Stationary steam engines drive DC generators by means of leather belts. Source . In today’s solar photovoltaic systems, direct current power coming from solar panels is converted to alternating current Continue Reading
The Norwegian oil and gas producer said Monday the divestment includes 62,500 acres of operated properties in West Virginia with a production of about 9,300 barrels of oil equivalent a Continue Reading
Each morning at 3:30, when Joann Bourg leaves the mildewed and rusted house that her parents built on her grandfather’s property, she worries that the bridge connecting this spit of Continue Reading
U.S. gasoline demand rose at the fastest annual rate in almost 40 years in February as stronger economic growth and cheap fuel prices spur driving in the world’s biggest oil Continue Reading
Two more oil companies have filed for Chapter 11 bankruptcy protection , as crude oil prices hover just above $45 per barrel and financial woes take their toll. Oklahoma-based Midstates Continue Reading
The bankruptcies are continuing fast and furious across the energy sector. With the ill-effects spreading beyond just the oil and gas business — evidenced by major renewables firm SunEdison filing Continue Reading
Banks have provided further evidence that they are weathering the oil-price bust so far. Going into first-quarter earnings season, one of the biggest worries hanging over banks had to do Continue Reading
The Colorado Supreme Court ruled… The Colorado Supreme Court ruled Monday that municipalities can’t bar hydraulic fracturing, a long awaited decision in a legal battle that has rippled across this Continue Reading
Despite a rally in oil prices of around 30 percent, the number of rigs deployed in shale-rich North Dakota is steady for the fifth straight week, data show. State data Continue Reading
U.S. gasoline demand rose at the fastest annual rate in almost 40 years in February as stronger economic growth and cheap fuel prices spur driving in the world’s biggest oil Continue Reading
