Max Midstream to start Texas crude exports in May
Startup Max Midstream plans to put a new Texas crude export hub on the map in early-May when it ships its first cargo that is bound for northwestern Europe, founder Continue Reading
Phillips 66 pulls out of deferred Liberty Pipeline project
Phillips 66 Partners is officially pulling out of the long-deferred Liberty Pipeline project that was designed to move 350,000 b/d of crude oil from the Rockies and Bakken Shale to Continue Reading
Iran to seek removal of US sanctions in Vienna talks, having already boosted oil exports
Iran wants the removal of Trump-imposed US sanctions before it scales back atomic activities under the 2015 nuclear deal, a senior official said ahead of a April 6 Vienna meeting Continue Reading
Iran, U.S. to hold indirect nuclear talks in Vienna
Iran and the United States will hold indirect talks in Vienna on Tuesday aimed at bringing both countries back into full compliance with the 2015 nuclear deal that Washington abandoned Continue Reading
The U.S. Is Losing The Energy Tech War Against China
For years, the U.S. and China have waged war over technology, trade, and capital markets. Tensions between the world’s leading economies reached a fever pitch during former president Trump’s term Continue Reading
As Texas Freeze Gas Bills Come Due, Cue Up the Lawsuits
The massive natural-gas bills incurred during the Texas freeze have kicked off a spate of lawsuits around the country as companies argue over who is responsible for the tab. At least 30 Continue Reading
Lawsuits Pour In After Texas Freeze Pushes Bills Sky-High
At least 30 lawsuits potentially worth billions of dollars have been filed in four states disputing responsibility for the massive electricity bills many Texans were hit with amid the freezing Continue Reading
U.S. Energy Consumption Saw Biggest Decrease Ever Last Year
Total U.S. energy consumption last year fell to just 93 quadrillion BTUs , down 7% from the year prior, according to data from the Energy Information Administration (EIA). The decrease Continue Reading
Bakken flows on Northern Border dip as Western Canada takes greater share
Bakken flows on pipeline have grown for years Shale still shows potential for resiliency Bakken natural gas flows onto Northern Border Pipeline are starting to show slight declines, signaling a Continue Reading
Iran rejects ‘step-by-step’ lifting of sanctions
Iran’s government wants the United States to lift all sanctions on its country and rejects any “step-by-step” easing of the restrictions, Iranian state broadcaster Press TV reported on Saturday. The Continue Reading
Biden will push through infrastructure plan if no Republican support -energy secretary says
U.S. President Joe Biden would be willing to push through his $2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Continue Reading
Biden faces backlash from US states to his clean energy agenda
Republican-led state capitols are considering bills that would punch holes in President Joe Biden’s green revamp of the US electricity system by promoting fossil fuels or piling costs onto renewable Continue Reading
U.S. economy is leading the global recovery from the pandemic
The robust U.S. economic recovery this year is expected to be good news for factory workers, freight handlers and farmers. Factory workers in China. Freight handlers in the Netherlands. And Continue Reading
The First 100 – Biden’s (not-so-secret) climate plan
I’m Shannon Osaka, and today is Day 73 of the Biden administration. This week, the Biden infrastructure plan landed. President Biden’s $2 trillion infrastructure plan is not about the climate. Continue Reading
U.S. And Iran Set To Hold Indirect Talks On Nuclear Deal
The United States will take part in indirect talks about the Iran nuclear deal with diplomats from Europe, Russia, and China next week, the U.S. State Department said on Friday. Continue Reading
U.S. and Iran Agree to Indirect Talks on Returning to Nuclear Deal
After weeks of failed starts and back-channel exchanges, Iran and the United States will, next week in Vienna, begin exchanging ideas about how to restore the 2015 nuclear deal. Initially, though, Continue Reading
U.S. and Iran Agree to Resume Talks on Nuclear Deal
The United States and Iran will take part in talks next week in Vienna aimed at reviving the 2015 Iran nuclear agreement, the most extensive effort to shore up the accord Continue Reading
US and Iran to initiate indirect treaty talks on April 6
The United States will take the first steps toward indirect treaty talks with Iran on April 6 in Vienna as formal discussions begin with other nations involved in the 2015 Continue Reading
