USA - Over the last four weeks, crude oil imports averaged about 8.0 million barrels per day, 5.9% above the same four-week period last year.. - eia

NEWS Release - Weekly Petroleum Status Report

U.S. crude oil refinery inputs averaged over 16.4 million barrels per day during the week ending December 2, 2016, 134,000 barrels per day more than the previous week’s average. Refineries operated at 90.4% of their operable capacity last week. 

Energy - Global market projections for renewable energy solutions in line with the long term decarbonisation objectives have been estimated at about EUR 6,800 billion for the 2014-2035 period, with high growth potential especially outside Europe .. - EU

Press Release- European Commission - Fact Sheet  - Achieving global leadership in renewable energies - Brussels, 30 November 2016

Renewable electricity, cleaner heating and cooling, decarbonised transport, empowered consumers and at least 27% renewables in the EU will bring clean energy for all Europeans.

USA - Distillate fuel production increased last week, averaging 4.8 million barrels per day.. - eia

NEWS Release - Weekly Petroleum Status Report

U.S. crude oil refinery inputs averaged over 15.8 million barrels per day during the week ending November 4, 2016, 369,000 barrels per day more than the previous week’s average.

Global Economy - The oil markets equilibrate but rather slowly, with large episodic swings between low and high oil prices .. - Working Paper

Publication -  Oil Prices and the Global Economy : Is It Different This Time Around?  - Author/Editor: Mr. Kamiar Mohaddes ; M. Hashem Pesaran

USA - Even a nuclear plant suspended operation - The Fort Calhoun Nuclear Generating Station, located near Omaha, Nebraska, shut down on Monday, October 24 .. - eia

Publication - Fort Calhoun becomes fifth U.S. nuclear plant to retire in past five years - OCTOBER 31, 2016

The Fort Calhoun Nuclear Generating Station, located near Omaha, Nebraska, shut down on Monday, October 24, after the Omaha Public Power District voted in June to retire the plant, citing economic reasons as the main cause.

USA - Global offshore oil production from deepwater projects reached 9.3 million barrels per day (b/d) in 2015, and has increased 25% from nearly 7 million b/d a decade ago .. - eia

Publication - Offshore oil production in deepwater and ultra deepwater is increasing - OCTOBER 28, 2016

USA - The U.S. average retail price for regular gasoline was $2.24/gallon (gal) on August 29, the lowest price on the Monday before Labor Day since 2004, and 27¢/gal lower than the same time last year. .. - eia

Publication - Gasoline prices prior to Labor Day lowest in 12 years  - SEPTEMBER 2, 2016

The U.S. average retail price for regular gasoline was $2.24/gallon (gal) on August 29, the lowest price on the Monday before Labor Day since 2004, and 27¢/gal lower than the same time last year. 

USA - U.S. crude oil imports averaged over 8.9 million barrels per day last week, up by 275,000 barrels per day from the previous week... - eia

Press Release - Weekly Petroleum Status Report

U.S. crude oil refinery inputs averaged over 16.6 million barrels per day during the week ending August 26, 2016, 64,000 barrels per day less than the previous week’s average.

EU - loan €190 million for the expansion and refurbishment of existing power plants on 18 islands not connected to the electricity grid of the mainland in Greece . ..

Press Release - State aid: Commission approves Greek support to improve electricity generation on non-interconnected islands

The European Commission has found Greek plans to support the modernisation of power plants on non-interconnected Greek islands to be in line with EU state aid rules.

USA - In Japan, South Korea, and China, reduced demand for natural gas in the power sector, driven by slower economic growth and lower-priced competing fuels, resulted in reduced LNG consumption in 2015... - eia

Publication -  As Japan and South Korea import less LNG, other Asian countries begin to import more

Japan, South Korea, and China are the three largest importers of liquefied natural gas (LNG) in the world, accounting for more than half of global LNG imports in 2015. Combined LNG imports in these countries averaged 18.2 billion cubic feet per day (Bcf/d) in 2015, a 5% (0.9 Bcf/d) decline from 2014 levels and the first annual decline in these countries' combined LNG imports since the global economic downturn in 2009.

