Moon Fuel: A New Multi-Trillion Dollar Treasure
India’s space program wants to go where no nation has gone before – to the south side of the moon. And once it gets there, it will study the potential Continue Reading
U.S. envoy Haley tells Modi important to cut imports of Iranian oil
U.S. Ambassador to the United Nations Nikki Haley told India’s Prime Minister Narendra Modi on Wednesday it was important India cut Iranian oil use, but said the United States would Continue Reading
China To Become Most Influential Player In Natural Gas Markets
The unprecedented economic development of China created serious environmental problems starting in December 1978 after Deng Xiaoping’s ‘opening up policy’. The Asian country transformed from a developing nation into a Continue Reading
China splurges on gas as prolonged heat wave boosts clean power demand
China has ramped up purchases of liquefied natural gas (LNG), pulling in rare cargoes from Cameroon, Egypt and Europe, trade data shows, as the world’s most populous nation shores up Continue Reading
China May thermal power plant output up 10.3% on year
Electricity output in May from China’s thermal power plants — mainly comprising coal-fired units — rose 10.3% year on year and 3.6% from April to 392.2 TWh, data published Thursday Continue Reading
Oil stocks drop by nearly 10 million barrels: EIA
U.S. crude stocks fell by nearly 10 million barrels last week as refineries hiked output, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday. Crude inventories Continue Reading
EIA expects 2018 gasoline prices have peaked
U.S. regular-grade retail gasoline prices averaged $2.89 per gallon (gal) in June, down from a high of $2.96/gal on May 28. EIA estimates that gasoline prices will remain lower than Continue Reading
Tesla And GM Close To Capping Out On EV Tax Incentives
Tesla and General Motors are seeing the beginning of the end for crucial U.S. federal tax incentives needed to transition interested car shoppers into electric vehicle owners. The federal government Continue Reading
Natural Gas Execs See ‘Century Of Supply’ In US Shale
Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, Continue Reading
Oil Investment In Canada To Drop Despite Rallying Prices
Canada has the world’s third-largest crude oil reserves , but the country seems determined to pretty literally keep these in the ground. This determination becomes strikingly obvious when Canada is Continue Reading