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HomeUS Energy News

US Energy News

Exxon
Exploration and Production

Oil Majors Exxon And Chevron Shift Focus To Americas

January 3, 2023 Mariel Alumit

Exxon and Chevron are betting big on oil and gas assets in the Americas as they seek to capitalize on abundant resources with good returns closer to home. Both U.S. supermajors have said in their […]

Electric Grid
Fossil

Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023

January 3, 2023 Mariel Alumit

The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the next year or […]

New York
Climate Crisis

New York proposes grid-scale energy storage tenders in roadmap to meet 6GW target by 2030

January 3, 2023 Mariel Alumit

A new roadmap outlining how New York can meet ambitious energy storage targets has been welcomed as “comprehensive and thoughtful,” including proposals to incentivise deployment. The US state aims to get to 6GW of energy […]

Energy
Energy Storage

Iron-air battery company Form Energy chooses West Virginia for first manufacturing plant

January 3, 2023 Mariel Alumit

Form Energy has chosen a site in West Virginia, US, to manufacture its multi-day iron-air battery with a total investment of up to US$760 million. The company will partner with the state of West Virginia […]

BP
Biofuel

BP buys US biogas company in a push to reduce carbon intensity

January 3, 2023 Mariel Alumit

UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company. Archaea Energy operates 50 RNG and landfill gas-to-energy facilities across the U.S., producing around 6,000 barrels of […]

Big Oil Companies

‘They ain’t seen nothing yet’: President Biden has accused oil companies of ‘war profiteering’ and threatened them with a windfall tax. But will it help with gas prices?

January 2, 2023 Mariel Alumit

In the wake of scorching inflation and Russia’s war in Ukraine, major gas companies like Chevron and Exxon Mobil are raking in profits. And it’s got President Joe Biden hot under the collar. In November, […]

energy
ESG

Meet the renewable energy source poised for growth with the help of the oil industry

January 2, 2023 Mariel Alumit

One of the oldest forms of clean power is ready for a comeback — and it’s not wind or solar. Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust — is drawing […]

Power
Crude Oil News

Comparing The Boom/Bust Cycle In Deregulated Power, Oil and Gas Services, With Recent Events In Bitcoin Mining

January 2, 2023 Mariel Alumit

Commodities are the lifeline to the global economy. We eat energy. Periods of strong demand often reveal strains in supply chains that lead to rapid price appreciation. Capital investment follows, with return expectations extrapolated from […]

Hochul
Climate Crisis

Brace yourself for mountains of pain and misery under Gov. Hochul’s zero-emissions fantasy plan

January 1, 2023 Mariel Alumit

With the start of the new year, New Yorkers are set to have their worlds turned upside down — and all for a fanciful green-dream plan that comes with sky-high costs and mountains of other […]

Pacific
Electrical Generation / Utilities

PGE, Pacific Power electricity rates increase Jan. 1

January 1, 2023 Mariel Alumit

Many Oregonians can expect higher electricity bills starting on New Year’s Day. Oregon’s utility regulator on Thursday announced approved rate increases for Portland General Electric and Pacific Power customers, citing increased costs to produce and […]

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