The United States retained its leadership in oil output worldwide, the Joint Oil Data Initiative (JODI) said in a new update. Russia won the second place whilst Saudi Arabia came third. As for both oil output and processing, in June, Russia saw a slight change month-on-month. The U.S. oil production …
Read More »US Awards $13.5m to Capture Carbon Dioxide Directly from Air
Funding will be shared over three years by three laboratory-led research projects, which are focused on different major approaches to capturing carbon.
Read More »Tesla to Build World’s Largest Energy Storage Facility in US
Tesla energyTesla partners with US utility to build li-ion battery energy storage facility in California PG&E will own the facility at its substation in Moss Landing, California, but the design, construction and maintenance operations will combine efforts by both by the San Francisco-based utility and the battery and electric vehicle …
Read More »GE Authorised to Use Supercomputer to Drive Wind Power Research
The Summit supercomputer will be used to conduct otherwise infeasible research that is expected to lead to improved efficiencies in offshore wind energy production.
Read More »Japan to Exceed 2030 Renewables Target Supported by US$100 Billion Investments
Over US$100 billion of investment in wind and solar power plants are expected to push the renewables share to 27% of Japan’s generation mix by 2030, exceeding the country’s target, says Wood Mackenzie. Outlined in the 5th Strategic Energy Plan, Japan had aimed for between 22% and 24% of the …
Read More »China Buys Millions of Barrels of U.S. Oil to Comply with Trade Deal
China, the world’s biggest oil importer, has ramped up purchases of American crude in the lead-up to a highly-anticipated review of the trade deal between the two economic powerhouses. As much as 14 million barrels — or seven super-class tankers full — of U.S. oil will be loaded next month …
Read More »China Ramps up U.S. Oil Purchases before Trade Deal Review
China, the world’s biggest oil importer, has ramped up purchases of American crude in the lead-up to a highly-anticipated review of the trade deal between the two economic powerhouses. As much as 14 million barrels — or seven super-class tankers full — of U.S. oil will be loaded next month …
Read More »Facebook Inks Large Solar Deal to Power Its Operations with Renewables
The new 70MW solar facility will power the social media giant’s operations in Tennessee.
Read More »China Ramps Up US Oil Purchases
US crude oil shipments to China will rise sharply in coming weeks, US traders and ship brokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war. Chinese state-owned oil firms have tentatively booked tankers to carry at least …
Read More »US-China Trade Review Delayed as Beijing Lifts Farm, Oil Spending
The US and China have delayed a review of their Phase 1 trade deal initially slated for Saturday, sources familiar with the plans told Reuters, citing scheduling conflicts and the need to allow time for more Chinese purchases of US exports. No new date for the initial six-month compliance review …
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