Data source: U.S. Energy Information Administration, Petroleum Supply Monthly An average of 13.4 million barrels per day (b/d) of crude oil was produced in the United States during August 2024, a new record according to data from […]
Data source: Bloomberg Finance, L.P. Note: Price curves as of November 21, 2024. Dotted lines represent forward prices. LNG=liquefied natural gas; Asian LNG=the JKM price benchmark (representing spot and forward LNG prices in Japan, South Korea, Taiwan, […]
Data source: China National Bureau of Statistics, China General Administration of Customs, and Bloomberg L.P. Note: We define apparent demand as refinery production plus imports minus exports. Gasoline consumption in China has begun to fall in recent […]
Kiev’s Western European backers still hope to keep it on life support should Trump end funding, a report claims Washington’s allies in Europe will not be able to keep Ukraine’s military supplied if US President-elect […]
Fossil fuel electricity generation in the UK hit a record low in August 2024, averaging below 5 GW. This milestone coincided with the closure of Ratcliffe-on-Soar power station, marking the UK’s complete phase-out of coal […]
Jera’s president and CEO, Hisahide Okuda, said during a press conference held on Wednesday that plans are underway for the development and construction of units 7 and 8 at the Chita thermal power plant. He […]
Public EV charging costs remain stubbornly high despite a significant drop in wholesale electricity prices, according to the RAC. The RAC’s Charge Watch data shows that the average cost of using rapid chargers (50-149 kW) […]
Last week, Atlantic LNG shipping rates slid to a record low, reaching just $15,500 per day. “Spark30S Atlantic rate has increased by $2,000 per day to $17,500 per day compared to last week’s price, although […]
Labour is admitting net-zero will force drastic life changes as UK’s green push hikes costs, guts industry, and exposes delusions of cheap, secure renewables. Les jeux sont faits, Ed Miliband. The chips are down, […]
Rosstat’s data show that the country’s LNG terminals produced about 28.4 million mt during January-October. This is up by 6.8 percent compared to 26.6 million mt during the same period last year. Last month, LNG […]
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