthly U.S. production levels surpassed 10 million b/d and the second-highest U.S. monthly oil production value ever, just below the November 1970 production value of 10.044 million b/d.
Shell wins nine key blocks in Mexico deep-water bid round
| February 01, 2018 | Energy
LNG carrier CESI Wenzhou delivered for SINOPEC LNG transport project
| February 01, 2018 | Energy | Maritime | Bulk
The CESI Wenzhou is the fifth vessel to serve the LNG transport project for SINOPEC announced in April 2013, and will sail under a long-term charter contract to transport LNG that SINOPEC will purchase from the Australia Pacific LNG Project.
Unconventional optimism continues for Frac Sand Logistics
| January 31, 2018 | Energy
A critical component for hydraulic fracturing fleets and frac sand companies is the sand supply and infrastructure in the unconventional plays.
World Drilling and Production Market Forecast – New countries added
| January 31, 2018 | Energy
The World Drilling & Production Market Forecast, built by Westwood’s OFS analysts, is our key report on the two most-important leading indicators for the industry.
South Africa plans to add more natural gas, renewables to its energy supply mix
| January 31, 2018 | Energy | International Trade
The country’s Intended National Determined Contribution, submitted as part of the Paris Agreement, plans for CO2 emissions to peak by 2025, remain flat for a decade, and begin to decline around 2035.
Stoned on an Oil Rig: Legal Weed Puts Canadian Companies on Edge
| January 31, 2018 | Energy
SEA\LNG launches LNG bunker navigator tool
| January 30, 2018 | Energy | Maritime
Gov. Inslee rejects Vancouver Energy project application
| January 30, 2018 | Energy | Ports & Terminals | Ports
Unions Fear Norway Export Drive Will End Era of Cheapest Power
| January 30, 2018 | Energy
U.S. crude oil exports increased following hurricane-related refinery disruptions
| January 29, 2018 | Energy
From late August through September 2017, Hurricane Harvey caused disruptions to the U.S. Gulf Coast refining sector, resulting in record-high U.S. crude oil exports when export facilities reopened after the storm and before many refineries returned to pre-storm levels of utilization.
Four new vessels for AET as fleet rejuvenation continues
| January 26, 2018 | Energy | Maritime | Bulk
EIA expects 2018 and 2019 natural gas prices to remain relatively flat
| January 25, 2018 | Energy
In its latest Short-Term Energy Outlook (STEO), EIA expects the Henry Hub natural gas spot price to average $2.88 per million British thermal units (MMBtu) in 2018 and $2.92/MMBtu in 2019, slightly lower than the 2017 average of $2.99/MMBtu. Lower prices in 2018 and 2019 reflect EIA’s expectation of increased natural gas production and relatively flat consumption.
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