United states

Nord Stream 2

ExxonMobil Joins Western Oil and Gas Company Exodus From Russia

US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.

Oil Price

Oil Prices Surge More Than 7% to Highest Since 2014

Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …

Liquid Hydrogen

KBR will Support Shell in Hydrogen Liquefaction

U.S. engineering company KBR has been granted a contract to provide professional services to energy giant Shell for hydrogen liquefaction development.

Crude Oil

U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA

U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Mond…

Solar Technology

DHL Installing TRAILAR Solar Technology on 67 Trucks in US

DHL Express is installing solar panel units on trucks within its US pickup and delivery fleet, reducing fuel consumption in markets throughout the country.

Crude Oil

Can the U.S. Replace Russian Oil Imports?

Following Russia’s invasion of Ukraine, one of the issues being discussed a lot in the West is what an ongoing military conflict may do to oil prices.

Joe Biden

Biden Set to Push Plan to Lower Energy Costs

President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…

Electric Vehicle Charging

Wireless EV Charging Coming Soon to US Market

WiTricity has unveiled plans to develop wireless charging stations for select electric vehicle models.

Natural Gas

How Europe Can Boost Energy Security and Reduce Its Reliance on Russian Gas

January is the cruellest month when it comes to European gas demand. It is now the end of February and the continent has almost a year to bolster its strategic …

Crude Oil

White House Vows to Avoid Future Sanctions on Russian Crude Oil

The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …

Oil Price

Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil

Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.

Offshore Wind Power

EDP Wins 400 MW of Offshore Wind Power in the US

Ocean Winds, owned by EDP Renováveis and Engie, has closed a 20-year power purchase agreement for 400 MW in the United States to provide clean offshore wind en…

LNG

U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG

U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…

United States

Progress on Iran Nuclear Deal, but Tough Issues Remain

Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior U.S. State Depar…

Offshore Wind Power

U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…