September 30, 2023

By Cody Good Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE The adoption of renewable energy sources has been driven by various factors, including environmental concerns, energy security, and decreasing costs. A country’s ability to generate renewables is highly dependent on its geography and abundance of natural resources. Many of the countries with …

INFOGRAPHIC: Renewable Energy Consumption by Country – ENERGYminute Read More »

(Reuters) – The Biden administration’s plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming. The criticism from both sides reflects the difficulty Biden’s White House …

Biden Angers All Sides With Scaled Back Offshore Oil Drilling Plan Read More »

(Reuters) – Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply. Front-month Brent November futures settled down 7 cents to $95.31 per barrel at the contract’s expiry, up about 2.2% in the week and 27% …

Oil Settles Lower but Ends Quarter up 28% on Tight Global Supply Read More »

BP Plc.’s US president David Lawler is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned. Lawler, who had been with BP for nine years, “has notified us of his intent to pursue new career opportunities outside of BP,” according to a …

Another BP Executive Departs With U.S. Head Resigning Read More »

(Reuters) – Gas flows to Cheniere Energy’s Corpus Christi, Texas, liquefied natural gas export plant on Friday were reduced for a fifth consecutive day, according to data provider LSEG. Cheniere is the largest U.S. producer and exporter of LNG, but since Monday feedgas intake at its Texas facility has averaged below 1.6 billion cubic feet …

Cheniere Energy’s Gas intake at Texas LNG Plant Down for Fifth Day Read More »