WASHINGTON (Bloomberg) –The Biden administration has ordered an immediate halt to new federal support for coal plants and other carbon-intensive projects overseas, a major policy shift designed to fight climate change and accelerate renewable energy worldwide. The […]
The U.S. shale industry first went on a consolidation spree back in 2015 when prices tanked after Saudi Arabia turned the taps on full in response to growing shale output. Since then, the consolidation has […]
It seems like “activist” environmentalist investors in Exxon simply aren’t ever going to be happy. A group of these investors is now urging Exxon to replace its CEO and move even quicker to slash greenhouse gasses, […]
Source: U.S. Energy Information Administration, database of U.S. LNG export facilities U.S. liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s […]
Source: Graph by the U.S. Energy Information Administration, based on Intercontinental Exchange and Bloomberg The front-month futures price for Brent crude oil decreased by $9.50 per barrel, or nearly 12%, on November 26 after the World […]
Texas will soon enter its first winter after last February’s statewide blackouts caused by a winter storm. The state has undergone significant reforms of its power grid, natural gas supply chain, and electricity market in […]
A group of 15 state fiscal officers, including Texas Comptroller Glenn Hegar, signed a letter to U.S. banks threatening to pull $600 billion in funds from entities that spurn fossil fuel industry financing. “At a […]
Engineering and tech firm Technip Energies has been awarded a contract by ADNOC to update the Front-End Engineering Design (FEED) for the Ghasha mega gas project in the UAE. Technip Energies said that the updated […]
ENB Publishers Note: There is a direct and undisputed relationship between inflation and the Energy Crisis. The countries that produce energy will have a lower inflation rate. Those that rely on others for their energy […]
Commodity prices climb faster than in previous recoveries Stocks, bond yields aren’t responding the way they used to Commodities are climbing fast as the world recovers from the Covid pandemic. But while the speed is […]
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