Frigid weather in North Dakota and Canada has disrupted crude flows from Alberta’s oil sands and the Bakken shale play in the United States. The deep freeze forced TC Energy Continue Reading
Conditions were optimal for an overflight on a bright, sunny November day in New Bern, a riverfront city that was North Carolina’s first state capital and the birthplace of Pepsi. Continue Reading
Senior U.S. and Russian officials launched special talks on strategic stability on Monday as part of a flurry of diplomatic activity in Europe this week aimed at defusing tensions over Continue Reading
Russia has warned the US and Nato to make concessions or face a worsening security situation in Europe, as it downplayed the potential for progress in talks between Moscow and Continue Reading
With the threat of Russian military action in eastern Ukraine stirring concern across Europe, American and Russian officials met on Monday to try and find a diplomatic path to ease tensions and Continue Reading
The European Union’s foreign policy chief, Josep Borrell Fontelles, visited Ukrainian troops in the contested Donbas region last Wednesday, staring through a fence at the positions of Russian-backed separatists. “We Continue Reading
The US unemployment rate dropped significantly in December, prompting investors to increase their bets on the Federal Reserve moving quickly to raise interest rates and withdraw the stimulus it put Continue Reading
Highlights Power prices above $200/MWh Jan. 7 PJM issued cold weather alert NYISO peakload forecast at 22.3 GW Jan. 11 Power prices were above $200/MWh in New York Independent System Continue Reading
Highlights Chrysler to offer first pure EV in 2025, go all-electric by 2028 Turkey’s TOGG revealed country’s first two EVs for availability in late 2022 GM, Mercedes-Benz, BMW among other Continue Reading
The U.S. trucking industry is set to be transformed by a handful of states adopting zero-emission vehicle requirements. Oregon, Washington , New York, New Jersey and Massachusetts followed California in Continue Reading
The investments will focus on building the supply chain for offshore turbines. New York state will spend $500 million building up ports and manufacturing infrastructure for offshore wind farms in Continue Reading
From farm to fork, every aspect of the food supply chain is under increasing pressure from the latest virus surge A customer shops for groceries at a store in San Continue Reading
Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell (RDSa.L) , on Thursday said it raised $775 million in equity capital from new and existing investors. Continue Reading
U.S. crude oil stockpiles fell last week while gasoline inventories surged by more than 10 million barrels, the biggest weekly build since April 2020, as supplies backed up at refineries Continue Reading
When visitors arrive at the office of America Knits in tiny Swainsboro, Ga., the first thing they see on the wall is a black-and-white photo that a company co-founder, Steve Continue Reading
2021 ended as it began: with disaster. Twelve months after an atmospheric river deluged California, triggering mudslides in burned landscapes and leaving a half-million people without power, a late-season wildfire destroyed hundreds of Continue Reading
U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending December 31, 2021 which was 163,000 barrels per day more than the previous week’s average. Continue Reading
The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged. According to Bloomberg calculations , the Continue Reading
The effects of the Canadian cold spell continue to trickle down to the US Midwest, slashing exports to the region while propelling prices higher. Receive daily email alerts, subscriber notes Continue Reading
Rodeo Renewed remains biggest project Smaller projects include batteries, hydrogen, and CO2 As it moves forward with its cornerstone Rodeo Renewed project, Phillips 66 considers all its assets as candidates Continue Reading
Canada’s new natural resources minister has defended the country’s promotion of exports from its controversial oil sands projects even as he vowed to enforce ‘aggressive” greenhouse gas emissions cuts on Continue Reading
The Biden administration on Wednesday said more than half of U.S. states intend to apply for a portion of the $4.7 billion carved out in the new infrastructure law for Continue Reading
In the early 20 th century, the U.S. Census Bureau declared Humboldt County, California—now famous for its redwoods—the “principal center” of the state’s lumber industry. In 1900, the product accounted Continue Reading
Among vast fields of corn and soybeans in rural northwest Indiana, construction workers broke ground in October on what will be the largest solar farm in the United States. The Continue Reading
The United States set a global record of almost 1 million new coronavirus infections reported on Monday, according to a Reuters tally, nearly double the country’s peak of 505,109 hit Continue Reading
