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U.S. May Revive Some Shut Nuclear Plants to Help Meet Emissions Goal, Energy Chief Says

(Reuters) – The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse gas reduction goals and …

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Environmental Groups to Sue Canada’s Suncor Over Colorado Refinery Emissions

The organizations, represented by environmental law non-profit Earthjustice, said they will bring a civil suit against Calgary-based Suncor over more than 1,000 emission violations that Earthjustice said Suncor reported to the state of Colorado between January 2019 and December 2023. Under the Clean Air Act, members of the public must give 60 days’ notice to …

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U.S. Oil Refiners’ Weekly Capacity Seen up 44,000 Bpd, IIR Says

U.S. oil refiners are expected to have about 60,000 barrels per day (bpd) of capacity offline in the week ending June 7, increasing available refining capacity by 44,000 bpd, research company IIR Energy said on Wednesday. Offline capacity is expected to rise to 66,000 bpd in the week ending June 14, IIR added. The following …

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U.S. Crude Ctocks, Gasoline and Distillate Inventories Rise – EI

U.S. crude stocks, gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.2 million barrels to 455.9 million barrels in the week ended May 31, the EIA said, compared with analysts’ expectations in a Reuters poll for a 2.3 million-barrel draw. Crude stocks at the …

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Dive into ‘Close The Divide’ – A Compelling Documentary Now Streaming on Apple TV, Amazon Prime, and YouTube Movies – Learn More

                            Dive into Close The Divide, a compelling documentary now streaming on Apple TV, Amazon Prime, and YouTube Movies. This film masterfully explores the pressing issues of climate change amidst the global energy crisis, making it a must-watch for anyone involved in …

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Shell CEO Warns of Risk From Volatile Policy in DC Visit

Policy charted in US capital weighs on spending, Sawan says Sawan touts LNG as flexible option to meet industrial demand Shell Plc’s chief executive officer used a trip to Washington to deliver a plea for stability months before a US presidential election that threatens more upheaval in the global energy sector. Wael Sawan’s remarks during …

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New York Finalizes Offshore Wind Contracts for Equinor, Orsted Projects

(Reuters) – The New York State Energy Research and Development Authority (NYSERDA) said on Tuesday it had finalized contracts for Equinor’s  Empire Wind 1 and Orsted’s  and Eversource’s Sunrise Wind offshore wind projects. NYSERDA in February awarded conditional contracts to buy electricity from two proposed offshore wind projects under a program meant to support the embattled industry and keep the state’s ambitious …

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Saudi Aramco in LNG Talks With US Tellurian, NextDecade, Sources Say

Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production, three sources close to the talks told Reuters. U.S. gas production has boomed over the past decade with oil majors and Aramco’s rivals such as Qatar’s …

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U.S. Could Boost Rate of Replenishing Oil Reserve, Energy Secretary Granholm Says

The U.S. could hasten the rate of replenishing the Strategic Petroleum Reserve as maintenance on the stockpile is completed by the end of the year, Energy Secretary Jennifer Granholm told Reuters on Tuesday. Granholm said she believes the global oil market is well-supplied and that she does not expect a big increase in oil and …

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TC Energy Shareholders Vote to Spin off North American Oil Pipeline Business

TC Energy shareholders voted in favour of spinning off the Canadian company’s liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp whose assets include the Keystone oil pipeline. The spin-off will help Calgary-based TC lower its high debt load and focus on moving natural gas. South Bow’s assets …

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