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seaborne diesel
Diesel

Russia’s seaborne diesel trading partners shifted after Feb 2023 sanctions

May 15, 2024 Mariel Alumit

In 2023, Brazil and Saudi Arabia replaced France and Germany as the countries with the second- and third-most seaborne diesel imports from Russia after sanctions related to Russia’s petroleum product trade went into effect in February 2023. […]

EIA
Crude Oil News

USA EIA Lowers Brent Oil Price Forecasts

May 13, 2024 Mariel Alumit

The U.S. Energy Information Administration (EIA) lowered its Brent oil price forecast for 2024 and 2025 in its latest short term energy outlook (STEO), which was released recently. In its May STEO, the EIA projected […]

coal
Coal

U.S. coal-fired electricity generation decreased in 2022 and 2023

May 11, 2024 Stu Turley

Electricity generation from units that primarily consume coal in the U.S. Lower 48 states decreased for all hours of the day by about 23% between 2021 and 2023, according to our Form EIA-930, Hourly and Daily […]

Propane prices
EIA News

Propane prices were slightly lower this winter compared with last winter

May 10, 2024 Mariel Alumit

U.S. wholesale and retail propane prices were slightly lower on average this winter than last winter, largely because of mild weather and robust propane inventories heading into this winter heating season. Despite lower prices and […]

China
EIA News

China continues rapid growth of nuclear power capacity

May 7, 2024 Mariel Alumit

In the past 10 years, more than 34 gigawatts (GW) of nuclear power capacity were added in China, bringing the country’s number of operating nuclear reactors to 55 with a total net capacity of 53.2 GW as […]

Japan's
EIA News

Japan’s energy policies aim for increased zero-carbon electricity generation

May 3, 2024 Mariel Alumit

Over the last several years, the Japanese government has announced energy policies aimed to achieve carbon neutrality, or net-zero greenhouse gas (GHG) emissions, by 2050 by lowering emissions in the electric power, industrial, and transportation […]

Oil
Crude Oil News

The Next Two Months Will Be Critical For Oil Fundamentals

May 2, 2024 Mariel Alumit

Weekly data by EIA reveals crude stockpiles of 7.3 million barrels for the week to April 26, a sharp swing from a draw of 6.4 million barrels posted the previous week. Standard Chartered: the fastest […]

Wind
EIA News

Wind generation declined in 2023 for the first time since the 1990s

May 1, 2024 Mariel Alumit

U.S. electricity generation from wind turbines decreased for the first time since the mid-1990s in 2023 despite the addition of 6.2 gigawatts (GW) of new wind capacity last year. Data from our Power Plant Operations Report show […]

U.S. energy-related CO2 emissions
CCUS

U.S. energy-related CO2 emissions decreased by 3% in 2023

April 30, 2024 Mariel Alumit

Based on analysis in our most recent U.S. Energy-Related Carbon Dioxide Emissions report, U.S. energy-related CO2 emissions decreased by 3%, about 134 million metric tons (MMmt), in 2023. Over 80% of the emissions reductions occurred in the electric […]

Energy
EIA News

A Shockingly Inept Report From The IEA On Battery Storage Of Energy

April 29, 2024 Mariel Alumit

In my self-designated role critiquing various schemes for total transformation of the world energy system, I get to review large amounts of poor, shoddy, and incompetent work. When people get into advocating for this “energy […]

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