At 187 GW, Mozambique holds the largest potential power generation capacity in Southern Africa. Moreover, as hydropower, coal, natural gas and solar each continues to increase their respective share in the country’s energy mix, Mozambique is […]
Two years ago, Pioneer Natural Resources was reversing course and retrenching after Wall Street soured on the Irving-based oil and gas company. “The market clearly isn’t paying for your business model,” one analyst said while another complained […]
Iraq aims to finalize the sale of Exxon’s stake in the West Qurna-1 oil field by the end of June even after rival U.S. supermajor Chevron Corp. rejected overtures to buy the position. Basra Oil Co., the state-run […]
Senate Finance Chairman Ron Wyden proposed ending existing tax breaks for fossil fuels and creating new incentives for low-and-no carbon energy sources that he said would prune the existing “hodgepodge” of energy tax benefits. Wyden’s plan, […]
US Senate Democrat are pushing for an overhaul of federal energy tax incentives to help cut the country’s greenhouse gas (GHG) emissions. A group of 25 Democrats, led by Senate Finance Committee chair Ron Wyden […]
In 2018, the U.S. manufacturing sector consumed 19.4 quadrillion British thermal units (Btu) of energy, according to EIA’s latest Manufacturing Energy Consumption Survey (MECS). In 2018, six energy-intensive subsectors—chemicals, petroleum and coal products, paper, primary […]
EIA’s April Short-Term Energy Outlook (STEO) forecasts decreased total U.S. natural gas consumption in 2021 and 2022 following a decline in 2020. Consumption in 2020 was 1.9 billion cubic feet per day (Bcf/d) lower than […]
China is planning a mega-dam in Tibet able to produce triple the electricity generated by the Three Gorges — the world’s largest power station — stoking fears among environmentalists and in neighboring India. The structure will span […]
Significantly colder-than-normal temperatures in the Lower 48 states in late January through mid-February resulted in increased heating demand for natural gas in the United States, despite an otherwise warmer-than-normal winter. As a result, the winter […]
by Monique & Steve Jozwiakowski A temporary U.S. federal moratorium on new oil and natural gas leases has been in place since January as part of a Biden administration executive order to review new fossil […]
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