Highlights 88% of oil, 83% of gas still offline: BSEE Port Fourchon tenants given access to facilities Marathon, ExxonMobil restarting plants A week after Hurricane Ida made landfall, 1.607 million Continue Reading
The U.S. Bureau of Land Management launched on Thursday a review of the federal coal leasing program and the climate impact of coal production, transportation, and use, in line with Continue Reading
Forecast Highlights Global liquid fuels The August Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic. U.S. economic activity Continue Reading
Last month BP released its Statistical Review of World Energy 2021 . The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Continue Reading
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower Continue Reading
The Biden administration has tapped scientist Allison Crimmins from the Environmental Protection Agency to guide the U.S. government’s next authoritative report on the consequences of climate change. The report, known Continue Reading
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of Continue Reading
$13M ZeroAvia has secured two twin-engine 19-seat Dornier 228 aircraft for the next phase of its research and development for clean hydrogen-electric aviation. ( Earlier post .) One Dornier is Continue Reading
Highlights OPEC is ‘back in the driver’s seat’ on balancing market Oil, gas activity strong in Q2 but cost pressures rising Execs predict $70/b WTI, $3.10/MMBtu gas at end-2021 Underinvestment Continue Reading
US crude stocks expected 6.3 million barrels lower Refinery utilization expected at December 2019 levels Gasoline, distillate stocks likely build US crude oil inventory draws likely extended during the week Continue Reading
States across the West are at risk of electricity shortages this summer as a crippling drought reduces the amount of water available to generate hydroelectric power. Some of the region’s largest Continue Reading
Highlights Latest Republican bill aims to require congressional review Platts Analytics expects US sanctions relief by September Biden not bound by existing congressional review law In the latest attempt to Continue Reading
The Hoover Dam near Boulder City, Nev., on March 7. The reservoir level at the iconic Hoover Dam in the U.S. Southwest has plunged to its lowest since 1937 as Continue Reading
Highlights Commercial crude stocks fall 5.0.8 million barrels Refinery net inputs rise 2.4% USAC gasoline stocks remain tight despite build US crude oil inventory declines extended in the week ended Continue Reading
Highlights Green H2 can decarbonize industrial sectors Cost competitive with natural gas by 2035 Green hydrogen will be a critical component of fully decarbonizing the US power sector and broader Continue Reading
California’s deepening drought has worsened into a crisis, as a second dry year in a row has diminished the state’s water supply and another difficult fire season looks inevitable. Nearly Continue Reading
Russia is turning to multiple Chinese firms to manufacture the Sputnik V coronavirus vaccine in an effort to speed up production as demand soars for its shot. Russia has announced Continue Reading
The Kremlin told Washington on Wednesday it would act decisively if the United States undertook any new “unfriendly steps” such as imposing sanctions, the RIA news agency reported, citing a Continue Reading
Iran said saboteurs caused a blackout at the country’s main nuclear-enrichment plant, accusing the alleged culprits of attempting to derail informal talks with the U.S. on reviving a 2015 nuclear accord Continue Reading
The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named storms sweeping out of the basin. (Bloomberg) — The Atlantic hurricane season Continue Reading
Last week, President Joe Biden unveiled a $2 trillion infrastructure plan that, if passed by Congress, would protect the U.S. from climate change and prepare its economy for a transition Continue Reading
U.S. crude oil refinery inputs averaged 15.0 million barrels per day during the week ending April 2, 2021 which was 103,000 barrels per day more than the previous week’s average. Continue Reading
While the world is focused on OPEC news and Easter preparations, the Ukrainian crisis is heating up and there is a real threat of a military confrontation involving Ukraine, Russia, Continue Reading
The world’s largest plant for storing green hydrogen in liquid organic hydrogen carriers (LOHC) on an industrial scale is being built at CHEMPARK Dormagen. The state of North Rhine-Westphalia is Continue Reading
BRUSSELS (Reuters) – In a meeting last week in the Europa building in Brussels, home of the European Union’s political leadership, diplomats for the 27 member states were desperate. FILE Continue Reading
US crude oil inventory draws likely resumed during the week ended Jan. 22 as refinery runs continued to normalize, an S&P Global Platts analysis showed Jan. 25. Not registered? Receive Continue Reading
