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HomeUS Energy News

US Energy News

Biden
Energy Policy

‘It would just die on the vine’: Biden’s $200 billion energy loan juggernaut faces a Trump-sized threat

April 11, 2024 Mariel Alumit

The office running a crucial part of President Joe Biden’s climate agenda has Congress’ approval to lend more than $200 billion for next-generation energy projects — from solar farms and batteries to hydrogen production and […]

Pennsylvania
Natural Gas

Stephanie Catarino Wissman: The value of Pennsylvania natural gas continues to grow

April 11, 2024 Mariel Alumit

Built on a foundation of abundant natural gas resources, Pennsylvania is a powerhouse when it comes to producing and exporting energy. This energy advantage has served Pennsylvanians well – affordable, efficient natural gas, thousands of […]

Coal Exports
Coal

U.S. Coal Exports Down Briefly Due to Baltimore Bridge Collapse

April 11, 2024 Mariel Alumit

As Baltimore is the second-largest hub for coal exports, energy officials said the collapse of the Francis Scott Key Bridge could have a greater impact on foreign deliveries than expected. The cargo ship Dali struck […]

KIMMERIDGE
Finance

KIMMERIDGE PROVIDES ADDITIONAL INFORMATION ON KTG’S HIGH QUALITY ASSET BASE

April 11, 2024 Mariel Alumit

Remains hopeful that SilverBow’s Board will reverse course and start engaging in a constructive dialogue Requests Board’s view of relative value by April 15 – Board previously stated it was ‘open to exploring transactions at appropriate valuations’ so […]

green
Energy Policy

The biggest corporate welfare scam ever is green

April 11, 2024 Mariel Alumit

President Joe Biden keeps lecturing corporate America to “pay your fair share” of taxes. It turns out he’s right that some companies really are getting away scot-free from paying taxes. But it isn’t Big Tech companies in Silicon […]

Oil
Crude Oil News

Oil settles higher after Israeli strike overshadows ceasefire talks

April 10, 2024 Mariel Alumit

April 10 (Reuters) – Oil prices settled up $1 on Wednesday after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that ceasefire talks might stall. […]

Pantheon
Crude Oil News

Pantheon Upgrades Kodiak Estimates to 1.2 Billion Barrels

April 10, 2024 Mariel Alumit

Pantheon Resources plc has upgraded the estimate of recoverable marketable liquids at its Kodiak Field asset in Alaska’s North Slope by 25 percent. An updated report from Netherland, Sewell & Associates (NSAI) on the Lower […]

oil and gas
Crude Oil News

US unveils next steps in its 2024–2029 Gulf of Mexico oil & gas leasing program

April 10, 2024 Mariel Alumit

The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has revealed the notice of availability of the area identification (Area ID) for the three proposed Gulf of Mexico (GOM) oil and gas lease sales during […]

carbon capture
Big Oil Companies

Big oil and gas firms deepen investment in carbon capture

April 10, 2024 Mariel Alumit

  Carbon capture companies find themselves in an odd position. They exist because of the threat of climate change, a problem created largely by fossil fuels. At the same time, the firms that extract and […]

Gulf of Mexico
Crude Oil News

Oxy Says Production to Restart in Eastern Gulf of Mexico in Coming Days

April 10, 2024 Mariel Alumit

Occidental Petroleum said on Wednesday production is expected to commence in the coming days in the eastern Gulf of Mexico (GOM) after some operations were shut for about five months. In November, the company had […]

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