More than 3.5 million pounds of highly radioactive nuclear waste is buried on a coastal bluff just south of Orange County, near an idyllic beach name-checked in the Beach Boys’ iconic “Surfin’ U.S.A.” Spent fuel rods from […]
Tepid demand for diesel and other distillate products such as heating oil has had traders competing for storage tanks on the U.S. East Coast to wait out the current market weakness, Reuters reported on Tuesday, quoting data […]
The nationwide average price of gasoline in the United States has risen for three consecutive weeks, gaining 4.3 cents over the past week, to hit $3.62 per gallon on Monday, according to Gasbuddy data. Compared […]
HOUSTON, April 22 (Reuters) – U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider conflict in the Middle East. U.S. West Texas Intermediate crude was up 1 […]
UK-based start-up, affiliated with the larger European energy group NatPower Group, has revealed plans to license three ‘gigaparks’ of large battery storage projects by next year, with ambitions to expand to ten more by 2025. […]
LONDON, Feb 6 (Reuters) – Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from […]
Natural gas storage — especially well-sited storage with lightning-fast deliverability rates — is taking on a new significance (and value) as LNG export facilities and power generators seek to manage their often-volatile gas demand. But […]
China’s onshore oil inventories have fallen, signaling a potential increase in international market purchases. Beijing’s oil consumption and reserve levels are key to global price trajectories, with moderate restocking expected due to economic struggles. While […]
Supplies of natural gas in the EU’s underground storage facilities continue to shrink as cold weather is forcing more fuel to be used for heating, Interfax reported on Tuesday. Gas inventories in the EU, one […]
Yahoo Finance (Reuters) –Oil prices fell 2% on Thursday, largely unwinding an earlier rally, as massive weekly gasoline and distillate stock builds overshadowed a larger-than-expected crude stock draw. Brent crude fell by $1.57, or 2%, […]
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