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  • [ February 8, 2023 ] Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio Electrical Generation
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Oil companies exploration and production

Crude Oil News

U.S. Oil and Gas Rig Count Falls by the Most in a Week Since June 2020 – Baker Hughes

February 5, 2023 Allen Santos

Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]

Pipeline
Crude Oil News

Pipeline operator Enterprise says bullish on Permian oil output

February 2, 2023 Mariel Alumit

HOUSTON, Feb 1 (Reuters) – U.S. energy pipeline operator Enterprise Products Partners (EPD.N) was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and […]

Energy
E&P

Beach Energy still on track for first gas from one of its major growth projects

January 31, 2023 Mariel Alumit

Home Fossil Energy Beach Energy still on track for first gas from one of its major growth projects Australian oil and gas company Beach Energy is one approval shy of completing all connection activities for […]

E&P

BP: West’s Rift With Russia to Hit Oil, Gas Demand

January 31, 2023 Mariel Alumit

The deep rift between Russia and the West will have lasting impacts on the global energy system and result in lower long-term demand for oil and gas, according to a closely watched annual assessment from […]

Biden
Big Oil Companies

Biden Faces Climate Litmus Test on ConocoPhillips’s Alaska Oil Project

January 29, 2023 Mariel Alumit

US President Joe Biden is nearing a critical decision on a massive proposed oil project in northwest Alaska that could unlock 600 million barrels of crude and has drawn the ire of environmentalists who have […]

U.S
E&P

U.S. drillers leave oil and gas rigs unchanged – Baker Hughes

January 29, 2023 Allen Santos

​ Jan 27 (Reuters) – U.S. energy firms this week kept oil and natural gas rigs steady, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas […]

Crude Oil News

Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion

January 27, 2023 Mariel Alumit

Home Fossil Energy Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion Brazilian oil and gas company PRIO, formerly known as PetroRio, has paid almost $2 billion in total for […]

Offshore
Big Oil Companies

Guyana’s Offshore Oil Boom

January 26, 2023 Mariel Alumit

By 2035, the world’s fourth-largest offshore oil producer could be a South American country with fewer than 1 million people. According to Norway’s Rystad Energy, Guyana – with proven reserves of 11 billion barrels of […]

Biden
E&P

API: Biden administration must fix broken permitting process that prevents U.S. energy development

January 26, 2023 Mariel Alumit

(WO) — The American Petroleum Institute (API) called on the Biden administration to take action to fix the broken permitting process that is stymying U.S. energy development. In a letter to White House Council on […]

TXOGA
Downstream

TXOGA released annual Energy & Economic Impact Report

January 25, 2023 Mariel Alumit

The Texas Oil & Gas Association (TXOGA) released its annual Energy & Economic Impact Report highlighting the industry’s continued and unmatched economic impact, the Lone Star State’s global energy leadership, and what is needed to continue meeting […]

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Electrical Generation

Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio

February 8, 2023

​Vermont’s only natural gas company is exploring possible sites for its first fossil-fuel-free, networked geothermal project, a heating and cooling technology that could be a natural fit for a company already skilled at designing and […]

Minnesota
Electrical Generation

Minnesota power co-op wants to invest in flexibility for fossil fuel peaker plant

February 8, 2023

​Minnesota’s largest electricity cooperative wants the option to burn diesel fuel oil at a central Minnesota peaker plant as a hedge against volatile natural gas prices. Great River Energy is seeking approval from Minnesota regulators […]

New England
EIA News

New England’s power grid weathers last weekend’s record-breaking cold and wind

February 8, 2023

February 8, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes […]

U.S
EnergyNews

U.S. natgas output to hit record high in 2023, demand to fall

February 7, 2023

U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry […]

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