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A Dose of Reality: Breaking Our Plastics Habit Is Easier Said Than Done

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

There are alternative sources of energy for coal, gas and oil, but there are few substitutes for polymers. By David Fickling David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. Could our unshakeable addiction to plastics be broken? …

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Natgas Producer BKV Aims to Raise up to $315 Mln in U.S. IPO

Conventional Energy, Latest, Natural Gas, US News / By

Natgas producer BKV aims to raise up to $315 mln in US IPO By Reuters (Reuters) – Natural gas producer BKV Corporation said on Monday it plans to raise up to $315 million in its initial public offering in the United States. The Denver, Colorado-based company is offering 15 million shares priced between $19 and $21 …

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Oil Prices Stabilize Ahead of Fed Interest Rate Decision

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Offline capacity in Gulf of Mexico still supports prices Markets await decision on Fed rate cut Poor August data stokes China demand worries (Reuters) – Oil prices stabilized on Monday as ongoing disruption to U.S. Gulf oil infrastructure balanced persistent demand concerns after a fresh round of Chinese data while investors await news on …

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Oil Eases on Resuming U.S. Output After Storm, Rising Rig Count

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Brent and WTI both set for weekly gains US offshore oil industry reawakens after Francine shut-ins US oil and gas rig count rises by most in a year Benchmarks hit multi-year lows this week on demand fears (Reuters) – Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane …

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Judge Blocks New Drilling Permits for Wyoming Oil Development Project

Conventional Energy, Latest, Oil, US News / By

 A federal judge on Friday blocked new oil drilling permits from being granted for a 5,000-well oil and gas development project in Wyoming that was approved in the waning days of Republican former President Donald Trump’s administration. U.S. District Judge Tanya Chutkan in Washington, D.C., agreed with two environmental groups that the U.S. Bureau of …

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U.S. Offshore Oil Industry Reawakens After Francine Shut-Ins

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

U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region’s output, ports reopened, and onshore terminals accepted oil and liquefied natural gas (LNG) tankers. Hurricane Francine shut in up to 42% of the region’s offshore oil …

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The Spirit of Fracking Comes to U.S. Lithium Mining

Energy Topics & Technology, Latest, Minerals, US News / By

By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.   “Fracking” is an expletive in environmental circles. Yet the spirit of shale is creeping into a business with transformational potential for …

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U.S. Locks in Steep China Tariff Hikes, Many to Start Sept. 27

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Summary USTR maintains tariffs of 100% on Chinese EVs, 50% on semiconductors, 25% on batteries, steel USTR doubles tariffs on Chinese face masks, surgical gloves syringes US adds China tariff exclusions on five machinery categories White House adviser says tariffs counteract ‘unfair’ China EV cost advantage Sept 13 (Reuters) – The Biden administration on Friday …

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Oil Price Rally Steers Crude Towards Weekly Gain

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Brent and WTI both set for weekly gains Prices supported by supply disruption from Hurricane Francine Demand fears had pushed benchmarks to multi-year lows this week Sept 13 (Reuters) – Oil prices rose about 1% on Friday, extending their rally and putting crude on course for a weekly gain on the back of output …

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