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HomeUS Energy News

US Energy News

Energy Transition

Cleveland green bank aims to bring clean energy to underserved communities

October 9, 2023 Mariel Alumit

​A Cleveland, Ohio, green bank is leading a multi-state effort to secure a chunk of $7 billion in funding for low-income residential solar installations under the federal Inflation Reduction Act. Growth Opportunity Partners, a community […]

Energy Tech

BP’s $4.1 Billion Bet on Renewable Natural Gas Gets Underway

October 7, 2023 Mariel Alumit

The fields of southern Indiana are an unlikely proving ground for BP Plc’s $4.1 billion bet on renewable natural gas. There, in the small, rural town of Medora, a first-of-its-kind modular facility will start operating […]

Carbon Credit

Coming Sooner Than Expected: Carbon-Disclosure Rules for U.S. Companies

October 7, 2023 Mariel Alumit

Many big U.S. companies have been fighting in Washington to block rules requiring them to disclose their greenhouse-gas emissions. They picked the wrong fight. California and the European Union are both poised to approve rules […]

Big Oil Companies

Shell CEO plans company-wide meeting to discuss shift back to fossil fuels

October 7, 2023 Mariel Alumit

Bloomberg) – Shell Plc Chief Executive Officer Wael Sawan will meet with employees later this month to discuss the decision to put a greater share of investment into fossil fuels. Shell CEO Wael Sawan Sawan […]

Big Oil Companies

Exxon investors ready to embrace buying existing oil over new drilling

October 7, 2023 Mariel Alumit

Exxon Mobil’s investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the last […]

Big Oil Companies

US would struggle to block Exxon’s politically unpopular megadeal

October 7, 2023 Mariel Alumit

The White House may have blamed Exxon Mobil for high energy prices taking their toll on consumers, but would struggle to thwart the top U.S. oil producer’s contemplated $60 billion acquisition of Pioneer Natural Resources, five antitrust lawyers and […]

Texas
Coal

Texas Grid Operator Wants Closed Gas and Coal Plants as Winter Backup

October 6, 2023 Mariel Alumit

The Electric Reliability Council of Texas wants to increase the amount of power it can quickly access in the case of extreme demand. It specifically is looking toward a decommissioned coal-fired power plant near San […]

EnergyNews

In Michigan, local tensions threaten solar + agricultural projects

October 6, 2023 Mariel Alumit

​ This story was originally published by Grist. This coverage is made possible through a partnership with Grist and Interlochen Public Radio in Northern Michigan.  Michigan isn’t known for sunny weather. Yet in recent years, […]

Exxon Mobil Closing In on Megadeal With Shale Driller Pioneer
Exploration and Production

Exxon Mobil Closing In on Megadeal With Shale Driller Pioneer

October 6, 2023 Mariel Alumit

Exxon Mobil XOM -2.25%decrease; red down pointing triangle  is closing in on a deal to buy Pioneer Natural Resources PXD -0.17%decrease; red down pointing triangle , a blockbuster takeover that could be worth roughly $60 billion and reshape the […]

Price
EIA News

Peak hourly U.S. electricity demand in July was the second highest since 2016

October 5, 2023 Mariel Alumit

October 5, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor On July 27, 2023, peak hourly electricity demand in the continental United States reached 741,815 megawatthours (MWh). This peak was the second […]

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