Visiting US Secretary of State Mike Pompeo said Saturday that Washington is “deeply concerned” over Turkey’s gas exploration in the Eastern Mediterranean amid growing tensions between Turkey, Cyprus and Greece. “We remain deeply concerned by Turkey’s ongoing operations surveying for natural resources in areas over which Greece and Cyprus assert …
Read More »Russian Fuel Oil Is a Hit in US
Behind the facade of political rhetoric, Russia and the United States have embarked on an impressive show of synergy, with fuel oil becoming a rare demonstration of improving relations. The issue of US-Russia energy ties has been enjoying a bit of media spotlight as President Trump accused Democrats in New …
Read More »DTE Energy Targets 420MW of Solar Energy by 2022
Its clean energy generation would offset around 4.7m tons of CO2, equivalent to the emissions from more than 938,000 cars a year.
Read More »US Government Invests $72m in Carbon Capture Technologies
Projects will develop technologies to capture CO2 generated as a by-product of manufacturing at industrial sites as well as develop new materials for use in direct air capture.
Read More »Schlumberger Sells U.S. Fracking Business
The world’s largest oilfield services provider, Schlumberger, is selling its North American fracking business to Liberty Oilfield Services for a minority stake in a new combined company after the oil price crash crushed the U.S. shale patch’s fracking activity. Schlumberger has agreed to combine its onshore hydraulic fracturing business in …
Read More »US Takes Off with $33m Funding for Greener Aircraft
Funding will be shared by 17 projects that aim to reduce energy usage and carbon emissions for commercial aircraft propulsion systems.
Read More »China Is Turning Its Back on Saudi Arabia
In recent months, the world’s biggest oil exporter, Saudi Arabia, has lost market share in China to the United States as the world’s top oil importer has boosted imports from America and reduced purchases from the Kingdom. China has imported record volumes of crude oil in recent months, taking advantage …
Read More »U.S. to Spend $625 Million in Five Quantum Information Research Hubs
The U.S. Department of Energy on Wednesday said it will provide $625 million over the next five years for five newly formed quantum information research hubs as it tries to keep ahead of competing nations like China on the emerging technology. The funding is part of $1.2 billion earmarked in …
Read More »US Energy-Related Emissions Hit 50-Year Low During Pandemic
In April, carbon dioxide emissions from petroleum and coal consumption fell to their record low, according to a report.
Read More »Renewables Made Up 57% of New Capacity in US During First Half of 2020
There were no new capacity additions from oil, nuclear power or geothermal energy across the country during the timeframe.
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