Pemex Buying Texas Oil Refinery That Lost $360MM
The Texas oil refinery that Petroleos Mexicanos is buying has racked up a rare net loss of about $360 million this year, adding to the challenges Mexico faces in seeking Continue Reading
Australia looks to clear way for offshore wind farms
Australia’s conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy Continue Reading
China’s Conflicting Climate and Economic Goals Roil Commodities
China’s attempt to curb carbon emissions and conserve electricity while being able to ensure economic growth is wreaking havoc across commodities markets. China’s efforts to thread the needle between an Continue Reading
Storm-hit U.S. refineries face weeks without power, water for restarts
Reviving Louisiana refineries shut by Hurricane Ida could take weeks and cost operators tens of millions of dollars in lost revenue as water and electrical power are slowly restored, analysts Continue Reading
U.S. crude stocks down, product demand hits all-time record
U.S. crude stocks dropped sharply while petroleum products supplied by refiners hit an all-time record despite the rise in coronavirus cases nationwide, the Energy Information Administration said on Wednesday. Crude Continue Reading
NREL researchers, industry partners testing Megawatt Charging Systems; up to 3.75MW
Electric vehicle industry experts and scientists at the National Renewable Energy Laboratory (NREL) are testing and evaluating the compatibility of inlet and connectors for a new high-power charging standard for Continue Reading
Port Fourchon Sees Weeks for Ida Recovery
Port Fourchon, America’s biggest base supporting the U.S. Gulf of Mexico offshore oil industry, appears to have largely withstood a powerful punch left by Hurricane Ida after the Category 4 Continue Reading
U.S. energy firms strain to shake off hurricane’s toll
U.S. oil and gas companies strained to get offshore operations back up and running on Thursday as the extent of Hurricane Ida’s damages became more apparent. Ida’s 150-mile-per-hour (240 kph) Continue Reading
We Are Going to Need a Lot More Electric Delivery Bikes
If you so much as glanced at the IPCC’s terrifying new report on climate change, you know its message: To have a chance of avoiding environmental collapse, we need to Continue Reading
Electric utility groups are wary of Democrats’ clean power ambitions
Democrats want to drive carbon emissions out of the US power grid. But groups representing thousands of smaller electric utilities are wary of being conscripted in the campaign. The Democratic-led Continue Reading