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Geothermal energy projects in the US receive $46m boost

A total of 17 projects in the US are receiving up to a total of $46 million (£33m) in funding for domestic, carbon-free geothermal energy, with the potential to supply power to homes across the country.

read more... 26/02/2021

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Texas Storm Shut In As Much As 4 Million Bpd Of U.S. Oil Production

The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million bpd of the total U.S. crude oil production, IHS Markit said in an analysis.

read more... 22/02/2021

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Global spending in hydrogen projects to reach $300bn by 2030

Global hydrogen project pipeline will see strong growth in the next ten years as investments in the sector are predicted to reach $300 billion (£215bn) in total.

read more... 19/02/2021

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Poland’s LNG Imports Again Jump as Russian Supplies Decline

Poland’s state-owned natural gas company said its liquefied natural gas (LNG) imports totaled 3.76 billion cubic meters (Bcm) in 2020, or 10% more than in 2019.

read more... 11/02/2021

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Oil Major Total Sees 10 Million Bpd Supply Gap In 2025

France's supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the OPEC+ pact, and cracks in the U.S. shale business model.

read more... 11/02/2021

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