Job Growth in U.S. Topped 900,000 in March as Hiring Broadened
U.S. employers added the most jobs in seven months with improvement across most industries in March, as more vaccinations and fewer business restrictions supercharged the labor market recovery. Nonfarm payrolls increased Continue Reading
Some Freeze Issues Linger for Texas Refineries
Texas’s refining complex is mostly back from last month’s crippling cold blast, but lingering freeze-related issues continue to plague a number of production units. More than six weeks after the Continue Reading
U.S. Govt. Says Federal Land Drilling Program Is “Broken”
The federal program that grants companies the right to drill for oil and gas on federal land is “fundamentally broken” and will be reviewed, according to Interior Secretary Deb Haaland. Continue Reading
‘Record-breaking’ temperatures to bake Southwest U.S.; ‘critical’ fire weather conditions possible
It might be only April, but summer weather is already baking the desert Southwest and bringing triple-digit heat. Phoenix could hit 100 degrees this weekend as a record-breaking air mass Continue Reading
E.U. to chair meeting of world powers and Iran on U.S. rejoining nuclear deal
World powers will hold a virtual meeting with Iran on Friday to discuss “the prospect of a possible return of the United States” to the Iran nuclear deal, the European Continue Reading
U.S. manufacturing sector index races to 37-year high in March: ISM
A measure of U.S. manufacturing activity soared to its highest level in more than 37 years in March, driven by strong growth in new orders, the clearest sign yet that Continue Reading
US jobless claims rise to 719K as virus still forces layoffs
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses Continue Reading
Biden Infrastructure Plan Faces Test in Congress
President Biden’s $2.3 trillion infrastructure plan faces a contentious path on Capitol Hill, where Republicans criticized the proposed corporate tax increases as a nonstarter and some Democrats began to jockey for Continue Reading
Canada’s Oil Sands Need More Than Just Profit To Survive
Canada’s biggest oil sands producers are generating billions more in free cash flow thanks to a faster-than-expected pandemic rebound, but their cautious approach to spending it is disappointing environment-minded investors. Continue Reading
Biden’s Recovery Plan Has an Unforeseen Consequence: More Demand For Oil
When President Biden yesterday unveiled his $2-trillion economic recovery plan, few in his immediate circle likely thought about oil. Yet, the plan will have a positive effect on oil demand Continue Reading
Rise in U.S. weekly jobless claims belies improving labor market conditions
he number of Americans filing new claims for unemployment benefits unexpectedly rose last week, though the labor market recovery is gaining traction as economic activity picks up, driven by increased Continue Reading
Robust U.S. employment growth expected in March, jobs deficit remains large
U.S. employers likely stepped up hiring in March amid increased vaccinations and more pandemic relief money from the government, which would cement expectations for a boom that could push this Continue Reading
Oil Demand Boosted By Highest Number Of Flights Since COVID Started
The number of commercial flights looks to have hit a post-pandemic high in the past days, outstripping the previous high from Christmas travel and potentially boding well for jet fuel Continue Reading
US oil, gas rig count rises 6 to 519 as Permian, Eagle Ford lead growth: Enverus
The US oil and gas rig count rose six to 519 in the week ended March 31, rig data provider Enverus said, as totals in the Permian Basin and Eagle Continue Reading
U.S. Gasoline Demand Climbs Above 2020 Levels
Gasoline sales in the U.S. exceeded 2020 levels for the first time this March after a tough year of decreased demand. Same-store sales of U.S. gasoline in gallons for the Continue Reading
US crude oil inventory draws resume as refinery demand surges: EIA
US crude oil inventories edged lower in the week ended March 26 as refinery demand tested one-year highs, US Energy Information Administration data showed March 31. Not registered? Receive daily Continue Reading
Coronavirus live updates: U.S. coronavirus fatalities pushed nation’s total deaths past 3.3 million last year
Coronavirus deaths in the United States last year fueled a rise in the nation’s mortality rate for the first time since 2017, the Centers for Disease Control and Prevention said in Continue Reading
Biden’s Climate Plan Means Tough Choices: Which Homes Get Saved?
