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US Senate Parliamentarian Says Oil, Gas Projects Can’t Skirt Environmental Review

Conventional Energy, Energy Topics & Technology, Environment, Latest, Natural Gas, Oil, US News / By

(Reuters) – The massive U.S. tax and budget bill being finalized by Congress cannot pass a provision that automatically enables offshore oil and gas projects to skip over the federal environmental review process unless it gets at least 60 Senate votes, the body’s parliamentarian said on Monday. This is among the latest provisions that have …

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North Dakota Oil Production Down 22,000 bpd in April vs March to 1,172,000 bpd – State Regulator

Conventional Energy, Latest, Oil, US News / By

(Reuters) – Oil production in North Dakota fell 22,000 barrels-per-day (bpd) to 1,172,000 bpd in April, monthly data from the state Industrial Commission showed. The data was released on the North Dakota Industrial Commission’s monthly index report page and has been rounded to the nearest 5,000 barrels. It may differ slightly from the commission’s general …

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LNG Freight Rates Hit 8-mth Top on Tight Tanker Availability, Mideast Conflict

Conventional Energy, Latest, LNG, US News / By

By Emily Chow and Marwa Rashad LNG Atlantic, Pacific freight rates hit highest since Oct 2024, Spark data shows Europe and Asia are now equally profitable for US cargo deliveries, analyst says Mideast tensions push shipping, insurance costs higher, trade sources say SINGAPORE/LONDON, June 24 (Reuters) – Shipping costs for liquefied natural gas cargoes have …

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COMMENTARY: US Power Sector Battery Storage Momentum Keeps Charging On – Maguire

Batteries, Energy Storage, Energy Topics & Technology, Latest, US News / By

By Gavin Maguire A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake DENVER, June 24 (Reuters) – Rapid growth in the installation of batteries is upending power systems across the United States, with battery-deployed electricity volumes scaling new …

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COMMENTARY: What Influences Crude Oil More? US Bombs or Iran’s Silent Allies – Russell

Conventional Energy, Energy Commentary, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

By Clyde Russell LAUNCESTON, Australia, June 24 (Reuters) – Crude oil’s sharp reversal of the Israel-Iran war premium shows the power of a few words from a key player to move the market, but in doing so it also masks the greater influence of those who stay largely silent. Global benchmark Brent futures plunged after …

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Canadian Oil Sands Production Expected to Reach All-time Highs this Year Despite Lower Oil Prices

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands, Press Releases / By

S&P Global Commodity Insights Raises 10-year Oil Sands Production Outlook for 4th consecutive year CALGARY, AB, June 24, 2025 /PRNewswire/ — S&P Global Commodity Insights has raised its 10-year production outlook for the Canadian oil sands. The latest forecast expects oil sands production to reach a record annual average production of 3.5 million b/d in 2025 (5% …

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Deloitte: AI Data Center Power Demand Could Surge 30x by 2035, Amid Power and Grid Capacity Constraints

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest / By

As developing new data centers to power artificial intelligence (AI) becomes critically important, opportunity arises for industries to collaborate to support evolving infrastructure demands NEW YORK, June 24, 2025 /PRNewswire/ — As developing new data centers to power artificial intelligence (AI) becomes critically important, opportunity arises for industries to collaborate to support evolving infrastructure demands …

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Clean Energy Assets Face Coverage Risks, Zurich Insurance Says

CDN and International News, Latest, Renewable Energy, Solar, Wind / By

Takeaways by Bloomberg AI Assets designed to fight climate change, such as renewable energy generation capacity, may lose access to insurance unless they’re adequately shielded from extreme weather events. Without steps to boost resilience, Europe’s clean-energy assets may face up to €270 billion in losses by 2050 and be relatively more exposed to extreme weather …

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Oil-Eating Microbes Offer Tantalizing Clean Hydrogen Solution

Conventional Energy, Latest, Oil, US News / By

Startup Gold H2 has successfully produced hydrogen from a depleted California oilfield, and it’s looking to finalize other pilots around the world. Bloomberg Microbes can break down everything from methane to plastic. Now, a startup is pioneering their use to consume oil and produce clean hydrogen. Houston-based Gold H2 has completed a field trial at a retired oilfield …

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