Millions of Chinese are suffering severe power supply problems, brownouts and blackouts. According to media reports the problems have been caused by fuel shortages, following Chinese President Xi Jinping’s embargo of Australian coal imports. Beijing’s […]
There is too much hype surrounding electric vehicles (EVs), one of the world’s top automakers, Japan’s Toyota, says, noting that the electricity needed to charge electric cars would strain grids and increase carbon emissions. If […]
Debating the buy thesis of two high-yielding energy infrastructure stocks. The energy market is in transition. The global economy is slowly weaning itself off fossil fuels and switching to cleaner power sources. That shift will take some […]
For the week of Thanksgiving 2020, estimated consumption of major transportation fuels (motor gasoline, distillate, and jet fuel) was 11% lower than during Thanksgiving week 2019. About half as much jet fuel was consumed during […]
During the summer of 2020, monthly exports of liquefied natural gas (LNG) from the United States were the lowest in 26 months but have since increased, and in November, estimated LNG exports surpassed the previous […]
In much of the United States, power plants that burn petroleum liquids are generally operated for short periods during times of peak electricity demand, such as during brief periods of cold winter weather. These plants […]
In California wholesale electricity markets, natural gas-fired electricity generation helps to balance fluctuations in electricity demand with daily cycles in solar-powered electricity generation. Natural gas and solar are the two most prevalent sources of electricity […]
While the arrival of President-elect Joe Biden at the White House on January 20 is expected to mark a shift in the US policy with far reaching geopolitical implications, sanctions on Iran may not be […]
After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil XOM +0.6% announced on Friday that it has struck South American oil and gas […]
Despite the economic turmoil currently plaguing many businesses and households across Canada, Prime Minister Justin Trudeau announced that Canada will still continue to trudge ahead with its 2030 emission targets, and pledge billions of dollars […]
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