A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]
The Port of Corpus Christi saw a 65% increase in crude shipments in 2020 to 96.4 million mt, leading to a record tonnage throughput of 159.7 million mt in a year that saw immense volatility […]
According to the U.S. Energy Information Administration’s (EIA) latest inventory of electricity generators, developers and power plant owners plan for 39.7 gigawatts (GW) of new electricity generating capacity to start commercial operation in 2021. Solar will […]
Sources privy to the development said a conductive global energy market where oil and gas prices are stable had given fresh push for building strategic gas reserves in the country. An announcement in this regard […]
Some 3,000 feet under Millard County lies a massive dome of salt, two miles across and a mile thick, that is becoming a major pivot point in Utah’s energy future. Owned by the state, the […]
In much of the United States, power plants that burn petroleum liquids are generally operated for short periods during times of peak electricity demand, such as during brief periods of cold winter weather. These plants […]
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