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Crude Oil

Oil Slides as U.S. Crude and Gasoline Stocks Surge

Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…

Nuclear Reactor

Japan’s Gas Consumption to Dip 5% in 2023

This comes as nuclear restarts are expected next year.

JERA Partners With Intertrust to Develop Digital Platform Against Climate Change

The platform will in installing secure energy systems.

United States

U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA

U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.

United States

U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…

Spain

Nordex Receives Order for 95 MW in Spain

End of September, the Nordex Group obtained an order to supply and install 16 N163/5.X turbines from the Delta4000 series.

United States

U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year

Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea…

LNG

Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive

U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top exec…

Hydrogen Production

Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion per Year Market

The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countri…

Pumped Storage

World’s Largest Capacity Pumped Storage Hydropower Project to Be Built in Queensland

An ambitious plan to build the world’s largest pumped storage hydropower project in terms of capacity has been announced by Queensland Premier, Annastacia Pala…

United States

Sewage Sludge May Play a Role in Clean Energy Future

Argonne scientists assess energy, nutrients and water resources from U.S. wastewater facilities.

Microgrid

Mapping Europe’s Microgrids to Ensure Effective Regulation

University of Groningen doctoral researcher Jamie Behrendt has started mapping existing and developing microgrids across Europe.

OPEC

U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse

U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni…

Crude Oil

White House Leaves Door Open for Additional SPR Releases

The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n…

Oil Refinery

French Refinery Strikes Worsen as France Moves to Call Back Essential Workers

France said on Tuesday that it would requisition essential workers to staff Exxon’s French oil depot, and threatened to do the same for Total’s French refiner…