Downstream

This post was originally published on this siteCanadian start-up Ventbuster Instruments released a new video to launch the New Year. The video showcases their unique technology and its capabilities and highlights our industry’s work to mitigate emissions and advance energy in our evolving world. We also learn that their technology has been developed to solve […]

This post was originally published on this siteJanuary 4, 2022 Colonial Pipeline Co is allocating space for Cycle 3 shipments on Line 1, its main gasoline line, the company said in a notice sent to shippers on Tuesday. Committed information will be available on Jan. 6, the company said. Colonial’s Line 1, with a capacity

This post was originally published on this siteJan 3, 2022 (Bloomberg) As goes January, so goes the year. That’s the theory of a phenomenon known as the “January Barometer,” which suggests that if the stock market rises during the first month of the year, further gains may be in store for the next 11 months. Since

This post was originally published on this siteJan 4, 2022 (Bloomberg)OPEC and its allies are poised to revive more halted oil production when they meet on Tuesday after predicting a tighter outlook for global markets. The 23-nation alliance led by Saudi Arabia and Russia is on track to ratify another modest output revival of 400,000

This post was originally published on this siteJan 4, 2022(Bloomberg) Oil fluctuated before an OPEC+ meeting that’s expected to see the alliance agree to another output boost next month. Futures in New York swung between gains and losses near $76 a barrel. OPEC+ is set to ratify a 400,000-barrel-a-day increase for February when it gathers on Tuesday,

This post was originally published on this siteJan 3, 2022 (Bloomberg) Oil exports from Venezuela doubled in December from a year earlier as the country raises production of revenue-generating hydrocarbons in defiance of U.S. sanctions. Shipments averaged 619,000 barrels a day in December. The OPEC-founding member increased exports for a third straight month with the support

This post was originally published on this siteCAIRO, Jan 3 (Reuters) – OPEC’s secretary general-elect said on Monday that global oil demand should return to its pre-pandemic levels by the end of 2022, Al Arabiya news channel reported. Haitham al-Ghais, a former Kuwaiti governor to OPEC, also told the Saudi-owned TV channel that the OPEC+

This post was originally published on this siteJanuary 3, 2022 U.S. crude oil inventories were expected to have dropped for the sixth consecutive week, while gasoline and distillate inventories likely rose last week, a preliminary Reuters poll showed on Monday. Five analysts polled by Reuters estimated on average that crude stocks decreased by about 3.4

This post was originally published on this siteJan 3, 2022 (Bloomberg) The U.S. was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe.Output from American facilities edged above Qatar in December due largely to a jump in exports from

This post was originally published on this siteFREMONT, Calif., Jan. 03, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it has completed the previously announced acquisition of ClipperCreek. Based in Auburn, Calif., ClipperCreek offers electric vehicle (EV)