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HomeUS Energy News

US Energy News

Industry Insights

Environmentalists Petition EPA to Ban Natural Gas Use in Buildings

September 10, 2022 Mariel Alumit

​ From MasterResource By Mark Krebs — September 9, 2022 “The environmentalists have been emboldened by their ‘win’ with the passage of the IRA. Never satisfied, their petition is one of the first attempts to expand it.” […]

Crude Oil News

U.S. rig count had a decrease of 1 this week, at 759

September 10, 2022 Mariel Alumit

This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 759 rigs. Canada had a decrease of 3e over last week, resulting in a […]

Tesla
Electric Vehicles

Tesla considering lithium refinery in Texas, seeks tax relief

September 10, 2022 Mariel Alumit

(Reuters) Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles. […]

Exports

World’s Biggest Exporter Of LNG Says Supplies Will Be Tight The Daily Financial Trends

September 10, 2022 Mariel Alumit

Cheniere Energy, the world’s biggest exporter of liquified natural gas (LNG), is warning that this winter, it is looking like supplies of LNG may be, “really, really tight.” In a report by Reuters, Cheniere also […]

Oil rebounds
Crude Oil News

Oil rebounds from 8-month low after hitting oversold territory

September 9, 2022 Mariel Alumit

(Bloomberg) — Oil rebounded from an eight-month low as the market shrugged off a U.S. report showing swelling crude stockpiles and slumping demand. West Texas Intermediate advanced 2% in a move traders characterized as a […]

Qcells
Renewables Not Sustainable

US$150 million financing closed by Qcells for largest standalone BESS in Texas’ ERCOT market

September 9, 2022 Mariel Alumit

Vertically integrated solar PV and clean energy company Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project. The company announced yesterday that it had secured […]

U.S.
EIA News

In the first half of 2022, 24% of U.S. electricity generation came from renewable sources

September 9, 2022 Mariel Alumit

In the first six months of 2022, 24% of U.S. utility-scale electricity generation came from renewable sources, based on data from our Electric Power Monthly. The renewables’ share increased from 21% for the same time period […]

Europe
Carbon Capture

Carbon emissions laws to be relaxed as Europe turns to coal amid energy crisis

September 9, 2022 Mariel Alumit

Europe is currently in the middle of a deepening energy crisis, which will force it to burn more coal and rethink carbon policies if it gets worse. This has mostly been fuelled by the Russia-Ukraine […]

Tesla
Electric Vehicles

General Motors Just Reentered the Race to Beat Tesla

September 9, 2022 Mariel Alumit

A typical internal combustion engine has around 200 parts that need to be maintained and possibly replaced if they wear out. An electric vehicle takes that number down to around 20. Add to that the […]

LNG
LNG

LNG Could Be “Really, Really Tight” This Winter: Cheniere

September 9, 2022 Mariel Alumit

Limited global LNG supplies could be “really, really tight this winter, Cheniere Energy’s executive vice president for worldwide trading told Reuters on Thursday. Cheniere, the largest LNG exporter in the United States, believes that current […]

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