This edition of the Short-Term Energy Outlook (STEO) is the first to include forecasts for 2022. The January STEO remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity and […]
Energy News Beat Publishers Note: This is an excellent summary from DRW on the world wide phenomena of EV investments. Tesla is capturing significant market share from all of the EV manufactures and is making […]
Georgia Power is likely to adjust the dates for the start of hot functional testing and fuel load for the Vogtle-3 nuclear power plant under construction in the US, but still expects to achieve the […]
Britain has burned more coal in the last seven days than at any time in nearly a year, suggesting that progress towards one of the UK’s key climate goals is stalling and illustrating the need […]
According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, 9.1 gigawatts (GW) of electric generating capacity is scheduled to retire in 2021. Nuclear generating capacity will account for the largest share of […]
The oil giant Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be […]
A survey of oil and gas workers has spotlighted a “crisis of confidence” in the sector, ushered in by the Covid-19 pandemic. Released today, the Global Energy Talent Index (GETI) revealed that 78% of professionals […]
The decision by OPEC+ to continue shielding the global oil market by curtailing its output, even with generous self-imposed cuts like Saudi Arabia’s 1 million barrels per day “gift”, has helped WTI crude prices exceed […]
Iran has been waiting since former U.S. President, Donald Trump, unilaterally pulled his country out of the Joint Comprehensive Plan of Action (JCPOA) in May 2018 and then re-imposed sanctions on Iran, for him to […]
(Bloomberg) –Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a barrel, to the highest […]
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