In the Middle Ages, the city of Erfurt in central Germany was a key stop on a trading route linking the far-flung ends of Europe. It’s about to take on a crucial new role as […]
Rich Glick, one of two Democrats on the U.S. Federal Energy Regulatory Commission, has been tapped by President Joe Biden to lead the agency set to play a pivotal role in the president’s goal to achieve […]
In its January Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global demand for petroleum liquids will be greater than global supply in 2021, especially during the first quarter, leading to inventory draws. As […]
Among President Joe Biden’s first acts in office was reassembling a cross-government team to figure out the “social cost of carbon,” a wonky number that has broad impacts on federal agency rules. Biden signed an executive […]
Kinder Morgan Inc. (KMI) continued to improve its balance sheet in the final three months of 2020, but the company is toeing the line when it comes to spending this year, focusing on projects supporting […]
Shares of oilfield services major Baker Hughes (BKR) slumped on Thursday after the company reported adjusted fourth-quarter earnings that missed analysts’ forecasts as it continued to recover from a slump in oil and gas prices due to […]
The 60-day suspension on approvals is necessary for a “targeted and time-limited” review of recent decisions, the US Interior Department’s acting secretary Scott de la Vega said in an order signed yesterday. The freeze will […]
Energy News Beat Publishers Note: DRW has a reputation for speaking his mind. Sometimes people don’t like to hear the opposing side if it does not match their beliefs, or their miss information. We like […]
Global investment in wind and solar power, biofuels, biomass and waste, small hydropower—the main technologies behind clean electricity—has expanded by nearly an order of magnitude since BloombergNEF first started tracking this data. In annual dollars terms, clean-energy investment […]
The leader of Canada’s oil heartland called President Joe Biden’s decision to cancel the Keystone XL pipeline project an “insult” and urged Prime Minister Justin Trudeau to consider retaliation. Last year, Kenney’s government invested $1.1 […]
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