From California to Texas to New England, America’s power grid reliability is in alarming shape. And there’s a common thread: The nation is taking apart its existing energy infrastructure far faster than it’s building reliable […]
(Reuters) – Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices, a junta spokesperson said, the latest developing country to do so amid a global energy crisis. […]
During the past year, open interest, or the total number of West Texas Intermediate (WTI) futures and options contracts that have not been settled, has declined by 763,000 contracts (26%), averaging 2.28 million contracts in […]
Unions at Shell Plc’s Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year […]
At last count, there were 214 wind farms and 111 solar farms in Texas. Dozens more are under construction, and hundreds more under consideration. Those in operation generate about a quarter of the state’s electricity, […]
Energy Intelligence balances show the world should have enough crude oil through 2023 if some spare capacity is tapped, with a wider margin of error if an Iran nuclear deal can be clinched. Tepid demand from still-high prices for […]
August 17, 2022 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) Changes to both production and consumption of global liquid fuels have changed our forecast for balances between the two for the rest […]
August 18, 2022 Data source: U.S. Energy Information Administration, U.S. Natural Gas Exports and Re-Exports by Point of Exit Natural gas pipeline exports from West Texas to Mexico averaged 1.6 billion cubic feet per day […]
Walmart’s operations looked to have stabilized after the company’s guidance was forced to admit it was facing a rough patch due to surging inflation for food and gas. The company had revised its full-year profit […]
The rise of the Environmental, Social, and Governance investment strategy was based on the idea that companies which adhered to the ethos of the Environmental movements, Social Justice movements, and responsible governing movements would outperform […]
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