U.s

Energy-Eficient Building

Bringing Energy-Efficient Building Technologies Closer To Commercialization

The U.S. Department of Energy is accelerating emerging technologies from lab to market through its Technology Commercialization Fund.

Electric Car

Korean Companies Account for 9 of 14 EV Battery Plant Projects in the U.S.

Korean companies are taking the lead in building more than half of the large battery production plants in the United States.

Natural Gas

EU Natural Gas Prices Tumble For Fifth Straight Day

20 tankers with U.S. LNG are traveling to Europe, and another 14 are headed in the same general direction awaiting further orders

United States

U.S. Natural Gas Rise As Colder Weather Rushes In

U.S. natural gas futures rose this week as colder weather with snow came into parts of the country.

Crude Oil

Japan To Sell Crude Oil From State Reserves In February

Japan plans to auction in February 629,000 barrels of crude oil from its national reserves as part of a U.S.-led global effort by oil-consuming nations to lower…

Crude Oil

U.S. Oil Rig Count Jumps Along With Crude Prices

The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh …

Crude Oil

Marathon to Receive Second Release from U.S. Strategic Petroleum Reserve

The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s eff…

Crude Oil

South Korea To Release 3 Million Barrels Of Oil Reserves In Early 2022

South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nati…

Hydrogen Project

KBR to Look into Green Hydrogen in Trinidad and Tobago

U.S. engineering company KBR has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago financed by the Inter-American Developmen…

Crude Oil

Oil Prices Reach Four-Week High on Declining U.S. Crude Stocks

Oil settled at the highest level in nearly a month after U.S. crude stockpiles decreased and economic data pushed equities higher.

LNG

CNOOC To Take First LNG Cargo From U.S. Exporter

China National Offshore Oil Corporation, the largest Chinese importer of liquefied natural gas, has signed a deal with U.S. firm Venture Global LNG to buy LNG f…

Energy Storage System

Doosan Heavy Industries & Construction to Build ESS in Australia

Doosan Heavy Industries & Construction (DHIC) announced on Dec. 15 that it will build an energy storage system worth 110 billion won in Australia along with its…

Crude Oil

Oil Prices Rise On Record U.S. Oil Demand

The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights.

Oil Pipeline

Germany’s New Chancellor May Let Red Tape Delay Nord Stream 2 Start

German Chancellor Olaf Scholz, under pressure from the U.S. to halt the Nord Stream 2 pipeline project over Russian aggression toward Ukraine, may quietly deleg…

Electric Vehicle Battery

LG Energy Solution and GM Considering Building 3rd Joint Venture Battery Factory in Michigan

LG Energy Solution and General Motors of the United States are considering investing US$2 billion to build their third joint venture battery cell plant in the U…