Europe’s energy ambitions are clear: to shift to a low-carbon future by remaking its power generating and distribution systems. But the present situation is an expensive mess. A global supply crunch for natural gas, bottlenecks […]
Enbridge Inc. announced Sept. 7 that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating LLC $3 billion USD in cash, subject to closing adjustments. The acquisition will […]
The U.K. generates 25% of energy from wind power but is now seeing energy price soaring by seven times in a year due to lack of wind. Halted operation of wind power plants in the […]
Over the last decade, energy experts repeatedly assured policymakers around the world that increasing the use of renewables, while shutting down nuclear plants, would make energy supplies more secure, while lowering prices. To make their […]
Insurers are bracing for a hit of about $1 billion from physical damage to offshore rigs and structures from Hurricane Ida, according to preliminary estimates from U.S. property data and analytics company CoreLogic. The estimate […]
Bloomberg) –California is asking the federal government to declare an “electric reliability emergency” so the Golden State can lean more heavily on fossil fuels to avoid blackouts. The state’s main grid operator wants the U.S. […]
Is US$200 a barrel oil likely if policies to reduce climate change take hold? Yes, says a Middle East oil minister and industry analysts. But not until the mid-century deadline for net-zero emissions. It would […]
Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in the coming months, Bank of America […]
It has been a shift in commodity matrices like never before, where supply and demand are still critical, but not the only factors. Geopolitical, natural gas hunger, low supplies in Europe and Asia, and no […]
As of January 1, 2021, total U.S. biofuels plant production capacity reached 21 billion gallons per year (gal/y) (or 1.3 million barrels per day [b/d]), as reported by 278 facilities. Fuel ethanol producers accounted for […]
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