United states

Oil & Gas Trade

US Gulf Coast Fuel Oil Imports Hit Record Low as Latam Deliveries Slow

A view of the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024.Fuel oil deliveries into America's largest refining …

Oil Price

Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices eased in volatile trade on Monday as some bearish economic news …

Nuclear Reactor

Why Fusion Energy Is the Future of Clean Power

Imagine a world where energy is limitless, clean, and safe—a world without pollution from burning fossil fuels or dangerous nuclear waste. This dream is at the…

Natural Gas

US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand

US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…

Oil Pipeline

Phillips 66 Buys EPIC’s Permian NGI Midstream Assets for $2.2b

EPIC NGL is a fully integrated NGL system that connects gas processing plants in the Permian Basin and the Eagle Ford to EPIC’s fractionation complex in R…

Green Hydrogen

US Treasury Signals a New Hope for Green Hydrogen

The US Department of the Treasury had green hydrogen and energy security on its mind when it announced the Final Rule for H2 production tax credits.Green hydrog…

Photovoltaic （PV）

Kinematics Acquires Spanish Solar Tracking Controller Specialist

Kinematics, a U.S.-based specialist in intelligent motion control has signed a definitive agreement to acquire P4Q, a Spanish manufacturer of electronics for so…

Energy Storage System

Puerto Rico Receives Us DOE Loans to Boost Battery Storage to 1 Gwh

Puerto Rico’s fragile grid has been given a boost, with the US Department of Energy (DOE) offering more than half a billion dollars via the Loan Programs Offic…

Oil & Gas Trade

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Oil tankers dock at a floating platform, offshore from the southern Iraqi port cityThe US Energy Information Administration (EIA) announced on Saturday that Ira…

Biofuel

EIA: Ethanol Capacity up in October, Biobased Diesel Capacity Unchanged

U.S. operable biofuels production capacity increased slightly in October, with a small gain for ethanol, according to data released by the U.S. Energy Informati…

Hydrogen Production

Treasury, IRS release final regulations for 45V Clean Hydrogen Production Tax Credit

The U.S. Department of Treasury and Internal Revenue Service on Jan. 3 released final rules for the Section 45V Clean Hydrogen Production Tax Credit established…

Gas power plant

Officials Approve Duke Energy’s Plan to Replace Coal With Gas-Fired Units

Regulators in North Carolina have approved Duke Energy’s plan to replace some of the utility’s coal-fired units with natural gas-fired generation.Th…

United States

Clean Fuels: 2024 Saw Rapid Growth for Biodiesel, Renewable Diesel

The U.S. is on pace to surpass 5 billion gallons of biodiesel and renewable diesel consumption for the first time, capping a 2024 that saw increased efforts fro…

Oil&Gas Drilling

Noble Rig Lines up New Drilling Gig Offshore Australia

U.S. offshore drilling contractor Noble Corporation has landed a new assignment for one of its semi-submersible rigs with an undisclosed firm off the coast of A…

Oil Price

Oil Prices Post 3% Annual Decline

Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and …