Toyota Motor Corp. and Contemporary Amperex Technology Co. , the world’s top battery maker, are closing plants in China’s Sichuan province as a drought-induced power crisis worsens. The Japanese automaker Continue Reading
U.S. importers seeking relief from bottlenecks at West Coast gateways are triggering new backups at East Coast and Gulf Coast ports, adding to strains on the country’s troubled supply chains. Continue Reading
JODI: global crude inventories fell by 21.8 million barrels to 915.8 million barrels in June. The low level of crude inventories coincided with record-high gasoline prices in the U.S. in Continue Reading
A U.S. court of appeals has ruled that President Joe Biden’s pause on oil and gas leases on public land can be reinstated, just days after the passage of a Continue Reading
Excessive heat watch, heat advisory through Aug. 19 SP15 spot reaches 11-month high of $149.97/MWh Peakload reached 23-month high of 45.06 GW Aug. 16 The California Independent System Operator has Continue Reading
A federal appeals court ruled that lawsuits by Delaware and Hoboken, N.J., seeking compensation from oil companies for the impacts of climate change should be decided in state, not federal Continue Reading
U.S. oil companies are working around a century-old shipping law to supply fuel to the U.S. East Coast, according to data from Refinitiv and oil trading sources, as high demand Continue Reading
Arizona and Nevada residents won’t face bans on watering their lawns or washing their cars despite more Colorado River water shortages. But U.S. officials announced Tuesday there will be less Continue Reading
Supply chain disruptions have sent energy costs soaring. Air travel has struggled to rebound following the global pandemic. RyanAir CEO Michael O’Leary warns that the days of cheap air travel Continue Reading
The chance of the weather pattern forming into a cyclone through the next 48 hours has risen. An unnamed weather disturbance projected to move over the southwestern Gulf of Mexico Continue Reading
