United states

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…

United States

DOE Awarding $26M to Projects that Prove the Grid Can Run on 100% Clean Energy

The U.S. Department of Energy (DOE) announced $26 million to fund projects that will conclusively show that electricity grid can reliably run with a mix of sola…

Energy Investment

Biden Administration to Invest Us$26 Million in Renewable Grid Demonstration Projects

US President Joe Biden has launched a US$26 million-funded project that will demonstrate the US electricity grid can reliably run entirely on renewables and ene…

United States

Rhode Island’s Renewable Energy Goal Is a Beacon for Other States

Analysts say it’s not perfect, but it gets a lot right.

Oil Price

Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build

Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …

Nuclear Power Plant

U.S. Regulator Approves Georgia Vogtle 3 Nuclear Plant Operation

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday said it has authorized Southern Co to load nuclear fuel and begin operation at its Vogtle plant's Unit…

Oil Shale

Shale Giant Chesapeake to Exit Oil as It Focuses on Natural Gas

Chesapeake will fully focus on key shale gas plays.

LNG

Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama

The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited expor…

United States

US Community Solar Sector Market Forecast to Grow 7 GWdc by 2027

Pending legislation for community solar programs in five states could add another 1.2 GWdc