Bitumen News

U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

Data source: U.S. Energy Information Administration, U.S. Energy Information Administration, State Energy Data System California accounts for nearly all renewable diesel consumption in the United States, but most...

Publish Date: 2023-07-30

Natural gas prices fall in first half of 2023 amid record production and mild temperatures

Data source: Refinitiv Eikon The average monthly spot natural gas price at the U.S. benchmark Henry Hub fell 34%, or $1.12 per million British thermal units (MMBtu), to...

Publish Date: 2023-07-30

Refinery capacity increased slightly for the first time since the COVID-19 pandemic

Data source: U.S. Energy Information Administration, U.S. Energy Information Administration, Refinery Capacity Report U.S. refining capacity increased slightly for the first time since the COVID-19 pandemic, as of...

Publish Date: 2023-07-30

Texas power grid met record-breaking demand for electricity during recent heat wave

Data source: U.S. Energy Information Administration, Note: Values shown are the maximum hourly reported demand for the day, which may differ from an instantaneous peak in demand. U.S....

Publish Date: 2023-07-30

Cooling commercial buildings is six times more energy-intensive in hot climates than cold

Data source: U.S. Energy Information Administration, U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey (CBECS); ANSI/ASHRAE Standard 169-2021, Climatic Data for Building Design Standards The energy intensity...

Publish Date: 2023-07-30

Eni Beats Estimates Despite 49% Profit Decline

Eni’s (NYSE: E) adjusted net profit for the second quarter exceeded analyst estimates thanks to a very strong gas business despite the 49% earnings slump compared to last...

Publish Date: 2023-07-30

This Company Will Be First In Line When Citgo Sold Off For Creditors

PDVSA creditor Crystallex International Corp. will be first in line to receive a part of the proceeds from the auction of Citgo Petroleum shares later this October, a...

Publish Date: 2023-07-30

500 EVs Among The 3000 Cars On Burning Ship Off Dutch Coast

The massive roll-on, roll-off ship ablaze off the Dutch coast is transporting 500 electric vehicles. The ship's total cargo is around 3,800 vehicles, some of which are BMWs...

Publish Date: 2023-07-30

U.S. Drilling Dips Slightly Amid Rising Oil Prices

The total number of active drilling rigs in the United States fell by 5 this week, according to new data from Baker Hughes published Friday. The total rig...

Publish Date: 2023-07-30

Imperial Oil Earnings Plummet By 72% On Turnaround, Lower Prices

Canada’s Imperial Oil reported on Friday a 72% annual plunge in net income for the second quarter amid lower commodity prices and significant turnaround activities in both the...

Publish Date: 2023-07-30