Source: U.S. Energy Information Administration, Hourly Electric Grid Monitor As strong winter storms and cold temperatures blanketed the northeastern United States this January and increased the demand for electricity to heat homes and businesses, utilities used oil-fired generation to […]
(Bloomberg) –JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. […]
The inherent dangers of capturing and transporting carbon dioxide for industrial operations exploded into the public domain two years ago when a CO2 pipeline suddenly ruptured in the tiny Mississippi town of Satartia. The pipeline […]
There’s no silver bullet to the climate crisis, but nuclear fusion may be the closest thing to it. In the quest for a near-limitless, zero-carbon source of reliable power, scientists have generated fusion energy before, […]
“Because of the state elections, they haven’t increased the retail prices,” Debasish Mishra, partner at Deloitte, said in an interview with Bloomberg TV’s Haslinda Amin and Rishaad Salamat. NEW DELHI: Deloitte Touche Tohmatsu India expects […]
The LoI was signed by Y K Chaubey, Director (Technical), NHPC Ltd and Subodh Agarwal, Additional Chief Secretary, Mines and Petroleum Department and Energy Department, and Chairman and Managing Director, RRECL. New Delhi: State-run NTPC […]
TotalEnergies CEO Pouyanné: I’ve no good news to deliver, oil prices will remain high. Continuously growing global oil demand amid muted new investment in production will keep oil prices elevated. Pouyanné’s view that oil prices […]
Oil prices rose late on Wednesday afternoon with Brent reaching just shy of $92 per barrel. But JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate. […]
The U.S. shale patch is experiencing its best-ever economics this year thanks to a combination of disciplined spending and high oil prices. The Permian basin is still leading U.S. shale production growth but basins in […]
(Bloomberg) — U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling. Oil output will average 12.6 million barrels a day in 2023, […]
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