The Permian Basin looks strong until at least 2025 despite challenges from Biden’s alternative energy push, with oil output climbing steadily after its dip during the 2020 pandemic, as companies rush to consolidate their assets […]
Source: U.S. Energy Information Administration, Annual Electric Generator Report and Monthly Update to the Annual Electric Generator Report In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was […]
Oil headed for the biggest weekly gain in 11 months as market focus shifted to the outlook for U.S. economic stimulus and a storm that is menacing the Gulf of Mexico. Futures in New York […]
Democrats on the House Natural Resources Committee are proposing more offshore drilling bans and higher fees and royalty charges on the oil and gas industry to raise funds for wildlife conservation efforts, Bloomberg News reported on Thursday, […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our latest Short-Term Energy Outlook (STEO), we expect 3.4% more U.S. propane consumption this winter compared with last winter, reflecting greater use of propane as a petrochemical feedstock, outpacing expectations […]
California mulls deeper cuts to power sector GHGs Houston, 23 August (Argus) — California regulators may require the state’s utilities to make deeper cuts in their greenhouse gas (GHG) emissions. An administrative law judge for […]
In 2021 the Haynesville shale in Texas and Louisiana has taken off. We look into what has changed, whether this surge will continue, and for how long. Haynesville and other shale resources. Between 2005 and […]
Source: Graph by the U.S. Energy Information Administration, based on data from the California Independent System Operator (CAISO) Curtailments of solar-powered electricity generation have increased in the California Independent System Operator (CAISO) region, the part of the electric […]
Big Oil is coming off yet another blockbuster season, posting the second consecutive quarter of stellar top-and-bottom line growth. According to the latest FactSet data, the energy sector’s Q2 2021 revenue growth rate of 24.9% came in […]
Colorado’s biggest oil and gas producer appears on track to complete its dominance of the Denver-Julesburg (DJ) Basin before year’s end, the CEO of Bonanza Creek Energy Inc., soon to be Civitas Resources Inc., said earlier this […]
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