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TODAY IN ENERGY: U.S. utility-scale battery storage power capacity to grow substantially by 2023

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 4 days agoLink > StorageElectricityEnergy +1

This Week in Petroleum: Crude oil prices are forecast to remain relatively flat

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 4 days agoLink > OilpetroleumSTEO +2

TODAY IN ENERGY: In 2018, 90% of the natural gas used in the United States was produced domestically

EIA's U.S. natural gas flow diagram helps to visualize the elements of U.S. natural gas supply (production, imports, and withdrawals from storage) and disposition (consumption, exports, and additions to storage). U.S. natural gas production and consumption have both generally increased since the ...

Hui Shan


Posted 5 days agoLink > ProductionsupplyConsumption +6

Re-awakening the Neutral Zone

The Wafra field was discovered in 1953, and in 1960, Japan's Arabian Oil Company (which held an offshore concession awarded by Saudi Arabia in 1957 and another awarded by Kuwait in 1958) discovered the giant Khafji offshore field. The unique status of the Neutral Zone is exemplified by its struct ...

Hui Shan


Posted 6 days agoLink > saudiKuwaitNeutral Zone +5

TODAY IN ENERGY: U.S. crude oil production surpassed 12 million barrels per day in April

The Wafra field was discovered in 1953, and in 1960, Japan's Arabian Oil Company (which held an offshore concession awarded by Saudi Arabia in 1957 and another awarded by Kuwait in 1958) discovered the giant Khafji offshore field. The unique status of the Neutral Zone is exemplified by its struct ...

Hui Shan


Posted 6 days agoLink > ProductionsupplyEIA +5

Your Weekly Update: 1 - 5 July 2019

Here's what you need to know about the North American outlook for gas demand, supply, and price to 2030. Debottlenecking and capacity additions that are currently or soon to be in progress will lead Appalachia to take a much larger role in supply, though associated gas from the Permian Basin will ...

Hui Shan


Posted 10 days agoLink > oil and gas newsOil and Gas IndustryLNG +7

North American gas outlook to 2030

Debottlenecking and capacity additions that are currently or soon to be in progress will lead Appalachia to take a much larger role in supply, though associated gas from the Permian Basin will remain a substantial—and low-cost—supply source for much of the US Gulf Coast. However, ongoing associat ...

Hui Shan


Posted 12 days agoLink > Demandsupplygas price +8

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 13 days 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 14 days 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 14 days 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 17 days 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 18 days 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 19 days 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 21 days 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 24 days agoLink > Oiloil and gas newsOil and Gas Industry +7
Last fetch 7/16/2019 1:15:03 AM