Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), April and May 2021 The rapid increase in COVID-19 cases in India has led to various travel restrictions, which reduced consumption of transportation fuels such as gasoline and diesel. […]
Brazil’s state-controlled Petrobras’ 115,000 b/d Abreu e Lima refinery (RNEST) will undergo 90 days of maintenance starting in June, putting a strain on domestic production of green petroleum coke and ultra-low sulfur diesel. The company […]
KARACHI: Pakistan‘s largest nuclear power plant was opened on Friday, generating electricity for the national grid as the country tries to wean itself off its reliance on fossil fuels. The facility, built with Chinese assistance, in the […]
WARSAW, Poland – Poland’s government on Monday defied an injunction by the top European Union court that ordered the immediate closure of a major brown coal mine, with officials saying it would shake the nation’s energy system and lead to the […]
LONDON, – Japan’s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin’s biggest fields in a deal that could fetch up to $1.5 billion, […]
MOSCOW, – Russian Deputy Prime Minister Alexander Novak on Tuesday offered to work with Saudi Arabia on hydrogen production, speaking during an online meeting of the intergovernmental commission of Russia and Saudi Arabia. “We have a proposal to create a working […]
HOUSTON/BOSTON: Exxon Mobil said on Monday it would add two more board members, including one with climate experience, just days before a shareholder vote on whether to back new directors supported by activist investors unhappy with its […]
China has taken a more active role in regulating bitcoin, but that won’t be a blow to bitcoin in the long-run – it will be a benefit, Bobby Lee, founder and CEO of crypto wallet Ballet, said in […]
A Canadian energy company has defied an order from Michigan Gov. Gretchen Whitmer to shut down a controversial oil and gas pipeline Wednesday amid growing concern that doing so could lead to fuel disruptions similar to those resulting from […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) Our Summer 2021 Electricity Industry Outlook, a supplement of the Short-Term Energy Outlook, projects 1.5% more U.S. retail sales of electricity this summer than last summer. Much of the growth we […]
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