In 2023, China's oil import strategy has evolved in response to its soaring energy demands. With an impressive intake of around 11.3 million barrels daily, up 10% from last year, China is enhancing its energy security and asserting itself as a major force in global refining. The nation's refineries
North Dakota's energy sector, a crucial driver of the state's economy, faces new challenges under the Bureau of Land Management's (BLM) latest onshore oil leasing rule. This regulatory shift, presented as a stride towards better resource management and environmental stewardship, has proven
Stricter Financial Assurance Requirements The Bureau of Ocean Energy Management's (BOEM) recent announcement signals a pivotal shift in how offshore oil cleanup costs will be handled. Previously, regulations may have allowed some companies to dodge the financial responsibility of decommissioning
Kentucky Governor Andy Beshear recently sparked controversy by vetoing a bill that aimed to encourage the incorporation of nuclear energy into the state's historically coal-dominated energy portfolio. The veto has prompted discussions about the dynamics between state governance and private industry
Despite urgent calls for climate action, 2023 saw the largest increase in coal power capacity since 2016, with a significant addition of 48.4 gigawatts (GW). This contradicts international efforts to curb fossil fuel usage in line with the Paris Agreement's climate objectives. China's contribution
Colstrip, Montana, a symbol of America's evolving energy landscape, grapples with significant changes. This small town, historically sustained by coal mining and power plants, has long provided electricity for cities across the West Coast. As the winds of change blow, Colstrip finds itself at a
