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Oil Price
Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.
Nuclear Fusion
US Launches $50M Programme to Advance Commercial Fusion
In order to bring fusion closer to commercial viability, the Department of Energy (DOE) has announced up to $50 million to launch a new milestone-based fusion d…
United States
U.S. Senate Votes to Amend Global Treaty to Curb Climate-Warming Gas
The U.S. Senate on Wednesday voted 69-27 to ratify an amendment to the Montreal Protocol that would cut the use of hydrofluorocarbons (HFCs), a major greenhouse…
Wave Energy
NREL Granted Patent for Marine Renewable Energy Technology
Scientists with the National Renewable Energy Laboratory have received a patent for a fledgling technology domain – distributed embedded energy converter techn…
Carbon Emissions
U.S. EPA to Consider Tougher Emissions Rules for Heavy Trucks
The U.S. Environmental Protection Agency (EPA) will consider adopting more stringent greenhouse gas emissions rules for heavy trucks after Congress passed new i…
United States
Amazon Drives Renewable Energy Push With 71 New Projects
Amazon.com Inc said on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new projects as it seeks to use 100% renewable energy acros…
Natural Gas
California Relied Heavily on Natural Gas During Sept Heat Wave -EIA
During an extreme heat wave in early September, the California power grid relied on natural gas for almost half of its electricity generation to meet peak deman…
Carbon Pricing
Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits
British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International
Net Zero Emission
GM Backs Setting Tough U.S. Emissions Targets for 2030
General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…
Crude Oil
U.S. Refiners May Soon Purchase More Canadian Crude
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…
Wind Turbine
Global Wind Turbine Order Intake Breaks Record in Q2
Strong activity in China pushed global wind turbine order intake to a new record of 43GW in quarter two of 2022 and up 36% from year-ago levels. This equates to…
Natural Gas
A Natural Gas Shortage Is Looming for the U.S.
While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike …
Oil Price
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Wind Power Project
US Launches Floating Offshore Wind Shot Initiative
In the US, several federal agencies have launched actions intended to develop new floating offshore wind platforms.
Natural Gas
Italgas Launches Innovation Drive in US
Italian gas DSO Italgas has opened a new ‘Innovation Antenna’ in Silicon Valley as part of the Mind the Bridge Innovation Centre in San Francisco.
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