Senate Majority Leader Chuck Schumer called for President Joe Biden to declare a climate emergency, a controversial move that would give the new administration sweeping authority to circumvent Congress to Continue Reading
Climate change has not been a major feature in U.S. trade agreements. That may change under President-elect Joe Biden. Biden on the campaign trail called for conditioning future trade agreements on Continue Reading
After years of buildup to Brexit, a drama that obsessed and divided a nation, Britain was poised to leave the European Union on Thursday night, not with a bang but Continue Reading
The Volkswagen brand is significantly expanding the charging infrastructure at its German sites. Some 750 new charging points are planned for next year, including the first High Power Charging stations Continue Reading
A floating solar power plant in Huainan, in eastern China.Credit…Agence France-Presse — Getty Images China on Saturday promised incremental new steps to address climate change in the next decade, but Continue Reading
The world’s economic recovery is wildly uneven — and that again was on display this week. U.S. data on the eve of the Thanksgiving holiday offered signs of both strain and strength, while Continue Reading
The US State Department Nov. 20 granted a 45-day waiver extension to Iraq allowing it to keep paying for electricity imports from Iran. Receive daily email alerts, subscriber notes & Continue Reading
IMMENDINGEN, Germany (Reuters) – As Tesla touts the cutting-edge nature of its new Full Self Driving software, rival Mercedes-Benz says it has developed a similar system but stops short of Continue Reading
Highlights Nord Stream 2 to announce its plans in due course US broadened scope of sanctions threat on Oct. 20 Seen to put pressure on Akademik Cherskiy retrofit work London Continue Reading
It’s still 2020 and the pandemic-slash-climate change apocalypse just got even worse. The West Coast is burning. As of Wednesday, 24 active fires were reported in California, 12 in Washington, and Continue Reading
As Hurricane Laura pounds the U.S. Gulf Coast with nearly 150 mile-per-hour winds, causing water levels to rise almost 10 feet above normal, wildfires in California are still raging across more than a million acres, the Continue Reading
Using tax dollars to move whole communities out of flood zones, an idea long dismissed as radical, is swiftly becoming policy, marking a new and more disruptive phase of climate Continue Reading
A trio of disturbances are lined up one after the other in the Atlantic Ocean, and at least two of them will probably develop in the coming days and become Continue Reading
The potentially record-breaking temperature was recorded in Death Valley, California What could be the highest temperature ever reliably recorded on Earth – 130F (54.4C) – has been reached in Death Continue Reading
Russia has become the first country to grant regulatory approval to a vaccine against Covid-19, with mass production and immunisation of key workers to begin in the next few weeks. The Continue Reading
Noble Corp., the offshore drilling contractor, filed for bankruptcy with a plan to cut more than $3.4 billion of debt after a crash in crude prices made undersea oil wells Continue Reading
Global oil demand will recover significantly next month, climbing to be within 10% of the level that the world saw prior to the coronavirus pandemic, Russia Energy Minister Alexander Novak Continue Reading
Iraq is looking to attract investment from Saudi Arabia in one of its natural gas fields, Iraqi Deputy Prime Minister and Finance Minister, Ali Allawi, told Bloomberg , while OPEC’s Continue Reading
According to provisional data published by the European Environment Agency (EEA), average CO 2 emissions from new passenger cars registered in the European Union (EU), Iceland, Norway and the United Continue Reading
A pattern change may drive sustained, expansive heat over much of the U.S. and Canada if long-range forecasts are right Summer 2020 may go down in the books as much Continue Reading
US Gulf of Mexico oil producers have returned about 60,000 b/d back into service after about 35% of the Gulf’s oil and gas production was temporarily taken offline as Tropical Continue Reading
A Russian safety watchdog warned a subsidiary of mining giant Norilsk Nickel in 2017-2018 about dozens of violations at a fuel site in the Arctic where a huge leak of Continue Reading
First the virus lockdown shuttered the two dairies where farmer Gavrila Tuchilus sells the milk from his 1,500 cows. Then his fields dried up, forcing him to abandon his barley Continue Reading
Two weeks before the Atlantic hurricane season officially begins, Tropical Storm Arthur has formed off the southeast U.S. coast and is heading toward North Carolina. The National Hurricane Center has Continue Reading
