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Crude Oil
Virus Surge Dents Oil Demand Recovery Optimism
Jul.19 -- Oil futures are holding steady with an ongoing surge in coronavirus cases in some parts of the U.S. tempering optimism for a demand recovery.
LNG
LNG Markets May Not Recover Until 2021
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.
China
Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Oil & Gas Trade
U.S. LNG Exports Will Fall to 25%
The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.
PowerGrid Technology
ASTRA Program Supports a More Resilient U.S. Power Grid
A new data integration, discovery, and decision-support system to mitigate space weather impact.
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
Energy Investment
U.S. Department of Energy Announces $21 Million for Research in EPSCoR States
Today, the U.S. Department of Energy announced $21 million in funding for 31 research projects under the federal Established Program to Stimulate Competitive Re…
Market Analysis
Will Trump's New Investment Proposal Help The Oil & Gas Industry?
The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds' investments based on environmental, social, and governance…
Crude Oil
How the Fed Bailed Out U.S. Oil And Gas
he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.
Coal-Fired Power Plants
Unit at Largest U.S. Coal Plant Will Close
A Georgia power plant that has held the title of the largest coal-fired facility in the U.S. will give up that title by 2022.
Offshore Wind Power
Second Turbine Up at Coastal Virginia Offshore Wind Project
Jan De Nul’s jack-up vessel Vole au vent has installed the second and final turbine at the Coastal Virginia Offshore Wind pilot project in the U.S.
Oil Shale
30% Of U.S. Shale Drillers Could Go Under
U.S. shale was one of the big losers of the Saudi-Russian price war that many saw as a war on U.S. shale. Producers scrambled to stay afloat as prices sank back…
Market Analysis
U.S. Renewables Produced 27.1% More Electricity Than Coal
Renewable energy sources produced significantly more electricity than coal during the first four months of 2020 and topped nuclear power as well,.
Nuclear Power Plant
Three Big Players Work Together on Bulgarian Nuclear Plant
Russian state atomic energy corporation Rosatom is working with Paris-based Framatome and GE Steam Power, which is headquartered in the U.S.
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