New York awards contracts for three offshore wind projects
New York has selected three offshore wind farms to negotiate power contracts with the state as the industry faces increasing challenges from rising costs.
United States
Operational clean hydrogen projects set to double within five years
Report shows the pace of development in the global hydrogen sector is accelerating, and the researchers are warning the UK is at risk of falling further behind the European Union and the United States.
Chevron to buy Hess for $53 Billion in latest oil megadeal
Chevron Corp. (NYSE: CVX) agreed to buy Hess Corp. (NYSE: HES) for $53 billion, the latest major US oil takeover as the industry bets on an enduring future for fossil fuels.
TotalEnergies announces partnership in 3GW Attentive Energy wind farm
TotalEnergies will partner with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the 3GW Attentive Energy wind farm in the United States.
Aurora Energy acquires US wind turbine firm in first international takeover
Inverness-headquartered Aurora Energy Services has acquired US wind turbine blade repair and maintenance specialist Cotech Group in its first international takeover.
Biden’s 2030 wind goal looks like it simply won’t happen
(Bloomberg) --When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind capacity during the next nine years, the plan was deemed bold and ambitious.
UK-based technology is making waves across the Atlantic
UK-based DaaS model Viper Innovations is continuing to strengthen its position as a technology leader in the global subsea oil and gas industry with the announcement of its new US-based corporation.
Biden plots vision of thousands of wind turbines spinning at sea
The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of projects at sea capable of generating enough electricity for more than 10 million American homes.
Oil bankruptcies rise in the third quarter
The number of bankruptcies in the energy sector rose during the third quarter as the coronavirus pandemic continued to take its toll on the oil and gas industry.
U.S. climate reversal will see Biden join world’s green momentum
President-elect Joe Biden plans to push for the most progressive climate policy the U.S. has ever had, aligning the world’s second-largest carbon emitter with a growing group of nations aggressively tackling global warming.
China readies for record-breaking U.S. oil haul in September
U.S. oil exports to China are set to reach a record next month in a sign that Beijing is stepping up purchases to meet its commitments under a landmark trade deal.
Canada the United States’ largest energy trading partner, data shows
The largest energy trading partner to the United States is Canada, according to the US Census Bureau annual data report.
Solar firms stockpile panels in expectation of US tariff bite back
Solar developers are suspending construction as the looming threat of U.S. import tariffs has driven up prices and spurred hoarding, crimping panel supplies.
US remains world’s largest producer of petroleum and natural gas
The United States produced more than twice the petroleum and natural gas hydrocarbons as Saudi Arabia produced in 2015.
US natural gas production reaches record high
US natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015, an increase of 5% from the previous year, even as natural gas prices remained relatively low.
US summer gasoline prices set to be lowest since 2004
American drivers will pay the lowest average summer price in more than a decade this year for regular gasoline, according to Energy Information Administration forecasts.
US average gasoline prices drop below $2 per gallon for first time since 2009
The US average retail price for regular gasoline dropped below $2 this week for the first since March 2009, according to latest data from the Energy Information Administration.
Energy-related CO2 emissions decreased in US from 2005-2013
Carbon dioxide emissions decreased in nearly every US between 2005-2013, according to new data released by the country's Energy Information Administration.
Intertek makes US acquisition
Testing and inspection specialist Intertek has acquired US-based MT Group, giving the company closer access to the US high-growth construction markets.
Magnolia decides to plug US well
Magnolia Petroleum has decided to give up on its Shimanek#2 well in Oklahoma due to high salt water levels and high associated costs.