The prices of renewable identification number (RIN) credits–a compliance mechanism used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)–have remained high in 2022. So far this year, RINs […]
During the past 12 months (July 2021-June 2022), the monthly average Henry Hub natural gas spot price, which is a U.S. benchmark, nearly doubled, according to data from Refinitiv Eikon. The price rose from $3.84 […]
We have updated our maps and geologic information for the Spraberry formation in the Midland Basin, which continues to be one of the most prolific areas for hydrocarbon production in the United States. The formation […]
Texas is grappling with another heatwave, with highs reaching 114 degrees, placing extreme pressure on a power grid that has come under scrutiny in recent years for its ability to handle increased demand, Rystad Energy […]
Power plants in Germany are finding it increasingly difficult to source coal amid an energy crisis that is spiraling out of control as falling water levels on the Rhine river add to supply challenges caused […]
After suspending leases on new oil and gas exploration at the beginning of the year, a new plan by President Biden may now allow for new drilling in the Gulf of Mexico. Oil majors across […]
As searing Texas heat drives power demand to record highs, the state’s grid operator is ordering plants to run at a historic pace, often forcing them to put off maintenance to keep cranking out electricity. […]
Sri Lanka is on fire and enraged protesters have stormed the presidential palace. Dutch farmers continue to protest all across the Netherlands by blocking roads with their tractors. Germany, Italy, and Poland have all had their own […]
Dubai, 16 July (Argus) — An “unrealistic” energy transition strategy that excludes hydrocarbons could fuel a surge in inflation and energy costs, Saudi Crown Prince Mohammed bin Salman warned today. “Adopting unrealistic policies to reduce […]
Saudi Arabia and the US signed 13 investment agreements on the sidelines of US President Joe Biden’s visit to the kingdom on Friday, as the Arab world’s biggest economy seeks to attract more foreign direct investment for diversification. […]
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