Energy Update
(Fri, 27 Feb 2015) Imports data at the company level collected from the EIA-814 Monthly Imports Report.
(Fri, 27 Feb 2015) On February 18, an explosion and fire occurred at ExxonMobil's refinery in Torrance, California. The Torrance refinery, the third-largest refinery in Southern California, has about 20% of the region's fluid catalytic cracking capacity and is an important source of gasoline and distillate fuel oil supply for Southern California.
(Fri, 27 Feb 2015) Monthly natural gas gross withdrawals estimated from data collected on Form EIA-914 (Monthly Natural Gas Production Report) for Federal Offshore Gulf of Mexico, Texas, Louisiana, New Mexico, Oklahoma, Texas, Wyoming, other states and Lower 48 states. Alaska data are from the state of Alaska and included to obtain a U.S. total.
(Fri, 27 Feb 2015) ? Preliminary dry gas production for December 2014 was 2,304 billion cubic feet (Bcf), or 74.3 Bcf/day, the highest on record for any month dating back to 1997. December's production is a 7.7 Bcf/day increase from December 2013?s 66.6 Bcf/day, an 11.6% rise from year to year.
? Preliminary total consumption for December 2014 was 2,693 Bcf, or 86.9 Bcf/day, a decrease of 7.6% from December 2013's 2,915 Bcf, or 94 Bcf/day.
Saudi Arabia's state-owned oil company Saudi Aramco is planning to commence initial operation of the new 400,000 barrels per day refinery complex in Jizan in 2017.
300 pounds: That’s how much coal was not burned in a distant power plant in December as a result of the solar panels we installed on our house in Wyoming this fall. Being December, it was our lowest monthly generation period, with low sun angles and periodic snow covering our panels. The Copelands’ home solar project. Photo: Creative Energies An as
EOG Resources made the call of forfeiting production growth this year, in contrast to many oil companies cutting capex but assuring the market they can still grow production.
In 2014, Mitsubishi Heavy Industries (MHI)formed a joint venture with Vestas called MHI Vestas Offshore Wind. The strategy behind that joint venture is now substantially clearer. MHI’s decision to stop the commercialization of its 7 MW SeaAngel offshore wind turbine, to focus instead on the Vestas V164-8.0 MW turbine under MHI Vestas Offshore Wind,
Much has been made of the domestic light sweet crude flooding US markets, and we attempted to capture some key points about Light Houston Sweet in this infographic.
Google Inc. is making its largest bet yet on renewable energy, a $300 million investment to support at least 25,000 SolarCity Corp. rooftop power plants.
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