United states

Oil Price

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

United States

U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says

U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…

LNG

UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG

Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG e…

Crude Oil

EIA Lowers U.S. Oil Production Forecast

The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.

CCS

Carbon Storage: The Future of Residential Homes

Wood has countless uses, and trees store carbon. Some of that carbon is still stored after trees are cut down for wood products like lumber: A wood product cont…

Electric Car

IoT-Enabled Electric Charging Pilot to Ramp up New York EV Infrastructure

Connected Kerb has been selected by the New York City Department of Transportation (NYC DOT) and Newlab for a flagship internet of things (IoT)-enabled electric…

Net Zero Emission

American Airlines Looks to H2 With Zeroavia Deal

Hydrogen-electric flight firm ZeroAvia has announced an investment deal with American Airlines that could see up to 100 ZeroAvia H2 engines ordered by American.

Carbon Emissions

California’s Forest Carbon Buffer Pool Found to be Severely Undercapitalized

Researchers have found that California's forest carbon buffer pool, designed to ensure the durability of the state's multi-billion-dollar carbon offset program,…

Oil Price

Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks

Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…

CCS

Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration

Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.

Carbon Emissions

Chicago Announces Plan to Power City With 100% Renewable Energy

Chicago’s public buildings could all be powered by renewable energy under a plan announced by Mayor Lori Lightfoot on Aug. 8.

United States

U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause

The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …

United States

US Launches Research Group to Grow Domestic Solar Industry

The U.S. Department of Energy (DOE) has launched the Cadmium Telluride Accelerator Consortium to make cadmium telluride (CdTe) solar cells less expensive, more …

Carbon Emissions

U.S. Fuel Retailers Rail Against Green Aviation Fuel Tax Credit

U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more…

United States

Climate Groups React to U.S. Senate Passing the Inflation Reduction Act

The Senate passed the most ambitious climate spending package in U.S. history on Sunday, prompting optimism among environmental advocates after months of gridlo…