Germany, which currently produces 13% of its gas demand from domestic reservoirs, could meet this proportion of its energy consumption from unconventional resources for 100 years, German oil and gas producer Wintershall said Tuesday. ...
Tags: gas, gas demand, gas resources
China should take advantage of relatively low coal prices and import more to satisfy electricity demand in its most populous provinces, instead of relying on domestic coal, which is expensive to transport, according to a Chinese government ...
Tags: domestic coal, coal prices, coal
US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
US Atlantic Coast motor gasoline stocks rose 651,000 barrels to 60.463 million barrels in the week that ended Friday, which is the highest level in nearly a year, according to US Energy Information Administration data released Wednesday. ...
Tags: US Atlantic Coast, gasoline, energy
Oil futures settled lower Monday after extending an overnight slide that saw the front-month NYMEX crude contract trade below $90/barrel for the first time since December 26. NYMEX April crude settled 56 cents lower at $90.12/b, while ICE ...
Tags: Oil futures, Brent crude, Oil Price
The NYMEX April natural gas futures contract settled 5.2 cents higher at $3.486/MMBtu Thursday on the back of a US Energy Information Administration storage withdrawal number that was above expectations and new data indicating a decrease in ...
Tags: NYMEX April natural gas, US Energy Information, production decrease
Natural gas output in the US Lower 48 states fell 1.1%, or 830,000 Mcf/d, in December compared with November, the US Energy Information Administration said Thursday in its monthly gas gross production report. Total US Lower 48 gas ...
Tags: natural gas, US, Natural Gas Production
Solar energy production in the US increased by 138.9% last year compared to 2011, according to the latest issue of the US Energy Information Administration’s (EIA) Electric Power Monthly. EIA’s report also says the top ...
Tags: Solar energy, US, EIA
NYMEX April crude settled 29 cents higher at $93.13/barrel Friday after a largely rangebound trading session, bouncing back slightly after a two-day selloff. "We're pretty unchanged with the market attempting to stabilize after the ...
The NYMEX February crude contract broke out of a narrow trading band immediately ahead of the 1:15 p.m. EST (1815 GMT) cessation of trading on the NYMEX contract to end the day 9 cents lower at $95.47/b. Prior to 12:30 p.m. EST (1730 ...
Tags: crude oil, NYMEX, macroeconomic indications, US
US Gulf Coast premium gasoline differentials fell Thursday amid thin buying interest, as spot demand for the fuel remained weak despite an upward move in the underlying NYMEX February RBOB futures basis. The 13.5 RVP premium gasoline ...
Tags: US, gasoline, gasoline differentials
Analysts expect that the US Energy Information Administration on Thursday will estimate a natural gas storage withdrawal of between 137 and 141 Bcf for the reporting week ended Friday. A drawdown within expectations would be greater ...
Tags: US Energy Information Administration, natural gas, gas storage
Natural gas output in the US Lower 48 states rose 0.4%, or 320,000 Mcf/d in October compared with September, the US Energy Information Administration said Monday in its monthly gas gross production report. The report had been delayed by a ...
Tags: natural gas, output, US, October
US commercial crude stocks likely rebounded slightly last week, following a massive bout of end of year destocking over the prior week, according to a Platts survey of analysts conducted Monday. Analysts polled expect crude stocks to have ...
Tags: US, commercial crude stocks, last week, analysts
US propane and propylene stocks fell 2.18 million barrels to 66.67 million barrels in the reporting week that ended December 28, the US Energy Information Administration said Friday. Midwest supplies fell 585,000 barrels to 23.06 million ...