Industry News

Industry Headlines
Sep 30, 2023
Russia plans to reduce diesel exports from its key western ports to almost nothing next month.
Sep 29, 2023
Oil posted its largest quarterly rally since the initial jolt from the war in Ukraine as lower Russian fuel exports threaten to further tighten a market wrestling with OPEC+ production cuts.
Sep 29, 2023
Executives from 146 oil and gas firms were asked where they expect the WTI crude oil price to be at the end of the year as part of the latest Dallas Fed Energy Survey.
Sep 29, 2023
The leasing program charts sales of Gulf of Mexico oil and gas leases in 2025, 2027 and 2029.
Sep 29, 2023
The oil leasing plan being released by the Interior Department on Friday will contain only a low number of sales, according to people familiar with the deliberations.
Today in Energy
Sep 28, 2023
Weather events in the U.S. Northwest this past spring and summer led to lower water supply, prompting us to reduce our forecast of U.S. hydropower generation by 6% this year compared with last year.
Sep 27, 2023
On August 31, the California Public Utilities Commission (CPUC) voted to increase working natural gas storage by 67% to 68.6 billion cubic feet (Bcf) at Aliso Canyon, which increased the Southern California Gas Company's (SoCalGas) total working natural g…
Sep 26, 2023
Kuwait's oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analysis Brief: Kuwait. In June and July 2023, Kuwait exported more than 1 mi…
Sep 25, 2023
Crude oil production cuts among OPEC+ members are limiting the global supply of medium, sour and heavy, sour grades of crude oil. These cuts are increasing prices for these grades compared with sweet crude oils, reversing typical price relationships.
Sep 21, 2023
Hydropower has played a key and growing role in Ecuador's electricity mix by displacing fossil fuels and helping meet higher domestic electricity demand. In 2011, hydroelectric power accounted for 55% of the country's electricity mix, and electricity from…