Tag: news

August 6, 2019

It’s been a painful few days for stocks, but one corner of the market has had it even worse. Energy has plummeted more than 6% to start August, the worst S&P 500 performer and only sector in a bear market. […]

February 26, 2019

South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralized generation plants to “disappear,” Energy Minister Jeff Radebe said. Renewable power from independent producers currently accounts for 3,776 megawatts, less than 5 percent of […]

February 18, 2019

In 2018, North Dakota processed approximately 527 billion cubic feet of natural gas. Western North Dakota has a total of 16 natural gas processing plants that produced 2.56 billion cubic feet per day of natural gas in 2018. It also […]

December 5, 2018

Ministers from the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC partners like Russia descend on Vienna this week with the idea of taming an oil market whipsawed by extreme volatility. But any notion that the cartel can successfully “manage” […]

October 15, 2018

Is $100 a barrel (bbl) inevitable? Brent crude is now trading at $82/bbl, a four-year high, and most analysts believe it won’t stop there. The geopolitical and global financial climate is certainly hospitable to rising oil prices: Saudi Arabia’s Jamal […]

October 15, 2018

States that want to keep their aging nuclear power fleet from retiring now have a court-approved roadmap for doing so. That’s because two federal courts of appeals last month upheld very similar state laws in Illinois and New York aimed […]

June 21, 2018

De-facto OPEC leader Saudi Arabia is pushing for the 14-member oil cartel and its allied partners to increase crude production by 1 million barrels per day (bpd) this week. Saudi Arabia’s Energy Minister Khalid al-Falih said Thursday that the world […]

June 20, 2018

President Donald Trump’s attempt to politicize the oil market should be castigated by OPEC, according to Iran’s energy minister. The U.S. president has sought to publicly intervene in OPEC’s policymaking ahead of a key meeting for the 14-member oil cartel […]

January 2, 2018

Oil prices appear poised to level off after a nearly six-month rally pushed futures to 2½-year highs at the close of 2017, analysts say. But several geopolitical hot spots could keep the run-up in the energy complex alive. The oil […]

October 31, 2017

Changes abound in the Middle East and North Africa, but the pace of economic and social reforms needs to increase, according to one senior voice at the International Monetary Fund (IMF). Global growth will be 3.6 percent for the fiscal […]

September 1, 2017

Crystalline-silicon solar manufacturer SolarWorld Americas announced Thursday that it has supplied 14.2MW of its solar panels for a project in Nevada that combines both complementary solar and geothermal power generation. The project at Patua, located about 40 miles east of […]

August 29, 2017

Crude traded in a narrow but volatile range on Tuesday as the market grappled with the shutdown of some 13 percent of refining capacity in the United States, the world’s largest oil consumer, after a hurricane ripped through the heart […]

August 22, 2017

Having succeeded in making the first ever solar-powered round-the-world trip in 2012, the team behind PlanetSolar, the largest solar-powered boat in the world, have now set their sights on another solar-powered first — a journey into space. To further demonstrate […]

August 16, 2017

It’s been over three years since New York’s Reforming the Energy Vision effort began. Under the initiative, regulators, utilities and third-party technology companies are coming together to recalibrate and optimize New York’s electricity market with distributed energy resources. There are […]

August 15, 2017

Duke Energy Renewables has purchased its first renewable energy project in New York. The 24.9-MW Shoreham Solar Commons project on Long Island, currently under construction in Brookhaven by Invenergy, is one of the largest solar projects in the state. When Shoreham […]