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The latest news on Energy from the US Energy information administration
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In July 2017, Mexico’s national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies. This is the first time non-state entities were offered access to the Burgos Basin for development since the creation of the national oil company Petróleos Mexicanos (PEMEX) in 1938.
Posted: August 22, 2017, 1:10 pm
From 2006 to 2015, annual average heat rates of natural gas-fired electricity generators decreased 7% as heat rates of coal-fired electricity generators remained stable, increasing only 1%. Heat rates are calculated based on the amount of energy (measured in British thermal units) reported to EIA that was used to generate a unit of electricity.
Posted: August 21, 2017, 1:10 pm
The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 million barrels per day (b/d) in 2016, are important chokepoints for Europe’s crude oil and petroleum liquids supply. Nearly 59 million b/d of global petroleum and other liquids production moved on maritime routes in 2015.
Posted: August 18, 2017, 1:00 pm
Gasoline production by U.S. refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. U.S. gasoline inventories also remain relatively high despite growing domestic and foreign demand.
Posted: August 17, 2017, 1:00 pm
As new pipeline projects and expansions are completed, the difference between the Henry Hub national benchmark price and daily spot natural gas prices at pricing hubs in the Appalachian region has narrowed.
Posted: August 16, 2017, 1:00 pm
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