The U.S. Energy Information Administration’s (EIA) latest Annual Coal Report (ACR) shows that U.S. coal mining productive capacity, or the maximum amount of coal that mines can produce in a year, totaled 1,009 million short […]
According to the U.S. Energy Information Administration’s Weekly Petroleum Status Report, for the week ending November 13, 2020, U.S. distillate inventories fell to 143 million barrels, back within its previous five-year (2015-19) range for the […]
EnergyWorld WARSAW: Poland sees the total costs of building six nuclear reactors of 6-9 gigawatts capacity over 20 years at around $30 billion, state news agency PAP quoted the minister responsible for energy infrastructure as saying on Friday. Poland generates most […]
Energy News Beat Publishers Note: Fossil fuels will be around a while. The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s […]
A Venezuelan judge has convicted six former Citgo executives of corruption, a move widely seen as a political challenge by President Nicolas Maduro to the incoming US administration of president-elect Joe Biden. Biden inherits the […]
Nasdaq Energy News Beat Publishers Note: Its better to have leases than not …. W&T Offshore, Inc. WTI claimed to be the apparent high bidder on two blocks in the U.S. Gulf of Mexico lease sale 256. […]
Energyworld MOSCOW, Russian central bank said on Thursday that OPEC+, the group of leading oil producing countries, may delay a planned increase in oil output from Jan. 1, 2021 as the pandemic has negatively impacted the economic outlook and oil […]
Rystad Energy Offshore wind is booming, and as turbine and project sizes grow, demand for specialized installation vessels will soar. The market for vessels capable of installing large offshore wind components is quickly being outpaced […]
Energy News Beat Publishers Note: This will be one to watch – OPEC can not control their members – and Turkey, Venezuela, and Libya need cash. Is this the end of OPEC’s control of world […]
In August 2020, the Federal Offshore Gulf of Mexico (GOM) saw its largest monthly decrease in production of crude oil since September 2008, dropping by 453,000 barrels per day (b/d), or 27%. Production of crude […]
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