U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.

The Mexican oil company Pemex plans to invest more than US$1bn to develop and operate the Xanab offshore oil field

The US State Department on Thursday set sanctions against companies in Dubai, Hong Kong, and Shanghai,

U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production.

Renewables only accounted for 18.2% of total energy generated by November 2019, while coal alone produced 23.4% of the country’s electricity.

U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244

U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019

U.S. and Canadian oil and natural gas exploration and production company bankruptcies totaled 42 in 2019, up from 28 in 2018,

U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.

The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.

Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .

Since US LNG exports from the Lower 48 began in February 2016, Europe has received 28.3 Bcm of gas equivalent,

Total US LNG feedgas volumes reached a new all-time high of 9.4 Bcf/d Tuesday, after exceeding 9 Bcf/d for the first time on January 19.

U.S. Industrial production declined 0.3 percent in December, as a decrease of 5.6 percent for utilities outweighed increases of 0.2 percent for manufacturing and 1.3 percent for mining.

The firm has committed to a $13 billion program to refurbish six of the units which will significantly extend their operating lives. It follows that any new construction of SMRs, or anything else such as a molten salt or other type of advanced unit,, will have to get past a significant financial hurdle in terms of verified cost competitiveness for any utility to decide to proceed with it.