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HomeEnergyNews

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Oil
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 […]

EnergyNews

Rhode Island lawmaker wants to require solar on new homes and parking lots

April 5, 2023 Mariel Alumit

A freshman lawmaker in Rhode Island has opened a provocative discussion: why not mandate solar panels on most new construction? Rep. Jennifer Boylan, a Democrat who has solar panels on her home in Barrington, said […]

Russia
Crude Oil News

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 […]

States
EnergyNews

The Hydrogen States of America: 8 U.S. Hydrogen Hubs to Watch – See This New Report

April 4, 2023 Mariel Alumit

With hydrogen difficult to store and transport, hydrogen hubs have emerged as a leading a solution to produce and consume the gas at scale. The U.S. Department of Energy has pledged to back up to […]

Minnesota
Electric Vehicles

Why Minnesota’s push to electrify government vehicles is going slower than expected

April 4, 2023 Mariel Alumit

​ A lack of inventory from auto manufacturers and a shortage of fast-charging options in rural areas are among the factors slowing progress toward Minnesota’s state government fleet electrification goal. The Minnesota Department of Administration […]

EnergyNews

Ovintiv Nearing Deal to Acquire EnCap’s Midland Assets

April 3, 2023 Mariel Alumit

Ovintiv Inc. is nearing a deal to acquire oil and gas assets in the Midland Basin from private equity firm EnCap Investments, according to people with knowledge of the matter.An agreement could be announced as […]

Energy Transition

Energy Transition Already Killing Off Long Life Assets – Geoffrey Cann

April 3, 2023 Mariel Alumit

As we work through energy transition, market forces are poised to create asset discontinuities. They are already wreaking havoc with the oil supply chain. Backstory I’m about to embark on a house renovation project. It […]

Oil
EnergyNews

Oil Price Jolt Compounds Inflation Puzzle for Central Banks

April 3, 2023 Mariel Alumit

​Central bankers who spent past weeks puzzling over how financial turmoil will impact their outlook now have a jolt in the form of higher oil prices to consider. The surprise production cut announced by OPEC+ […]

EnergyNews

Solar and Wind Are Growing Faster Than Fledgling Nuclear and LNG Once Did

April 3, 2023 Mariel Alumit

​Shell Plc recently published two energy security scenarios, its latest in a long series of thorough and (at least to energy analysts) memorable views into energy’s possible futures. The first, called Archipelagos, is an extension […]

EnergyNews

OPEC Supply Target Cuts a Preemptive Measure, J.P. Morgan Says

April 3, 2023 Mariel Alumit

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina April 3 (Reuters) – Brent oil prices […]

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