Industry News

Industry Headlines
Feb 20, 2024
One energy expert is now saying the IEA's forecasts have become politicized by its member countries' climate goals.
Feb 20, 2024
Oil fell as concerns about a longer period of elevated interest rates weighed on broader sentiment, countering signs of a tightening physical oil market.
Feb 20, 2024
A wind repower has significant upside over a new build, Enverus Intelligence Research Vice President Scott Wilmot said.
Feb 20, 2024
The majority of the latest monthly balance reports point to improving oil market fundamentals, the Head of Commodities Research at Standard Chartered Bank noted in a report sent to Rigzone.
Feb 20, 2024
OEUK's CEO says the group remains 'deeply concerned about what Labour's proposals could do'.
Today in Energy
Feb 20, 2024
Operators plan to retire 5.2 gigawatts (GW) of U.S. electric generating capacity in 2024, a 62% decrease from last year when 13.5 GW was retired and the least in any year since 2008, according to our latest Preliminary Monthly Electric Generator Inventory…
Feb 15, 2024
Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator Inventory. This addition would be 55% more added capacity than the …
Feb 14, 2024
In our International Energy Outlook 2023 (IEO2023), we project natural gas consumption to more than triple in India by 2050. We project annual growth of 4.4% over that period, more than twice the 2.0% annual growth rate of natural gas consumption in China…
Feb 13, 2024
Spot petroleum product prices at the Chicago trading hub are increasing after an unplanned outage of bp's refinery in Whiting, Indiana, on February 1. The 435,000-barrel-per-day (b/d) refinery, the largest in the Midwest (PADD 2), has been offline since t…
Feb 12, 2024
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million British thermal units (MMBtu), in our February Short-Term Energy Outlook (STEO). We forecast increase…