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HomeUS Energy News

US Energy News

Tesla
Electric Vehicles

Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025

April 24, 2024 Mariel Alumit

Tesla reported a 9% drop in first-quarter revenue on Tuesday, the biggest decline since 2012, and missed analysts’ estimates, as the electric vehicle company weathers the effect of ongoing price cuts. The stock jumped in extended […]

US
Biofuel

TotalEnergies launches new partnership for US biomethane projects

April 24, 2024 Mariel Alumit

Energy giant TotalEnergies and fund portfolio company Vanguard Renewables have partnered to develop on-farm biomethane projects in the US. The collaboration aims to establish ten biomethane projects with an annual capacity of 0.8TWh, with the […]

U.S.
Exports

Is the U.S. Preparing to Ban Future LNG Sales to China?

April 24, 2024 Mariel Alumit

The Department of Energy’s “temporary pause” opens the door.  A low-profile post by the U.S. Department of Energy (DOE) may point to a serious strategic change in U.S. policy in trade, energy, and relations with […]

Oil
Crude Oil News

Oil rises as dollar slips, focus shifts to economic data

April 23, 2024 Mariel Alumit

NEW YORK, April 23 (Reuters) – Oil prices rose a dollar a barrel on Tuesday as the U.S. dollar index fell to its lowest level in more than a week and as investors shifted their […]

oil
Crude Oil News

How US shale keeps sheltering America from the next oil price surge

April 23, 2024 Mariel Alumit

In 1973 and 1979 war in Israel and turmoil in Iran twice ruptured the oil market, triggering an inflationary surge that sapped western economies and unseated a US president. In the decades since, the possibility […]

Coal
Coal

‘Coal phase-out and workforce shortages drive power price hike’

April 23, 2024 Mariel Alumit

The transition away from coal-fired power and the challenges in recruiting skilled workers for renewable energy projects are expected to keep electricity prices high in Australia until 2030, according to the latest NEM Benchmark Power […]

geothermal
Energy Policy

US will accelerate geothermal exploration on federal land

April 23, 2024 Mariel Alumit

The Bureau of Land Management (BLM) is making it easier to explore public land for geothermal power, using natural heat below Earth’s surface to generate clean energy. The new rules put geothermal on more of […]

Gasoline
Gasoline

American Gasoline Prices Rise for Third Straight Week

April 23, 2024 Mariel Alumit

The nationwide average price of gasoline in the United States has risen for three consecutive weeks, gaining 4.3 cents over the past week, to hit $3.62 per gallon on Monday, according to Gasbuddy data. Compared […]

Minnesota
Amomonia

To lower emissions, a Minnesota startup wants to convert diesel engines to burn ammonia 

April 23, 2024 Mariel Alumit

  A Minnesota company is among a growing number of startups nationwide hoping to help customers replace diesel and natural gas with ammonia in industrial applications. “It’s not as big of a leap as you […]

BW LPG
Finance

BW LPG shares set to start trading on NYSE next week

April 23, 2024 Mariel Alumit

VLGC owner and operator BW LPG is poised to see its shares listed on the New York Stock Exchange on Monday, April 29. The Oslo-listed unit of Singapore’s BW Group said that the NYSE had […]

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