U.S. biomass-based diesel imports increase 65%, set new record in 2016
(Tue, 21 Mar 2017) U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, increased by 65% in 2016 to reach a record level of 916 million gallons.
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(Tue, 21 Mar 2017) The United Arab Emirates is the seventh-largest petroleum producer in the world and a major exporter of hydrocarbons. The likelihood of further major oil discoveries is low, but the UAE uses enhanced oil recovery (EOR) techniques to increase the extraction rates of the countryâs mature oil and natural gas fields.
Despite growth late in the year, U.S. crude oil production decreased in 2016
(Mon, 20 Mar 2017) Despite increasing crude oil prices throughout most of 2016, total U.S. crude oil production in 2016 was below its 2015 level. However, monthly production began growing in the fourth quarter of the year after declining over the first three quarters.
Increasing exports contribute to large draw on propane inventories this winter
(Fri, 17 Mar 2017) U.S. propane inventories, which had been above historical norms since mid-2014, declined by 59 million barrels from the beginning of October 2016 through early March 2017, the largest decline on record for this period, despite unseasonably mild temperatures.
Dakota Access Pipeline races to start moving Bakken crude
Oil will likely flow through the Dakota Access Pipeline under Lake Oahe in North Dakota early next week and will start commercial service soon thereafter.
U.S. ethanol exports rise 26% in 2016 to second-highest level on record
(Thu, 16 Mar 2017) The United States exported more than 1 billion gallons (68,000 barrels per day) of fuel ethanol in 2016, an increase of 26% from export levels in 2015. U.S. imports of ethanol, which are relatively much smaller, decreased by 60% to 36 million gallons in 2016.
Pivotal moment for South African mining
South Africa is currently redrafting its Mining Charter, hopefully bringing to an end a long period of disagreement and uncertainty.
Midwest, Rocky Mountain regions' production of transportation fuels meeting more of demand
(Wed, 15 Mar 2017) Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by EIA.
U.S. coal exports and imports both decline in 2016 as U.S. remains net coal exporter
(Tue, 14 Mar 2017) The United States remained a net exporter of coal in 2016, exporting 60.3 million short tons (MMst) and importing 9.8 MMst. U.S. coal exports fell for the fourth consecutive year, down 13.7 MMst from 2015, with 2016 exports less than half of the record volume of coal exported in 2012 (125.7 MMst). Slow growth in world coal demand combined with supplier competition were the primary factors contributing to the decline in U.S. coal exports.
Lack of agreed methodology on OPEC compliance leads to confusion: Fuel for Thought
If you are in LNG today, you want to be in Asia, the world’s biggest market for the fuel. While there is opportunity, though, there also is uncertainty.