A third Caribbean liquefied natural gas cargo is headed for Boston, where two other await colder weather before unloading in an unprecedented bet on price spikes this winter. GasLog Partners Continue Reading
U.S. LNG exporters are capitalizing on ongoing strong global demand Currently, the peak LNG capacity of U.S. producers is 11.6 billion cu ft daily U.S. peak liquefaction capacity is set Continue Reading
Highlights Power demand could grow 80% by 2050 Up to 25 GW of new technology needed Costs remain unclear: IPPNY Power demand in New York State is expected to increase Continue Reading
Currently, the price of a gallon of gasoline in California is $4.65, according to AAA, compared to the national average of $3.285 per gallon The average U.S. consumer is expected Continue Reading
America’s failing electric grids and clean energy goals will be key themes in the U.S. energy sector this year. The coming months will also be a test for President Biden’s Continue Reading
Williams Cos., one of the biggest transporters of natural gas in the U.S., said an intentional release of a powerful greenhouse gas detected by satellite was caused by work on Continue Reading
When a new building-size machine cranks up this month, it will begin turning mountains of recycled cardboard into paperboard suitable for greener forms of packaging. The $600-million project, the first Continue Reading
While U.S. oil and gas firms are expected to raise their capital spending in 2022, constrained funding could put a cap on their ambitions. Low capital funding availability poses a Continue Reading
In the US, the region that appears best equipped for widespread adoption of clean H2 is the Texas Gulf Coast centered on Houston This vast industrial landscape of refining, petrochemicals, Continue Reading
Colorado Fires Spread and Burn Up to 1,000 Homes The infernos near Boulder, Colorado, destroyed as many as 1,000 homes, overwhelming firefighters as hurricane-force gusts propelled flames through suburban neighborhoods Continue Reading
Bad policy, complicated governance, and dense bureaucracy has made the entire electric grid of New England incredibly vulnerable to collapse. The region has shuttered nuclear plants, blocked pipeline expansions, and Continue Reading
Highlights Average US temperature to drop into 30s F Jan. 2-3 Cold snap forecast to be short-lived in SE, NE, Texas Spot gas prices across the United States rose in Continue Reading
The U.S. Department of Energy said on Thursday it had approved a release of two million barrels of crude oil to Exxon Mobil Corp (XOM.N) from its Strategic Petroleum Reserve Continue Reading
U.S. Jobless Claims Unexpectedly Decline Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . Applications for U.S. state unemployment benefits unexpectedly fell Continue Reading
Highlights S&P Global Platts Analytics forecasts a pull of 48 Bcf for the week in progress Remaining Henry Hub winter strip tumbles The first triple-digit natural gas draw of the Continue Reading
President Biden and Russian President Vladimir Putin warned each other of the potential for a dangerous downturn in relations if the current crisis over Ukraine further escalates, but kept a pathway open for diplomacy. Continue Reading
The US and its allies are prepared to respond “decisively” should Russia invade Ukraine, President Joe Biden told his Russian counterpart Vladimir Putin on Thursday amid mounting tensions at the Continue Reading
The average number of daily confirmed coronavirus cases in the United States hit a record high of 258,312 over the past seven days, a Reuters tally showed on Wednesday, as Continue Reading
Mexico’s Petroleos Mexicanos (Pemex) said on Tuesday it would drastically reduce planned crude exports next year as the state oil company works to meet the government’s target of refining all Continue Reading
Mexico plans to halt crude oil exports in 2023 as part of President Andres Manuel Lopez Obrador’s nationalist goal of self-sufficiency in fuel production. Petroleos Mexicanos, the Mexican state-owned producer Continue Reading
Gasbuddy: U.S. gas prices could rise to almost $3.80 per gallon before peaking According to the forecast data, the national average would rise to $3.41 per gallon in 2022 Gasbuddy: Continue Reading
US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the Continue Reading
Highlights 15.5 GW of new solar to be added in 2022 ERCOT expected to lead renewables additions CAISO to add 2 GW storage before summer US grid operators are expected Continue Reading
California’s cap-and-trade system, designed to reduce carbon emissions that contribute to climate change, is being undermined by forest fires caused in part by climate change, according to scientists. Launched in Continue Reading
Highlights Mad Dog, Vito are two of biggest 2022 startups 3 Murphy fields expected online next year US Gulf oil output to rise to 2 million b/d More deepwater exploration Continue Reading
