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HomeEnergyNews

EnergyNews

Crude Oil News

Oil Prices Stable as Economic Fears Balance OPEC+ Cuts, U.S. Stock Draw

April 6, 2023 Mariel Alumit

(Reuters) – Oil prices were stable on Wednesday, as the market weighed gloomy economic prospects against expectations of U.S. crude inventory declines and OPEC’s voluntary output cuts announcement. Brent crude futures gained 22 cents, or […]

Crude Oil News

U.S. Shale Drillers Score a Cashflow Bonanza Thanks to OPEC+ Cut

April 6, 2023 Mariel Alumit

​OPEC’s surprise decision to slash oil production stands to enrich an unexpected cohort: US shale drillers. The shock announcement sent US oil prices up by as much as $6 a barrel, signaling a new round […]

EnergyNews

A Football Field-Sized Boat Will Service US Offshore Wind Farms

April 6, 2023 Mariel Alumit

At a Louisiana shipyard Tuesday, construction slowed so executives, politicians and reporters could tour a boat that’s almost as long as a football field. Some workers welded steel bulkheads, while others used an industrial press […]

Australia
Energy Crisis

Australia Vows to Keep Asia’s Gas Flowing Despite Emissions Cut

April 6, 2023 Mariel Alumit

Australia is committed to remaining a major natural gas supplier for Asia’s largest economies, Resources Minister Madeleine King said, less than a week after the nation passed targets to drastically cut emissions from its export […]

Climate Crisis

UAE’s Top Oil Executive Has a Plan to Fix COP28

April 6, 2023 Mariel Alumit

​In the months before the signing of the Paris Agreement, the then-crown prince of oil-rich Abu Dhabi wondered aloud about the fate of his sheikhdom at the end of the fossil fuel era. “After we […]

tax and energy
Energy Crisis

The Gloves Come Off – Joe Biden vs Joe Manchin: ENERGYminute

April 6, 2023 Mariel Alumit

Courtesy of New York Magazine Courtesy of ENERGYminute   See more articles and infographics from ENERGYminute HERE If the Biden administration was a 90s rock band, they’d be Oasis: a promising start with great potential, partially deliver […]

EnergyNews

Advocates say conditions may be improving for rooftop solar in Wisconsin

April 6, 2023 Mariel Alumit

​ Wisconsin solar advocates are applauding a recent decision by state regulators and hoping it is a sign the industry may finally get clarity on the legality of third-party-owned solar in the state. Meanwhile, a […]

OPEC+
EnergyNews

OPEC+ in Driver’s Seat as Oil supply Growth Lags Demand

April 5, 2023 Mariel Alumit

​ The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given limited supply growth by other producers such as U.S. shale firms and still-growing demand despite […]

Biden
EnergyNews

The Gloves Come Off – Joe Biden vs Joe Manchin: ENERGYminute

April 5, 2023 Mariel Alumit

​ Courtesy of New York Magazine Courtesy of ENERGYminute   See more articles and infographics from ENERGYminute HERE If the Biden administration was a 90s rock band, they’d be Oasis: a promising start with great potential, partially […]

EnergyNews

OPEC+ in Driver’s Seat as Oil supply Growth Lags Demand

April 5, 2023 Mariel Alumit

The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given limited supply growth by other producers such as U.S. shale firms and still-growing demand despite the […]

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