Extreme heat is akin to heart disease for EV batteries, or a mellow and slow-moving form of cancer Bloomberg News A Tesla charging station at the company’s headquarters in Texas. PHOTO BY BRANDON BELL/GETTY IMAGES Consider it ironic, or at least a little poetic: Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s …
A Heat Wave Will Cook an Electric Car Battery, If You Let It Read More »
Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said.The UK energy giant is working with advisers to study a range of possibilities that could also include separating the business into a more independent unit, the people said. It’s …
Shell Explores Selling Stake in Renewable Power Unit Read More »
July 12, 2023 HOUSTON, July 12, 2023 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (the “Company” or “Weatherford”) today announced it has been awarded a five-year contract to provide Intervention Services for Petróleo Brasileiro S.A. (“Petrobras”) in Brazil. Weatherford has performed Intervention Services in Brazil for more than 20 years in close cooperation with Petrobras to develop …
Weatherford Awarded Offshore Intervention Services Contract with Petrobras Read More »
Extreme heat is akin to heart disease for EV batteries, or a mellow and slow-moving form of cancer Bloomberg News A Tesla charging station at the company’s headquarters in Texas. PHOTO BY BRANDON BELL/GETTY IMAGES Consider it ironic, or at least a little poetic: Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s …
A Heat Wave Will Cook an Electric Car Battery, iI You Let It Read More »
U.S. natural gas futures slid about 3% on Wednesday as maintenance work limits the amount of gas flowing to the country’s liquefied natural gas (LNG) export plants. That price decline occurred despite another daily drop in output and forecasts for hotter-than-normal weather to continue through late July, especially in Texas. The Electric Reliability Council of …
U.S. natgas prices down 3% as low LNG feedgas offsets impact of extreme heat Read More »
The U.S. Energy Information Administration (EIA) cut its forecast for 2023 U.S. crude oil production by 50,000 barrels per day after the Organization of the Petroleum Exporting Countries (OPEC) and allies extended output cuts through 2024. Crude oil production is expected to rise 670,000 barrels per day (bpd) to 12.56 million bpd this year, less …
EIA cuts forecast for US crude oil production this year, demand to rise Read More »
Second-quarter 2023 production exceeds high-end of guidance Capital investments for second-quarter 2023 below guidance Second-quarter 2023 earnings and conference call details provided TULSA, OK, July 11, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today provided select preliminary results for second-quarter 2023, including average production and incurred capital investments. …
Summary Prices supported by Saudi, Russian output cuts IEA says sees tight market in H2 Dollar falls to 2-month low, adding support(Reuters) – Oil prices were little changed on Tuesday as traders weighed supply cuts by the world’s biggest oil exporters and hopes for higher demand in the developing world in the second half of …
Oil prices steady as traders weigh supply cuts against economic headwinds Read More »
U.S. natural gas futures climbed about 3% to a one-week high on Monday on forecasts for hotter weather that should boost cooling demand more than previously expected through late July, especially in Texas. That price increase materialized even though drillers were pulling near record amounts of gas out of the ground. The Electric Reliability Council …
U.S. Natgas Prices rise 3% as hot weather boosts cooling demand Read More »
Today the International CCS Knowledge Centre sent the following open letter to government leaders in the United Kingdom, United States and Canada on behalf of many of the world’s leading environmental scientists, academics and experts on carbon capture and storage (CCS) regarding the importance of large-scale CCS as a safe, proven and economically viable tool for …
CCS is needed and ready to address climate change – open letter to international leaders Read More »
