European Union countries adopted a 14th package of sanctions on Russia that aims to close some circumvention loopholes and hits Russia’s gas exports for the first time, EU foreign affairs ministers said in a statement on Monday. Western powers imposed sweeping sanctions on Moscow after Russia launched a full-scale invasion of Ukraine in February 2022, …
EU Adopts New Sanctions Against Russia, Including LNG Read More »
U.S. oil refiners are expected to have about 85,000 barrels per day (bpd) of capacity offline in the week ending June 28, increasing available refining capacity by 68,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to fall to 79,000 bpd in the week ending July 5, IIR added. The following …
US Oil Refiners’ Weekly Capacity Seen up 68,000 Bpd, IIR Says Read More »
Public-private M&A brings new players to top slots in private operators list.
The U.S. Energy Information Administration’s storage report shows storage levels drifting back down to normal.
Clean hydrogen developer, EverWind Fuels, applauded Canada’s timely and effective response to the U.S. Inflation Reduction Act with passage of the Clean Hydrogen Investment Tax Credit.
The natural gas price decline came even on forecasts for hotter weather next week than previously expected.
U.S. jet fuel output rises to pre-COVID levels as demand soars June 21, 202412:55 PM Reuters0 Comments U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep up with forecasts of record air travel this summer. U.S. refiners’ net production of jet fuel …
U.S. Jet Fuel Output Rises to Pre-COVID Levels as Demand Soars Read More »
Crude prices declined despite signs of improving U.S. oil demand and falling fuel inventories that helped boost crude prices to a seven-week high a day earlier.
Data showed global energy consumption increased 2% to a record 620 exajoules (EJ), driven by increases in coal and oil use.
Is artificial intelligence humanity’s power-hungry new friend?
