Tag: fuel

March 17, 2016

For decades, coal has been the dominant energy source for generating electricity in the United States. EIA’s Short-Term Energy Outlook (STEO) is now forecasting that 2016 will be the first year that natural gas-fired generation exceeds coal generation in the […]

March 11, 2016

China will expand its strategic uranium reserve as part of its “five-year plan” for 2016-2020, with the aim of ensuring it has enough fuel to supply a massive program of new nuclear reactors. Beijing, which began stockpiling uranium in 2007 […]

March 7, 2016

The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015. Coal exports fell for the third consecutive year in 2015, ending the year 23 MMst lower than in 2014 […]

March 3, 2016

The owner of a central Illinois coal mine where an underground fire has smoldered for the past year is seeking permission to seal the mine. Read More on Penn Energy

February 25, 2016

In recent years, proponents of clean energy have taken heart in the falling prices of solar and wind power, hoping they will drive an energy revolution. But a new study co-authored by an MIT professor suggests otherwise: Technology-driven cost reductions […]

February 19, 2016

U.S. Gulf of Mexico (GOM) crude oil production is estimated to increase to record high levels in 2017, even as oil prices remain low. EIA projects GOM production will average 1.63 million barrels per day (b/d) in 2016 and 1.79 […]

February 17, 2016

EIA’s weekly survey of diesel prices shows that the U.S. average retail price for on-highway diesel fuel was $1.98 per gallon (gal) on February 15, falling below $2/gal for the first time since February 14, 2005. The U.S. average retail […]

February 10, 2016

President Obama’s Fiscal Year (FY) 2017 budget includes a programmatic level of US$878 million for the Office of Fossil Energy (FE), including the use of US$240 million in prior year funds, to advance technologies related to the reliable, efficient, affordable […]

January 22, 2016

Oil rose nearly 7 percent on Friday to above $31 in its largest weekly rally in three months, as a cold front sweeping the United States and Europe as well as firmer financial markets gave traders reason to cash in […]

January 22, 2016

PM Environmental has announced the launch of its petroleum compliance services (PCS) line. This adds to the company’s already full line of retail petroleum services that includes underground storage tank management and removal, free product investigation, state fund reimbursement assistance […]

January 20, 2016

One of the world’s largest oil companies, Royal Dutch Shell, expects its roughly $49 billion takeover of rival BG Group to conclude in “a matter of weeks”, it said on Wednesday. The oil major, updating the market one week ahead […]

January 20, 2016

The Department of Energy (DOE) announced on January 15 that it was awarding up to $40 million each in cost-shared funding to Southern Co. and X-Energy to “support work to address key technical challenges to the design, construction, and operation […]

January 19, 2016

The International Energy Agency warned on Tuesday that a further drop in oil prices is likely as supply continues to exceed demand, placing “enormous strain” on the ability of the oil system to absorb it efficiently. Brent crude futures have […]

October 13, 2015

FX Energy, Inc. (NASDAQ: FXEN, FXENP) today announced that it has entered into a definitive merger agreement pursuant to which ORLEN Upstream Sp. z o.o. will acquire all of the outstanding shares of common stock of FX Energy.  ORLEN Upstream […]

October 13, 2015

Oil prices retreated from their highest levels in more than a month on Monday as investors took profits after several days of sharp gains and oil markets remained over-supplied despite talk of stronger demand next year. Oil has been on […]