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Oil Price
Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh
Brent crude LCOc1 was up 26 cents at $43.57 a barrel at 0944 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 29 cents at $41.36.
Nuclear Fuel
Framatome Delivers First Fuel Reload to the Largest Power Producer in the US
Framatome delivered its first nuclear fuel reload to the largest power producer in the U.S.
Coal-Fired Power Plants
U.S. Gas-Fired Plants Convert Nearly Half of Fuel to Power
More than 60 percent of the energy consumed by U.S. utility-scale power generation facilities was lost in the conversion to electricity last year, according to …
Oil & Gas Trade
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
LNG
Pilot LNG Proposes New Texas LNG Bunkering Terminal
Natural gas infrastructure specialist Pilot LNG announced on Friday a new project to construct a dedicated liquefied natural gas bunkering terminal in Texas, U.…
Coal Trade
Trump Administration Invests in ‘New Future’ for Coal
The U.S. Department of Energy announced on Friday it will provide $118 million in funding to support research and development of technologies to make coal power…
Crude Oil
Virus Surge Dents Oil Demand Recovery Optimism
Jul.19 -- Oil futures are holding steady with an ongoing surge in coronavirus cases in some parts of the U.S. tempering optimism for a demand recovery.
LNG
LNG Markets May Not Recover Until 2021
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.
China
Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Oil & Gas Trade
U.S. LNG Exports Will Fall to 25%
The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.
PowerGrid Technology
ASTRA Program Supports a More Resilient U.S. Power Grid
A new data integration, discovery, and decision-support system to mitigate space weather impact.
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
Energy Investment
U.S. Department of Energy Announces $21 Million for Research in EPSCoR States
Today, the U.S. Department of Energy announced $21 million in funding for 31 research projects under the federal Established Program to Stimulate Competitive Re…
Market Analysis
Will Trump's New Investment Proposal Help The Oil & Gas Industry?
The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds' investments based on environmental, social, and governance…
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