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HomeUS Energy News

US Energy News

California
M & A

Oil giants sell thousands of California wells, raising worries about future liability

October 27, 2022 Mariel Alumit

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive stories in your inbox every week. The price of oil produced in California this […]

America
Crude Oil News

So much for American energy independence

October 27, 2022 Mariel Alumit

I remember staring out the window of my mom’s brown Pontiac LeMans as we waited in a two-block-long line at the gas station during the 1970s oil embargo. Even as a kid, I understood energy independence […]

ENERGY
Enverus

ENERGY MARKET GROWTH & PRODUCTION: 3 TRENDS YOU NEED TO KNOW

October 27, 2022 Mariel Alumit

Operators and oilfield service companies need to keep pace with the volatile and rapidly evolving energy industry. However, if you are relying solely on public filings to make investment decisions or anticipate future activity, you’re […]

Oil Major
Crude Oil News

Oil Major Earnings Will Reignite The Windfall Taxes Debate

October 27, 2022 Mariel Alumit

The collective profits of Exxon, Chevron, Shell, BP, and TotalEnergies for the last quarter would come in at $50.7 billion. Big oil firms are expected to earn less than in the blockbuster quarter that was […]

Commodities

The Freight Industry Is Looking At A “Very, Very Ugly” End Of 2022

October 27, 2022 Mariel Alumit

By Craig Fuller, CEO of FreightWaves For freight companies, this year’s peak will be weak Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many […]

Granholm to Europe: Tough Luck - or pound sand depending on what country your from
Downstream

Biden Killed The Refineries – Energy Execs Tell Granholm Shuttered US Oil Refineries Won’t Restart

October 27, 2022 Mariel Alumit

Authored by Julianne Geiger via OilPrice.com, U.S. energy executives told Jennifer Granholm that shuttered crude oil refineries won’t restart, Valero’s Chief Executive Joe Gorder said on Tuesday. The comments were made to the U.S. Energy […]

Crude Oil News

WTI Extends Gains As ‘Strategic Midterm Reserve’ Hits 1984 Lows

October 26, 2022 Stu Turley

Oil prices are rallying this morning as the dollar continued to weaken (to 3-week lows), shrugging off any worries about the surprise crude build API reported last night. “Crude oil remains rangebound,” said Ole Hansen, […]

energy storage
ET Renewable

Investments in energy storage, smart grid rose 66 pc to USD 25 bln in Jan-Sep period: Report

October 26, 2022 Mariel Alumit

“Total corporate funding for energy storage, smart grid, and efficiency companies in 9M 2022 was record USD 25 billion compared to USD 15.1 billion raised in 9M (January-September) 2021,” the global clean energy consulting firm […]

US
US Energy News

US corn farmers face challenges as dry weather continues

October 26, 2022 Mariel Alumit

Dry US weather conditions during the growing period of the marketing year 2022-23 corn crop has resulted in less-than-expected yields. The lack of rain has also lowered water levels in key US waterways used to […]

China
International News

China wants America’s natural gas. Some lawmakers are worried.

October 26, 2022 Mariel Alumit

China is buying up America’s natural gas — sparking worries across Washington and fueling a potential new clash between the two global powers. Chinese energy companies are the fastest growing customers of American natural gas […]

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