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U.s.
OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
United States
GE Will Cut 20% of U.S. Onshore Wind Workforce
General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business.
Crude Oil
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…
Oil Price
Oil Prices Steady on Prospect of Balancing Supply After Steep Selloff
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in …
Oil Price
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…
Coal-Fired Power Plants
Converting Coal Power Plants to Nuclear Gains Steam
A U.S. Department of Energy report identifies over 300 coal plants that could be swapped over
Crude Oil
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
United States
U.S. Senate Votes to Amend Global Treaty to Curb Climate-Warming Gas
The U.S. Senate on Wednesday voted 69-27 to ratify an amendment to the Montreal Protocol that would cut the use of hydrofluorocarbons (HFCs), a major greenhouse…
Carbon Emissions
U.S. EPA to Consider Tougher Emissions Rules for Heavy Trucks
The U.S. Environmental Protection Agency (EPA) will consider adopting more stringent greenhouse gas emissions rules for heavy trucks after Congress passed new i…
Carbon Pricing
Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits
British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International
Net Zero Emission
GM Backs Setting Tough U.S. Emissions Targets for 2030
General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…
Crude Oil
U.S. Refiners May Soon Purchase More Canadian Crude
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…
Natural Gas
A Natural Gas Shortage Is Looming for the U.S.
While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike …
Oil Price
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Carbon Emissions
U.S. Farm Agency to Triple Investment in Climate-Friendly Farming
The U.S. Department of Agriculture will invest nearly $3 billion in projects to reduce climate-harming emissions from farming and forestry, tripling the funding…
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