Rooftop Solar Could Power 75% Of U.S. Homes
If you have ever wondered how much of the electricity demand in the U.S. could be supplied by rooftop solar , a new study has the answer. Last month the Continue Reading
Western Canadian heavy crude discount seen widening to ‘high teens’ on rail
Western Canada’s benchmark heavy crude differential has tightened since early April, but observers say this could widen back out to reflect the cost of moving crude by rail and as Continue Reading
Toyota Research Institute constructing automated vehicle test facility in Michigan
Toyota Research Institute (TRI) is constructing a closed-course test facility to develop automated vehicle technology. Construction permits were filed this week to transform an approximately 60-acre site at Michigan Technical Continue Reading
Canadian Natural Resources To Limit Output During Transport Crunch
Canadian Natural Resources Ltd (CNRL), one of Canada’s biggest oil and gas producers, will produce less than expected this spring, it said on Thursday, as transport bottlenecks deepen the price Continue Reading
Spring Scorcher Has US Northeast Burning Most Gas in 4 Years
Blistering heat in the middle of spring is poised to volley power plants’ demand for natural gas in the U.S. Northeast to the highest in at least four years. Temperatures Continue Reading
US Lifts TransCanada Keystone Oil Pipeline Pressure Restrictions
Pressure restrictions on TransCanada Corp’s Keystone oil pipeline were lifted on Tuesday in a letter issued by U.S. pipeline safety regulators, a spokesman for the agency told Reuters on Thursday. Continue Reading
Russia Committed To OPEC Deal Despite Two Months Of Non-Compliance
Despite the fact that Russia pumped more than its quota under the OPEC/non-OPEC deal for two months in a row, Moscow is staying committed to the pact, Russian Energy Minister Continue Reading
Exxon Proceeds With Russian LNG Project Despite Sanctions
Despite the fact that ExxonMobil has been forced to withdraw from some joint projects with Russian oil giant Rosneft due to the sanctions on Russia, the U.S. supermajor is proceeding Continue Reading
Oil edges up as OPEC, Iran overshadow U.S. crude output
Oil prices edged higher on Thursday despite swelling U.S. crude inventories and record weekly U.S. production, as focus shifted back to OPEC supply cuts and the potential of new U.S. Continue Reading
Oil gains slightly after Fed sees economy growing at a ‘moderate rate’
Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained. The Continue Reading