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US ENERGY INFORMATION ADMINISTRATION

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    Today in Energy

  • U.S. natural gas storage levels remain above average through injection season
    In our latest Short-Term Energy Outlook, we forecast U.S. working natural gas inventories will reach 3,872 billion cubic feet (Bcf) by the end of October, or 2% more than the previous five-year average for that time of year. Natural gas inventories grew quickly in late April through early June, with... Read more »
  • Even without hurricanes, customers in Puerto Rico lose about 27 hours of power per year
    Even without accounting for electricity interruptions resulting from major events such as hurricanes, customers in Puerto Rico experienced on average 27 hours of power grid interruptions per year between 2021 and 2024. By comparison, electricity customers in the mainland United States generally experience about two hours of electricity interruptions per... Read more »
  • The United States exported 30% of the energy it produced in 2024
    In 2024, the United States exported about 30% of its domestic primary energy production. This percentage has grown considerably in recent decades, according to data in our Monthly Energy Review. Nearly all of the exports were fossil fuels destined for other countries in North America, Europe, or Asia.... Read more »
  • Five countries account for 71% of the world's nuclear generation capacity
    Five countries account for more than two-thirds of the world's total nuclear electricity generation capacity. The United States has the most capacity, followed by France, China, Russia, and South Korea, based on International Atomic Energy Agency (IAEA) data as of June 2025. Globally, 416 nuclear power reactors are operating in... Read more »
  • Russia's oil exports have decreased modestly since 2022, shifting toward Asia
    From 2020 to 2024, crude oil and condensate exports from Russia averaged 5.0 million barrels per day (b/d). Exports from Russia in the first half of 2025 (1H25) were 4.3 million b/d (compared with 4.8 million b/d in 2024). Even as crude oil export volumes from Russia have remained relatively... Read more »
  • Petroleum prices reacted to economic and geopolitical uncertainty in the second quarter
    Energy prices—along with other globally traded commodities, equities, and currencies—were more volatile in the second quarter of 2025 (2Q25) amid significant uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East. The geopolitical uncertainty has affected crude oil prices and refinery margins, and shifting government... Read more »
  • U.S. electricity peak demand set new records twice in July
    Electricity demand in the Lower 48 states exceeded previous peaks on two days in the last week of July.... Read more »

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OILPRICE

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    Oilprice.com

  • Norway’s Oil and Gas Production Tops Forecasts
    Oil and gas production in Norway topped forecasts by nearly 4% in July as crude oil production jumped, data from the Norwegian Offshore Directorate showed on Wednesday. Norway’s crude oil output of 1.958 million barrels per day (bpd) last month exceeded by 8.2% the regulator’s estimate of 1.809 million bpd,... Read more »
  • Indian State Refiners Resume Russian Oil Purchases
    Despite continued pressure from the United States over crude supply from Russia, Indian state refiners have returned to the spot market for purchases of Russian oil, company officials familiar with the matter told Reuters on Wednesday, as discounts for Moscow’s crude grades deepened. Indian Oil Corporation Limited (IndianOil) and Bharat... Read more »
  • Oil Flows via Druzhba Pipeline Resume
    Crude oil flows from Russia to Slovakia and Hungary have been restored after a Ukrainian attack suspended exports earlier this week, Reuters has reported, citing official statements. “The flow of oil to Slovakia is currently standard,” Slovak Economy Minister Denisa Sakova said in a statement, as quoted by the publication.... Read more »
  • EPA Set to Issue Biofuel Waivers for Small Refiners
    The U.S. Environmental Protection Agency may issue a host of waivers for biofuel blending mandates for small refiners, countering a proposal made by the federal government earlier this year for an increase in biofuels blending with regular fuels. In that proposal, the Trump administration eyed an 8% increase in the... Read more »
  • China Prepares to Trim Oil Refining Sector
    The Chinese government is planning to reduce the number of oil refiners and petrochemicals producers in the country in a bid to solve the industry’s problem with overcapacity. According to a Bloomberg report, the authorities will shut down some smaller refineries and upgrade facilities that have become outdated. The latter... Read more »
  • WoodMac: Energy Transition Needs $1.2T In Battery Storage Investments
    A couple of years ago, Bloomberg New Energy Finance (BNEF) made a bold prediction that wind and solar energy will make up half of the planet’s electricity generation by the middle of the century, thanks to the rapid transition to low-carbon energy. However, the intermittent nature of these sources makes... Read more »
  • Aramco’s $2 Trillion Dream Turns Into Investor Letdown
    When Aramco listed on the Tadawul stock exchange in Riyadh, many hailed the move as the listing of the decade and bet on whether it would immediately reach top market cap status. Six years later, Aramco has turned into something of a disappointment—because of oil prices. One could argue with... Read more »

ENERGY DAILY

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    Energy News - Energy Technology - Energy Business - Energy and the Environment

  • BHP books rise in profit on back of Chinese copper demand
    Sydney (AFP) Aug 19, 2025 Australian mining giant BHP on Tuesday reported a bump in yearly profits, as China's appetite for copper helped to counter slumping prices for iron ore and coal. Chief executive Mike Henry trumpeted a strong year "marked by record production", with annual net profits rising 14... Read more »
  • Greta Thunberg, activists block Norway oil refinery
    Oslo (AFP) Aug 18, 2025 /> Some 200 climate activists including Greta Thunberg of Sweden blocked Norway's largest oil refinery on Monday in a protest demanding an end to the country's oil industry, organisers and police said. Activists from Extinction Rebellion sat on the road, blocking the entrance to the... Read more »
  • Asian markets dip after US tech slide
    Hong Kong (AFP) Aug 20, 2025 Asian markets mostly fell Wednesday morning, mirroring a rout of US tech titans the previous day as investors await signals of an interest rate cut in the world's largest economy. The dips also came after top US and European military leaders met in Washington... Read more »
  • China's top diplomat hails 'positive trend' in relations with India
    Beijing (AFP) Aug 19, 2025 Relations between China and India are on a "positive trend" towards cooperation, Chinese Foreign Minister Wang Yi told his Indian counterpart in New Delhi, according to a readout of the meeting... Read more »
  • India celebrates clean energy milestone but coal still king
    New Delhi (AFP) Aug 20, 2025 Non-fossil fuels now account for half of India's installed energy capacity - years ahead of schedule - but the third-largest greenhouse gas polluter remains deeply reliant on coal for electricity generation. "A landmark in India's energy transition journey," Minister of Renewable Energy Pralhad Joshi... Read more »
  • US demand for RVs fuels deforestation on Indonesia's Borneo: NGOs
    Jakarta (AFP) Aug 20, 2025 Tropical wood demand from some of America's top RV brands is fuelling deforestation on the Indonesian island of Borneo, home to Asia's last great rainforest, according to a new investigation by environmental NGOs. The recreational vehicle industry is now the biggest consumer of tropical wood... Read more »
  • Scientists find new quantum behavior in unusual superconducting material
    Houston TX (SPX) Aug 20, 2025 Researchers at Rice University and collaborating institutions have discovered direct evidence of active flat electronic bands in a kagome superconductor. This breakthrough could pave the way for new methods to design quantum materials - including superconductors, topological insulators and spin-based electronics - that could... Read more »

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