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The u.s
Crude Oil
Iran Claims Its Oil Production Could Jump To 6.5 Million Bpd
Iran can boost its crude oil production to as much as 6.5 million barrels per day when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister B…
Oil Shale
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …
Electric Car
SK Innovation and Ford Sign MOU to Form EV Battery Joint Venture in the U.S.
SK Innovation and Ford announced they have signed a memorandum of understanding to create a joint venture – to be called BlueOvalSK – to produce approximately…
Nuclear Policy
EU Signals Confidence in a Prompt Revival of the 2015 Iran Nuclear Accord
Iran and the U.S. are close to a deal that will revive the 2015 nuclear accord, a top European Union official said after the latest talks in Vienna, in the clea…
Oil Shale
U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA
U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…
Oil Pipeline
U.S. Pipeline Hack Attack: Global Cybersecurity Matters
Last Friday, a hacker group called DarkSide deployed a ransomware attack on a pipeline system that carries nearly half of the U.S. east coast's fuel supply.
Oil Price
Oil Prices Set For Biggest Daily Drop Since Early April
Oil prices dropped by almost 3 percent on Thursday morning and were set for the biggest percentage drop since early April, after the restart of Colonial Pipelin…
United States
Biden Wants ‘Clean’ Electricity By 2035. A Pandemic-Driven Fall In Solar Jobs Complicates That
The U.S. solar industry will need to nearly quadruple its workforce by 2035 in order to meet President Joe Biden’s goal of a carbon-free electricity industry, …
Gas power plant
Millennium Proposes $15 B LNG-to-Power Project in Vietnam
Millennium Energy Vietnam, a member of the U.S.-based Millennium Petroleum Group, has proposed to develop a $15 billion LNG project in Soc Trang province.
Oil Price
Oil Prices End the Week Down As Demand’s Rebound Gets Patchy
Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.
Solar Power Plant
Samsung Unit Considers Developing $673 mln Solar Plants in Texas
A unit of Samsung C&T Corp is considering developing solar power plants worth $673 million in the U.S. state of Texas
Net Zero Emission
The U.S. Electric Power Sector is Halfway to Zero Carbon Emissions
Renewable energy’s rapid growth is accelerating a national shift to a carbon-free electric power system.
Natural Gas
Graham: Biden Needs Natural Gas to Hit Green Energy Goals
In a letter to President Biden released Wednesday, leaders of Pennsylvania’s energy sector and its allies said Biden needs natural gas to help him reach his cl…
Joe Biden
President Biden’s 50% Emissions Reduction Target Is Political Theater, Not Serious Policy
At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030.
Gas power plant
U.S. Startup Plans to Build First Zero-Emission Gas Power Plants
A new kind of power plant that doesn’t add greenhouse gases to the atmosphere is being built in the U.S., potentially providing a way for utilities to keep bur…
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