Sultan Al Jaber, the United Arab Emirates official tapped to lead United Nations climate change talks, said “the phase-down of fossil fuels is inevitable,” marking his strongest statement yet on the future of coal, oil and gas in a warming world. Yet Al Jaber, who also heads the state-owned Abu Dhabi National Oil Co., didn’t …
COP28 Chief Al Jaber Says Fossil Fuel Decline Inevitable Read More »
Summary The Inflation Reduction Act will help build a viable hydrogen economy, but its success in reducing emissions may depend on how the United States defines what counts as clean. Signed into law last year, the Biden administration’s Inflation Reduction Act will plough almost $400 billion into clean energy projects and a large part of …
One of the main goals of this Energy Talking Points Substack and EnergyTalkingPoints.com is to empower you to have the words you need, when you need them. By Alex Epstein I thought readers would enjoy this transcript of a Q&A I did at Gettysburg College a couple months ago. One interesting feature of the Q&A is …
ETP in Action: My Q&A at Gettysburg College – Alex Epstein Read More »
Company Continues to Extend Its Market-Leading Technology Platform to Support Energy Leaders Globally Through Energy Transition ESG, a global leader in energy SaaS solutions, today announced the acquisition of Pandell, a next-generation SaaS land and financial application for the energy sector. This acquisition is part of a broader strategic vision to be the end-to-end software provider …
ESG Acquires Pandell, Broadening Reach Across Energy Value Chain Read More »
By Gavin Maguire LITTLETON, Colorado, (Reuters) – The failure of the Nova Kakhovka dam in southern Ukraine this week has brought sharp focus on the important role that hydroelectric dams play in energy generation around the world, and the struggles many are under in 2023 due to harsh weather. The breach of the Kakhovka dam came …
(Reuters) – U.S. crude oil stockpiles fell unexpectedly last week as refiners cranked out fuel to the highest level since 2019 during the Memorial Day holiday, the Energy Information Administration (EIA) said on Wednesday. Refinery crude runs (USOICR=ECI) rose by 482,000 barrels per day (bpd), while refinery utilization rates (USOIRU=ECI) increased by 2.7 percentage points in the week …
US crude inventories notch surprise drawdown on refinery runs Read More »
U.S. natural gas futures climbed more than 2% to a one-week high on Wednesday, as forecasts for warmer weather bolstered the demand outlook for the fuel to cool homes and businesses. Front-month gas futures for July delivery on the New York Mercantile Exchange traded 5.6 cents higher, or 2.5%, to $2.32 per million British thermal …
US natgas climbs as hot weather outlook boosts power demand prospects Read More »
SUGAR LAND, Texas–(BUSINESS WIRE)–Researched by Industrial Info Resources– Workers at Cenovus Energy Incorporated’s (NYSE:CVE) (Calgary, Alberta) Toledo refinery in Ohio hope to restart the facility’s 110,000-barrel-per-day (BBL/d) Crude 1 (Sour) Unit this week followed by the sequential startup of the rest of the facility in the upcoming week. The 160,000-BBL/d refinery has undergone extensive repairs following …
Cenovus continues with restart of Ohio refinery, an Industrial Info news alert Read More »
With an uncertain picture on oil supply and demand, traders are searching for any clear clues on where the market is headed. On Sunday, Saudi Arabia announced unilateral cuts to crude production, on top of already pledged reductions in output that it is making alongside other producer nations. Oil futures initially rose, then fell again because the …
Here’s What Refining Margins Say About the State of the Oil Market Read More »
WASHINGTON — Protesters chanted “dirty deal” and belted out a John Denver favourite Tuesday as they disrupted moderate Democrat Sen. Joe Manchin to let him know what they think of the newly fast-tracked Mountain Valley pipeline. Manchin, long a key sw…
