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Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
Nuclear Power Plant
U.S. Regulator Approves Georgia Vogtle 3 Nuclear Plant Operation
The U.S. Nuclear Regulatory Commission (NRC) on Wednesday said it has authorized Southern Co to load nuclear fuel and begin operation at its Vogtle plant's Unit…
LNG
Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited expor…
Gas Turbine
GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency
GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development …
Electric Car
U.S. Senate Democratic Deal Would Expand EV Tax Credits
A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to …
United States
Conocophillips Considers Exiting U.S. Gulf of Mexico
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the e…
Joe Biden
Biden Stops Short of Declaring Climate Emergency, Takes Steps on Wind Power
U.S. President Joe Biden said on Wednesday that climate change is an emergency but stopped short of a formal declaration, announcing a modest package of executi…
Crude Oil
Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy en…
OPEC
OPEC+ to Assess Oil Market, Take Necessary Steps: Saudi FM
Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al-Saud said that oil was not discussed at a U.S.-Arab summit held on Saturday, and that OPEC+ would con…
LNG
What Is Keeping America From Realizing Its LNG Potential?
U.S. liquefied natural gas has become an increasingly important part of the global energy mix
Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
Phillips 66 Made Renewable Fuels Without Proper Permits - Regulators
California regulators allege that U.S. refiner Phillips 66 improperly began processing renewable diesel in a unit at its Rodeo
Nuclear Fusion
NASA Picks Three Nuclear Power Concepts for Demonstration on the Moon
Three teams comprising some of the most prominent engineering and technology firms in the U.S. will provide initial designs for a fission surface power (FSP) sy…
Offshore Wind Power
Biden, 11 U.S. States to Boost Support for Offshore Wind Energy
The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic …
Hydrogen Production
MHI Invests in Electric Hydrogen, a U.S. Startup, to Accelerate Efforts to Produce Clean Hydrogen at Scale
MHI's investment will support Electric Hydrogen's efforts to develop and distribute fossil-free hydrogen for industrial and infrastructure applications
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