Crude oil futures were higher in mid-morning Asian trade July 13, trimming losses after a plunge of more than 7% overnight as the near-term outlook weakened considerably amid COVID-19 curbs in China and weakening sentiment […]
The American Petroleum Institute (API) reported a large build this week for crude oil of 4.762 million barrels, while analysts predicted a draw of 1.933 million barrels. The build comes as the Department of Energy […]
Crude oil prices tumbled overnight Tuesday as growing COVID-19 cases in China increased ongoing worries of an economic slowdown, both fueling fears of demand destruction, Australia’s ANZ Bank said in a Wednesday note. The prospect […]
The US Energy Information Administration forecast record US crude oil production in 2023 at 12.8 million barrels per day, up from an expected 11.9 million barrels per day of production in 2022. In its July […]
US dry natural gas production in 2022 is expected to rise 2.7 billion cubic feet per day, or 3%, year over year, further increasing to nearly 100 Bcf/d in 2023, the US Energy Information Administration […]
Oil traders are selling oil again as concern about the course of the global economy deepens, taking the upper hand over supply fears. Brent crude has lost more than $20 per barrel over the past month, […]
Vector Green Energy is wholly owned by funds managed by Global Infrastructure Partners India, the Indian affiliate of Global Infrastructure Partners (GIP) – a leading global independent infrastructure fund manager. Standard Chartered Bank is advising […]
“SJVN today entered into an EPC (Engineering Procurement & Construction) contract for two projects namely 75 MW Solar Project at Gurah district Jalaun and 50 MW Solar Project at Gujrai district Kanpur Dehat with Solarworld […]
Builds in global oil inventories seen for the first time in two years have helped to ease crude oil prices, the US Energy Information Administration said July 12 as it lowered its 2022 oil price […]
Bloom Energy and LSB Industries Inc. have revealed plans to install a 10-megawatt (MW) solid oxide electrolyzer at LSB’s facility in Pryor, Oklahoma. The project is expected to generate green hydrogen that will contribute to […]
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