(Reuters) – Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to 10-month highs last week. Saudi Arabia and Russia last week announced that they will extend voluntary supply cuts of a combined 1.3 million barrels per day (bpd) until the end of the year. Brent crude fell by …
Oil Prices Ease From 10-Month Highs But Hold Above $90 a Barrel Read More »
In a pilot phase prior to the go-live, BP had tested the DIMATE PACS capability to exchange digital data with NDT service contractors. The DIMATE PACS passed the test with flying colors – or as Peter van Bruggen put it, Delivery Orchestration Lead I&E – Digital Production & Business Services at BP: “This innovative NDT …
The UK’s offshore wind energy plans, and the climate goals that go with it, have been brought to a sudden halt. On Friday, an auction for contracts to build new wind farms received zero bids from developers. It’s the first time that’s happened since the current system was introduced almost a decade ago, and it raises major …
What’s Next for Britain’s Struggling Offshore Wind Industry? Read More »
When crude surges above $90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note. After half a year in the doldrums, the price of the world’s most important commodity is on a tear as the biggest players in …
Oil Price Resurgence Has Further to Run After the Saudis Turn the Screw Read More »
Sept 8 (Reuters) – Power prices in Texas soared on Friday with electric use expected to hit a record high as homes and businesses blasted their air conditioners to escape another sweltering heat wave. So far this week, the state’s electric grid operator has passed several reliability tests after urging homes and businesses to conserve …
Texas power prices soar as grid passes reliability test in heat wave Read More »
Sept 8 – U.S. energy firms this week increased the number of oil rigs operating for the first time since June, while cutting the natural gas rig count, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by …
U.S. Drillers Add Oil Rigs for First Time Since June, Baker Hughes Says Read More »
By Aaron Foyer Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Global carbon pools refer to the various reservoirs or storage areas where carbon is stored on Earth. Understanding these carbon pools is crucial for comprehending the carbon cycle, which plays a fundamental role in regulating the Earth’s climate. Atmosphere: The atmosphere contains carbon …
INFOGRAPHIC: The Global Carbon Reserves of Soil and Vegetation – ENERGYminute Read More »
U.S. natural gas futures edged up about 1% to a one-week high on Friday on forecasts of hotter than normal weather through at least late September and a jump in global gas prices due to worries about a strike at U.S. energy firm Chevron’s liquefied natural gas (LNG) export projects in Australia. Front-month gas futures for …
U.S. natgas prices edge up 1% on heat forecasts, soaring global gas prices Read More »
LITTLETON, Colorado, Sept 8 (Reuters) – After months of low wind speeds in several key wind farm areas, U.S. wind power generation hit its highest levels in nearly five months in early September as wind speeds picked up. Unusually low wind speeds caused U.S. wind generation to slump by more than 4.5% over the first …
Column: US Wind Power Generation Breaks out of Summer Doldrums Read More »
The unnecessarily large wildfires in Maui were not caused by the slow warming of climate but by “green” policies that prevented proper wildfire management. By Alex Epstein As Congress returns to session, one topic I expect to be the subject of hearings and discussion is the wildfire tragedy in Maui. It is crucial that our …
OPINION: Maui’s Wildfire Tragedy Caused by “Green” Policies, Not Warming – Alex Epstein Read More »
