June 7, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook According to our Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most […]
Former United States Vice President Mike Pence has become the latest Republican to announce a bid for the party’s ticket in the 2024 presidential election, setting up a race that will see him attempt to […]
Opposition lawmakers have nabbed the majority of seats in Kuwait’s parliament, in the Gulf country’s third election in the last three years. Tuesday’s snap election took place amid a long-running political crisis that has seen […]
NewsMilitary Rwandan President Paul Kagame has sacked several high-ranking military officials, a day after naming a new defence minister and army chief in a major reshuffle of the country’s security apparatus. A statement by the […]
The Energy Information Administration has increased its forecast for U.S. oil production this year, projecting an increase of 720,000 barrels per day. While it expects U.S. oil production to increase, the EIA sees demand for […]
ConocoPhillips is set to develop its Nuna field project in Alaska and expects a peak oil rate of 20,000 barrels per day from the site, the company said in a news release. Construction will begin […]
Summer’s coming. That means sunshine, swimming, cookouts — and blackouts. That’s the warning from the North American Electric Reliability Corporation. According to NERC, at least two-thirds of the country is at risk for major power outages […]
Ohio ratepayers will again shell out money for two 1950s-era coal plants next month, following a year of cents-per-month credits. Meanwhile, regulators have yet to rule on years-old challenges to millions of dollars of […]
Hollywood director Oliver Stone believes nuclear power is safe. Period. Full stop. And the war in Ukraine hasn’t changed his thinking. At a time when most scientists agree we need to drastically cut our fossil […]
Oil prices dipped lower today, back to basically unchanged since Saudi’s production cuts were announced as persistent economic uncertainty weighs on the outlook for demand. Saudi Arabia’s production cuts “will take some supply off the […]
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