Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.
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US crude almost 11 million bpd in April
EIA expects Brent to average $65 per barrel in 2nd quarter, $61 in 2nd half of year and in 2022, with WTI above $55 through 2022
Kristen Nelson
Petroleum News
In its May Short-Term Energy Outlook, issued May 11, the U.S. Energy Information Administration said U.S. crude oil production continues to rise.
While the most recent data, for February, shows a drop, to 9.9 million barrels per day, down 1.2 million bpd from January, EIA said it believes that is a..
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Brent steady
Growth was driven by competitive power prices, growing consumption of electricity, adequate availability of domestic coal, and commencement of real-time market
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LONDON, May 14 (Reuters) - Natural gas, long touted as a transition fuel by policymakers and industry, is losing its appeal for some producers in Europe as they try to reach net-zero emissions.
Below are examples of projects that have been dropped, gas asset sales and companies shifting focus.
SOLD AND SCRAPPED
Earlier this year, Drax Group, which aims to become carbon negative by 2030, scrapped plans for a new 3.6 gigawatt (GW) gas-fired power plant in Britain, which would have been the largest in Europe.
“The future of gas power generation fuel is getting shorter all the time,” Drax Group Chief Executive Will Gardiner said at the time.