Power use in Texas will break records again this week as homes and businesses crank up their air conditioners to escape another heatwave, the state’s power grid operator projected on Continue Reading
The national average for a gallon of gasoline in the United States fell again on Monday to $4.212, according to AAA data. U.S. gasoline prices are down 14.3 cents from Continue Reading
ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Bn. A record quarter for the company. U.S. oil supermajor ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Continue Reading
Manchin Pitches Sinema on Democrats’ Tax-Climate Bill The climate and tax spending deal announced last week by Senate Majority Leader Chuck Schumer and Senator Joe Manchin could cost billions in Continue Reading
If signed into law, the bill’s hefty tax incentives for low-carbon technologies could enable the country to cut its net greenhouse gas emissions by roughly 40 percent below 2005 Continue Reading
Hot weather and high gas prices in Texas and the Southeast are posing a renewed threat to gas storage in the US South Central region as strong spot gas demand Continue Reading
A new study from Juniper Research forecasts that the volume of electric vehicle battery pack shipments will reach 30 million in 2027 up from 10 million in 2022. The research Continue Reading
News that his ship would be allowed to leave the Ukrainian port of Odesa carrying grain was the “best feeling” of the year, a joyful crew member said on Monday, Continue Reading
Germans more often than not choose to be cremated when they die – which would be a problem if Russia turns off the gas. As Western sanctions heighten tensions between Continue Reading
Baker Hughes (BKR.O) said on Monday it signed a deal to sell its oilfield services (OFS) business in Russia to the local management team, months after stopping new investments in Continue Reading
