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America
Joe Biden
2022-08-18
ACP CEO Heather Zichal Statement on President Biden Signing the Inflation Reduction Act Into Law
Heather Zichal, CEO of the American Clean Power Association, issued the following statement today after President Biden signed the historic Inflation Reduction Act (IRA) into law:
United States
2022-08-18
US DOE Announces $44M Funding for EGS Innovation Projects
Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.
Crude Oil
2022-08-18
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with mergers and acquisitions contributing most of the recent gain.
Floating Offshore Wind
2022-08-17
Researchers Design Novel Floating Wind Turbine for Deep Waters
Researchers at the US Department of Energy’s Sandia National Laboratories created a tool that they plan to use to design a novel floating wind turbine that they said could help expand offshore deployments in deep water locations.
Crude Oil
2022-08-17
Latin America’s Crude Exports Drop In August
Exports of crude oil and condensates from Latin America, excluding Venezuela, have fallen so far in August compared to high levels in July
CCS
2022-08-17
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA).
Hydrogen Project
2022-08-17
Canada and Germany Set to Ink New Hydrogen Deal
This new project would be the first of its kind in Canada
Crude Oil
2022-08-17
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners test potential replacements for Russian oil.
Energy Investment
2022-08-17
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and ETFs, researcher Morningstar Inc said on Monday.
Crude Oil
2022-08-17
Shell to Shut Gulf of Mexico Crude Pipes for 2 Weeks in September
Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.
Nuclear waste
2022-08-17
Nuclear Waste Recycling Startup Wants to Solve the ‘Ball and Chain’ Problem Holding Back Nuclear
Ed McGinnis knows firsthand about the nuclear waste problem in the United States after working for the Department of Energy from 1991 to 2021.
Geothermal Power Plant
2022-08-16
Enhanced Geothermal Energy System R&D Gets a Boost From DOE Money
The U.S. Department of Energy’s Frontier Observatory for Research in Geothermal Energy field laboratory announced up to $44 million for projects to develop and test technology to foster innovation in enhanced geothermal systems (EGS).
Oil Shale
2022-08-16
Oil Output in Permian to Rise to Record High in September -EIA
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 79,000 barrels per day (bpd) to a record 5.408 million bpd in September.
CCS
2022-08-16
Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.
Electric Car
2022-08-16
U.S. States Urge Postal Service to Halt Gas Vehicle Purchases
A group of 17 state attorneys general urged the U.S. Postal Service (USPS) to halt planned purchases of gasoline-powered delivery vehicles pending a new environmental review, in a statement on Monday that encouraged the purchase of electric vehicles (EVs)
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