US News

Auto Added by WPeMatico

Chevron CEO Hits Biden’s Natural Gas Policies, Says Fuel is Crucial for AI

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden’s administration for what he described as “attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI). The CEO’s remarks followed new government plans over policies to prevent power-hungry AI data …

Chevron CEO Hits Biden’s Natural Gas Policies, Says Fuel is Crucial for AI Read More »

Gas Power Roars Back to Drive Data-Center Boom

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, US News / By

Utilities in the US are building a slew of plants, putting the government’s clean-energy goals further from reach. The Calpine Los Medanos Energy Center gas-fired power plant in Pittsburg, California. Photographer: Bloomberg Natural gas is back in favor in the US. In the first six months of this year, power producers announced plans to build more gas-fired capacity than they …

Gas Power Roars Back to Drive Data-Center Boom Read More »

OPEC+ Faces a New Problem: A Texas Gas Pipeline

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, Pipelines, US News / By

The new path to market for Permian Basin shale gas could could foil oil producers’ plan to curb output. By Javier Blas Now is the moment when common sense says the US shale industry should be slowing. With oil prices plunging 25% over the last year, you’d expect companies would surely react by cutting drilling. …

OPEC+ Faces a New Problem: A Texas Gas Pipeline Read More »

U.S. Solar Jobs Rise 6% in 2023, Study Says

Latest, Renewable Energy, Solar, US News / By

(Reuters) – U.S. solar industry jobs rose 6% last year to nearly 280,000, their highest level ever, according to an annual study known as the National Solar Jobs Census published on Monday by the nonprofit Interstate Renewable Energy Council. WHY IT MATTERS Solar-generated electricity is one of the fastest-growing segments of the U.S. energy industry …

U.S. Solar Jobs Rise 6% in 2023, Study Says Read More »

Investors Turned More Bearish on Oil Last Week Than Ever

Conventional Energy, Energy Topics & Technology, Fracking, Latest, US News / By

Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that pressured prices to multi-year lows amid growing concerns of weak demand in top consuming nations. Negative sentiment swept oil markets so strongly that short positions on Brent crude overtook long positions for the first time, data from the Intercontinental …

Investors Turned More Bearish on Oil Last Week Than Ever Read More »

AI Boom Is Driving a Surprise Resurgence of U.S. Gas-Fired Power

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

Energy companies in the US are planning new natural gas-fired power generation at the fastest pace in years, one of the clearest signals yet that fossil fuels are likely to have a longer runway than previously thought. From Florida to Oregon, utilities are racing to meet a surge in demand from power-hungry AI data centers, …

AI Boom Is Driving a Surprise Resurgence of U.S. Gas-Fired Power Read More »

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? …

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

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 …

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

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 …

Oil Prices Stabilize Ahead of Fed Interest Rate Decision Read More »

Subscribe
Subscribe