U.S. oil and gas rigs rise for third week
U.S. energy firms this week added oil and natural gas rigs for a third week in a row, as a recovery in oil prices prompted some drillers to return to Continue Reading
Alaska Ruling Shows Big Oil’s Uphill Battle in Climate-Fears Era
Even the climate-conscious Biden administration supported ConocoPhillips ’s $6 billion oil development on Alaska’s Northern Slope, but that couldn’t stop a judge from throwing it in limbo on environmental grounds. Continue Reading
U.S. Large-Scale Battery Storage Capacity Is Booming
Large-scale battery power capacity in the United States jumped by 35 percent last year to reach 1,650 megawatts (MW), and the significant growth of the past few years is set Continue Reading
It Rained at the Summit of Greenland. That’s Never Happened Before.
Something extraordinary happened last Saturday at the frigid high point of the Greenland ice sheet, two miles in the sky and more than 500 miles above the Arctic Circle: It Continue Reading
U.S. Rig Count Ticks Higher Amid Oil Price Slide
The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes —after rising by 9 last week. The total rig count Continue Reading
Canadian oil and gas operators plan to grow production, spending in future
Multiple Canadian companies, including the country’s most prolific natural gas producer, plan on growing volumes and capital spending in the quarters ahead, in stark contrast to major US oil and Continue Reading
Europe Faces LNG Supply Crunch
Europe is facing a potentially tough winter with natural gas supply nowhere near enough to meet heightened seasonal demand, Bloomberg has reported, citing storage data and industry insiders. LNG deliveries Continue Reading
World’s Biggest Wealth Fund Wants Oil Firms To Cut More Emissions
The world’s largest sovereign wealth fund, Norway’s $1.4 trillion Government Pension Fund Global (GPFG), should ask from the companies it is invested in when it comes to reaching their 2050 Continue Reading
Russia ready to continue gas transit via Ukraine post-2024: Putin
Highlights Any new Ukrainian transit deal dependent on European demand Pledges to carry out ‘all obligations’ under current contract Just 15 km left of Nord Stream 2 gas pipeline to Continue Reading
UK-based consortium to develop prototype solid-state batteries for automotive
A consortium of seven UK-based organizations has signed a memorandum of understanding to combine ambitions to develop world-leading prototype solid-state battery technology, targeting automotive applications. Solid-state batteries offer significant potential Continue Reading