Aenert news. Energy Market & Energy StatisticsEurostat published the statistical overview on crude oil and petroleum products covering the period between 1990 and 2022. Looking at the EU oil consumption trends shown in the table below, there has been a decrease in oil consumption, with an overall decline of approximately 17% over the last 20 years (2002-2022). During this period, the lowest...
Aenert news. Energy CompaniesThe end of 2023 was marked by an unpleasant surprise for the photovoltaics industry, although the prerequisites for this had existed before. After the relative prosperity of the previous few years, a financial storm struck in 2023Q4, sending many companies into crisis. Something similar has happened in the last two years in the wind energy industry, which we have...
Aenert news. Energy Market & Energy StatisticsEurostat presented basic data on the state of the economy of the European Union countries for the fourth quarter of 2023. Before analyzing energy indices, which are the most relevant for our topic, it is advisable to look at individual indices of a general economic nature. The industrial production index (is a business cycle indicator that measures monthly changes...
Aenert news. Energy CompaniesLast year's wind energy crisis, which has been brewing for some time now, has affected many companies, including industry leaders. In this brief review, we present data from last year's financial statements of the Chinese Goldwind, the Danish Vestas and the Vernova division of the American General Electric. Each of these companies are leaders in their local...
Aenert news. Energy Market & Energy StatisticsAccording to a recent report from the US Energy Information Administration, the country's oil and gas production continued to record growth in the fourth quarter of 2023. Thus, crude oil production increased by 1.7% compared to the previous quarter to 13,284 Thousand Barrels per Day, which was the highest achievement for the entire period of recording this...
Aenert news. Energy CompaniesThe development and subsequent industrial development of shale gas and tight oil production technologies, which was carried out at the beginning of this century in the USA, made significant changes to the oil and gas balance at the global level. Today, of the approximately 13 million Barrels per Day of oil produced in the United States, more than 60% is tight oil....
Aenert news. Energy Market & Energy StatisticsA snapshot of the European Union (EU) international trade in goods from 2019, based on quarterly data, is presented in an article by Eurostat. The types of goods traded outside the EU are analysed with a focus on five main partners: China, the United States, the United Kingdom, Switzerland and Russia. In the last quarter of 2023, imports decreased by 1.6 %...
Aenert news. Energy Market & Energy StatisticsThe Eurostat has published data on electricity prices in the first half of 2023 compared to the first half of 2022 in the European Union (EU) and a number of other countries such as Iceland, Norway, Montenegro, Albania, Serbia, Turkey, Georgia and Ukraine, etc. In general, compared to the first half of 2022, household electricity prices increased in the first half...
Aenert news. Energy CompaniesHalliburton, Schlumberger and Baker Hughes reported their results for the fourth quarter of 2023 and for the year as a whole. These companies constitute a pool of world leaders in the field of the latest oil and gas production technologies designed for the most complex underground reservoirs, the extraction of various types of unconventional fossil resources, and...
Aenert news. Energy Market & Energy StatisticsAccording to recently published data from the National Bureau of Statistics of China for the fourth quarter of 2023, the country's gross domestic product (100 million yuan) amounted to 347,890.1 versus 333,990.7 in the same quarter a year earlier (an increase of 4.2%). At the same time, the industrial capacity utilization rate of industrial enterprises throughout...
