With Brent crude oil closing in on $90 per barrel on Wednesday, Bank of America energy analysts have boosted their price forecast for this year to average $86 per barrel and peak this summer at […]
Following a multi-year public process, the Tennessee Valley Authority has made the decision to retire its Kingston Fossil Plant and build a state-of-the-art energy complex at the site by the end of 2027. “Kingston is, […]
The Dutch Senate has delayed a vote on the permanent closure of the Groningen gas field, which is set for October 1 due to earthquakes in the area, as several parties have asked for guarantees that the […]
Transportation Secretary Pete Buttigieg rejected criticism of the Biden administration’s push for America to embrace a future where electric vehicles (EVs) overtake internal combustion engines, comparing the dynamic to that of landline phone loyalists at the dawn […]
The Joint Ministerial Monitoring Committee (JMMC), the OPEC+ panel that monitors oil market developments and the group’s production cuts, didn’t recommend on Wednesday any changes to output policy but noted that compliance with the cuts […]
Billionaire hedge fund manager Steve Cohen said Wednesday that it will be difficult for the Federal Reserve to get inflation back down to its 2% goal. “The Fed thinks it’s eventually going to come down to a […]
A global group of companies with a common interest in developing nuclear energy solutions for the maritime sector have launched Nuclear Energy Maritime Organization (NEMO). To be headquartered in London, NEMO will officially start activities […]
Executives of U.S. regional power grids are warning they face new and unprecedented challenges as energy demand grows and the industry takes on the enormous shift to carbon-free electricity. Without policies aimed at managing the […]
A questionable study by a Cornell University climate scientist gave climate activists and the media ammunition to wage a pressure campaign against the Biden administration to take action against liquefied natural gas (LNG) exports. Cornell’s Robert […]
A global push to expand nuclear power continued recently as world leaders from more than 30 countries and the European Union met at the inaugural Nuclear Energy Summit in Brussels. The world’s first high-level meeting on March […]
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