U.s

Guyana

Exxon Makes More Oil and Gas Discoveries Offshore Guyana

U.S. oil and gas major Exxon Mobil has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block of…

Electric Car

U.S., EU Launch Formal Group to Discuss Conflict Over EV Subsidies

U.S. and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign…

Electric Vehicle Battery

Hyundai Motor Considering Setting up Battery Joint Venture in the U.S.

Hyundai Motor Co. is considering establishing a joint venture battery plant in the United States.

Oil Price

U.S. Oil Companies’ Cash Flow to Rise by 68% Per Barrel in 2022 - Deloitte

U.S. upstream oil companies are expected to bank 68% higher free cash flows per barrel produced in 2022 as surging prices fuel profits, while output growth ling…

Net Zero Emission

U.S. Groups Urge Kerry to Back Climate Compensation Fund

Over 100 U.S. environmental groups on Monday urged top U.S. climate diplomat John Kerry to support the creation of a fund that would compensate countries that h…

Electric Vehicle Battery

Mexico to Discuss Lithium, Auto Industry With U.S. Climate Envoy Kerry

Mexico will speak with U.S. climate envoy John Kerry about lithium, batteries and the automotive industry when Kerry visits the northwestern state of Sonora on …

Oil Price

Goldman: U.S. SPR Crude Releases to Have Modest Price Influence

The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …

Oil Shale

Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output

U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Net Zero Emission

U.S. EPA Begins Work to Set up $27 Bln Green Bank

The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities …

Electric Car

U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles

The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.

Ammonia

Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast

Energy giants Chevron and Uniper are pairing with Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast…

OPEC

U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut

A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…

Oil Field

Baker Hughes Sees Bright 2023 for U.S. Oil

Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.

Tidal Energy

U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems

DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”