Cheap Oil Or A Weak Dollar: Pick One
Glance at this chart of the trade-weighted U.S. dollar, and note the swing highs and lows in the price of oil per barrel around each peak and trough. You can Continue Reading
Solar Costs Are Dropping Much Faster Than Expected
Back in 2011, the U.S. Department of Energy (DOE) began something called The SunShot Initiative . The intent was to set 2020 and 2030 targets making solar power more affordable Continue Reading
Is This The End Of U.S. Dominance In Global Energy?
Russia’s Gazprom ranked no.1 in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, toppling ExxonMobil and ending its 12-year reign at the top spot, S&P Global Platts Continue Reading
Daimler Trucks testing truck platooning on public highways in the US
Daimler Trucks North America (DTNA) is testing connected trucks in platooning operations on public roads in the US. In truck platooning, connectivity and automated driving improve safety within the vehicle Continue Reading
Harvey Strikes Employment: CB&I Lays Off Hundreds
Damages sustained by Hurricane Harvey have forced the closure of one of CB&I’s facilities in Beaumont, Texas. The effects of Hurricane Harvey, the catastrophic storm that caused unprecedented rainfall and Continue Reading
Boston Energy Research: Oil Price Outlook Unchanged
The outlook for oil prices has not changed much in recent weeks. This opinion piece presents the opinions of the author. It does not necessarily reflect the views of Rigzone. Continue Reading
San Francisco Becomes First Major US City to Sue Fossil Fuel Industry Over Costs of Climate Change
San Francisco and Oakland are suing Chevron , ConocoPhillips , ExxonMobil , BP and Royal Dutch Shell —the five biggest investor-owned fossil fuel producers in the world—over the costs of Continue Reading
U.S. shale oil producers profitable despite low crude prices: WPX Energy
U.S. shale producers are making more money now than at the time when oil prices were much higher as they have become more efficient, U.S. independent shale oil producer WPX Continue Reading
Rising diesel consumption is main driver for higher oil demand in 2017: Shell
A massive surge in diesel fuel demand this year has been the main driver for higher crude oil consumption in 2017 along with buying to fill up strategic petroleum reserves, Continue Reading
PJM real-time prices jump above $200/MWh with summer-like weather
Real-time electricity prices across the PJM Interconnection footprint Monday jumped to triple-digit territory as hot weather fueled power demand. Real-time power prices on the western side of PJM in the Continue Reading