Oil prices edged slightly down on Thursday after EIA reported a record level of U.S. crude oil inventories and crude exports since the start of 2018, amid ongoing concerns about slower global economic growth. However, the losses were limited by OPEC’s output cuts, U.S. sanctions on Venezuelan and Iranian oil imports, as well as the advancing U.S.-China trade talks. Brent oil almost steadied at $67.07 a barrel, while WTI crude was 0.4% down at $56.96 a barrel.
read more... 22/02/2019
Norway’s energy ministry said Friday it would not be halting construction of Fosen Vind’s 288-MW Storheia wind farm, despite concerns about the turbines’ impact on reindeer herding in the area.
read more... 27/12/2018
The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.
read more... 23/05/2018
According to the latest report from the Energy Information Administration (EIA), wind power is expected to surpass hydroelectricity as the biggest green energy production source in the US.
read more... 26/01/2018
By the year 2040, global energy consumption might increase by 28%, as forecasted by the US Energy Information Administration (EIA).
read more... 19/09/2017