Saudi Arabia plans to increase its oil output in the coming months, reversing a recent big production cut, say advisers to the Kingdom, a sign of growing confidence over an oil-price recovery. The world’s largest […]
There’s no sign yet of a pause in the dramatic rally in natural gas prices across the central U.S., where spot rates have now breached the $1,000 mark, more than 100 times their level just […]
Throughout much of its history, the United States has imported more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it has exported. That status changed in 2020. The U.S. Energy Information […]
Paul Sankey, founder and lead analyst at Sankey Research, discusses the impact of the wintry blast in Texas on U.S. oil and natural gas production. He speaks with Bloomberg’s Tom Keene on “Bloomberg Surveillance.” (Source: […]
It’s not easy putting a number on what is undoubtedly the largest forced blackout in U.S. history. If you take the Texas power grid operator’s word for it, the rolling outages that have plunged much […]
Energy News Beat Publishers Note: Like the idea of including employees in the future of BP. But if it won’t impact the bottom line, is it a good program for anyone? Oil major BP is […]
The energy crisis crippling power grids across the U.S. showed few signs of abating Tuesday morning as blackouts left almost 5 million customers without electricity during unprecedented cold weather. Spot power prices in Texas hit […]
Texas deep freeze cannot keep stocks from opening at all time highs, with major indices losing steam toward the latter half of the trading session. S&P 500: 00% Nasdaq: -0.11% Dow Jones: -0.38% Many on […]
Energy News Beat Publishers Note: Germany has been at the forefront of the energy migration to renewables. That being said, Germany has now become more dependent on natural gas to support the large renewable infrastructure. […]
The energy crisis crippling Texas’s power system continued to spread, with nearly 5 million people across the U.S plunged into darkness as authorities fought to avoid a total collapse of the grid. Homes and businesses […]
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