It was more than 100F (38C) in the attic where telephone technician Brent Robinson was working. The 55-year-old, who had worked for 30 years at Verizon, was installing a phone Continue Reading
The “Utah Roadmap” could become one of the most aggressive climate action plans in a conservative state, depending on how the legislature responds. When Utah lawmakers start their legislative session Continue Reading
Getty Images An oil pump is viewed in Big Springs, Texas. Getty Images Oil prices already gave back much of December’s gains, following rising global supplies and easing tensions in Continue Reading
Rozette Rago for The New York Times The trade war is de-escalating, at least for now. But the economic damage it caused could be far from over. Two years of Continue Reading
In a first ever, Permian forward gas prices settled in negative territory this week as the 2020 market outlook for pipeline capacity exiting the West Texas basin continues to deteriorate. Continue Reading
OXIS Energy has successfully tested its Lithium-sulfur (Li-S) battery cell prototypes at 471Wh/kg and is confident of achieving 500Wh/kg in the next 12 months. Consistently shipping cells at 400Wh/kg to Continue Reading
U.S. efforts to rein in OPEC’s influence over global oil markets are losing momentum as the Trump administration takes a wait-and-see approach to energy prices. While supporters of a bill Continue Reading
The Trump administration on Thursday will finalize a rule to strip away environmental protections for streams, wetlands and other water bodies, handing a victory to farmers, fossil fuel producers and Continue Reading
“All oil-field workers are radiation workers.” That quote comes from a blockbuster investigation by Justin Nobel writing in Rolling Stone , who has spent more than a year and a Continue Reading
Since the turn of the year, energy stocks have become a put owner’s dream–what with the energy sector virtually generating the worst returns of all US sectors. And the harder Continue Reading
The US Interior Department on Wednesday authorized Keystone XL pipeline to be built across 44 miles of federal lands in Montana, but court challenges remain before the long-delayed oil sands Continue Reading
The number of oil and gas company bankruptcies in the United States and Canada rose 50% in 2019 over the previous year, and is likely to increase as a slide Continue Reading
Dr. Randy Booker, Physics Chairman, North Carolina State University, Ashville validated 300 kW and 200 kW of power produced by BrLP’s proprietary hydrino plasma reaction maintained in its SunCell® using water Continue Reading
The SunCell® was submersed in a 850 liter deionized water tank that was initially at room temperature. The SunCell® molten gallium internal temperature remained steady at about 350-400°C which is a typical Continue Reading
U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn’t agree to a trade deal. Trump has Continue Reading
France’s finance minister, Bruno Le Maire, who was also making the rounds at Davos, quickly shot back. “If we were to be hit by American tariffs, we would have no Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Wednesday, extending the overnight downtrend, as selling pressure started to kick in amid heightened fears of the recent flu virus Continue Reading
The announcement on Monday of a force majeure in Libya was enough in the tumultuous world of crude trading to cause oil prices to rise to their highest level in Continue Reading
Despite an escalation in Libya’s oil war, crude prices fell on Tuesday morning as a deadly virus in China sparked fears of an economic slowdown. The EIA forecasts Brent oil Continue Reading
The price of natural gas fell below $2 per million British thermal units to its lowest level in nearly four years on Tuesday, highlighting how a persistent glut has buffeted Continue Reading
A new study by University Maritime Advisory Services ( UMAS ) and Energy Transitions Commission ( ETC ) prepared for the Global Maritime Forum for the Getting to Zero Coalition, Continue Reading
The global oil and gas industry is facing the “twin threats” of the loss of profitability and the loss of social acceptability as the climate crisis continues to worsen. The Continue Reading
Discovery isn’t dead. It’s just moved into trickier geological territory, but that’s not stopping the impressive advance. Despite growing anti-oil sentiment, oil and gas companies unearthed 12.2 billion new barrels Continue Reading
Highly leveraged U.S. exploration and production (or E&P) companies have lately been struggling with dwindling valuations and endless bankruptcies as investors lose their appetite for shale while private equity markets Continue Reading
A day before Christmas 2019 ExxonMobil and its partners have lifted the first commercial crude from the Liza field. In and of itself this might seem innocuous enough for us Continue Reading
Libya’s National Oil Company has confirmed that is has lost virtually all of its oil production, at 1.2 million barrels per day of oil production, and $77 million in daily Continue Reading
The U.S. Embassy in Libya said on Tuesday that the country’s National Oil Corporation (NOC) should be allowed to immediately resume oil operations that were suspended over the weekend after Continue Reading
Libya’s oil output will collapse “within days” to the lowest level since the 2011 civil war as a blockade of its export terminals has forced a rapid shutdown of production Continue Reading
UK-based supemajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a potential expansion, likely because of Continue Reading
Iraq may have serious problems in securing its energy needs if the United States doesn’t extend a waiver for an Iraqi bank to process payments for Iraq’s imports of electricity Continue Reading
If America doesn’t need Saudi oil anymore, why is it still wooing crown princes, especially when American public opinion isn’t really on board? A Business Insider poll from September 2019 Continue Reading
Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to U.S. shores and the International Monetary Fund (IMF) lowered Continue Reading
Facing growing pressure to contain a deadly viral outbreak that has spread halfway around the world, China’s ruling Communist Party raced on Tuesday to confront the disease, slapping restrictions on Continue Reading
The death toll from a new flu-like coronavirus in China rose to nine on Wednesday with 440 confirmed cases, Chinese health officials said as authorities stepped up efforts to control Continue Reading
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading
While Elon Musk and other naysayers have condemned hydrogen, the energy is expected to see a breakthrough over the new decade: a 50 percent cost reduction — making it highly Continue Reading
Gas deliveries to US liquefaction facilities topped 9 Bcf/d for the first time over the holiday weekend and hit a new record Tuesday as exporters seemed unfazed by weak prices Continue Reading
Weaker US Gulf Coast gasoline and ultra low sulfur diesel markets have left suppliers looking at unconventional avenues in search for more lucrative outlets of product, including exploring the idea Continue Reading
U.S. shale oil fracking has already peaked and is in a period of sustained contraction, according to two major providers of services to the industry. That view from Halliburton Co. Continue Reading
General Motors Co’s ( GM.N ) self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing Continue Reading
Oil production in the seven most prolific shale plays in the United States is set to increase by 22,000 bpd in February to 9.2 million bpd, the Energy Information Administration Continue Reading
The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, Continue Reading
The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago. Gas prices Continue Reading
Whether or not the oil and gas tax structure needs to be changed in Alaska is the talk of the town of Juneau once again. According to Anchorage Democratic Senator Continue Reading
So-called ‘black swan’ theory was developed by author Nassim Nicholas Taleb to describe rare events that have an outsised, often negative impact and now the Bank of International Settlement is Continue Reading
Russian President Vladimir Putin appointed a new cabinet, but kept key ministers following proposals last week for sweeping constitutional changes that could see him retaining political power after his term Continue Reading
Swedish climate activist Greta Thunberg inveighed against the sowers of “climate chaos” Tuesday at the World Economic Forum in Davos, Switzerland, offering a view of the world that stood in Continue Reading
Things have not been looking good for North Sea energy. In fact, last November, Oilprice went so far as to declare that “ North Sea Oil Is Doomed With Or Continue Reading
Highlights Novak, Putin have supported OPEC+ production deal Siluanov remains finance minister Continuity in Russian energy strategy likely Alexander Novak has retained his position as energy minister in the new Continue Reading
Climate change could trigger the next systemic financial crisis, calling into question the role of central banks in reducing risks, the Bank for International Settlements warned in a report. Receive Continue Reading
