U.s

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…

Solar Power Plant

Solar Alliance Signs Agreement for First U.S. Operating Asset

Solar Alliance Energy Inc. is pleased to announce it has signed a binding Letter of Intent with Abundant Solar Power Inc. to build, own and operate a 350 kilowa…

Market Analysis

Electrical Generation by Wind and Solar Grew by 34% in March 2021 and Accounted for 16.8% of Total U.S. Production

Electrical generation by wind and solar set a new record in March 2021 and accounted for 16.8% of total U.S. production.

Nuclear Power Plant

South Korea and United States to Cooperate in Nuclear Power Industry

U.S. President Joe Biden and South Korean President Moon Jae-in released a joint statement on May 21 and declared that they would cooperate in the global nuclea…

Oil Shale

High Profile Merger Creates A New $17 Billion Shale Giant

Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …

Electric Car

SK Innovation and Ford Sign MOU to Form EV Battery Joint Venture in the U.S.

SK Innovation and Ford announced they have signed a memorandum of understanding to create a joint venture – to be called BlueOvalSK – to produce approximately…

Nuclear Policy

EU Signals Confidence in a Prompt Revival of the 2015 Iran Nuclear Accord

Iran and the U.S. are close to a deal that will revive the 2015 nuclear accord, a top European Union official said after the latest talks in Vienna, in the clea…

Oil Shale

U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA

U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…

Oil Pipeline

U.S. Pipeline Hack Attack: Global Cybersecurity Matters

​Last Friday, a hacker group called DarkSide deployed a ransomware attack on a pipeline system that carries nearly half of the U.S. east coast's fuel supply.

Oil Price

Gasoline Prices hit $3 As Shortages Grow on U.S. Pipeline Outage

U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colon…