Data source: Enverus Note: Well vintage is the year a well first begins producing crude oil or natural gas As U.S. crude oil and natural gas production have increased, so has the volume of production declines from existing […]
EuropeTankers MarineTraffic / Gianluca Balloni (Boracay under previous name) The Boracay, an 18-year-old Russian-linked tanker seized by French commandos off Brest this week, has been placed at the scene of up to nine drone incidents […]
Data source: U.S. Energy Information Administration, State Energy Data System Data values: Total energy consumption by end-use sector and primary energy consumption by source In 2023, Texas consumed more energy than any other state. Total energy consumption in Texas was […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) Data values: U.S. Regional Electricity Generation, Electric Power Sector Two electricity markets in the Midwest still generate more electricity from coal than from natural gas in at least […]
In an escalating geopolitical chess game, the United States is ramping up pressure on India to reduce its imports of Russian crude oil, tying the issue directly to the progress of bilateral trade negotiations. As […]
The U.S. shale oil industry, a cornerstone of global energy supply, is facing a pivotal shift. According to recent analysis from energy intelligence firm Enverus, the marginal cost of U.S. shale oil production is projected […]
In a recent Axios interview, Ukrainian President Volodymyr Zelensky made a bold assertion: that U.S. President Donald Trump has given the green light for Ukraine to retaliate against Russian attacks on its energy sector by […]
AsiaDry CargoGreater China Global coal trade is forecast to shrink in 2025, the first drop since the covid-19 shock of 2020, with another fall expected in 2026. If confirmed, this would be the first consecutive […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2025 Note: Total distillate inventories include distillate fuel oil, renewable diesel, and biodiesel inventories. In our September Short-Term Energy Outlook, we forecast U.S. total distillate inventories to end 2025 […]
Seatrium Singapore shipyard group Seatrium has sold its AmMFELS yard located at Brownsville, Texas, for a consideration of S$65m ($50.6m) to Karpower Valley, a related party of Karpowership. Seatrium stated that the accretive divestment would […]
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