Day: November 16, 2023

U.S. crude oil inventories increase by 3.6 million barrels

Energy News Beat Weekly Crude Oil Storage as of November 10, 2023 Click for EnerCom Analytics Dashboard. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.6 million barrels from the previous week.  At 439.4 million barrels, U.S. crude oil inventories are about 2% below the five year average for […]

After 8-year effort, another proposed natural gas power plant in Allegheny County is nixed

Energy News Beat Another proposed natural gas power plant has been called off in Western Pennsylvania, this one after eight years of development, permitting and opposition. Chicago-based Invenergy, which was developing the Allegheny Energy Center project in Elizabeth Township, surrendered its installation permit last week and withdrew its application to connect to the regional grid. […]

What’s Keeping the Lights On?

Energy News Beat Welcome to Grid Brief! Normally, today would be our rundown of power generation in America’s power markets. But the Energy Information Administration is still ironing out its data maintenance. So, rather than looking at generation, we’re going to look at reliability and resource adequacy in America’s power markets based on two recent […]

Adnoc plans to boost Das Island LNG capacity by 0.9 mtpa

Energy News Beat Adnoc Gas, the gas and LNG unit of UAE’s energy giant Adnoc, plans to add about 0.9 mtpa of production capacity at its Das Island liquefaction plant by debottlenecking the terminal’s three liquefaction trains. The liquefaction and export terminal on Das Island in the Persian Gulf currently has a capacity of 6 […]

Commission welcomes deal on first-ever EU law to curb methane emissions in the EU and globally

Energy News Beat The Commission welcomes the provisional agreement reached today between the European Parliament and Council on a new EU Regulation to reduce energy sector methane emissions in Europe and in our global supply chains. Methane is a powerful greenhouse gas – the second biggest contributor to climate change after carbon dioxide (CO2) – and […]

GasLog inks $2.8 billion financing deal, secures new charter contracts

Energy News Beat Greek LNG shipping firm GasLog has signed a new five-year sustainability-linked credit facility in the amount of $2.8 billion. The firm also secured new charter deals for its LNG carriers. The Peter Livanos-led company, which earlier this year completed its merger with GasLog Partners, revealed these deals in its third-quarter report issued on Thursday. […]

China brands Biden ‘irresponsible’

Energy News Beat The US president said he stood by his description of Xi Jinping as a “dictator,” hours after meeting him in San Francisco The Chinese Foreign Ministry has described as erroneous and irresponsible Joe Biden’s characterization of Xi Jinping as a “dictator.” The US president doubled down on the description, however, hours after […]

Less than one-third of U.S. commercial buildings were all-electric in 2018

Energy News Beat November 16, 2023 Data source: U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey (CBECS) Note: All-electric includes buildings that consumed only electricity for all end uses except electricity generation. Fewer than one-third of U.S. commercial buildings were all-electric in 2018, and all-electric commercial buildings were most prevalent in the South, according […]

India beat New Zealand by 70 runs to reach ICC Cricket World Cup final

Energy News Beat Inspired by Virat Kohli and Mohammed Shami, India has overcome a valiant New Zealand fightback to enter the ICC Cricket World Cup 2023 final on home soil. India beat New Zealand by 70 runs on Wednesday in Mumbai after setting a target of 398 in the tournament’s first semifinal. list of 4 […]

Gaza telecom companies warn of coming blackout

Energy News Beat The two main telecommunications companies in Gaza have warned of a “complete telecom blackout in the coming hours” due to a lack of fuel amid an Israeli siege on the Palestinian territory. “Main data centers and switches in the Gaza Strip are gradually shutting down due to fuel depletion,” Paltel and Jawwal […]