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U.s
Crude Oil
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…
Oil Price
Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth
Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C…
Solar Power Plant
Korea Midland Power Expanding Solar Power Business in the U.S.
Korea Midland Power is drawing attention as it is expanding its solar power business in the United States.
Crude Oil
Iran Projects 90 Days to Hit 4 million Barrels of Daily Oil Output Once Sanctions are lifted
Iran plans to restore the bulk of its crude oil production within one month of the easing of U.S. sanctions if world powers manage to broker the revival of the …
Oil Price
Oil Extends Advance Above $70 Amid Improving Demand Outlook
Oil extended gains above $70 a barrel after an industry report pointed to another draw in U.S. crude stockpiles, reinforcing optimism around the demand recovery…
Solar thermal
EIG Global Launches Thermal Solar Project in Chile, LatAm's first
U.S. private equity firm EIG Global Energy Partners on Tuesday inaugurated Latin America’s first thermal solar plant, a project in Chile’s sun-drenched Atacam…
Net Zero Emission
First Energy Earthshot Aims to Slash the Cost of Clean Hydrogen by 80% to $1 per Kilogram in One Decade
Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s Energy Earthshots Initiative, to accelerate breakthroughs of more abund…
Nuclear Power Plant
White House Cautiously Embraces Nuclear Power to Meet Green Goals
U.S. President Joe Biden's administration is cautiously embracing nuclear energy, despite lingering safety concerns, to help achieve its goal of a net-zero carb…
United States
Solar & Wind Are 93.8% of New U.S. Electrical Generating Capacity for 1st Third 2021
According to a review by the SUN DAY Campaign of data recently released by the FERC, wind and solar resources provided nearly all of the new electrical generati…
Wind Power Tower
CS Wind Takes over World's Largest Wind Tower Plant in the U.S.
CS Wind, the world's No. 1 wind turbine tower manufacturer, announced on June 3 that it has acquired a 100 percent stake in a U.S. plant of Danish wind turbine …
Energy Investment
SK Inc. Invests in Monolith, a U.S. Hydrogen Technology Company
SK Inc., the holding company of SK Group, is expediting the expansion of its eco-friendly hydrogen business, a key area of its ESG management.
Wind Farm
RWE’s U.S. Onshore Wind Farm Scioto Ridge in operation
RWE Renewables has started commercial operation on its 250 megawatt (MW) onshore Scioto Ridge Wind Farm in the U.S.
Oil Field
Exxon, Equinor Invest $8 Billion In Developing Oilfield Off Brazil
Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area…
Oil Price
New Iran Nuclear Deal May Completely Derail Oil Price Rally
The U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector…
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…
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