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Home2021August

Month: August 2021

EIA
Coal

Six U.S. states accounted for over half of the primary energy produced in 2019

August 31, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, State Energy Data System In 2019, the top six primary energy-producing states—Texas, Pennsylvania, Wyoming, Oklahoma, West Virginia, and North Dakota—accounted for 55 quadrillion British thermal units (quads), or 55% of all of […]

CO2 & GHG

How Do Energy Companies Prove They Reduce Their Carbon Foot Print?

August 31, 2021 Stu Turley

With the energy, and the oil and gas markets facing the ESG investors there has been no measurable way for companies to prove they are in fact reducing their carbon footprint. You can say “We […]

Crude Oil News

Oil Edges Higher as U.S. Gulf Producers Assess Damage After Ida

August 30, 2021 Stu Turley

Storm spurs refiners, pipeline networks to suspend operations OPEC+ expected to endorse oil supply increase at midweek meet Oil edged higher in New York as offshore explorers  assess damage from Hurricane Ida and as investors […]

US Gulf Oil Producers - Shell Refinery
Commodities

U.S. Gulf Oil Producers, Refiners Shut as Ida Comes Ashore

August 29, 2021 Stu Turley

Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashes ashore. Based on the latest forecast by the National Hurricane Center, Ida will make landfall near New Orleans […]

Commodities

Gas Price Pain Ahead If Refiners Face Restart Struggle After Ida

August 29, 2021 Stu Turley

Some U.S. motorists who’d been expecting an end-of-summer relief for gasoline prices should start bracing for higher costs at the pump in the coming days due to Hurricane Ida. Ida made landfall in Louisiana Sunday and is […]

Downstream

A Hurricane Ida unknown: Economic impact on region and US

August 29, 2021 Stu Turley

A strengthening Hurricane Ida, bearing high winds and the likelihood of flooding rain as it heads for the Louisiana coast, could damage the energy-heavy Gulf Coast economy and potentially have economic consequences well beyond the […]

Lybia Oil - ENB
Crude Oil News

Libyan Firm Stops Oil Production On Lack Of Funds

August 29, 2021 Stu Turley

The Arabian Gulf Oil Company, a subsidiary of Libya’s National Oil Corporation (NOC), has suspended oil production for lack of money, Arab News has reported, citing the company’s Facebook page. AGOCO warned late on Thursday that it would […]

CCUS

Oil-Rich Nations Face Growing Pressure To Go Green

August 28, 2021 Stu Turley

Governments in long-established oil-rich nations around the world are coming under fire for their decisions over oil and gas versus renewable alternatives. The once-coveted natural resource is now a question of great contention. But how […]

bloomberg - Audi CEO Markus Duesmann - ENB
Electric Vehicles

Audi CEO Sees Better Odds of Building in U.S. as VW Electrifies

August 28, 2021 Stu Turley

  The odds Audi decides to start building vehicles in the U.S. are rising as parent Volkswagen AG electrifies its lineup, the luxury-car maker’s chief executive officer said. The VW group’s strategy to bring down the cost […]

General view of the first Belarusian Nuclear Power Plant - EnergyNewsBeat
Electrical Generation

UN Says It’s Unclear If Fukushima Reactor Cleanup Can Finish by 2051

August 28, 2021 Stu Turley

Tokyo (AP) — Too little is known about melted fuel inside damaged reactors at the wrecked Fukushima nuclear power plant, even a decade after the disaster, to be able to tell if its decommissioning can […]

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Debt
Energy Policy

Debt Ceiling Permitting Provisions Offer Good First Step to Meaningful Reform

June 7, 2023

President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling into 2024 and avoids a U.S. default. The bill contains several historic reforms to the National Environmental Policy Act […]

Climate
Biofuel

The Climate Solution That’s Horrible for the Climate

June 7, 2023

As America rushes to generate more renewable electricity, it has become fashionable to fret that solar and wind farms use too much land. But America is also racing to produce more renewable fuels, and they use much, […]

Oil
E&P

EIA Boosts U.S. Oil Production Forecast For 2023

June 7, 2023

The Energy Information Administration has increased its forecast for U.S. oil production this year, projecting an increase of 720,000 barrels per day. While it expects U.S. oil production to increase, the EIA sees demand for […]

ConocoPhillips
Crude Oil News

ConocoPhillips Starts Nuna Oil Field Development in Alaska

June 7, 2023

ConocoPhillips is set to develop its Nuna field project in Alaska and expects a peak oil rate of 20,000 barrels per day from the site, the company said in a news release. Construction will begin […]

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