American

Oil & Gas Trade

Iran Ready to Send More Fuel to Crisis-Stricken Venezuela

Iranian Foreign Ministry spokesman Abbas Musavi says Tehran will continue to export fuel to Venezuela if the South American country requests more supplies.

Wind Power Project

Trump Administration Extends Tax Breaks for Renewables Projects

Tax credits worth 2.5 cents per kilowatt hour extended for both wind and solar schemes.

Oil & Gas Trade

Two Iranian Tankers Sail Back After Delivering Fuel to Venezuela

Two Iranian tankers that delivered fuel to Venezuela as part of a five-vessel flotilla have begun to sail back, according to Refinitiv Eikon, as the government …

Solar Power Plant

Excelsior and Unico Solar to Build 250MW C&I Solar Projects

North American renewable energy investor Excelsior Energy Capital has entered into a long-term programmatic joint-venture partnership with solar energy systems …

Oil & Gas Trade

Saudi Oil Rush Threatens to Disrupt Stabilizing U.S. Crude Market

An armada of Saudi tankers brimming with crude heading to American shores is raising concern over storage space just as a U.S. glut shows signs of easing.

Nuclear Technology

DOE Announces $230M to Build Advanced Reactor Demonstration Project

Building on its contention that nuclear power must be a vital part of the American energy future, the U.S. Department of Energy announced.

Citi unveils $1.5 Billion Green Bond to Combat Climate Change

American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.

Oil & Gas Trade

North American Oil Producers Cut Output Quicker Than Some Expected

OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se…

Thermal Coal

Anglo American Considers Spinning off South African Coal Operations

Anglo American, the diversified miner, prefers to spin off its thermal coal business in South Africa and list it in the next two to three years.

Market Analysis

US Renewable Leader Reports Strong First Quarter Despite Covid-19

​The American Wind Energy Association (AWEA) released new data today, showing the good performance of Dallas-based Tri Global Energy (TGE), a wind power compan…

Crude Oil

Venezuela's Oil Output Could Fall Again Soon

On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela.

Market Analysis

America’s Green Fuel Is Likely to Escape Negative Prices

The American ethanol industry has been absolutely pummeled in the last year, forcing a wave of production shutdowns across the Midwest.

Nuclear Policy

National Security Requires Revival of U.S. Nuclear Energy, DOE Group Reports

Now is the time to reassert the power of nuclear in American energy policy, a new report claims.

Solar Power Plant

Verizon to Buy Renewable Power from Clearway Energy and Invenergy

American multinational telecommunications conglomerate Verizon Communications has signed virtual power purchase agreements with Clearway Energy Group and Invene…

Oil & Gas Trade

Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April

Saudi Arabia is set to sell about 600.000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi industry official fami…