The US Energy Information Administration boosted its outlook for crude futures by about $4/b in the second half of 2020 and by $2/b for 2021 on OPEC+ supply cuts and Continue Reading
Colorado State University has raised its annual forecast to call for 20 named storms, up from its outlook issued in June calling for 19. (Bloomberg) — After a frenzied start, Continue Reading
At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day Continue Reading
U.S. utilities are scrutinizing their suppliers of transformers and other power-grid equipment for ties to China as they await details on President Donald Trump’s order to crack down on imports Continue Reading
The two largest U.S. rooftop solar companies are merging as the coronavirus pandemic casts a cloud over the market to install panels on homes. Sunrun Inc. RUN 22.63% is acquiring Vivint Solar Inc. VSLR 38.19% in an all-stock deal, the companies Continue Reading
US investment in offshore wind power is predicted to rise from nothing 10 years ago to a level that nearly matches spending on offshore oil drilling, as an energy source Continue Reading
The Bakken shale is already declining because of financial struggles and the oil market downturn, but the potential shuttering of the Dakota Access pipeline could close off the possibility of Continue Reading
While US gasoline demand continues to recover from April lockdowns, driving fell last week in three states hit hard by rising coronavirus cases, highlighting the ongoing risks to oil demand Continue Reading
NYMEX prompt contract settles at $1.88/MMBtu Columbia Gas’ MXP line cuts flows near Leach, Kentucky Appalachian gas production falls 2.2 Bcf on the day NYMEX Henry Hub prompt-month prices surged Continue Reading
A recent US appeals court judge’s order to shut the 570,000 b/d Dakota Access oil pipeline for a year starting next month could result in extended curtailments of shut-in wells Continue Reading
