Source: Graph created by EIA, based on data from Federal Energy Regulatory Commission (FERC) Financial Reports, as accessed by Ventyx Velocity Suite Annual spending on electricity distribution systems by major U.S. utilities continues to increase. Utilities […]
BRUSSELS, – European Union countries will seek to prolong EU support for cross-border natural gas projects, a stance at odds with the European Commission’s plan to end such funding, according to a draft document. The EU’s “TEN-E” rules […]
A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund’s nominated directors to the oil giant’s board after a months-long battle over the company’s […]
London, 27 May 2021 – Eni and Progressive Energy Limited have announced the signing of a framework agreement to further accelerate carbon capture and storage (CCS) within the HyNet North West low carbon cluster project. Under […]
A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), April and May 2021 The rapid increase in COVID-19 cases in India has led to various travel restrictions, which reduced consumption of transportation fuels such as gasoline and diesel. […]
Brazil’s state-controlled Petrobras’ 115,000 b/d Abreu e Lima refinery (RNEST) will undergo 90 days of maintenance starting in June, putting a strain on domestic production of green petroleum coke and ultra-low sulfur diesel. The company […]
KARACHI: Pakistan‘s largest nuclear power plant was opened on Friday, generating electricity for the national grid as the country tries to wean itself off its reliance on fossil fuels. The facility, built with Chinese assistance, in the […]
WARSAW, Poland – Poland’s government on Monday defied an injunction by the top European Union court that ordered the immediate closure of a major brown coal mine, with officials saying it would shake the nation’s energy system and lead to the […]
LONDON, – Japan’s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin’s biggest fields in a deal that could fetch up to $1.5 billion, […]
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