Industry News
Jun 8, 2023
Except for gold, beef, and sugar, major commodity prices are down year on year, BofA Global Research highlighted in a new report.
Jun 8, 2023
'The 200,000 people working in this industry have heard Labour's proposals and have questions about how they would work in reality'.
Jun 8, 2023
Mitsubishi Shipbuilding has entered a deal for technical studies on technologies that would enable ammonia to be used to power vessels.
Jun 8, 2023
The green light paves the way for final approval by the Petroleum and Energy Ministry of the development plans for the Yggdrasil area and the Valhall field extension project.
Jun 8, 2023
Despite scorching heat boosting power demand, Chinese coal hasn't been this cheap in over two years.
Today In Energy
Jun 8, 2023
We forecast that the largest increases in U.S. electricity generation this summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online, according to our June Short-Term En…
Jun 7, 2023
According to our Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most recent winter heating season (November 1–March 31), averaging more than 120 BkWh per mon…
Jun 6, 2023
U.S. propane exports reached a record 1.7 million barrels per day (b/d) in March 2023, the highest level since we began collecting this data in 1973. Propane is consumed globally for space heating and is used as a petrochemical feedstock.
Jun 5, 2023
After 54 years of providing power to Pennsylvania and New York, the Homer City Generating Station in Pennsylvania will close by July 2023, according to the plant's owner. The 1,888 megawatt coal plant began generating electricity in 1969, when Units 1 and…
Jun 1, 2023
In 2022, annual natural gas consumption in China declined by 1%, or 0.4 billion cubic feet per day (Bcf/d), from 2021, according to data from S&P Global Commodity Insights—the first decline in annual consumption since 1990, according to our International …