The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second quarter...

NEWS Release -  World Bank Raises 2016 Oil Price Forecast

Oil prices seen higher due to supply disruptions, strong demand in second quarter

USA - In 2015, natural gas consumption increased more than any other energy source, accounting for 29% of total primary energy consumption .. - EIA

NEWS Release -  Changing U.S. energy mix reflects growing use of natural gas, petroleum, and renewables

Primary energy consumption fell slightly in 2015 as a decline in coal use exceeded increases in natural gas, petroleum, and renewables use. In most cases, changes between 2014 and 2015 reflect longer-term trends in energy use.

EU - Despite a projected decrease in EU fossil fuel production, net fuel imports will decrease and the EU's import dependency will only slowly increase over the projected period. That is mainly due to the higher share of renewable energy sources (RES) and significant energy efficiency improvements, while nuclear production remains stable. ..

Publication -  European Commission publishes latest energy, transport and emission projections in EU Reference Scenario 2016

USA - First-quarter 2016 financial results from U.S. onshore producers reveal an improving balance between capital expenditure and operating cash flow.. - EIA

Publication -  U.S. oil companies closer to balancing capital investment with operating cash flow

Although the crude oil price decline since 2014 has led to significant reductions in operating cash flow for U.S. oil companies, their immediate financial situations are improving. As oil companies' spending falls and crude oil prices increase, the need for oil companies to find external sources of funding may decline, which could reduce financial strain in the coming quarters.

USA - In 2015, fossil fuels made up 81.5% of total U.S. energy consumption, the lowest fossil fuel share in the past century.. EIA

Publication -   Fossil fuels still dominate U.S. energy consumption despite recent market share decline

Three fossil fuels—petroleum, natural gas, and coal—have provided more than 80% of total U.S. energy consumption for more than 100 years. 

USA - At 526.6 million barrels, U.S. crude oil inventories are at historically high levels for this time of year. Total motor gasoline inventories increased by 1.4 million barrels last week, and are well above the upper limit of the average range... EIA

NEWS Release - Weekly Petroleum Status Report

U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week ending June 24, 2016, 190,000 barrels per day more than the previous week’s average. Refineries operated at 93.0% of their operable capacity last week. 

Today, the world's cities are uniting their efforts to fight climate change behind a single global organisation, something that has never before happened .. EU

NEWS Release -  Global city movements join forces in the fight against climate change

Two major global initiatives to fight climate change at city level are merging to create an alliance of more than 7,100 cities across the world called the Global Covenant of Mayors for Climate and Energy.

In 2015, 3.7 trillion kilowatthours (kWh) of electricity were sold, and total electricity sales are projected to rise 0.7% annually through the projection period .. USA - EIA

NEWS Release  -  Total U.S. electricity sales projected to grow slowly as electricity intensity declines

Electricity sales, as projected in the U.S. Energy Information Administration's most recent Annual Energy Outlook(AEO2016) Reference case, increase in each sector through 2040. In 2015, 3.7 trillion kilowatthours (kWh) of electricity were sold, and total electricity sales are projected to rise 0.7% annually through the projection period. 

Unexpected supply cuts and outages in North America, Africa and South America dampen global production forecasts ... IEA

Press Release - IEA releases Oil Market Report for June

Outages in OPEC and non-OPEC countries cut global oil supply by nearly 0.8 mb/d in May. At 95.4 mb/d, output stood 590 kb/d below a year earlier - the first significant drop since early 2013. 

Day two at the EU Sustainable Energy Week Policy Conference opens the day with a focus on EU funding available for innovative developments in sustainable energy ..

NEWS Release - Innovative finance, heating and cooling and much more – Wednesday at EU Sustainable Energy Week

Day two at the EU Sustainable Energy Week Policy Conference opens the day with a focus on EU fundingavailable for innovative developments in sustainable energy. Attendees will also get the chance to network with European Investment Bank (EIB) and European Agency for Small and Medium-Sized Enterprises (EASME) staff.