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Natural Gas
U.S. Gas Production Set for Big Increase in 2022 on High Prices
As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below p…
Oil Price
Oil Rises to Six-Week High as U.S. Supply Concerns Dominate
Oil prices rose to a six-week high on Monday as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and worries another…
Oil&Gas Drilling
ExxonMobil makes 20th Discovery on Stabroek as New Liza FPSO Heads to Guyana
U.S. oil major ExxonMobil has revealed a new discovery has been made at the Pinktail well in the Stabroek Block offshore Guyana.
South Korea
Doosan Heavy to Lead X-energy’s Study on SMR Nuclear Reactor Design
South Korean power infrastructure firm Doosan Heavy Industries & Construction will partner with U.S.-based X-energy on developing and designing tests for advanc…
Oil&Gas Drilling
Democrats Close in on Drilling, Mining Bans for Biden’s $3.5T Infrastructure Scheme
Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday
United States
The U.S. Added more New Energy Capacity from Wind than Any Other Source Last Year
42% of new electricity generation capacity in the U.S. came from land-based wind energy -- more than from any other source -- according to numbers in a series o…
Substation
Kiewit to Build First U.S-Made Offshore Substation
Ørsted and Eversource have announced the commencement of the first American-built offshore wind substation, which will be deployed at the developers’ South Fo…
Wind Power Project
NM Wind Project of Historic Size Nearly Complete
Renewable power developer Pattern Energy is nearing completion of a mammoth wind project in east central New Mexico that, once fully operational in December, wi…
Wind Farm
RWE’s U.S. Cassadaga Onshore Wind Farm in Operation
RWE Renewables has started commercial operation on its 125 megawatt onshore Cassadaga Wind Farm.
United States
U.S. Climate Envoy Kerry Expected to Travel to China in September
U.S. climate envoy John F. Kerry is expected to travel to China next month to continue his efforts to carve out climate change as an area of closer collaboratio…
Oil Price
Oil Settles up 3%, Boosted by Mexican Oil Rig Outage, U.S. Vaccine Approval
Oil prices rose 3% on Tuesday, supported after Mexico suffered a large production outage due to a fire on an oil platform and also by full U.S. regulatory appro…
Hydrogen Fuel Cell
World’s First 100% Hydrogen Fuel Cell Powered Commercial Vessel Launched
The world's first zero-emissions, hydrogen fuel cell-powered, electric-drive ferry has been launched and is gearing up for operational trials off the U.S. West …
Solar Power Plant
Solar Costs Dropped More Than 70% Over the Last Decade, and Biden Wants to Accelerate the Trend
Solar power in the U.S. has grown 4,000% percent over the last decade, but it still only accounts for 3% of electricity generation.
Crude Oil
Iran Oil Output Falls To 40-year Low In 2020
Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration.
Crude Oil
First New Oil Sands Pipeline in Years may Start Exports to U.S. Next Month
A key pipeline linking Canada’s oil sands to U.S. markets could start shipping crude as early as next month.
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