Industry News

The organization urged increased vigilance by operators and vessel owners on the NCS.

Oil rallied after a report that Russia will advocate for OPEC+ nations to cut production, heightening supply concerns as deadlines to implement Russian fuel bans approach.

'Do it now. Do it now. Not a month from now - do it now'.

Goldman Sachs Group Inc. sharply lowered its oil price forecasts.

As of 5am EDT on September 27, Hurricane Ian had maximum sustained winds of 125 miles per hour.

In the first six months of 2022, U.S. liquefied natural gas (LNG) imports were the lowest in at least 15 years, averaging 0.08 billion cubic feet per day (Bcf/d), compared with the five-year (2017–21) average of 0.2 Bcf/d for the same period. LNG imports …

In the first half of 2022 (January—June), U.S. exports of petroleum products averaged nearly 6 million barrels per day (b/d), the most first-half-of-year exports in Petroleum Supply Monthly data, going back to 1973. U.S. petroleum product exports increase…

In the most recent update of our table of federal and state motor fuel taxes, state gasoline taxes ranged from as low as 8.95 cents per gallon (/gal) in Alaska to as high as 65.1 cents/gal in California on July 1, 2022. Compared with January 2022, 13 stat…

China has steadily increased its electricity generation over the past 20 years, reaching 7,600 terawatthours (TWh) in 2020 from 1,280 TWh in 2000, according to our recently updated Country Analysis Brief: China. Despite COVID-19 mitigation efforts in 2020…

An extreme heat wave affected California the week of September 4, 2022, driving record-breaking demand for electricity to meet increased air-conditioning use. On September 6, a new record was set in the California Independent System Operator's (CAISO) ter…