Market news

Unplanned global oil supply disruptions reach highest level since at least 2011

(Thu, 09 Jun 2016) Unplanned global oil supply disruptions averaged more than 3.6 million barrels per day (b/d) in May 2016, the highest monthly level recorded since EIA started tracking global disruptions in January 2011. From April to May, disruptions grew by 0.8 million b/d as increased outages, largely in Canada, Nigeria, Iraq, and Libya, more than offset reduced outages in Kuwait, Brazil, and Ghana. Along with other factors such as rising oil demand and falling U.S.

June 08, 2016 By 0 Comments Read more...

Fires near Fort McMurray are reducing Canada's oil sands production

(Wed, 08 Jun 2016) While evacuees from the ongoing fires in Fort McMurray have begun to return to the city, a state of emergency remains in place throughout Alberta, Canada, and the temporary shutdown of the area's oil sands production sites continues. EIA estimates that disruptions to oil production averaged about 0.8 million barrels per day (b/d) in May, with a daily peak of more than 1.1 million b/d. Although projects are slowly restarting as fires subside, it may take weeks for production to return to previous levels. EIA expects disruptions to average 400,000 b/d in June.

June 07, 2016 By 0 Comments Read more...

EIA publishes construction cost information for electric power generators

(Mon, 06 Jun 2016) Many factors influence the economic competitiveness of electricity generation technologies; however, two fundamental factors are the cost of constructing generators and the cost of operating them. The U.S. Energy Information Administration (EIA) recently began collecting construction costs for new electric generators at utility-scale power plants. The publication released today covers generators installed in 2013 and includes average costs by technology type or region.

June 05, 2016 By 0 Comments Read more...

EIA Publishes Construction Costs for Electric Generators

(Mon, 06 Jun 2016) Average construction costs on a dollars-per-kilowatt ($/kW) basis by energy source, prime mover, and Census region. Generator capacity, number of generators, and number of plants. Costs for certain technology types and energy sources by prime mover and other design attributes.

June 05, 2016 By 0 Comments Read more...

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