Auto Added by WPeMatico
(Reuters) – Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, though Brent crude was still set for a weekly decline. Brent crude futures were up 52 cents, or 0.6%, to $85.92 a barrel at 1051 GMT. U.S. West Texas Intermediate crude futures were …
U.S. natural gas futures fell about 2% to a two-month low on Thursday on a bigger-than-expected weekly storage build as output rose and the amount of gas flowing to liquefied natural gas (LNG) export plants dropped after Freeport LNG in Texas shut early this week for Hurricane Beryl. Front-month gas futures for August delivery on …
US Natgas Prices Fall 2% to Two-Month Low on Big Storage Build, Rising Output Read More »
(Reuters) – Combined electricity generation from solar and wind farms in the United States surpassed output from nuclear plants for the first time during the opening half of 2024, cementing renewable energy assets as the primary source of clean power in the country. Electricity generation from utility-scale solar and wind assets during the first half …
U.S. Renewables Electricity Output Overtaking Nuclear Read More »
Investment in low-carbon energy has soared 50 per cent since 2019 to reach roughly US$1.9 trillion last year Bloomberg News The world is shifting too slowly from fossil fuels to avoid severe climate change, increasing the risks that the eventual transition to clean energy will be “disorderly,” BP Plc warned. Fossil fuel consumption broke records last year, led …
BP Warns of ‘Disorderly’ Clean-Energy Transition as Fossil Fuel Use Climbs Read More »
Washington, D.C., July 10, 2024 (GLOBE NEWSWIRE) — New polling conducted nationally and across eight presidential and senate battleground states shows strong opposition among likely voters to government policies designed to ban new gas-powered vehicles and, further, that supermajorities of likely voters say this policy issue will be important to them when deciding which elected officials to …
The U.S. Energy Department said on Wednesday it is offering to buy up to 4.5 million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR), though oil prices are now higher than the target price it wants to make such purchases. It was the department’s latest offer to buy oil to replenish the …
U.S. Seeks up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve Read More »
By George Clooney Mr. Clooney is an actor, director and film producer. I Love Joe Biden. But We Need a New Nominee. I’m a lifelong Democrat; I make no apologies for that. I’m proud of what my party represents and what it stands for. As part of my participation in the democratic process and in support …
George Clooney Pens Op-Ed Calling for Biden to Step Aside Read More »
Forecasters say prices for the fuel are set to rise by over a third in the second half of the year. US natural gas bulls, who have waited months for prices to rebound from a lackluster winter, finally got some good news this week. The US Energy Information Administration forecast on Tuesday that prices for the fuel …
U.S. Natural Gas Bulls Finally Get Some Good News Read More »
By Reuters (Reuters) – Industrial giant Honeywell said on Wednesday it would buy Air Products’ liquefied natural-gas process technology and equipment business for $1.81 billion in cash. The deal would help Honeywell add LNG technologies such as heat exchangers and cryogenic equipment to its portfolio and marks the industrial conglomerate’s fourth acquisition this year. Since taking charge …
Honeywell to Buy Air Products’ LNG business for $1.81 Billion Read More »
Storm left 85% of city without power, including mayor’s house Residents told to stay home after three deaths are reported Bloomberg The majority of Houston remained without power in Tropical Storm Beryl’s wake, and authorities warned the blackout could last days even as heat builds across the battered region. Beryl left the nation’s fourth-largest city …
Most of Houston Loses Power as Hurricane Beryl Delivers Latest Blow Read More »
