The US propylene market is looking bearish for the second half of 2017 as a major capacity addition in the US Gulf Coast is expected to further lengthen supply and lead to more exports, which have already been on the rise.
(Thu, 27 Jul 2017) The amount of natural gas used for electricity generation, also known as power burn, reached its highest daily level so far in 2017 during the past week, exceeding 41 billion cubic feet (Bcf) on July 20, according to data from PointLogic Energy.
(Wed, 26 Jul 2017) Following sustained growth through 2010, U.S. residential electricity sales have declined in both absolute and per capita terms. Although changes in the weather are a key driver of year-over-year fluctuations, energy efficiency improvements and economic factors have contributed to the decline in per capita residential electricity sales since 2010.
Shell has sounded the trumpets and declared Prelude, the world's largest floating LNG vessel, as "a new era for the LNG industry." Ross McCracken blogs.
Increasingly, Libyan shipowners are receiving calls to assist unseaworthy vessels carrying migrants heading for Europe, shipping sources say. Eklavya Gupte investigates.
(Tue, 25 Jul 2017) In EIAâs latest <em>Short-Term Energy Outlook</em> (STEO), total U.S. crude oil production is forecast to average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016. In 2018, EIA expects crude oil production to reach an average of 9.9 million b/d, which would surpass the previous record of 9.6 million b/d set in 1970.
(Tue, 25 Jul 2017) World chokepoints for maritime transit of oil are a critical part of global energy security. About 61% of the world's petroleum and other liquids production moved on maritime routes in 2015. The Strait of Hormuz and the Strait of Malacca are the world's most important strategic chokepoints by volume of oil transit.
(Mon, 24 Jul 2017) Comparisons of January through June electricity prices over the past three years suggest a growing premium for day-ahead hourly prices in the California Independent System Operator (CAISO) energy market for certain morning and evening hours relative to prices for midday hours.
(Fri, 21 Jul 2017) Through the first six months of 2017, U.S. weekly ethanol production averaged 1.02 million barrels per day (b/d), an increase of 5% over the same period in 2016
(Thu, 20 Jul 2017) As part of a series of ongoing energy reforms, Mexicoâs National Center for Natural Gas Control (CENAGAS) recently conducted the first open season to auction capacity rights on the countryâs natural gas pipeline grid.
