Multiple Canadian companies, including the country’s most prolific natural gas producer, plan on growing volumes and capital spending in the quarters ahead, in stark contrast to major US oil and gas operators prioritizing fiscal discipline […]
Oil prices dropped on Friday, on track for a weekly loss of over 5% as new lockdowns in countries facing surging cases of the Delta variant dampened the outlook for fuel demand. Broader investor risk […]
Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2020 The United States continued a trend of significant growth in large-scale battery storage capacity in 2020, when year-end U.S. battery power capacity reached 1,650 megawatts […]
Leading into COP26 climate negotiations, China announced a new goal of net-zero emissions by 2060 including reaching 1,200 gigawatts (GW) total wind and solar by 2030, more than doubling current capacity. But despite this pledge, China continues […]
‘The market hasn’t exactly cheered BHP Group’s proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal. A point of […]
BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth $38.5 billion ($28 billion) with growth assets in Australia […]
ENB Publishers Note: I wrote a paper in 1977 about using fusion and fission reactors. The prediction was that it would be 80 to 100 years before a working fusion reactor could be built. That […]
Source: U.S. Energy Information Administration, Hourly Electric Grid Monitor On August 12, 2021, most of the United States registered a daily high temperature above 90°F. Our Hourly Electric Grid Monitor shows that hourly electricity demand in the Lower 48 […]
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch. LNG supplies entering European grids in July fell to the lowest for that month in three years and the […]
Antofagasta Plc warned it will produce less copper than expected this year as Chile’s ongoing drought hampers its operations. Chile, which includes some of the world’s driest deserts, has been struggling with a decade-long drought exacerbated […]
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