A researcher from the University of Miami College of Engineering is seeking funding to build a prototype of a new form of wind propulsion for ships. GeCheng Zha, a professor of aerospace engineering and […]
A year on from a devastating fire which killed one crewmember, the car carrier formerly known as Fremantle Highway is being prepped to head from The Netherlands to new owners in China. Dutch authorities have […]
Japan’s natural gas provider Tokyo Gas has made an investment in the WindFloat Atlantic operational floating offshore wind farm in Portugal. The wind farm is operated by Windplus, a majority-owned subsidiary of Ocean Winds. This […]
What a bummer. Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled. By Wolf Richter for WOLF STREET. US service sector activity, driven by new […]
Despite claims of replenishment, the Strategic Petroleum Reserve (SPR) remains significantly below pre-Biden levels. The DOE’s statements create a misleading impression by including barrels not yet delivered and canceled sales in their replenishment figures. The […]
HOUSTON, Aug 5 (Reuters) – Oil fell in volatile trade on Monday as a selloff continued on global stock markets, but the slide was limited by fears Iran’s retaliation for the assassination of a Hamas […]
A school district in Maryland is finding out just how costly virtue signaling can wind up being. Maryland’s largest school district in Montgomery County found out via an Inspector General’s report that implementing electric busses “led […]
NorthWestern Energy announced this week it plans to acquire more shares of the coal-fired plant at Colstrip — at no cost. The utility said the acquisition will help leverage existing and reliable infrastructure, and its announcement came […]
U.S. oil production dipped by 61,000 barrels daily in May, the EIA reported this week, confirming what many already expected: continued stringent discipline among drillers. But those expectations may have been misleading because now some producers are […]
Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send oil prices soaring. The World Bank has already outlined just how high oil prices could go if Iran and […]
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