ENB Pub Note: This is a horrific decision by the Biden administration. It will only exacerbate the supply issues facing the world oil supply in December. Replacement of the oil will be a problem, and […]
Siemens’ international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW. The debt […]
Getting to carbon net-zero will require using fossil fuels until technology can make renewables cost-effective. The biggest negative to oil and gas is the methane leaks from the storage tanks and the tank batteries. What […]
ENB Publishers Note: If Russia is to invade, Putin needs to take the steps in the next 10 days for 2 reasons. His tanks will sink in the mud, and the demand for winter natural […]
Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports. Friday, December 23rd, 2021 The interdependence of oil […]
Oil in New York posted its second weekly gain as the impact of Hurricane Ida continues to snarl U.S. oil production, though prices edged lower Friday following a weak U.S. jobs report. West Texas Intermediate […]
Source: Graph by the U.S. Energy Information Administration, based on data from the California Independent System Operator (CAISO) Curtailments of solar-powered electricity generation have increased in the California Independent System Operator (CAISO) region, the part of the electric […]
Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2020 The United States continued a trend of significant growth in large-scale battery storage capacity in 2020, when year-end U.S. battery power capacity reached 1,650 megawatts […]
The U.S. is swimming in so much jet fuel that even this summer’s surge in air travel can’t save the market. Air traffic in the U.S. has jumped to more than 2 million passengers a […]
Beijing: Plans were announced this week for two new electric car battery plants in France and Britain involving Envision, the Shanghai-based company that has quietly built a global renewable energy empire. Envision’s two billion euro ($2.4 billion) electric […]
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