Energy Update
(Wed, 21 Aug 2024) This report looks at planned global refinery capacity additions to 2028 and the implications on crude oil and refined petroleum product trade.
(Thu, 25 Jul 2024) This report about office buildings describes results from an exploratory, web-only survey that was conducted to learn about changes to commercial buildings following the COVID-19 pandemic.
(Mon, 01 Jul 2024) The East China Sea is a semi-closed sea bordered by the Yellow Sea to the north, the South China Sea and Taiwan to the south, Japan's Ryukyu and Kyushu islands to the east, and the Chinese mainland to the west. It has a total area of approximately 290,000 square miles, consisting of mostly shallow waters; three-fourths of the sea is less than 500 feet deep. In the Okinawa Trough, the depths exceed 6,500 feet.
(Tue, 25 Jun 2024) Chokepoints are narrow channels along widely used global sea routes that are critical to global energy security. The seven chokepoints highlighted in this report and the Cape of Good Hope are part of major trade routes for global seaborne oil transportation. Disruptions to these routes could affect oil prices and add thousands of miles of transit in alternative routes.
(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.
(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.
(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, 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.
(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.
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