The Virginia State Corporation Commission has approved Dominion Virginia Power’s plan to build a 1,588 MW, natural gas-fired combined-cycle plant in Greensville County, rejecting the assertion by groups representing independent Continue Reading
Paris hosted a delegation of Russian energy officials to review French natural gas needs and prospects for pipeline development, Gazprom said. Gazprom Chairman Alexei Miller led the delegation to meet Continue Reading
For half a century, climate scientists have seen the West Antarctic ice sheet, a remnant of the last ice age, as a sword of Damocles hanging over human civilization. The Continue Reading
Oil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in crude oil stockpiles last week and a weakening dollar, but concern that a two-month Continue Reading
Oil rose as the dollar weakened and before U.S. government data forecast to show crude stockpiles expanded for a seventh week. Futures climbed as much as 1.5 percent in New Continue Reading
Oil prices fell to a two-week low Tuesday on concerns that the global market remains too oversupplied to support prices near $40 a barrel. Prices have rallied sharply in recent Continue Reading
A pump jack stands idle in Dewitt County, Texas January 13, 2016. U.S. commercial crude oil stockpiles were seen touching new record highs for the seventh straight week, while gasoline Continue Reading
Oil futures edged lower for a second straight session on Monday in thin trade as European markets observed the Easter holiday and as hedge funds and other big speculators were Continue Reading
American Petroleum Institute (API) crude oil inventory data Oil inventory build of 2.6 mln barrels Cushing draw of 319K barrels Gasoline -1.94 mln bbls Distillate -95K bbls The survey expectations Continue Reading
Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above $40 per barrel. By Continue Reading
