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Petroleum, natural gas, and coal continue to dominate U.S. energy consumption

Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century. Despite the increase, the fossil fuel share of total U.S. energy consumption in 2018 increased only slightly from 2017 and was the second-lowest share ...

Hui Shan


Posted 3 months agoLink > ConsumptionDemandCoal +4

Increasing Natural Gas Trade Between the U.S and Mexico

U.S. companies began exporting natural gas to Mexico via pipeline in 1988, and exports have increased significantly as the shale revolution in the U.S. produced affordable, abundant natural gas for consumers in the U.S., Mexico, and around the world.REF Liquefied natural gas (LNG)—which is transpo ...

Will Fine


Posted 3 months agoLink > MexicoNew MexicoGovernor of New Mexico +44

The ‘Argentine Permian’ Starts Shipping

But not only is it the first ever LNG sale for the country, it is also the first commercial output from the Vaca Muerta shale play – one of the world's largest shale formations and a potential game changer for the hobbling Argentine economy. The US EIA goes even further, estimating that the Vaca ...

Hui Shan


Posted 3 months agoLink > ArgentinaVaca MuertaLNG +7

Your Weekly Update: 24 - 28 June 2019

EIA includes utility-scale hydropower, wind, solar, geothermal, and biomass in its definition of renewable electricity generation. According to forecasts in EIA's latest Short-Term Energy Outlook, coal will provide more electricity generation than renewables in the United States for the remaining ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

TODAY IN ENERGY: U.S. electricity generation from renewables surpassed coal in April

With its audience of government ministers, international and national oil companies, CEOs and other top global industry influencers, the ADIPEC Awards provide the global oil and gas community the perfect opportunity to engage, inspire and influence the workforce of the future.” Held under the pat ...

Hui Shan


Posted 3 months agoLink > generationCoalElectricity +2

TODAY IN ENERGY: Crude oil inputs to Mexico’s petroleum refineries continued to decline in 2018

Crude oil inputs to Mexico's petroleum refineries declined for the fifth consecutive year in 2018, falling to nearly 600,000 barrels per day (b/d), a 50% drop from 2013 levels. Petróleos Mexicanos (Pemex), Mexico's national oil company, owns and operates the country's six petroleum refineries, wh ...

Hui Shan


Posted 3 months agoLink > Liquid FuelsCrude oilpetroleum +3

The Winds of War and Oil Markets

Financial sanctions came first, then sanctions on crude oil exports from Iran. But the situation was diffused when the US introduced waivers for 8 major importers of Iranian crude in November 2018, calming the markets. Not just because the extension of the current OPEC+ deal could be scuppered, ...

Hui Shan


Posted 3 months agoLink > IranMiddle Eastoil price +3

Your Weekly Update: 17 - 21 June 2019

Despite crude oil production cuts, Saudi Arabian crude oil exports to some Asian countries have increasedThe U.S. Energy Information Administration (EIA) estimates that during May 2019, Saudi Arabia's crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per d ...

Hui Shan


Posted 4 months agoLink > Oiloil and gas newsOil and Gas Industry +7

This Week in Petroleum

Despite crude oil production cuts, Saudi Arabian crude oil exports to some Asian countries have increasedThe U.S. Energy Information Administration (EIA) estimates that during May 2019, Saudi Arabia's crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per d ...

Hui Shan


Posted 4 months agoLink > ChinaCrude oilexports +7

Indonesia’s Abadi LNG Project Sees Movement

It has been 21 years since Japanese upstream firm Inpex signed on to explore the Masela block in Indonesia in 1998 and 19 years since the discovery of the giant Abadi natural gas field in 2000. Inpex had submitted its first development plan for Abadi in 2010, encompassing a Floating LNG project w ...

Hui Shan


Posted 4 months agoLink > AbadiLNGIndonesia +5

Your Weekly Update: 10 - 14 June 2019

With Russian Finance Minister Anton Siluanov suggesting that there was a risk that oil prices could fall as low as US$30/b and the Saudi Arabia-Russia alliance preparing for a US$40/b oil scenario, it looks more and more likely that the production deal will be extended to the end of 2019. The maj ...

Hui Shan


Posted 4 months agoLink > OilOil and Gas Industryoil and gas companies +3

Upcoming OPEC Meeting: What to Expect

With Russian Finance Minister Anton Siluanov suggesting that there was a risk that oil prices could fall as low as US$30/b and the Saudi Arabia-Russia alliance preparing for a US$40/b oil scenario, it looks more and more likely that the production deal will be extended to the end of 2019. The maj ...

Hui Shan


Posted 4 months agoLink > OPECoil priceShale +3

Sempra Energy ships first liquefied natural gas cargo from Cameron LNG export facility

On May 31, 2019, Sempra Energy, the majority owner of the Cameron liquefied natural gas (LNG) export facility, announced that the company had shipped its first cargo of LNG, becoming the fourth such facility in the United States to enter service since 2016. Cameron LNG has regulatory approval to ...

Hui Shan


Posted 4 months agoLink > exportsImportsLNG

SHORT-TERM ENERGY OUTLOOK

On May 31, 2019, Sempra Energy, the majority owner of the Cameron liquefied natural gas (LNG) export facility, announced that the company had shipped its first cargo of LNG, becoming the fourth such facility in the United States to enter service since 2016. Cameron LNG has regulatory approval to ...

Hui Shan


Posted 4 months agoLink > STEOLiquid FuelsEmissions +4

Your Weekly Update: 3 - 7 June 2019

U.S. Gulf Coast crude oil imports averaged 1.8 million barrels per day (b/d) in March 2019, the lowest level since March 1986 and significantly lower than the peak of 6.6 million b/d in March 2007. In 2018, 20% of all Gulf Coast crude oil imports were from Venezuela, an annual average of 498,000 ...

Hui Shan


Posted 4 months agoLink > Oiloil and gas newsOil and Gas Industry +7
Last fetch 10/21/2019 1:28:36 PM