U.s

Crude Oil

OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021

U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses

Oil Price

How Will Biden’s Presidency Impact South America’s Oil Boom?

Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive…

Joe Biden

President Biden’s Vision for the Power Sector

President Joe Biden brings a marked shift in U.S. energy policy priorities, with clean energy being central to his plan.

Iran

Strait of Hormuz: The World's Most Important Oil Artery

Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…

Nuclear Policy

Iran Plans 20% Uranium Enrichment 'As Soon As Possible'

The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew …

Oil Pipeline

Russia Accelerates Nord Stream 2 Project to Beat U.S. Sanctions

Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas …

Energy Storage Project

EPRI Selected for Three Energy Storage Projects

The Electric Power Research Institute was selected by the U.S. Department of Energy to lead three advanced energy storage projects.

Energy Storage Project

DOE Invests US$7.6 million to Develop Energy Storage Projects

The U.S. Department of Energy has selected 29 projects to receive nearly US$7.6 million in federal funding for cost-shared research and development.

Crude Oil

Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus

A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n…

Energy Storage Battery

Teams Awarded for Lithium-ion Battery Recycling Innovations

Teams worked to develop processes that have the potential to profitably capture 90 percent of all discarded lithium-based batteries in the U.S.

United States

U.S. Senate Passes American Energy Innovation Act

AEIA to modernize domestic energy laws to ensure the United States remains a global energy leader.

Oil Price

Oil Moves Higher on Brexit Deal, U.S. Inventory Draw

Oil prices moved higher on Thursday as news that Britain and the European Union had signed a post-Brexit trade deal, as well as a draw in U.S. inventory sparked…

Energy Subsidies

US Congress Passes Five-Year Offshore Wind Tax Credit

The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit for offshore wind facilities at 30% through…

Oil&Gas Drilling

Pacific Drilling to Emerge from Bankruptcy by Year-End

Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reo…

Electric Car

SK Innovation to Make Massive Investment in Battery Business in U.S.

SK Innovation will invest about 1.1 trillion won to build a second battery plant in Georgia despite the spread of the new coronavirus.