Category: Energy

Energy, Industry Focus Areas

Coronavirus’s Worst Impact on Oil Demand Has Passed, IEA Says

July 10, 2020

Via: The Wall Street Journal

LONDON—The worst effects of the coronavirus on global oil demand have passed but will continue to echo as the market slowly recovers in the second half of 2020, the International Energy Agency said Friday. In its closely read monthly report, […]

Energy, Industry Focus Areas

U.S. Solar-Energy Company Sunrun to Buy Rival Vivint

July 7, 2020

Via: The Wall Street Journal

U.S. residential-solar-market leader Sunrun Inc. has agreed to acquire rival Vivint Solar Inc. in a sector shake-up that could solidify the combined company’s position to fend off new competition. Sunrun will buy Blackstone Group-backed Vivint in an all-stock transaction that […]

Energy, Industry Focus Areas

Massachusetts directs agency to study phase-out of natural gas

June 5, 2020

Via: Reuters

If the state’s Department of Public Utilities opens the investigation, Massachusetts would become the third state to launch a formal process to phase out natural gas, the office of Attorney General Maura Healey said in a statement. California and New […]

Energy, Industry Focus Areas

Tesla applies to become UK electricity generator

May 4, 2020

Via: Electronics Weekly

An application to Ofgem, published on Ofgem’s site last Wednesday, read: ‘Tesla Motors Limited hereby gives notice that it has made an application to the Gas and Electricity Markets Authority for an electricity generation licence. The closing date for comments […]

Energy, Industry Focus Areas

COVID-19 Impact on Renewable Energy Market by Technology, End-User and Region – Global Forecast to 2021

April 30, 2020

Via: PR Newswire

The global renewable energy market size is projected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021. The coronavirus pandemic is adding to the uncertainties that the global oil industry face as it contemplates new […]

Energy, Industry Focus Areas

Texas Oil Port Hit by One-Two Punch: Falling Demand and Overproduction

April 28, 2020

Via: The New York Times

CORPUS CHRISTI, Texas — Ever since this Gulf Coast city’s leaders helped persuade the Obama administration and Congress to lift the export ban on liquid fossil fuels in 2015, the Port of Corpus Christi has been a steady tide of […]

Energy, Industry Focus Areas, Regulations

Trump calls for cash injection for ailing U.S. drilling industry

April 21, 2020

Via: Reuters

U.S. President Donald Trump said on Tuesday he has asked his government to come up with a way to inject cash into the ailing U.S. drilling industry to help it survive a historic collapse in global crude oil prices. The […]

Energy, Industry Focus Areas

Volvo using renewables, automatic lighting to reduce impact of major production site

March 4, 2020


Operations at a Volvo facility in Sweden are now running only on renewable energy, according to the firm. The Volvo Buses plant in the city of Boras — which has the capacity to produce around 10,000 bus chassis annually and […]

Energy, Industry Focus Areas, Regulations

U.S. judge likely to approve Philadelphia refiner’s bankruptcy plan

February 13, 2020

Via: Reuters

NEW YORK (Reuters) – A federal judge on Wednesday said he was prepared to approve Philadelphia Energy Solutions’ bankruptcy plan which includes the sale of the largest East Coast oil refinery to a Chicago real estate developer for $252 million. […]

Energy, Industry Focus Areas, Process, Production

Department of Energy Awards $187M to Strengthen U.S. Manufacturing Competitiveness

February 12, 2020

Via: Quality Magazine

The U.S. Department of Energy (DOE) announced approximately $187 million in funding, including $48 million of cost share, for 55 projects in 25 states to support innovative advanced manufacturing research and development. These projects address high-impact manufacturing technology, materials, and […]