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America
Oil Exploration
2021-02-23
Shell Delays US Offshore Production Start ups
Shell has delayed the startup of the PowerNap and Vito deepwater projects in the US Gulf of Mexico because of Covid-19-related issues.
Crude Oil
2021-02-23
Texas Refineries Restarting After Power Loss
Texas refineries reported restarting units shut last week after subfreezing temperatures and a power crisis abruptly cut 28pc of US crude processing capacity.
Energy Security
2021-02-23
These are the Key Lessons of the Texas Snowstorm
Arctic blasts may not trouble the Arabian Gulf but the Texas crisis should convince all regions to prepare for their own weather challenges
Electricity Trade
2021-02-22
State of Texas Should Pay for Enormous Energy Bills After Power Outages, Houston Mayor Says
Houston Mayor Sylvester Turner on Sunday called on the state of Texas to pay for the enormous electric bills that scores of Texans reported after severe winter weather knocked out power and rose energy prices.
Energy Security
2021-02-22
Bill Gates Reveals What Caused Deadly Power Outages in Texas
On Saturday, US President Joe Biden declared a major disaster in the Lone Star State allowing the government to allocate more funds to help millions of people affected by severe winter storms.
Crude Oil
2021-02-20
Mexico Overhauls Its Huge Oil Hedge
Mexico’s billion-dollar oil hedge to protect next year’s revenues against oil price volatility is getting an upgrade—and the new Hacienda Hedge 2.0 is getting more than just a facelift.
Chile
2021-02-20
Mainstream Renewable Power and Aker Clean Hydrogen Join Forces in Chile
Aker Clean Hydrogen and Mainstream Renewable Power have signed a Letter of Intent to explore the development of green hydrogen and low-cost ammonia production in Chile
Energy Technology
2021-02-20
New Method Converts Methane in Natural Gas to Methanol at Room Temperature
Researchers at the University of Illinois Chicago have discovered a way to convert the methane in natural gas into liquid methanol at room temperature.
Joe Biden
2021-02-20
How to Calculate the Social Cost of Carbon? Researchers Offer Roadmap in New Analysis
The Biden administration is revising the social cost of carbon (SCC), a decade-old cost-benefit metric used to inform climate policy by placing a monetary value on the impact of climate change.
Oil Price
2021-02-20
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a gap in demand, while OPEC+ supplies were expected to rise
Crude Oil
2021-02-20
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
Paris Climate Agreement
2021-02-20
US Returns to Paris Climate Agreement
The US officially rejoined the Paris climate agreement today, with the country's top climate diplomat calling for more action by the world's major emitters.
Natural Gas
2021-02-19
Texas Energy Regulator Extends Gas Prioritization
State energy regulator Texas Railroad Commission late yesterday extended orders prioritizing natural gas for power generation, residences and hospitals and lowering priority for industrial use.
United States
2021-02-19
American Clean Power Association Statement on Power Outages in Texas
The American Clean Power Association today issued the following statement on the ongoing power outages in Texas
Energy Security
2021-02-19
Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar segment due to abnormal pricing conditions
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Google signs PPAs on 400-MW Texas solar project portfolio
