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Heat wave gripping eastern, central U.S. to intensify over weekend

1 day ago DieselGasoil Comments Off on Heat wave gripping eastern, central U.S. to intensify over weekend
NEW YORK (Reuters) – A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit (38°C) in Washington, D.C., and prompting utilities to take steps to prevent power outages. Visitors from Chile, Emilia Aguirre, 14, Beatriz Catalan, 14, and Magdalena Chahuan, Read More

Heat wave broils eastern, central U.S., utilities poised for demand

1 day ago DieselGasoil Comments Off on Heat wave broils eastern, central U.S., utilities poised for demand
NEW YORK (Reuters) – A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit (38°C) in Washington, D.C., and leading utilities to take steps to prevent power outages. Visitors from Chile, Emilia Aguirre, 14, Beatriz Catalan, 14, and Magdalena Chahuan, Read More

EIA: Iran drove unplanned OPEC production outage to highest levels since 2015

2 days ago DieselGasoil Comments Off on EIA: Iran drove unplanned OPEC production outage to highest levels since 2015
7/18/2019 WASHINGTON – The U.S. Energy Information Administration (EIA) said unplanned crude oil production outages for the Organization of the Petroleum Exporting Countries (OPEC) averaged 2.5 MMbpd in the first half of 2019, the highest six-month average since the end of 2015. EIA estimates that in June, Iran alone accounted for more than 60% (1.7 Read More

Does renewables pioneer Germany risk running out of power?

3 days ago DieselGasoil Comments Off on Does renewables pioneer Germany risk running out of power?
FRANKFURT (Reuters) – Germany, a poster child for responsible energy, is renouncing nuclear and coal. The problem is, say many power producers and grid operators, it may struggle to keep the lights on. FILE PHOTO: Water vapour rises from the cooling towers of the Jaenschwalde lignite-fired power plant of Lausitz Energie Bergbau AG (LEAG) in Read More

Iran drives unplanned OPEC crude oil production outage to highest levels since late 2015

3 days ago DieselGasoil Comments Off on Iran drives unplanned OPEC crude oil production outage to highest levels since late 2015
July 17, 2019 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, July 2019Note: OPEC disruptions include crude oil only. Unplanned crude oil production outages for the Organization of the Petroleum Exporting Countries (OPEC) averaged 2.5 million barrels per day (b/d) in the first half of 2019, the highest six-month average since the end of 2015. Read More

Analysis: Singapore 95/92 RON gasoline spread at 14-month high on octane booster demand

5 days ago DieselGasoil Comments Off on Analysis: Singapore 95/92 RON gasoline spread at 14-month high on octane booster demand
The FOB Singapore 95/92 RON gasoline spread rebounded Monday from multi-year lows seen in June to a 14-month high, fueled by a surge in octane boosters demand, industry sources told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The 95/92 RON gasoline spread — the difference Read More

Sunrun Announces Date and Conference Call Details for Second Quarter 2019 Earnings Report

5 days ago DieselGasoil Comments Off on Sunrun Announces Date and Conference Call Details for Second Quarter 2019 Earnings Report
SAN FRANCISCO, July 15, 2019 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN) today announced that it will issue its second quarter 2019 earnings report after the market closes Wednesday, August 7, 2019. A conference call has been scheduled to discuss these earnings results at 2:00 p.m. Pacific Time. The conference call can be accessed live via Read More

Analysis: Asian distillate refining margins receive boost from plant issues

6 days ago DieselGasoil Comments Off on Analysis: Asian distillate refining margins receive boost from plant issues
Singapore — A recent slew of issues at refineries around the globe has provided a much-needed boost to Asian refining margins in July, improving overall regional fundamentals and opening arbitrage opportunities. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The gasoline market, which has been grappling with a supply Read More

Barry drenches Louisiana after weakening to tropical storm

7 days ago DieselGasoil Comments Off on Barry drenches Louisiana after weakening to tropical storm
NEW ORLEANS (Reuters) – Hurricane Barry weakened to a tropical storm as it made landfall in Louisiana on Saturday, after a westward shift that appeared to spare low-lying New Orleans from the massive flooding feared earlier this week. The National Hurricane Center, which had labeled Barry the first Atlantic hurricane of 2019 just hours earlier, Read More