(Mon, 10 Jun 2024) The United Kingdomâs Rosebank field is expected to contain 300 million barrels of recoverable oil with a peak flow of 70,000 barrels per day starting in 2027; this new field could slow the UKâs declining oil production. U.S. liquefied natural gas has become a major source of natural gas in the UK, while five new international interconnectors have led to a surge in the UKâs electrical trade.
(Thu, 30 May 2024) Canada is a major energy producer, consumer, and exporter with a diverse and dynamic energy sector. Historically, hydroelectric power dominated Canadaâs energy mix, but oil and natural gas production have grown. The majority of Canada's oil and natural gas output is in Alberta; in contrast, hydroelectric and renewable energy make up a larger share of energy output in Quebec and British Columbia.
(Wed, 29 May 2024) Guyana's petroleum production has grown rapidly, increasing from 15,000 barrels per day (b/d) in December 2019, when crude oil production in the country began, to 630,000 b/d in January 2024. Three additional projects are underway with the potential to reach a combined production capacity of 1.3 million b/d of crude oil by 2027.
(Thu, 04 Apr 2024) The Republic of the Congo, or Congo Brazzaville, is a significant regional hydrocarbons producer in sub-Saharan Africa. Most of Congo Brazzavilleâs hydrocarbons production is located offshore. Congo Brazzaville holds sizable proved natural gas reserves but only a small portion of the reserves is commercialized because of a lack of natural gas infrastructure. Congo Brazzaville exports most of its crude oil production, and revenues from crude oil exports play a large role in its economy, making its economy vulnerable to crude oil price volatility.
(Thu, 21 Mar 2024) The South China Sea is a critical world trade route, which had 10 billion barrels of petroleum and petroleum product and 6.7 trillion cubic feet (Tcf) of liquefied natural gas (LNG) trade passing through it in 2023. It stretches from Singapore and the Strait of Malacca in the southwest to the Strait of Taiwan in the northeast.
(Wed, 20 Mar 2024) In April 2023, armed conflict broke out in Khartoum, the Sudanese capital city, between the Sudanese Armed Forces (SAF), under the leadership of General Abdel Fattah al-Burhan (who is also the current leader of the military-led government), and the paramilitary Rapid Support Forces (RSF), under the leadership of Mohamed Hamdan Dagalo (also known as Hemedti).
(Wed, 20 Mar 2024) Sudan has had two civil wars since it gained independence in 1956. The second civil war ended in 2005 and eventually led to South Sudan becoming an independent nation-state. The secession of South Sudan significantly affected Sudanâs economy because Sudan lost 75% of its oil reserves to South Sudan. Disruptions in oil production, disputes over oil revenue sharing, and lower oil prices have negatively affected both economies.
(Wed, 28 Feb 2024) ISO-New England (ISONE) earlier this month issued the results of its Forward Capacity Auction (FCA) #18, covering commitment period June 2027 to May 2028. Under FCA #18 ISONE secured resource commitments of 31,556 megawatts (MW), or nearly the same as the 31,370 MW cleared in FCA #17. About 2,000 MW less capacity cleared the past two auctions compared with the 33,956 MW cleared in FCA #14, which is the current commitment period of June 2023 to May 2024.
(Wed, 14 Feb 2024) Iraq holds some of the worldâs largest oil reserves and is the second-largest producer in OPEC after Saudi Arabia. Although Iraq intends to increase its crude oil production capacity, Iraqâs export infrastructure is constrained and midstream projects are often delayed because of insufficient investment and bureaucratic hurdles. In addition, Turkey stopped crude oil flows from northern Iraq through the Iraq-to-Turkey pipeline in March 2023, which has severely limited northern Iraqâs crude oil exports.
(Fri, 05 Jan 2024) We have created a new dashboard of renewable electric energy in our U.S. Energy Atlas. This dashboard will consolidate the previous Biomass, Geothermal, Hydroelectric, Wind, and Solar maps into one new product that includes a map as well as charts and tables. This new tool provides stakeholders the ability to make selections and filter by state or renewable source.
