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Daily Energy Standup Episode #246 – China-Russia Gas Agreement, Southeast Asia’s LNG Peak, Mideast War Impact, BP Exit, and Canadian Deal

November 7, 2023 Andy Del Prado

Daily Standup Top Stories China, Russia Intensify Efforts to Expedite New Gas Route Supply Agreement November 6, 2023 Mariel Alumit (MENAFN) China National Petroleum Corporation (CNPC) Vice President, Xie Jun, has disclosed that Russian energy giant […]

Asia
International News

Southeast Asia’s LNG investments predicted to peak by 2040: Study

November 6, 2023 Mariel Alumit

More natural gas facilities than ever will be firing in Southeast Asia almost two decades from now, according to a report by Singapore-based research firm Asia Research & Engagement (ARE). Led by Thailand, Indonesia and Singapore, the region currently […]

ENB Rig Count
Crude Oil News

U.S. crude oil inventories increase by 0.8 million barrels

November 2, 2023 Mariel Alumit

Weekly Crude Oil Storage as of October 27, 2023 Click for EnerCom Analytics Dashboard. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.8 million barrels from the previous week.  […]

Natural Gas

Weekly Gas Storage: Inventories increase by 74 Bcf

October 27, 2023 Mariel Alumit

Working gas in underground storage, Lower 48 states Historical Comparisons Stocksbillion cubic feet (Bcf) Year ago(10/20/22) 5-year average(2018-22) Region 10/20/23 10/13/23 net change implied flow Bcf % change Bcf % change East 908 896 12 […]

Crude Oil News

U.S. crude oil inventories increase by 1.4 million barrels

October 26, 2023 Mariel Alumit

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.4 million barrels from the previous week.  At 421.1 million barrels, U.S. crude oil inventories are about 5% below the five […]

LNG
International News

High LNG stocks in North Asia, weak demand leads to more storage at sea

May 5, 2023 Mariel Alumit

SINGAPORE, April 21 (Reuters) – Volumes of liquefied natural gas (LNG) stored at sea have increased on an annual basis this month, driven by more vessels in Asia amid high inventories and slow spot demand in Japan, China […]

Biofuels

Minneapolis trash incinerator loses renewable energy designation, but deadline for closure remains evasive

May 5, 2023 Mariel Alumit

​ This story comes to you from Sahan Journal, a nonprofit newsroom dedicated to covering Minnesota’s immigrants and communities of color. Sign up for Sahan’s free newsletter to receive stories in your inbox. When Minnesota legislators passed a […]

U.S.
Crude Oil News

Peak U.S. Shale To Raise Prices At The Pump

May 3, 2023 Mariel Alumit

While U.S. shale production is still growing, it is expected to grow at a slower pace due to cost inflation and mixed messages from the Biden administration. As U.S. shale production growth slows, OPEC will […]

Price
EIA News

A mild winter reduced withdrawals from natural gas storage in the U.S. South Central

May 1, 2023 Mariel Alumit

May 1, 2023 Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report During this past winter heating season (Nov 1-Mar 31), the amount of natural gas withdrawn from underground storage in the U.S. […]

U.S
Natural Gas

U.S. natgas futures ease ahead of storage report

April 7, 2023 Mariel Alumit

U.S. natural gas futures edged lower on Thursday as market participants awaited cues from a federal report expected to show a bigger-than-usual storage draw last week. Analysts forecast U.S. utilities pulled 21 billion cubic feet […]

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