The heatwave that broke temperature records in North America made last month the hottest June ever for the region, according to Europe’s Earth observation agency Copernicus. Europe also experienced extreme Continue Reading
As the U.S. economy struggles to emerge from its pandemic-induced hibernation, consumers and businesses have encountered product shortages, hiring difficulties and often conflicting public health guidance, among other challenges. Now Continue Reading
Lukoil sees Mexico as a strategic region for international upstream development Project contains two oil fields with reserves estimated at 564 million boe Lukoil already involved in blocks 10, 12, Continue Reading
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico’s national oil company has declared that environmental Continue Reading
Mexico’s government designated state oil company Petróleos Mexicanos as the operator of a large offshore oil reservoir it shares with a consortium led by Houston-based Talos Energy Inc., which has already invested heavily Continue Reading
Surging U.S. fuel demand amid stagnant domestic crude oil production is drawing down American crude inventories at the quickest pace in nearly 40 years. The record-fast decline in U.S. oil Continue Reading
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of Continue Reading
U.S. lawmakers introduced a bill on Friday to limit exemptions offered to refiners on blending biofuels after sources said the Environmental Protection Agency chief voiced disapproval about a Supreme Court Continue Reading
The pace of U.S. hiring accelerated in June, with payrolls increasing by the most in 10 months, suggesting firms are having the greater success recruiting workers to keep pace with Continue Reading
The U.S. labor market recovery is accelerating after a spring lull. Employers added 850,000 jobs in June—the biggest gain in 10 months—and workers’ wages rose briskly, the government said Friday, both signs Continue Reading
The U.S. oil market is tightening as commercial crude inventories are declining at a fast clip and driving wider time spreads in the WTI Crude futures curve. The curve is Continue Reading
The United States must speed up project permits if it is to meet the Biden administration’s 2030 target for offshore wind power, major developer Orsted (ORSTED.CO) said on Thursday. The Continue Reading
An effort to push the most sweeping changes to the global tax system in a century gained significant momentum on Thursday when 130 nations agreed to a blueprint in which Continue Reading
Following a joint statement with China addressing the climate crisis on April 17th, the US submitted a new ‘nationally determined contribution’ (NDC) at the virtual summit led by Biden on Continue Reading
Ford Motor Co (F.N) said on Wednesday several of its North American factories will be shut for a few weeks in July and August due to a global shortage of Continue Reading
U.S. natural gas producers hope climate-conscious electric utilities and gas exporters will pay a premium for what they say is “greener gas” that has been certified as coming from low-emission Continue Reading
A clean electricity standard, or CES, and tax credits for renewable energy are “bottom lines” needed in a second infrastructure package that could be passed this year, Gina McCarthy, the Continue Reading
By the end of 2021, Royal Dutch Shell Plc (RDSa.L) will have just one operating crude oil refinery in the United States: The 227,400 barrel-per-day (bpd) refinery in Norco, Louisiana. Continue Reading
U.S. companies added more jobs in June than expected, indicating further progress in the nation’s labor market recovery. The 692,000 gain in private payrolls followed a downwardly revised 886,000 increase Continue Reading
The U.S. Administration is supporting a city in Maine that has prohibited storage and handling of crude oil that would be shipped via a pipeline from Canada in a court Continue Reading
The US Department of Energy will conduct a broad review of the Strategic Petroleum Reserve by the end of September, the first in five years, to assess its size and Continue Reading
The Government of Canada is setting a mandatory target for all new light-duty cars and passenger trucks sales to be zero-emission by 2035, accelerating Canada’s previous goal of 100% sales Continue Reading
A heatwave that smashed all-time high temperature records in western Canada and the U.S. Northwest has left a rising death toll in its wake as officials brace for more sizzling Continue Reading
Highlights Exports highest since April 2020: EIA VLCC rates East at multi-year low amid fixing lull Tight arbitrage economics expected to impact August, September loadings US crude exports over the Continue Reading
A key oilfield near a U.S. military base in Syria’s Deir Ezzor region came under rocket attack on Monday, hours after the U.S. military said on Sunday it had carried Continue Reading
