Category: Energy

October 14, 2021

Soaring natural-gas and coal prices are pressuring power-generation companies and manufacturers to switch to using oil, a trend that could add half a million barrels a day to global demand, the International Energy Agency said Thursday. In its monthly market […]

October 13, 2021

This should be a great time for energy investors. Few of them are still around to enjoy it. Years of awful returns and pressure from clients to exit from the oil-and-gas business have left fewer and smaller firms able to […]

October 12, 2021

West Texas Intermediate crude closed above $80 a barrel for the first time since late 2014 as a growing power crisis from Europe to Asia boosts demand for oil ahead of winter. U.S. crude futures advanced 1.5% on Oct. 11 […]

October 12, 2021

The development of wind energy, a renewable, emissions-free energy source, is widely acknowledged as an imperative to mitigate greenhouse gas emissions and the impacts of climate change. In recent years, much progress in this realm has been made as the […]

October 7, 2021

U.S. inventories of distillates — used as diesel for both transportation and heating oil — are enough to meet just 31.2 days of demand, according to the Energy Information Administration. That’s the tightest it has been for this time of […]

September 28, 2021

Technologies to harness the power of water are touted as crucial for a low-emissions future. But over many decades, the hydropower industry has caused serious damage to the environment and people’s lives. More than 500 new hydropower dams are currently […]

September 21, 2021

OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike. “The plan is working, we’re gradually increasing and the market is absorbing it,” United […]

September 16, 2021

The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive. “There are things that are interfering with market signals right now […]

September 10, 2021

The solar farm industry has been growing over the last several years and is expected to experience significant growth for years to come. Electricity generated from solar power has been on the rise over the last decade and is one […]

September 8, 2021

Just over 20% of U.S. Gulf of Mexico oil and natural gas production is back online after Hurricane Ida battered southeast Louisiana, marking an even slower comeback than in the wake of Katrina. More than a week after the Category […]