Energy News Beat Publishers Note: David Ramsden Wood, (or as his friends call him DRW), has a great real-life story as an example of what we call “Balanced Power Diet”. All forms of power and […]
Natural gas traded at a record $600 per million British thermal units in Oklahoma over the long holiday weekend with a deep freeze across the central U.S. intensifying, according to traders. Temperatures fell so far […]
The move sheds light on a dirty secret of the solar industry: it relies on Xinjiang and its cheap coal power to produce half of its key raw material Chinese solar companies are among 175 […]
Vostok Oil is one of Russia’s biggest oil projects, comparable in size with the exploration of West Siberia in the 1970s or the U.S. Bakken oil province over the past decade. Rosneft has held talks with international […]
Coal is projected to remain the largest single source of electricity in India in 2040, according to Michelle Manook, Chief Executive, World Coal Association. She said that coal will continue to play a vital role in supporting intermittent renewable energy sources […]
Oil storage locations across the Americas are emptying as the remarkable rally in crude prices undermines the need to buy and stockpile barrels. Tank owners were one of the few benefactors from last year’s collapse […]
U.S. President Joe Biden’s push to slash carbon emissions may inadvertently give a short-term boost to energy companies in one of the world’s biggest polluters. Investors are betting that Russian oil giants such as Lukoil […]
Oil rose for a seventh day in New York, the longest streak in almost two years, on continued signs the global market is tightening and demand is improving. West Texas Intermediate futures increased 0.3% on […]
In its Annual Energy Outlook 2021 (AEO2021), the U.S. Energy Information Administration (EIA) projects that the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050. Wind and […]
Highlights Iran’s output now about 2.1 mil b/d: S&P Global Platts Market seems to be in balance after OPEC+ cuts: Zamaninia Oil minister Zanganeh defers on OPEC’s next quotas The oil market could absorb more […]
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