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.
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.
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.
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.
The largest energy trading partner to the United States is Canada, according to the US Census Bureau annual data report.
Solar developers are suspending construction as the looming threat of U.S. import tariffs has driven up prices and spurred hoarding, crimping panel supplies.
The United States produced more than twice the petroleum and natural gas hydrocarbons as Saudi Arabia produced in 2015.
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.
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.
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.
Carbon dioxide emissions decreased in nearly every US between 2005-2013, according to new data released by the country's Energy Information Administration.
Testing and inspection specialist Intertek has acquired US-based MT Group, giving the company closer access to the US high-growth construction markets.
Magnolia Petroleum has decided to give up on its Shimanek#2 well in Oklahoma due to high salt water levels and high associated costs.