Saudi Aramco’s CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco’s outlook contrasts with the more cautious forecasts from […]
Venezuelan President Nicolás Maduro has been declared the winner of a controversial presidential election, sparking widespread protests and international condemnation. Despite the re-election of Maduro, the United States has maintained sanctions on Venezuela’s state-owned oil […]
Lots of people have high hopes for an energy transition, but they’re looking through the wrong end of the telescope. Yes, solar farms are spreading out over deserts and farm fields, and wind turbines are […]
Cheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp […]
The Department of Energy is appealing a recent court decision that lifted the agency’s pause on new liquified natural gas exports to certain countries, intensifying a legal fight between Republican states and industry players on the one hand and the Biden […]
“We are not building a military that can handle three theaters simultaneously,” one expert said. First, the U.S. Defense Department redirected the USS Abraham Lincoln carrier strike group from the Pacific to the Middle East, […]
AI data centers’ rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]
To attempt to address the growing issue of ill-mannered electric vehicle owners hogging fast chargers, Electrify America is experimenting with a strict limit at 10 of its busiest charging stations in California. CNN reports that the growing […]
The company previously stated on its website that it plans “shutdown of greater than one half of an LNG train but not greater than one LNG train” from July 12 until August 19. “A planned […]
France was the top exporter of electricity in Europe in the first half of 2024, with a net export of 40.8 terawatt-hours (TWh), up 31.2% from the previous six months. This increase is due to […]
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