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U.s.
Oil & Gas Trade
Under U.S. Sanctions, Iran and Venezuela Strike Oil Export Deal
Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of its tar-like crude, with the first…
Oil Price
Oil Price Hits Highest in Almost Three Years As Supply Tightens
Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.
Cooperation case
Uzbekistan, Turkmenistan Agree to Increase Trade Turnover to 1 bln USD
Uzbekistan and Turkmenistan have agreed to increase the trade turnover between the two neighboring countries to 1 billion U.S. dollars after the Uzbek-Turkmen i…
Solar Company
China's JinkoSolar Says Some Panels being Held at U.S. Border
Jinko executives told Wall Street analysts on a quarterly conference call on Wednesday that its margins and profits had suffered due to the detainments.
Oil Price
Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
Natural Gas
U.S. Gas Production Set for Big Increase in 2022 on High Prices
As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below p…
Oil Price
Oil Rises to Six-Week High as U.S. Supply Concerns Dominate
Oil prices rose to a six-week high on Monday as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and worries another…
Oil&Gas Drilling
ExxonMobil makes 20th Discovery on Stabroek as New Liza FPSO Heads to Guyana
U.S. oil major ExxonMobil has revealed a new discovery has been made at the Pinktail well in the Stabroek Block offshore Guyana.
South Korea
Doosan Heavy to Lead X-energy’s Study on SMR Nuclear Reactor Design
South Korean power infrastructure firm Doosan Heavy Industries & Construction will partner with U.S.-based X-energy on developing and designing tests for advanc…
Oil&Gas Drilling
Democrats Close in on Drilling, Mining Bans for Biden’s $3.5T Infrastructure Scheme
Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday
United States
The U.S. Added more New Energy Capacity from Wind than Any Other Source Last Year
42% of new electricity generation capacity in the U.S. came from land-based wind energy -- more than from any other source -- according to numbers in a series o…
Wind Power Project
NM Wind Project of Historic Size Nearly Complete
Renewable power developer Pattern Energy is nearing completion of a mammoth wind project in east central New Mexico that, once fully operational in December, wi…
Wind Farm
RWE’s U.S. Cassadaga Onshore Wind Farm in Operation
RWE Renewables has started commercial operation on its 125 megawatt onshore Cassadaga Wind Farm.
United States
U.S. Climate Envoy Kerry Expected to Travel to China in September
U.S. climate envoy John F. Kerry is expected to travel to China next month to continue his efforts to carve out climate change as an area of closer collaboratio…
Oil Price
Oil Settles up 3%, Boosted by Mexican Oil Rig Outage, U.S. Vaccine Approval
Oil prices rose 3% on Tuesday, supported after Mexico suffered a large production outage due to a fire on an oil platform and also by full U.S. regulatory appro…
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