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Coal Price
India Buys Discounted Venezuelan Petcoke to Replace Coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…
Geothermal Power Plant
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…
Oil Shale
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 i…
CCS
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 prop…
Electric Car
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 environ…
United States
Bayer Launches Sustainable AG Hub to Connect U.S. Farmers, Food and Fuel Makers
Agricultural seeds and chemicals maker Bayer AG on Monday launched a digital farming platform that it says will help U.S. growers enact environmentally friendly…
Nuclear Technology
South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech
South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…
Electric Car
South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements
Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…
Oil Refinery
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…
Oil Price
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.
United States
U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says
U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…
LNG
UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG
Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG e…
Crude Oil
EIA Lowers U.S. Oil Production Forecast
The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.
CCS
Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration
Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
United States
U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause
The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …
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