U.s

Crude Oil

More U.S. Sour Crude Heads to Germany to Replace Russia Oil

A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as …

Energy Investment

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…

Coal Price

India Buys Discounted Venezuelan Petcoke to Replace Coal

Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…

Geothermal Power Plant

Enhanced Geothermal Energy System R&D Gets a Boost From DOE Money

The U.S. Department of Energy’s Frontier Observatory for Research in Geothermal Energy field laboratory announced up to $44 million for projects to develop and…

Oil Shale

Oil Output in Permian to Rise to Record High in September -EIA

Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 79,000 barrels per day (bpd) to a record 5.408 million bpd i…

CCS

Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…

Electric Car

U.S. States Urge Postal Service to Halt Gas Vehicle Purchases

A group of 17 state attorneys general urged the U.S. Postal Service (USPS) to halt planned purchases of gasoline-powered delivery vehicles pending a new environ…

United States

Bayer Launches Sustainable AG Hub to Connect U.S. Farmers, Food and Fuel Makers

Agricultural seeds and chemicals maker Bayer AG on Monday launched a digital farming platform that it says will help U.S. growers enact environmentally friendly…

Nuclear Technology

South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech

South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…

Electric Car

South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements

Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…

Oil Refinery

U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022

U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…

Oil Price

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

United States

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

U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…

LNG

UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG

Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG e…

Crude Oil

EIA Lowers U.S. Oil Production Forecast

The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.