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HomeUS Energy News

US Energy News

U.S
Crude Oil News

U.S. oil production approaches record as Permian output reaches “all-time” high

October 2, 2023 Mariel Alumit

(Bloomberg) – U.S. crude oil production reached the second-highest level on record in July as output from Texas’s Permian basin soared to an all-time high. The nation’s production rose to 12.991 MMbpd, the highest since […]

Solar
Electrical Generation / Utilities

Solar, Wind Energy Get Hundreds Of Times More Tax Incentives Than Oil And Gas

October 2, 2023 Mariel Alumit

Over the last 10 years, domestic solar capacity in the United States has grown 13-fold. Considering the amount of federal support the industry receives, that should be no surprise. Using data from the U.S. Energy […]

Energy
Energy Storage

Energy Department announces $325M for batteries that can store clean electricity longer

October 2, 2023 Mariel Alumit

The Energy Department has announced a $325 million investment in new battery types that can help turn solar and wind energy into 24-hour power. The funds will be distributed among 15 projects in 17 states […]

California
Crude Oil News

California’s green drive leaves its oil towns behind

October 2, 2023 Mariel Alumit

Fred Holmes watches with satisfaction as pumps pull oil from deep under his California farm, tapping a supply he thinks could last another century. But he knows the state’s ambitious environmental policies will put an […]

Price
EIA News

U.S. petroleum product exports set new record in the first half of 2023

October 2, 2023 Mariel Alumit

 October 2, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half of 2023, 2% more than […]

U.S. Air Force, U.S. Army, the Defense Innovation Unit, and Industry Advance DoD Installation Energy Resilience with Geothermal Energy Solutions
Geothermal

U.S. Air Force, U.S. Army, the Defense Innovation Unit, and Industry Advance DoD Installation Energy Resilience with Geothermal Energy Solutions

September 30, 2023 Mariel Alumit

Photo by Calpine Corporation, NREL 17270. MOUNTAIN VIEW, CA (September 27, 2023) — To power mission activities Department of Defense (DoD) installations often use electricity delivered through miles of electrical lines and fuel transported from […]

Crude Oil News

Inside the rough-and-tumble race to clean up America’s abandoned oil wells

September 30, 2023 Mariel Alumit

​ The rig operator was stumped. He’d been making good progress, but now something blocked the way forward. The operator, Denny Mong, stared at an unassuming metal tube in the ground — the fossil of […]

Energy
Crude Oil News

Talos Energy closes $125 million sale with Grupo Carso to develop Zama oil field offshore Mexico

September 29, 2023 Mariel Alumit

(WO) – Talos Energy Inc. and its Mexican subsidiary announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso (“Carso”). […]

Biden
Big Oil Companies

Biden Said He Would Stop Drilling. Then Reality Hit.

September 29, 2023 Mariel Alumit

Tens of thousands of climate protesters who filled Midtown Manhattan last week directed their anger at President Biden, who has done more to combat climate change than any of his predecessors. But in their view, […]

Oil
Crude Oil News

Oil Is Near $100. Shale Isn’t Coming to the Rescue.

September 29, 2023 Mariel Alumit

U.S. oil prices soared Wednesday to their highest level in more than a year. Most frackers plan to stay on the sidelines. Surging global demand coupled with output cuts by Saudi Arabia and Russia have sent crude […]

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