China’s crude oil imports in August were 1.1 million bpd lower than the year-ago period and its exports were lower than expected, the latest data suggests. China imported 9.35 million Continue Reading
As demand for oil and gas around the world soars, Canada is determined to boost oil production in order to ensure supply. If Canada hopes to meet its carbon reduction Continue Reading
U.S. natural gas futures shed around 5% on Tuesday, hitting a four-week low as soaring output coupled with lower demand forecasts drags prices down, despite the fact that inventories are Continue Reading
European stock markets opened in the red on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high Continue Reading
A new multi-fuel generation reserve to alleviate summer power shortages in California shows how grid connection delays and a growing bundle of supply chain challenges are costing taxpayers and hampering Continue Reading
California’s grid operator projected record-breaking power demand on Tuesday and called on consumers to conserve energy for the seventh consecutive day to avoid blackouts amid soaring temperatures. The California Independent Continue Reading
California’s power grid, already strained from days of triple-digit temperatures, faced a nearly record-breaking level of demand Tuesday. The California Independent System Operator, which provides electricity to most of the Continue Reading
In the weeks since President Biden signed a comprehensive climate bill devised to spur investment in electric cars and clean energy, corporations have announced a series of big-ticket projects to produce the Continue Reading
In the weeks since President Biden signed a comprehensive climate bill devised to spur investment in electric cars and clean energy, corporations have announced a series of big-ticket projects to produce the Continue Reading
Power lines are shown as California consumers prepare for more possible outages following weekend outages to reduce system strain during a brutal heat wave amid the outbreak of coronavirus disease Continue Reading