President Biden’s $2 trillion infrastructure plan represents an enormous effort to protect Americans from climate change, but it sidesteps one of the most immediate and wrenching dilemmas: Deciding not just Continue Reading
Biden infrastructure plan boosts renewables outlook, puts oil and gas on notice
Plan includes $100 billion for power infrastructure Heavy EV, electrification focus seen at expense of oil, gas President Joe Biden’s $2 trillion infrastructure and energy plan would dramatically reshape the Continue Reading
Automakers Vow to Spend $250 Billion on U.S. Electric Vehicles
Automakers and parts suppliers are prepared to spend $250 billion on boosting the use of electric vehicles in the U.S., and called on the Biden administration to urge Congress to Continue Reading
U.S. Gasoline Prices Rose For 17 Straight Weeks As Oil Rallied
Before this week’s small decline, U.S. gasoline prices had increased for 17 consecutive weeks—the longest streak of rising national average gasoline prices since 1994, according to EIA’s surveys . As Continue Reading
Coronavirus live updates: Former Trump officials offer stark assessment of administration’s coronavirus response – The Washington Post
New coronavirus cases in the United States continued to rise in the past week, jumping by as much as 12 percent nationwide, as senior officials implored Americans to stick to public Continue Reading
Biden targets big offshore wind power expansion to fight climate change
The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and Continue Reading
Pfizer, Moderna COVID-19 vaccines highly effective after first shot in real-world use, -U.S. study
COVID-19 vaccines developed by Pfizer Inc with BioNTech SE and Moderna Inc reduced risk of infection by 80% two weeks or more after the first of two shots, according to Continue Reading
New U.S. COVID-19 cases rise for second week in a row
New cases of COVID-19 in the United States rose 9% to more than 431,000 last week, the first time since January that cases have increased for two weeks in a Continue Reading
Coal Country Races to Shield Itself From Biden’s Climate Plan
The Colstrip coal-fired power plant in eastern Montana, in 2008. Coal’s slow downfall is gaining momentum across the U.S. as clean energy becomes cheaper and wins widespread support, but lawmakers Continue Reading
Biden vows to expand vaccine access as CDC chief raises alarm
Joe Biden is moving to rapidly expand vaccination eligibility, warning Americans against complacency in the fight against the pandemic after a senior US health official said she felt a sense Continue Reading
Robots Could Replace Hundreds Of Thousands Of Oil And Gas Jobs By 2030
Even when the Covid-19 downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to withstand future market declines. In Continue Reading
Canada Could Become A Superpower In The Global Battery Market
“Canada has great potential to become a leader in the global Li-ion battery market,” a new analysis by Roskill states. The research firm published the insight following the announcement by Continue Reading
Why The U.S. Senate Is Looking To Support Carbon Capture And Storage
Two bipartisan bills introduced in the U.S. Senate aim to support carbon capture and storage technologies as part of a drive to reduce emissions. A bipartisan group of U.S. Senators Continue Reading
Biden Takes Aim at Reducing Emissions of Super-Polluting Methane Gas, With or Without the Republicans
Laurie Barr, co-founder of Save Our Streams Pennsylvania, searches abandoned oil wells for pollutants as an old pumpjack stands in the Allegeny National Forest near Marienville, Pennsylvania, on Monday, June Continue Reading
California Assemblymembers introduce bill phasing out gasoline-fueled small off-road engines
California Assemblymembers Marc Berman (D-Menlo Park) and Lorena Gonzalez (D-San Diego) introduced legislation to phase out the sale of new gas-powered small off-road engines (SORE), which are primarily used in Continue Reading