U.s

Oil & Gas Trade

US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week

The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…

Oil Shale

U.S. Shale Needs To Slow Down To Survive

Global oil refining production could start rebounding in June, the IEA said on Thursday, but refiners’ margins may be squeezed due to rising crude prices as pr…

First, Renewable Energy Is Poised to Eclipse Coal in U.S.

The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…

Crude Oil

Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic

Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave …

Crude Oil

U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020

U.S. oil demand is expected to fall by about 2.2 million barrels a day in 2020.

Offshore Wind Power

3D-printed concrete to help build offshore wind energy infrastructure

​Wind off the coasts of the U.S. could be used to generate more than double the combined electricity capacity of all the nation’s electric power plants, repor…

US Treasury to Tweak Tax Credit Deadlines for Renewables Projects

​A concise three-sentence letter sent by the U.S. Treasury Department on Thursday suggests relief may be on the way for a renewables industry concerned about m…

Oil & Gas Trade

U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever

The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy…

Executive Order to Protect U.S. Bulk Power System Includes Hydropower

U.S. President Donald Trump signed an executive order last week that prohibits bulk power system equipment from foreign companies because his administration bel…

Coal Mine

In U.S. Shale Bust, Frack-Sand Miners are the New Coal Companies

Three years ago, companies selling hydraulic fracturing sand to oil producers boomed, opening multimillion-dollar mines.

Oil Shale

Top US Shale Producer Sees Oil Price Recovery Continuing

Pioneer natural resources, a U.S. shale oil producer, expects prices to return to at least $45 a barrel this year.

Crude Oil

Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd

U.S. oil production could decline this year by 2 million bpd-3 million bpd, due to limited storage capacity and low oil prices, Russia’s Deputy Energy Minister…

Solar Technology

A Flexible Perovskite Solar Cell with 11.8% Efficiency

U.S. researchers have created an inorganic mixed halide perovskite solar cell which they claim shows no thermal degradation even at 200 degrees Celsius for thre…

Oil Price

Oil Prices Fall as Rising U.S. Inventories Reassert Supply Concerns

Oil prices fell Wednesday, ending a multi-day rally.

Market Analysis

Largest Solar Project in Eastern US Progresses Despite Market Uncertainty

​Mega-solar projects topping 500 megawatts have cropped up in many regions of the U.S., but land constraints have mostly kept such behemoths out of the Southea…