U.S. home heating bills expected to surge this winter -EIA
U.S. consumers can expect to pay up to 28% more to heat their homes this winter than last year due to surging fuel costs and slightly colder weather, the U.S. Continue Reading
Greenland Ice Sheet May Be More Vulnerable to Climate Change, Study Finds
Researchers monitoring water temperatures in Sermilik Fjord, southeast Greenland. Climate change may be having more impact on the melting Greenland ice sheet than previously thought, new research suggests. The study Continue Reading
Short-Term Energy Outlook
Forecast Highlights Winter Fuels Outlook In our Winter Fuels Outlook, we forecast that average household expenditures for home heating fuels will increase this winter because of both higher expected fuel costs Continue Reading
US EIA cuts forecast for 2023 global liquids production, demand
Highlights Lowers WTI, Brent price forecasts Warns of higher winter heating oil costs US crude output to average 12.4 million b/d in 2023 The US Energy Information Administration on Oct. Continue Reading
Amid historic drought, California expected to approve $140 mln desalination plant
Oct 13 (Reuters) – A $140 million desalination plant is expected to be approved by California regulators on Thursday as the U.S. state contends with how to convert ocean water Continue Reading
Nissan takes $687 mln loss as sells Russian business for 1 euro
Nissan Motor Co Ltd (7201.T) will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss of around $687 Continue Reading
French nuclear approaches 30 GW, minister calls for 50 GW early-January
French nuclear output is approaching the 30 GW mark slightly behind schedule as Economy Minister Bruno Le Maire on Oct. 11 called upon operator EDF to have 50 GW available Continue Reading
Europe’s Oil Imports at 2-Year High Even as Russia Share Shrinks
Europe is succeeding in diversifying its crude purchases ahead of the upcoming sanctions on Moscow, as its imports grew last month even as the share of Russian barrels shrank. Crude Continue Reading
France orders fuel depot strikers back to work, union vows to challenge it
Government requisitioning staff at Esso France depot CGT union says will challenge requisition in court France not ruling out staff requisitions at Total Dunkirk Government says strike ‘unbearable’ for consumers Continue Reading
Russia Claims It Can Maintain Oil Production At 9.9 Million Bpd
Russia’s Deputy Prime Minister believes the country will maintain production at 9.9 million barrels per day in October. Vladimir Putin vowed that Russia would maintain this level of production until Continue Reading