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Clean Energy, Aging Grid to Get Big Boosts Under Infrastructure Deal
Measure includes funding for electric vehicle charging stations across the U.S., thousands of miles of new high-voltage transmission lines.
Crude Oil
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o…
Crude Oil
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Crude Oil
Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions
Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.
Market Analysis
For The U.S. To Become Carbon Neutral, Long-Term Energy Storage Is A Must
The Biden administration is pushing its Energy Earthshots Initiative that aims to accelerate innovation and bring life-changing products to market.
United States
Former AWEA Group to Merge with Energy Storage Association
The boards of directors of the American Clean Power Association and the U.S. Energy Storage Association have voted to pursue a merger of the two trade associati…
Oil Pipeline
U.S., Germany Strike a Deal to Allow Completion of Controversial Russian Nord Stream 2 pipeline
The United States and Germany reached an agreement to allow completion of the $11 billion Nord Stream 2 pipeline, a thorny, long-standing point of contention be…
Crude Oil
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Solar Power Plant
Philadelphia Solar Plans to Build 1 GW Module Plant in the U.S.
Site negotiations are underway for the facility, which would produce monocrystalline facial and bifacial modules for C&I and utility markets in the U.S. and abr…
Nuclear Reactor
Bechtel, Westinghouse Teaming up to Pursue Polish Nuclear Energy Projects
Longtime U.S. nuclear industry contractors Bechtel and Westinghouse will team up to pursue new reactor plant projects in Poland.
United States
Energy Infrastructure Act would be Good for West Virginia, Nation
U.S. Sen. Joe Manchin, D-W.Va., has been an outspoken advocate for domestic energy generation and a national energy policy that provides for cost-effective gene…
CCS
ExxonMobil Joins Acorn Carbon Capture Project
U.S. supermajor ExxonMobil has signed a memorandum of understanding to participate in the Acorn carbon capture and storage project in Scotland.
Energy Storage Project
U.S. Looks To Slash Long-Duration Energy Storage Costs By 90% By 2030
The U.S. Department of Energy announced on Wednesday a new goal to support the increased rollout of more wind and solar power in the grid by reducing the cost o…
Floating Offshore Wind
Floating Wind Farms Offshore could Boost California’s Power Supply – Here’s How They Work
Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy.
Electric Vehicle Battery
GM to Source U.S.-Based Lithium for Next-Generation EV Batteries Through Closed-Loop Process with Low Carbon Emissions
Through an agreement with Controlled Thermal Resources, lithium will be sourced in part from California from a more environmentally friendly process than tradit…
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