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Premium
Downstream

Premium Gasoline at the Pump Is Getting More Expensive

March 17, 2023 Mariel Alumit

​Here’s some bad news for drivers of luxury cars and large sport-utility vehicles who are pumping the top grade of gasoline: the premium they pay over regular fuel is getting pricier.US and European refiners are […]

Hampshire
EnergyNews

A New Hampshire in-home energy storage program saved money and helped the grid

March 17, 2023 Mariel Alumit

​The early results of a New Hampshire battery storage pilot are being widely hailed, but it remains unclear whether the program will be expanded to test new models and new ways of benefiting consumers. The […]

OPEC
Crude Oil News

OPEC+ Views Oil Price Drop as Financially Driven, Delegates Say

March 17, 2023 Mariel Alumit

OPEC+ considers this week’s slide in oil prices to a more than one-year low to be driven by financial fears, not any imbalance between demand and supply, and expects the market to stabilise, four delegates […]

EnergyNews

Oil’s Rout Shows China Demand Hope No Match for Macro Collapse

March 16, 2023 Mariel Alumit

​This year the oil market has seen a tussle between those believing China’s demand will surge and others worried about an economic slump in Europe and the US. On Wednesday, the bears won.Oil tumbled to […]

Texas
EnergyNews

Texas Says NRG, Vistra Used Size to Raise Power Prices

March 16, 2023 Mariel Alumit

​Texas power regulators say the state’s three largest generators used their size to boost power costs for consumers by as much as $380 million after the deadly 2021 winter storm. NRG Energy Inc., Vistra Corp. and Calpine […]

Exxon
EnergyNews

Exxon’s Texas Plant Is Likely the Last Major U.S. Refinery Project

March 16, 2023 Mariel Alumit

​ When Exxon Mobil Corp.’s newest addition to its southeast Texas refinery ramps up to full production in the next few weeks, it’ll be the first major expansion of US fuel-making capacity in at least […]

Shell
EnergyNews

Shell rules out more ambitious goal for end-user emissions

March 16, 2023 Mariel Alumit

​ A diesel fuel nozzle is seen attached to a car at a Shell petrol station in Berlin, Germany October 22, 2018. REUTERS/Fabrizio Bensch/ LONDON, March 16 (Reuters) – Shell (SHEL.L) has ruled out setting targets to […]

EU
EnergyNews

EU unveils plans to lead in green industrial revolution

March 16, 2023 Mariel Alumit

European Commission President Ursula von der Leyen presents a “communication” detailing the EU’s “Green Deal Industrial Plan” to ensure the bloc plays a leading role in clean tech production, partly in EU’s response to the […]

cleantech
EnergyNews

Inside cleantech’s financial crisis

March 15, 2023 Mariel Alumit

? Hello and welcome to Energy News Weekly! Today, we’re breaking down the collapse of Silicon Valley Bank and what it means for the climate tech startups and community solar financers that depended on it. […]

EnergyNews

U.S. natgas drops over 5% on banking rout-led risk selloff

March 15, 2023 Mariel Alumit

Front-month gas futures for April delivery dropped for a second-straight session, slipping 14.5 cents, or 5.6%, to $2.428 per million British thermal units at 10:42 am EDT (1442 GMT). “Concerns about the banking sector and […]

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