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Oil & Gas
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Oil & Gas
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans
Energy Economy
U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA
U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.
Oil & Gas
U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre
Oil & Gas
U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year
Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea
Oil & Gas
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive
U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top exec
Climate Change
Sewage Sludge May Play a Role in Clean Energy Future
Argonne scientists assess energy, nutrients and water resources from U.S. wastewater facilities.
Oil & Gas
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni
Oil & Gas
White House Leaves Door Open for Additional SPR Releases
The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n
New Energy Vehicles
GM Is Launching a New Business to Connect Homes and Businesses With EV Chargers, Energy Storage
GM is starting a new business unit to offer electricity storage and management for homes and businesses.
Power Grid
FirstEnergy Brings 3-Year US Smart Grid Automation Project to a Close
As the grid implications of intense weather events become more obvious, an electric utility in Ohio has announced the completion of a smart grid automation proj
Oil & Gas
Prices at the Pump Are Ticking Higher After OPEC Decision
Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the
Climate Change
Honeywell Announces New Ethanol-to-Jet Fuel Technology
Tech firm Honeywell International Inc will roll out technology that could increase supplies of lower-carbon aviation fuel produced from ethanol.
Oil & Gas
Experts: U.S. LNG Growth Could Slow Next Year
While American LNG is poised for long-term growth, next year could see a slowing of domestic natural gas demand due as infrastructure and expansion plans experi
Oil & Gas
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e
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