Tag Archives: United States of America

The US plans to auction eight lease areas for offshore wind power in the shallow stretch of the Atlantic between New York’s Long Island and New Jersey. The proposed sites offer the potential for as much as 7 gigawatts of electricity, enough to power more than 2.6 million homes, the …

GlobalData’s latest report, ‘Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals, 2021–2025 – North America Dominates Global Capacity Additions and Capex Spending,’ indicates that global liquefied natural gas (LNG) liquefaction capacity is expected to grow by 70% over the next four years, from 460 million tonnes per annum …

It’s not just BP Plc and Royal Dutch Shell Plc that are having to prepare for a world that’s less hungry for oil and gas. The world’s biggest independent oil storage company Royal Vopak NV is partnering with battery startup Elestor BV to develop a battery that they think could …

Baker Hughes Co. on Friday reported the total number of rotary drilling rigs operating in the United States ended the week at 456, representing a one-unit decline from a week ago. The most recent U.S. rig count reflects no change in the number of oil (359) and a one-unit drop …

The governments of Denmark, Norway, and the United States, along with the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will lead a new Zero-Emission Shipping Mission as part of Mission Innovation. The mission aims to accelerate international public-private collaboration to scale and deploy new …

When it comes to the global shift to low-carbon energy sources, Europe has traditionally been viewed as the world leader. Meanwhile, the United States has frequently been regarded as an important—albeit grudging—participant. Over the past half-decade, China has also improved its stock in the fast-growing market through a plethora of …

US daily imports of Russian oil have hit new highs, despite tough talk on a wide range of issues, including energy. In March, the nation purchased Russian crude and oil products in volumes not seen since 2009. According to the latest data released by the US Energy Information Administration (EIA), …

According to the EIA’s latest Short-Term Energy Outlook, U.S. LNG exports decreased for the period between 20 May and 26 May 2021. This reflects lower feed gas deliveries into LNG liquefaction facilities the prior week. Eighteen LNG ships departed the United States in this period. Seven were from Sabine Pass, …

U.S. energy companies are urgently building their cyberattack insurance coverage following the Colonial Pipeline network attack earlier this month, Reuters has reported, adding that premiums were likely to rise on this increased demand. A ransomware attack shut down the largest fuel pipeline in the United States two weeks ago, causing …

The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open the coast off California to development as it seeks to supercharge the nascent U.S. industry, officials said May 25. The effort is part of the administration’s broader plan to …