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America
Crude Oil
2022-10-14
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Crude Oil
2022-10-14
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production.
United States
2022-10-13
U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA
U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.
United States
2022-10-13
U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File PhotoU.S. Deputy Energy Secretary David Turk said on Wednesday that the United St
United States
2022-10-13
U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year
Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the year-ago period's.
LNG
2022-10-13
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive
U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top executive told Reuters on Wednesday.
Net Zero Emission
2022-10-13
Canada's Watchdog Launches Investigation Into RBC Over Climate Complaints
Canada's Competition Bureau has launched an investigation into Royal Bank of Canada (RY.TO) over allegations that the country's largest lender had misled customers on its commitments regarding climate action.
United States
2022-10-13
Sewage Sludge May Play a Role in Clean Energy Future
Argonne scientists assess energy, nutrients and water resources from U.S. wastewater facilities.
OPEC
2022-10-12
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to replenish the nation’s Strategic Petroleum Reserves.
Carbon Emissions
2022-10-12
Canada, Rio Tinto to Invest in R&D, Cutting Emissions at Quebec Plant
Canada and Rio Tinto Ltd will invest up to C$737 million ($533.6 million) over eight years to cut carbon emissions and expand research and development at a Quebec mineral processing plant.
Crude Oil
2022-10-12
White House Leaves Door Open for Additional SPR Releases
The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the nation’s Strategic Petroleum Reserves.
Electric Vehicle Charging
2022-10-12
GM Is Launching a New Business to Connect Homes and Businesses With EV Chargers, Energy Storage
GM is starting a new business unit to offer electricity storage and management for homes and businesses.
Smart Grid
2022-10-11
FirstEnergy Brings 3-Year US Smart Grid Automation Project to a Close
As the grid implications of intense weather events become more obvious, an electric utility in Ohio has announced the completion of a smart grid automation project, which aims to strengthen the grid in the face of severe weather.
OPEC
2022-10-11
Prices at the Pump Are Ticking Higher After OPEC Decision
Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the trend that had seen prices lower at the pump for weeks.
Carbon Emissions
2022-10-11
Honeywell Announces New Ethanol-to-Jet Fuel Technology
Tech firm Honeywell International Inc will roll out technology that could increase supplies of lower-carbon aviation fuel produced from ethanol.
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