Find A Location:


Industry News


Reusing oil field wastewater is key to shale’s future, researchers say –

Read More…

Today in Energy Short, timely articles with graphics on energy facts, issues, and trends.

  • Daytime electricity demand in New York City most affected by COVID-19 mitigation actions
    on May 22, 2020 at 12:00 pm

    Actions to mitigate the 2019 novel coronavirus disease (COVID-19) have caused daily weekday electricity demand in New York City to decrease by 16% in April compared with expected demand, after accounting for seasonal temperature changes. However, decreases in the city's electricity demand have not occurred uniformly across the day. The largest differences between actual and expected demand have been during daytime weekday hours when many schools and businesses that normally would have been open are now closed.

  • Most new utility-scale solar in the United States is being built in the South Atlantic
    on May 21, 2020 at 1:00 pm

    In the past three years, the South Atlantic region of the United States installed more new utility-scale solar photovoltaic (PV) capacity than any other region of the country. States in the South Atlantic region installed 2.2 gigawatts (GW) of new solar capacity in 2019, more than double the 1.0 GW installed in California, which had the second-highest new solar capacity additions. Despite being home to the strong sun states of Arizona, New Mexico, and Nevada, at 0.9 GW, less solar capacity was installed in the rest of the West region in 2019 than in either the South Atlantic or in California.

  • The number of active U.S. crude oil and natural gas rigs is at the lowest point on record
    on May 20, 2020 at 12:00 pm

    Producers were operating the fewest oil and natural gas drilling rigs on record in the United States at 339 on May 12, the lowest level in the Baker Hughes Company's rig count data series that dates back to 1987. The number of active rigs began sharply decreasing in mid-March as crude oil prices fell: rigs have fallen by 56% (433 rigs) since March 17. Most of the decrease was in oil-focused geologic plays, but natural gas-focused plays also saw significant decreases.

  • EIA expects record liquid fuels inventory builds in early 2020, followed by draws
    on May 19, 2020 at 1:00 pm

    As mitigation efforts to contain the 2019 novel coronavirus disease (COVID-19) pandemic continue to lead to rapid declines in petroleum consumption around the world, the production of liquid fuels globally has changed more slowly, leading to record increases in the amount of crude oil and other petroleum liquids placed into storage in recent months. In its May Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global inventory builds will be largest in the first half of 2020. EIA estimates that inventory builds rose at a rate of 6.6 million barrels per day (b/d) in the first quarter and will increase by 11.5 million b/d in the second quarter because of widespread travel limitations and sharp reductions in economic activity.

  • Large battery systems are often paired with renewable energy power plants
    on May 18, 2020 at 12:00 pm

    Pairing renewable energy generators with energy storage, particularly batteries, is increasingly common as the cost of energy storage continues to decrease. The U.S. Energy Information Administration's (EIA) latest inventory of electric generators shows that the number of solar and wind generation sites co-located with batteries has grown from 19 paired sites in 2016 to 53 paired sites in 2019. This trend is expected to continue: according to planned installations reported to EIA, another 56 facilities pairing renewable energy and battery storage will come online by the end of 2023. Industry Headlines The latest oil and gas news from around the world.

Website Design by Build Studio