Dangerous Northwest Heat Wave Already Triggering Power Outages The world is counting on farmers in North America for big harvests of everything from corn to canola this year. Due to Continue Reading
The U.S. Supreme Court decided Monday that it won’t allow Wyoming and Montana to sue Washington state for denying a key permit to build a coal export dock that would Continue Reading
The Supreme Court on Tuesday removed a hurdle to the construction of a natural-gas pipeline through Pennsylvania and New Jersey, ruling the pipeline developer could invoke the power of the federal government Continue Reading
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 8.153-million barrels for the week ending June 25. Analysts had predicted a draw of 4.686 Continue Reading
The continued growth of the Texas economy in June, as evidenced in new Federal Reserve Bank of Dallas surveys, has shown up with increased power demand and wholesale power prices Continue Reading
Ranchers and regulators are contending with uncontrolled leaks from thousands of abandoned oil and gas sites that could render some land “functionally uninhabitable.” Water testing crews looking for contaminants collect Continue Reading
Weekly US coal ship departures totaled 27 in the week ended June 26, down seven from the previous week and down one from the year-ago week, data from cFlow, S&P Continue Reading
Highlights Preliminary deal called for Aramco to take 25% stake FID already expected to be delayed to 2022 Sempra’s efforts to finalize a long-term deal with Saudi Aramco to support Continue Reading
A record-breaking heatwave eased for coastal cities in the Pacific Northwest but tightened its grip inland, threatening people, crops, and wildlife. After several days above 100 degrees, temperatures Tuesday topped out Continue Reading
Dozens of people have died in Canada amid an unprecedented heatwave that has smashed temperature records. Police in the Vancouver area have responded to more than 130 sudden deaths since Continue Reading
Canada will ban the sale of fuel-burning new cars and light-duty trucks from 2035 in an effort to reach net-zero emissions across the country by 2050, Prime Minister Justin Trudeau’s Continue Reading
U.S. President Joe Biden’s latest strikes against Iran-backed militia in Syria and Iraq were not the first nor likely the last of his young presidency. For some of Biden’s fellow Continue Reading
A number of false assumptions have continued to cloud the coverage of the ongoing re-negotiation between the U.S. and Iran of a new iteration of the Joint Comprehensive Plan of Continue Reading
In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities produce up to three times more emissions per barrel than the already high sector average- and rising Continue Reading
Temperatures were expected to shatter records in the Pacific Northwest again on Monday, bringing the city of Portland to a standstill as residents hunkered down in air conditioned homes or Continue Reading
The US Northeast has been hit by this year’s second heat wave, with forecasts for increased power demand, and temperatures above 90 degrees Fahrenheit, while power and natural gas prices Continue Reading
The sticker price on cars isn’t sticking. In some cases, it’s going up. Auto makers typically set what is known as the manufacturer’s suggested retail price, or MSRP, a figure Continue Reading
United expects to add more than 500 aircraft to its fleet in the coming years.Chris Helgren/Reuters United Airlines announced Tuesday that it was ordering 270 single-aisle planes from Boeing and Continue Reading
The United States said on Sunday it carried out another round of air strikes against Iran-backed militia in Iraq and Syria, this time in response to drone attacks by the Continue Reading
The White House and Senate negotiators sought to keep a bipartisan infrastructure deal on track Sunday after its future was cast into doubt when President Biden made and then withdrew a Continue Reading
U.S. operators have completed, started building, or announced a total of 19 petroleum liquids pipeline projects so far this year, the Energy Information Administration (EIA) said on Friday. Two pipelines Continue Reading
The number of unemployment-benefit recipients is falling at a faster rate in Missouri and 21 other states canceling enhanced and extended payments this month, suggesting that ending the aid could Continue Reading
Congress has moved to restore environmental regulations to limit the amount of methane that leaks from U.S. oil and gas production facilities, reversing a Trump era rollback for the greenhouse Continue Reading
The Southwest, already the driest region in the United States, has become even drier since the mid-20th century, particularly on the hottest days, according to new research. Humidity has declined Continue Reading
Electricity prices for Californians are spiking, but so is the danger of blackouts—both planned and unplanned. Exceptional drought forecasts for this summer prompted PG&E to warn earlier this month that Continue Reading
