Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham Al Ghais said on Tuesday. The organization expects a 24% increase in the world’s energy needs between now and 2050, with oil demand surpassing 120 million barrels per day over that time …
Oil Demand Growth to Continue, No Peak in sight, OPEC Secretary-General Says Read More »
There’s no peak in global oil demand on the horizon and it will take trillions in investment in the coming decades to meet that need, the secretary-general of the Organization of Petroleum Exporting Countries said Tuesday. Primary energy demand is forecast to rise by 24 per cent between now and 2050, surpassing 120 million barrels …
OPEC Secretary-General Takes Aim at Net-Zero Targets ‘Detached From Reality’ Read More »
Berry Corp. is excited for the untapped resource potential from the Uinta Basin as it dives deeper into horizontal drilling in the basin, CEO Fernando Araujo tells Hart Energy’s Nissa Darbonne.
Energy Transfer and Enterprise Products Partners, two major suppliers of ethane, will bear the brunt of a policy that will cut shipments to China by a quarter in 2025 and by 50% in 2026, according to the U.S. Energy Information Administration.
Apollo Global Management has made an investment in global infrastructure technology and services company T.D. Williamson, which will remain majority owned by SCF Partners.
Origis Energy’s closed on financing of more than $530 million for a pair of solar projects in Indiana and Mississippi.
The project’s termination follows several moves made by the Trump administration that “dismantle the domestic offshore wind industry,” Atlantic Shores said.
Phillips 66’s grew its midstream segment so much that activist investor Elliott Management pushed to splinter the company—but the refining giant sees gold in moving NGLs.
By Ari Natter and Jennifer A Dlouhy The Trump administration will propose scrapping Biden-era climate mandates requiring the nation’s power plants to curb planet-warming greenhouse gas emissions as soon as Wednesday, according to people familiar with the matter. The Environmental Protection Agency is also set to advance a plan for unwinding limits on mercury and …
Trump Poised to Repeal Biden Curb on Power-Plant Pollution Read More »
By Will Wade US data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month. Total power usage in the US is expected to climb 2.15% in 2026, spurred largely by a 5% spike from commercial users because of the expansion of …
Data Centers Prompt US to Boost Power-Usage Forecast by 92% Read More »
