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HomeUS Energy News

US Energy News

Biden plan
Climate Crisis

Biden plan will earmark millions of acres of public land for solar development

February 11, 2024 Stu Turley

On Jan. 17, the Biden administration unveiled a draft analysis of a plan that identifies millions of acres of public land as suitable for utility-scale solar development across 11 Western states — and millions more that […]

LNG Exports
Exports

How the Rockefellers and Billionaire Donors Pressured Biden on LNG Exports

February 10, 2024 Stu Turley

Charities controlled by members of the Rockefeller family and billionaire donors were key funders of a successful campaign to pressure President Biden to pause new approvals of liquefied natural gas exports from the U.S. The Rockefellers, along […]

US Exported
Commodities

The $2 Trillion in Goods the US Exported in 2023: Led by Energy Products, Capital Goods, Pharmaceuticals, and Automotive

February 10, 2024 Mariel Alumit

The biggest export group — crude oil, petroleum products, natural gas, petrochemicals — retraced part of the 50% spike as prices dropped.  By Wolf Richter for WOLF STREET. The huge US trade deficit improved – or got less […]

LNG
Exports

US weekly LNG exports reach 24 shipments

February 9, 2024 Mariel Alumit

US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending February 7, while natural gas deliveries to these terminals decreased by 4.9 percent compared to the week before. The EIA said […]

ExxonMobil
Big Oil Companies

ExxonMobil lines up shuttle tanker newbuilds

February 9, 2024 Mariel Alumit

US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung Heavy Industries winning a tender for a pair of 150,000 dwt units with delivery in […]

Devon Energy
Crude Oil News

Exclusive: Shale producer Devon Energy in bid to acquire Enerplus -sources

February 8, 2024 Mariel Alumit

Feb 8 (Reuters) – U.S. oil and gas producer Devon Energy (DVN.N), has approached Enerplus (ERF.TO), a peer with a market value of C$4 billion ($3 billion), with an acquisition offer, people familiar with the matter said on Thursday. […]

Fusion
Energy Tech

Momentary Fusion Breakthroughs Face Hard Reality

February 8, 2024 Mariel Alumit

The dream of fusion power inched closer to reality in December 2022, when researchers at Lawrence Livermore National Laboratory (LLNL) revealed that a fusion reaction had produced more energy than what was required to kick-start it. According to new research, […]

heat pumps
Climate Crisis

Nine states pledge to boost heat pumps to 90% of home equipment sales by 2040

February 8, 2024 Mariel Alumit

  Environmental agencies in nine states will work together to reduce planet-warming carbon emissions by making electric heat pumps the norm for most new home HVAC equipment sales by 2040. The memorandum of understanding, spearheaded […]

North Carolina
EnergyNews

North Carolina court hears challenge to Duke Energy’s reduced credits for rooftop solar

February 8, 2024 Mariel Alumit

  The debate over rooftop solar in North Carolina entered the courtroom on Wednesday, when a three-judge Court of Appeals panel heard a challenge to Duke Energy’s reduced payments for home solar arrays. “We are […]

Diamond Offshore
Exploration and Production

Diamond Offshore scores $360m in rig deals

February 8, 2024 Mariel Alumit

Diamond Offshore Houston-based Diamond Offshore Drilling has won a contract with Serica Energy for one of its semi-submersible rigs and an extension from BP for drillship work. The offshore driller won a contract with Serica […]

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