US oil, gas rig count climbs 4 to 547 as Permian drilling hits 13-month high
Highlights Oil rigs up 1; gas rigs climb 3 Permian rigs up 7 at 244 Bakken output to fall as DUC count declines The US oil and gas rig count Continue Reading
The Texas Grid Came Close to an Even Bigger Disaster During February Freeze
The Texas electric grid came within five minutes of a complete collapse in mid-February. The problem could have been much worse. A little-known network designed to jolt the grid back to life Continue Reading
First quarter GDP unchanged at robust 6.4% annual rate
The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government’s initial estimate. The recovery from last year’s Continue Reading
Heat to Test Electric Grids From West Coast to New England
Communities from California to New England are at risk of power shortages this summer, with heat expected to strain electric grids that serve more than 40% of the U.S. population. Continue Reading
U.S. drivers to get hit by soaring pump prices over Memorial Day holiday
U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend, the traditional start of the summer driving season, as fuel Continue Reading
What The Shell Climate Case Means For Big Oil
Global oil and gas companies could be facing a major legal threat if the Dutch court ruling on Royal Dutch Shell sets an international precedent. In a case by Dutch Continue Reading
German industry calls for faster hydrogen rollout as tighter climate targets loom
Import demand, domestic supply of renewables limited German industry leaders have called for a faster rollout of hydrogen projects after the government brought forward a net-zero target to 2045. Receive Continue Reading
PEUGEOT e-EXPERT Hydrogen now in series production
PEUGEOT has become one of the first manufacturers to offer in series production, from 2021 onwards in the compact utility van segment, an electric version powered by a hydrogen fuel Continue Reading
Climate Ruling Could Force Big Change at Shell
To comply with a Dutch court order to cut carbon emissions, Royal Dutch Shell RDS.A -0.82% PLC may have to overhaul its business and cut its oil output faster than it had planned, analysts and investors Continue Reading
Shell’s climate defeat: an omen for all corporate polluters?
A court has ordered Royal Dutch Shell to accelerate its strategy for the energy transition by making steeper and quicker cuts to greenhouse gas emissions than it had planned. The Continue Reading