The change in marine fuel specification is expected to put upward pressure on diesel margins and modest upward pressure on crude oil prices in late 2019 and early 2020. Marine fuel sulphur regs limit sulphur [Read more] [Read more]
Volkswagen EV production will begin at the company’s Chattanooga facility in 2022. The German automaker says it will invest $800 million in its Tennessee facility, making it VW’s first electric vehicle facility in North America. [Read more] [Read more]
US natural gas futures jumped 13 per cent on Monday on weather forecasts calling for much colder weather through to the end of the month than were previously expected. Buffalo News photo by John Hickey. [Read more] [Read more]
Iraq oil production averaged 4.5 million b/d through Aug. 2018, up from 4.4 million b/d in 2017. Iraq’s oil production has nearly doubled in the past decade. Reuters photo. Iraq oil production, consumption on the [Read more] [Read more]
The Chinese government announced on Friday that due to falling construction costs, it will launch a number of subsidy-free solar and wind power projects in 2019. ImagineChina/Corbis photo. Subsidy-free solar, wind power projects to generate [Read more] [Read more]
Energy consumption grew rapidly in the Middle East, Asia and Africa while in North America, energy consumption grew only by 1 per cent between 2010 and 2016, and in Europe, energy use fell 4 per [Read more] [Read more]
According to the US Energy Information Administration, wind, natural gas and solar will make up the bulk of new utility-scale electric generating capacity additions. Repower photo by Jan Oelker. Wind to account for 46% of US [Read more] [Read more]
Despite moves by the Trump administration to relax regulations on emissions from coal-fired plants, coal plant retirements in 2018 made up the bulk of power generation shutdowns. Bloomberg photo by Krisztian Bocsi. Coal plant retirements in 2018 [Read more] [Read more]
The Rhodium Group released a report on Tuesday which showed US CO2 emissions rose in 2018 after falling for the previous three. Cold weather and rising fuel demand were blamed for the increase. CO2 emissions [Read more] [Read more]
During January 2018, natural gas spot prices spiked in the Northeast as a period of prolonged cold weather affected much of the eastern United States. Prices rose again in November due to colder-than-normal temperatures. Natural gas prices rose significantly [Read more] [Read more]
Average US gasoline prices declined for 12 weeks in a row at the end of 2018, which marked the longest consecutive weekly drop since the 17-week decline from October 2014 through January 2015. Shell photo. [Read more] [Read more]
Overall OPEC production fell in December according to a survey by Reuters, mostly due to a 400,000 barrel per day cut made by Saudi Arabia. Iran and Libya posted involuntary production declines. Reuters file photo [Read more] [Read more]
The latest assessment estimates that there are around 350 billion tight oil barrels that are technically recoverable outside the United States (triple the amount in the United States). Anadarko photo. US tight oil production expected [Read more] [Read more]
Energy commodity prices fell sharply in October on market concerns of a blooming crude glut and slowing global economy. Anadarko photo. Energy commodity prices rose by 25 per cent from Jan. to Oct., but ended [Read more] [Read more]
Oil prices fell quickly after peaking in early October due to concerns over slowing global economic growth coupled with a growing crude oil surplus. Anadarko photo. Oil prices peaked on October 3 By Matt French [Read more] [Read more]
US power sector CO2 emissions on the decline due to slower electricity growth and a shift from coal, oil to natural gas and renewables. Getty Images photo. By Perry Lindstrom US power sector CO2 emissions [Read more] [Read more]
The decrease in total US energy expenditures in 2016 was entirely attributable to lower energy prices, as total energy consumption has remained virtually unchanged since 2013. Bigstock photo. US energy expenditures fell for fifth consecutive year By [Read more] [Read more]
Canadian imports into the US market declined 0.10 Bcf/d last week – Drillinginfo The North American natural gas market is closely interconnected via pipelines. Supply or demand events in one region often impact prices elsewhere. [Read more] [Read more]
Hydraulically fractured horizontal wells became the predominant method of new U.S. crude oil and natural gas development in October 2011, when total footage (in linear feet) surpassed all other drilling and completion techniques. Hydraulically fractured [Read more] [Read more]
Proposed West Coast LNG projects are getting a second look thanks to rising shipping rates making US Gulf Coast LNG costlier to Asian customers. LNG Canada image. West Coast LNG shipping time dramatically shorter than [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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