• News
    New Solar Power to Sustain More Than 10,000 Homes Will Be Built with The Help of Charlotte

    New Solar Power to Sustain More Than 10,000 Homes Will Be Built with The Help of Charlotte

    Charlotte is now within the solar power enterprise, following a metropolis council vote Monday night time to a companion in constructing a 35-megawatt solar farm in Iredell County. The town says that, with Monday’s vote, Charlotte turned the most populous U.S. metropolis essentially to acquire renewable energy by way of a utility “green tariff” equivalent to Duke’s Green Source Advantage…

    Read More »
  • Natural Gas
    U.S. Pipeline Venture Delayed Due to Costs

    U.S. Pipeline Venture Delayed Due to Costs

    The almost USD $1-billion Constitution Pipeline venture, which had been designed to take natural gas from Pennsylvania’s shale gas fields to metropolitan New York and New England, has been deserted after years of authorized regulatory challenges made it economically unfeasible, a spokesperson for venture companion Duke Energy stated Monday. Duke is one of four challenge companions. The principal associate is…

    Read More »
  • News
    Texas Regulator List Down States Companies Responsible for Natural Gas Flaring

    Texas Regulator List Down States Companies Responsible for Natural Gas Flaring

    One of Texas’ oil and gas regulators Tuesday defended the state’s high rate of natural gas flaring; however, he named corporations that burned off the most gas and stated he would hold public conferences on the controversial practice. Flaring, or deliberately burning fuel produced alongside oil, has soared with a crude production in Texas; however, it can worsen climate change…

    Read More »
  • News
    China Is a Plain to Exempt Tariff from U.S. Oil and LNG

    China Is a Plain to Exempt Tariff from U.S. Oil and LNG

    China has opened for purposes for tariff exemptions on numerous U.S. merchandise and commodities together with crude oil and liquefied pure fuel, Reuters reported at present. Tariffs have been blamed for the droop in U.S. oil and LNG exports to China, which is among the greatest importers for each commodity. Additionally, they interfered with U.S. LNG corporations’ plans for brand…

    Read More »
  • News
    Oil Plunges Below $57 Following Coronavirus and OPEC+ Cuts Delays

    Oil Plunges Below $57 Following Coronavirus and OPEC+ Cuts Delays

    Oil dropped below $57 per barrel Tuesday, pressured by concerns over the impact on oil demand from the coronavirus epidemic in China and a lack of further action by OPEC and its partners to support the market. Forecasters, including the International Energy Agency (IEA), have pared 2020 oil demand estimations because of the coronavirus. Although new cases in mainland China…

    Read More »
  • Crude Oil
    US Oil and Gas Sector Affected Massively by Coronavirus

    US Oil and Gas Sector Affected Massively by Coronavirus

    The worldwide vitality sector is sick due to the coronavirus. However, the illness might have its most deleterious impact on the U.S. oil and gas industries, on condition that the president is making an attempt to stress China to purchase more U.S-produced fossil fuels. China’s concessions throughout commerce talks are doubtful. However, the coronavirus makes them much more uncertain. And…

    Read More »
  • Natural Gas
    U.S. Natural Gas Dips to Weakest since March 2016

    U.S. Natural Gas Dips to Weakest since March 2016

    U.S. natural gas prices have been at their lowest ranges in a long time. On Monday, the near-month natural gas futures price at the New York Mercantile Exchange (NYMEX) settled at US$1.77/million Btu. This price was the weakest February closing price for the near-month contract since at least 2001, in real terms, and the lowest near-month futures price in any month since…

    Read More »
  • News
    Wind Energy Is a Best Friend to Farmers in Their Tough Times

    Wind Energy Is a Best Friend to Farmers in Their Tough Times

    Throughout this central northern county in Kansas, wind turbine blades slowly slice the chilly air over winter-brown fields. The 67 wind generators of the Meridian Way Wind Farm straddle dozens of farms and ranches, following the contours of the land and the eddies of the wind above it. The generators are tall sufficient that driving by, their dimension is difficult…

    Read More »
  • News
    U.S. First Show Interest in Expanding Portugal's Sines Port

    U.S. First Show Interest in Expanding Portugal’s Sines Port

    American corporations have a keen interest in expanding Portugal’s deepwater port of Sines because of its strategic standing for liquefied natural gas (LNG) exports to Europe, U.S. Energy Secretary Dan Brouillette stated Wednesday. Portugal launched a global tender in October for a contract to build and function a new container terminal in Sines, continental Europe’s closest port to the Panama Canal.…

    Read More »
  • Crude Oil
    Asian VLSFO Comes Down After Enjoying Record Peaks

    Asian VLSFO Comes Down After Enjoying Record Peaks

    Asia’s market for very low-sulfur fuel oil (VLSFO) has departed from its record peaks near the beginning of the year, as demand crumbles under seasonal elements and an outbreak in China. At the same time, supply expectations improve, analysts and traders stated. Cooling VLSFO prices are an early signal of stabilizing market fundamentals after months of dryness triggered by the…

    Read More »
Close