The Latest

Baltimore Port Closure Could Dent US Coal Export Volumes, EIA Says

Baltimore handled exports of 28 million short tons last year, making up 28% of total U.S. coal exports.

Gas Executives: US Pipe Dreams ‘Not Dead,’ but Challenging

Regulators could pivot as “market signals that may come may be worse than regulators are looking for,” Sempra Infrastructure’s president of LNG said.

New US Rules Seek to Curb Leaks From Drilling on Public Lands

The U.S. Interior Department finalized rules aimed at limiting methane leaks from oil and gas drilling on public lands.

US Gives Final Green Light to Sunrise Wind Offshore Project

The approval by the Bureau of Ocean Energy Management solidified Ørsted and Eversource’s commitment to the project with both taking final investment decisions.

Bill Gates: ‘A Heroic Effort’ is Beginning, but Climate Goals Still Won’t be Hit

Bill Gates said during CERAWeek by S&P Global that the energy transition was picking up speed but still wouldn’t be able to achieve the climate goals established under the Paris Agreement of 2015.

Shipping Traffic Freezes Up in Port Waters After Baltimore Bridge Collapse

U.S. port of Baltimore traffic was suspended until further notice following a bridge collapse. At least 13 vessels expected to load coal were anchored near the port at the time of the incident.

Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says

Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.

DOE Considers Technip, LanzaTech For $200MM ‘Breakthrough’ Technology Award

The U.S. Department of Energy funding will be used to develop technology that turns CO2 into sustainable ethylene.

What's Affecting Oil Prices This Week? (March 25, 2024)

On average, Stratas Advisors are forecasting that oil supply will be at a deficit of 840,000 bbl/d in 2024.

Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target

Russia plans to gradually ease the export cuts and focus on only reducing output.