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Oil&Gas Drilling
U.S. Offshore Rig Count at 12 for Four Weeks Straight
The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units.
United States
Chevron Posts Massive $8.3 Billion Loss
U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.
Nuclear Technology
US Announces Plan to Put Nuclear Power on the Moon
Battelle Energy Alliance, LLC, the managing and operating contractor for the U.S. Department of Energy’s Idaho National Laboratory.
China
Why the Iran-China Oil Alliance is So Important
The steady rise in U.S. strategic competition with the People’s Republic of China over trade and the South China Sea already has so many dimensions that it is …
Geothermal Power Plant
US DOE Picks 5 Projects To Receive Up To $28 Million For Geothermal Research
Today, the U.S. Department of Energy (DOE) announced that five projects will receive up to $28 million to promote the advancement of the next generation of geot…
Energy Investment
Tokyo Gas to Spend $657 mln in U.S. Shale, Solar Assets
Tokyo Gas will also pay up to 49 billion yen to purchase the 630 megawatts Aktina solar power project in Texas from Hecate Energy, a U.S. renewable energy devel…
Solar Company
US Racking Company Moves Manufacturing to China
Despite strong revenue growth in its domestic market, Quick Mount PV – which was acquired by Netherlands-based Esdec last year – is abandoning its U.S. manufa…
Oil Price
Oil steady as U.S. Stimulus Hopes Counter Demand Concerns
Oil prices were steady on Tuesday as hopes for additional U.S. measures to stimulate the economy countered a demand outlook dampened by rising of coronavirus ca…
Thermal Plant
Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant
Wärtsilä will deliver engineering, construction, dual-fuel engines and energy storage capacity for a new power plant in the U.S. Virgin Islands.
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…
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