Denver — US operators captured a record percentage of associated gas in oil-rich US plays in 2020 as new infrastructure combined with lowered output, while natural gas achieved the strongest gas-to-oil price ratios recorded in years. […]
US coal buyers have modified their restocking strategies going into 2021 to reducing committed volumes from previously seeking more optionality in their contracts amid uncertainty around the ongoing Covid-19 pandemic, market sources say. “The buyers […]
The US Congress voted to approve appropriations for fiscal year 2021 that includes USD1.5 billion for the Department of Energy’s Office of Nuclear Energy. The appropriations also include USD150 million to initiate the uranium reserve […]
The US government’s Department of Energy (DoE) has described its just-published Energy Storage Grand Challenge Roadmap as its first comprehensive strategy on energy storage, identifying cost and performance targets to be met in the coming […]
Harvest Alaska (Harvest) has acquired BP Pipelines (Alaska) Inc.’s (NYSE: BP) midstream ownership interests, parent company Harvest Midstream reported late last week. The deal, which received approval from the Regulatory Commission of Alaska on Dec. […]
Houston, 21 December (Argus) — For months, Diamondback Energy chief executive Travis Stice insisted to investors that the US independent did not need to acquire other companies, despite the turmoil in the oil and gas industry. […]
Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]
For the best part of a decade, commodities have been deeply out of fashion. Now, as investors scour the market for the great reflation play, they’re hot again. Investing luminaries from Point72 to Pimco are calling […]
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 […]
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 […]
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