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Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Energy Storage Project
Energy Storage Set to Compete in US Wholesale Markets Following Landmark Ruling
Distributed energy storage facilities in the United States will join the wholesale market and compete to provide grid services.
Market Analysis
Rising Global Coal Demand by 2050 Unavoidable, DOE Official Says
The United States and other countries need to take massive action to capture and store carbon dioxide from coal-fired power plants.
Oil & Gas Trade
Putin, Trump Discuss G7 Summit, Oil Markets Over Phone
Russian President Vladimir Putin spoke by phone with U.S. President Donald Trump at the initiative of the United States.
Electric Car
China's Chery Auto Plans to Sell Cars in EU, United States: Chairman
China's Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover, is planning to sell its own-branded cars in the European Union and Unite…
Oil & Gas Trade
US and Iran on Collision Course Over Oil Shipments to Venezuela
The first of five Iranian oil tankers headed to Venezuela has arrived, amid tension over the possibility the United States could attempt to halt the deliveries.
Solar Technology
Lead-Free Quantum Dot Solar Cells with 10% Efficiency
Scientists in the United States have created a quantum dot solar cell which has a photon-to-electron conversion efficiency of 85%. The device is also said to ex…
Clean emission
Global CO2 Emissions to Drop 4-7% in 2020
Four countries or blocs -- China, the United States, the European Union and India -- accounted for two-thirds of the downturn across the first four months of 20…
Oil & Gas Trade
United States bump LNG exports in March
The United States increased the liquefied natural gas (LNG) exports in March with European countries remaining the top customers.
Nuclear Technology
DOE Launches Program to Demonstrate Advanced Nuclear Reactors Within 5 Years
Private developers of nuclear reactors in the United States are demonstrating their technology in the United States.
First, Renewable Energy Is Poised to Eclipse Coal in U.S.
The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…
Market Analysis
Renewables Overtake Coal in US Power Generation
Hydropower plants, solar farms, and wind farms generated more electricity than coal in the United States for a record 40 days in a row, the Institute for Energy…
Oil & Gas Trade
U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever
The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy…
Energy Storage Battery
SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.
SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.
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