The Panama Canal keeps saving for a rainy day
The extreme drought has forced the Canal to implement further measures, reducing bookings slot numbers to 25, starting November 3rd, and, unfortunately, it only goes south from then on.
Read moreThe extreme drought has forced the Canal to implement further measures, reducing bookings slot numbers to 25, starting November 3rd, and, unfortunately, it only goes south from then on.
Read moreThe United States exported more natural gas in the first half of 2023 (1H23) than it did in the same period of any previous year. Natural gas exports averaged 20.4 billion cubic feet per day (Bcf/d), 4% (0.8 Bcf/d) more than in 1H22, according to EIA's Natural Gas Monthly.
Read moreAccording to EIA, record volumes of crude oil were imported into China during the first half of 2023 because of refinery expansions in the country and initiatives to reopen the economy after the government eased COVID-19 mobility restrictions.
Read moreAccording to data from CEDIGAZ, the United States exported more liquefied natural gas (LNG) than any other country in the first half of 2023 (1H23), EIA highlights.
Read moreThe U.S. Energy Information Administration (EIA) informs that U.S. refining capacity increased slightly for the first time since the COVID-19 pandemic, as of January 1, 2023, reversing two years of decline, according to its annual Refinery Capacity Report.
Read moreAs U.S. Energy Information Administration (EIA) forecasts in its latest latest Short-Term Energy Outlook (STEO), that there will be higher crude oil prices in the second half of 2023 and into 2024, because of moderate but persistent inventory drawdowns.
Read moreAccording to EIA, international proved crude oil and natural gas declined by 5.6 billion barrels of oil equivalent (BOE) in 2022, or 2%, according to data from 187 companies’ annual financial reports.
Read moreIn 2022, global trade in liquefied natural gas (LNG) set a record high, averaging 51.7 billion cubic feet per day (Bcf/d), a 5% increase compared with 2021, according to EIA.
Read moreIn this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the effect of Saudi Arabia’s crude oil production cuts and exports.
Read moreAccording to EIA, U.S. natural gas production grew by 4% (4.9 billion cubic feet per day ) in 2022, averaging 119 Bcf/d. Three regions, Appalachia, Permian, and Haynesville, accounted for 60% of all U.S. production in 2022, similar to the proportion in 2021.
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