U.s

LNG

U.S. Supplies Give China Muscle to Become Major Force in Global LNG Trade

Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently…

SMR

Largest US Public Power Company Launches New Nuclear Program

The largest public power company in the U.S. is launching a program to develop and fund new small modular nuclear reactors as part of its strategy to dramatical…

Pumped Storage

Here's an Overlooked Option for Long-term Energy Storage for Renewables

To cut U.S. greenhouse gas emissions in half within a decade, the Biden administration’s goal, the U.S. will need a lot more solar and wind power generation, a…

United States

FERC Receives Two Proposals for Same Pumped Storage Location

The U.S. Federal Energy Regulatory Commission (FERC) has received two applications for preliminary permits for a pumped storage project at the same location, La…

Oil Price

White House: No Oil Producer Should Hold Back Supply As Oil Hits $90

The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…

Crude Oil

U.S. Crude Output to Rise 770,000 bpd in 202R

U.S. crude oil output is expected to rise 770,000 barrels per day to 11.97 million bpd in 2022, the government said in a monthly forecast on Tuesday.

Crude Oil

U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments

The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.

Crude Oil

Oil Falls on Positive Signals from U.S.-Iran Talks

Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…

Crude Oil

Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges

Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.

Crude Oil

U.S. Releases Another 13.4 Million Barrels From SPR

The U.S. administration has approved the release of another 13.4 million barrels of crude from the strategic petroleum reserve in a move first announced last No…

Hydrogen Project

GS E&C to Export Green Hydrogen Plant Modules to the U.S.

GS Engineering & Construction will export renewable green hydrogen plant modules to California of the United States.

Electricity Reform

Mexico's Energy Reform Strains Ties With US

Mexico's plan to favor its own state-owned electrical power plants and limit energy sales by private, foreign-built projects could affect U.S. investment in Mex…

LNG

EU’s Imports Of U.S. LNG Five Times Higher Than Russian Supply

So far this month, the European Union has received U.S. natural gas volumes five times higher than Russia’s pipeline deliveries, according to Polish outlet rp.…

Oil & Gas Trade

Korea's Imports of U.S. Crude Oil Considerably Increases Last Year

As a result, South Korea became the biggest U.S. crude oil importer in Asia last year.

Oil Exploration

Canadian Overseas Petroleum Ltd Announces Significant U.S. Discovery

In addition, COPL provides an operational update on its Barron Flats Shannon Field production.