The United States and Mexico will continue talks aimed at settling an energy policy dispute after failing to reach an agreement within the set minimum period, Bloomberg has reported, citing the sides chose to keep negotiating […]
(Bloomberg) — OPEC+ is considering a reduction in its production limit of as much as 2 million barrels a day, although the impact on global supply could be smaller. The group may discuss a cut […]
“In order to ensure the security of the electricity supply, the Danish authorities have today ordered us to continue as well as resume operations at some of our oil- and coal-fired power stations,” Mads Nipper, […]
From the NoTricksZone By P Gosselin In an attempt to get some control over the acute energy crisis now sweeping across Germany, the government implemented not long ago some measures to reduce gas and electricity consumption. […]
U.S. natural gas futures held near a 12-week low on Tuesday on record output and forecasts for lower demand next week than previously expected. Ongoing power outages from Hurricane Ian at 391,000 homes and businesses […]
There are asymmetrical upside drivers for oil prices by the end of the year, according to RBC Capital Markets, which is long oil with WTI call options for June 2023 at $120 a barrel. The […]
U.S. diesel consumption bounced back with a vengeance from its Labor Day dip and surged well above the levels of the last few years. That’s what energy and environmental geo-analytics company Kayrros noted in a […]
HOUSTON, Oct. 03 /BusinessWire/ — Western Midstream Partners, LP (NYSE:WES) (“WES” or the “Partnership”) today announced that it executed a letter of intent (“LOI”) with a subsidiary of Occidental Petroleum Corporation (NYSE:OXY) (“Oxy”), with the […]
October 4, 2022 Data source: U.S. Energy Information Administration, Natural Gas Monthly, September 2022 Residential and commercial U.S. natural gas prices were relatively high throughout 2021 and have exceeded the previous five-year (2017-21) […]
Drax, Britain’s biggest power station, generates electricity by burning millions of tonnes of imported wood pellets A company that has received billions of pounds in green energy subsidies from UK taxpayers is cutting down environmentally-important […]
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