U.s

Chevron has No Plans to Shrink Conventional Energy Business

U.S. oil major Chevron Corp CVX.N has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals

Market Analysis

First Reactions to Biden’s US Ban on Solar Imports from China’s Xinjiang Province

The Biden Administration’s decision to ban solar imports from four Xinjiang-based polysilicon manufacturers has already raised concerns. One analyst warns of a…

Nuclear Power Plant

Cooperation with the U.S. May Hinder Korea's Nuclear Power Plant Exports

South Korean President Moon Jae-in and U.S. President Joe Biden had their first summit and released a joint statement on May 21.

Nuclear Policy

Biden Rejects Maduro’s Call for the U.S. to End Venezuela Sanctions

President Joe Biden’s administration rejected Nicolas Maduro’s call for relief from U.S. sanctions, saying the Venezuelan leader needs to do more toward resto…

Crude Oil

Venezuela’s Oil Boss Projects Soaring Output, Despite Crumbling Infrastructure and U.S. Sanctions

In Venezuela, waiting in line at a gas station -- sometimes for days -- has become so routine that it’s hard to imagine life without it.

Crude Oil

Crude Oil Prices Steady Near Multi-Year Highs

Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.

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…