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Crude Oil
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
Crude Oil
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…
LNG
US LNG Sector to Pitch Gas Deals for Europe
A senior EU official overseeing the bloc's energy policy is set to meet next week with US LNG industry insiders, who say recent tensions with Russia add relevan…
Nuclear Power Plant
Terrestrial Energy Extends Fuel Testing Programme
The results will support licensing applications for commercial deployments of Integrated Molten Salt Reactor power plants.
Energy Storage Battery
Quinbrook Subsidiary GlidePath Breaks Ground on 50MW/50MWh Texas Battery Project
Energy storage asset developer and owner GlidePath has begun construction of a 50MW/50MWh battery energy storage system project in Texas.
Crude Oil
U.S. Releases Another 13.4 Million Barrels From SPR
The U.S. administration has approved the release of another 13.4 million barrels of crude from the strategic petroleum reserve in a move first announced last No…
Hydrogen Project
GS E&C to Export Green Hydrogen Plant Modules to the U.S.
GS Engineering & Construction will export renewable green hydrogen plant modules to California of the United States.
Wind Power Project
Meta to Feed off 225MW Iowa Wind
Great Pathfinder project will supply a data centre campus planned for expansion in Altoona
Energy Storage Project
Vistra Announces Expansion of World's Largest Battery Energy Storage Facility
Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California.
Natural Gas
Texas Natural Gas Production Falls as Freezing Weather Sets in
Texas natural gas production dropped for the second time this month because of freezing temperatures settling over the state.
Electricity Reform
Mexico's Energy Reform Strains Ties With US
Mexico's plan to favor its own state-owned electrical power plants and limit energy sales by private, foreign-built projects could affect U.S. investment in Mex…
Market Analysis
EIA Forecasts US Fossil Fuel Production to Reach New Highs in 2023
After declining in 2020, the combined production of US fossil fuels increased by 2% in 2021 to 77.14 quadrillion British thermal units.
Wave Energy
New Jersey Politician Plans Wave Energy Boost
Assembly member Robert Karabinchak is aiming to introduce a new legislative initiative to help the sector
Virtual power plant
Duke Energy Florida Sets up Bring-Your-Own-Battery Virtual Power Plant Pilot Program
Duke Energy Florida has set up a virtual power plant pilot program where residential customers can sign up with their own existing batteries.
United States
US Refining Expects Resurgent 2022
US refiners are set for a shift back toward pre-pandemic profits in 2022, with many expecting Covid-19 restrictions to taper amid rebounding demand for products…
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