Oil prices rebounded off session lows to trade flat. Rumors of a pending Iran deal which would return presently sanctioned Iranian supplies to the market drove prices down. But then a warning from Saudi Arabia […]
Guest essay by Larry Hamlin In what has to be one of the most outlandish and expensive energy and emissions misrepresentations in U.S. history the energy and climate alarmist globally clueless Democrats have passed […]
U.S. Henry Hub prices have climbed to a record high, Rystad Energy analyst Lu Ming Pang highlighted in a market note sent to Rigzone on Wednesday. The commodity almost hit the $10 per MMbtu mark […]
Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company said […]
UK workers’ union Unite has started a ballot for over 300 offshore drilling and contract maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) on strike action. The ballot opened on August 22 and […]
The most important technological improvement in U.S. coal mining during the past 50 years was the application of long-wall mining, according to sources in the West Virginia Coal Industry. For long-walls, the average number of tons produced per […]
Gazprom’s recently announced unplanned three-day shutdown of the Nord Stream gas pipeline next week sent European natural gas prices to new highs as supply concerns returned in full. The new Russian gas curtailment to Germany […]
Reuters is reporting Wayfair will cut 870 jobs, among them approximately 400 in Boston, as part of a 5% cut of its global workforce. Niraj Shah, Wayfair CEO and co-founder, said in a memo, “We […]
August 23, 2022 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor Note: We adjusted values for previous years to align weekdays and weekends. In the U.S. Lower 48 states, electric power generated by […]
According to S&P Global data, for the first time in a year and a half, France’s economic output is declining, following in the steps of Germany. S&P Global tracked a gauge of French private sector […]
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