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HomeUS Energy News

US Energy News

U.S.
Downstream

U.S. oil refiners set for strong 4Q earnings as margins stay high

January 25, 2023 Mariel Alumit

Sun sets on the Philadelphia Energy Solutions plant refinery in Philadelphia, Pennsylvania, U.S., January 9, 2020. Picture taken January 9, 2020. REUTERS/Mark Makela Jan 23 (Reuters) – U.S. oil refiners are expected to report higher […]

U.S.
Big Oil Companies

U.S. Oil & Gas M&A Hits 17-Year Low; Big Firms Dominate Deals

January 24, 2023 Mariel Alumit

Jan 24 (Reuters) – U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its lowest level […]

NASA
Aljazeera International

NASA to test nuclear fission-powered spacecraft engine by 2027

January 24, 2023 Mariel Alumit

The top official at the United States space agency NASA has said the country plans to test a spacecraft engine powered with nuclear fission by 2027, an advancement seen as key to long-haul missions including […]

Commodities

US Gasoline Prices Continue To Rise

January 24, 2023 Mariel Alumit

Authored by Julianne Geiger via OilPrice.com, AAA: gasoline prices continue to climb throughout the U.S. Gasoline prices are up 11.8 cents over a week ago. Gasoline prices are rising along with the rise in WTI […]

Oil
Crude Oil News

TxOGA: Oil and gas impact on Texas economy is extraordinary

January 24, 2023 Mariel Alumit

Riding a level of oil and natural gas prices not seen in at least eight years, Texas oil and gas producers enjoyed a banner year in 2022 and in return contributed record amounts to not […]

General Electric
Earnings

GE’s 2023 profit forecast weighed down by renewable energy business

January 24, 2023 Mariel Alumit

General Electric on Tuesday reported better-than-expected quarterly earnings on robust demand for its jet engines and power equipment, but offered a disappointing profit forecast for this year as it struggles with persistent problems at its renewable […]

Amazon
Climate Crisis

Crude reality: One U.S. state consumes half the oil from the Amazon rainforest

January 24, 2023 Mariel Alumit

YASUNÍ NATIONAL PARK, Ecuador — The bulldozers rumble through after sunrise, clearing out massive amounts of trees in this remote and remarkable section of the Amazon rainforest. It’s a place where giant otters patrol the […]

Texas
Electrical Generation / Utilities

How Texas’ electricity plan could change the grid

January 24, 2023 Mariel Alumit

After a boom in wind and solar generation, regulators in the nation’s top energy-producing state are pushing ahead with a plan that would incentivize more natural gas plants on the power grid. The new framework […]

California Fuel Prices Set to Soar
Climate Crisis

California City Gives Up On 100% Renewable Plan – Physics and Economics contribute to change

January 21, 2023 Mariel Alumit

As California goes, so goes the nation, or so they say. If that rings true, the nation is set for a reversal of some of its strictest renewable energy plans, after the Huntington Beach City […]

Energy
Electrical Generation / Utilities

Critics say Duke Energy needs to move faster on solar to hit 2030 climate target

January 20, 2023 Mariel Alumit

​Clean energy advocates say a plan approved by North Carolina utility regulators last month raises serious doubts about Duke Energy’s ability to achieve the first major milestone under the state’s 2021 climate law. Under the […]

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