Latest

Iran’s oil output, exports rise as Washington, Tehran talk

LONDON/WASHINGTON, Aug 31 (Reuters) – Iran’s oil output and exports jumped in August despite U.S. sanctions, according to consultants and companies that track tanker shipments, as Tehran sells to buyers including China. Analysts said the higher exports appear to be the result of Iran’s success in evading U.S. sanctions and Washington’s discretion in enforcing them …

Iran’s oil output, exports rise as Washington, Tehran talk Read More »

COMMENTARY: U.S. Offshore Wind Sector Faces Key Test After Weak Gulf Auction

LITTLETON, Colorado, Aug 29 (Reuters) – The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore wind sector in general. U.S. officials had touted the auction as a key milestone …

COMMENTARY: U.S. Offshore Wind Sector Faces Key Test After Weak Gulf Auction Read More »

The Future of Oil and Gas: How 3D Laser Scanning is Transforming Industry Norms

Introduction The oil and gas sector is a cornerstone of the global energy infrastructure. As pressures from environmental concerns, operational efficiency, geopolitical events, and safety protocols mount, there is an undeniable need for innovation. 3D laser scanning, an emerging technology, is proving to be that innovation, profoundly altering how the industry operates. In this article, …

The Future of Oil and Gas: How 3D Laser Scanning is Transforming Industry Norms Read More »

Battery Giant LG Energy Weighs Green Bond Sale to Cut Emissions

LG Energy Solution Ltd., a battery supplier for General Motors Co. and Tesla Inc., is testing investor demand for a potential dollar-denominated sale of green bonds as the South Korean firm seeks to slash its carbon emissions. The company mandated Bank of America Corp., Citigroup Inc., Morgan Stanley, Standard Chartered Plc and Korea Development Bank …

Battery Giant LG Energy Weighs Green Bond Sale to Cut Emissions Read More »

Chevron Evacuates Gulf Platforms, Kinder Morgan to Shut Pipeline Ahead of Idalia

(Reuters) – U.S. oil producer Chevron  on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms while Kinder Morgan planned to shut a petroleum pipeline, as the energy companies braced for Hurricane Idalia. Hurricane Idalia strengthened over the Gulf of Mexico en route to Florida’s Gulf Coast, forcing evacuations in low-lying …

Chevron Evacuates Gulf Platforms, Kinder Morgan to Shut Pipeline Ahead of Idalia Read More »

Texas Asked to Conserve Energy After Power Plant Outages

Texans are being asked to conserve electricity after a high number of fossil fuel plants unexpectedly went offline even as the intense summer heat ebbs. The Electric Reliability Council of Texas, the grid operator, called for conservation from 5 p.m. to 9 p.m. Central on Tuesday because of a “high level of unexpected” outages at fossil fuel …

Texas Asked to Conserve Energy After Power Plant Outages Read More »

Draft Environmental Study on Dakota Access Pipeline Expected in Fall, US Army Corps of Engineers Says

HOUSTON, Aug 24 (Reuters) – A draft environmental impact statement for the Dakota Access oil pipeline is now expected to be released in fall, a spokesperson for the U.S. Army Corps of Engineers said on Thursday. The review was initially expected to be completed last year and earlier was pushed back to spring of this …

Draft Environmental Study on Dakota Access Pipeline Expected in Fall, US Army Corps of Engineers Says Read More »