Tag: US

European gas inventories have reached record levels, amid a week demand which has caused excess gas moving into storage, putting pressure on producers to cut supply.

The United Nations Conference on Trade and Development (UNCTAD) published a study according to which total commodity exports to China could fall dramatically as a result of the coronavirus crisis. 

NOAA's Climate Prediction Center, a division of the US National Weather Service, forecasts an above-normal 2020 Atlantic hurricane season, running from June 1 through November 30. The outlook predicts a 60% chance of an above-normal season, a 30% chance of a near-normal season and only a 10% chance of a below-normal season. 

NOAA Fisheries revealed plans to use autonomous surface vehicles for collecting some critical data to support management of commercial fishery in Alaska. This will help fill the information gap resulting from the cancellation of surveys due to COVID-19.

National Oceanic and Atmospheric Administration (NOAA) and the U.S. Commerce Department’s Bureau of Economic Analysis (BEA) issued a report concerning the maritime economy, goods and services of the US. 

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four companies for operating in the oil sector of the Venezuelan economy. OFAC lalso identified four vessels as blocked property.

The US was the world's largest CO2 emitter from oil and gas in absolute terms in 2018. Among the top 10 oil and gas producing countries, Canada had the highest CO2 emission intensity per boe produced, while Norway had the lowest, Rystad Energy says.

Four US institutions have received $1.1 million in grants to support regional fisheries studies that will collect data vital to the ongoing development of the offshore wind industry in North America.

Producers were operating the fewest oil and natural gas drilling rigs on record in the US at 339 on May 12, according to EIA. This is the lowest rig count data since 1987.

On Tuesday, May 19, an explosion followed by a fire took place at a tank farm adjacent to the Galveston Ship Channel led to two injuries, according to local sources.