Ecuador’s revenue from crude oil exports was $598 million in January, down about 44% from a year earlier due to lower world crude oil prices. Lower oil prices are expected to drag down economic growth in a country whose oil sector generates about one-quarter of total government revenue and about half of its total exports.

The US oilrig count fell for the 13th straight week as the US sinks deeper in a glut of excess crude oil. The country’s rig count is down 43% since October, an unprecedented decline.

US exports of petroleum products averaged a record 3.8 million barrels per day in 2014—an increase of 347,000 b/d from 2013. Exports of motor gasoline, propane, and butane increased over this time.

Last week the Canadian government reported the crude oil and natural gas potential in the country’s Northwest Territories is “world class,” estimating the territory holds as much as 7 billion barrels of oil and 80 trillion cubic feet of natural gas.

15% of all energy consumed in the European Union in 2013 was generated from renewable sources.

Three out of the 28 European Union member states have already surpassed their goal of producing a larger % of of their total energy from renewable sources by 2020. Sweden had one of the most ambitious goals, planning to produce 49% of its energy from renewable sources by 2020. It’s already gone further than that, with 52.1% from renewable sources in 2013. Bulgaria and Estonia also are producing more than they had been targeting, five years ahead of schedule. Lithuainia has hit its 23% target, while Romania and Italy are within half a percentage point of theirs. Other countries are lagging far behind. The UK, which wants to produce 15% of its total energy from renewable sources by 2020, was only managing 5.1% in 2013 (though it did manage to produce 15% of its electricity generation from renewable sources that year). The Netherlands, France, and Ireland are all far below their goals.

Scientists are warning that the upcoming supermoon solar eclipse could bring on an energy blackout in Europe. The UK will be hit heard by the phenomenon, with Scotland expected to lose 98% of its sunlight on March 20th. The European Network of Transmission System Operators for Electricity said some 35,000 MW of solar energy will gradually fade from Europe’s electrical system for part of that day.

GTM Research and the Solar Energy Industries Association reported solar accounted for one-third of US new electric power generating capacity in 2014. Only natural gas constituted a greater share of new generating capacity. Newly installed solar photovoltaic (PV) capacity reached a record 6,201 megawatts (MW) in 2014, growing 30%  over 2013’s total. An additional 767 MW of concentrating solar power (CSP) came on-line in the same period. At the end of 2014, cumulative operating PV in the country totaled 18.3 gigawatts (GW) and cumulative operating CSP totaled 1.7 GW.

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