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...Heavy industry is responsible for about a quarter of US greenhouse gas emissions....
...In July last year, the US Senate passed the Nuclear Fuel Security Act on a vote of 96-3, directing the Department of Energy (DOE) to prioritise increasing domestic production of low-enriched uranium for...
...(David Sheppard) Oil and gas industry braces for ‘punitive’ methane fee As Democrats thrash out their $3.5bn budget plan, one element is causing particular anxiety in the oil and gas industry: a fee on...
...The DoE noted that China dominates the supply chain for the manufacturing of lithium batteries, including the processing of minerals....
...DOE and the FERC, the Federal Energy Regulatory Commission, we both have roles in getting projects permitted....
...That has since jumped to 6.3 gigawatts, with 1.3GW added in the first quarter of this year alone....
...While this would have a big impact on oil and gas usage, lower overall energy demand means there is not a huge difference in the annual increase in renewables under the two scenarios: 5.3 per cent in the...
...Stocks on Riyadh’s Tadawul exchange opened down 2.3 per cent before recovering to close down 1.3 per cent on Sunday....
...Crude oil stock remain near levels not seen for this time of the year for at least 80 years, the DoE said in its report....
...Nymex February West Texas Intermediate, the US benchmark, was trading down $1.37, or 3.6 per cent, at $36.50 a barrel, while ICE February Brent was down $1.21, or 3.2 per cent, to $36.58 a barrel....
...Even so, the narrow waters between Yemen and Djibouti are considered a “chokepoint” to global oil supplies, according to the US DoE....
...The DOE’s Energy Information Administration said that crude oil exports from the US reached 288,000 b/d in May – the highest since April 1999 – from 268,000 b/d the month prior....
...US natural gas futures climbed 3.8 per cent to a six-week high of $3.603 per million British thermal units as the Department of Energy said a larger than expected volume of gas had been withdrawn from storage...
...US benchmark gas was $3.70 on Wednesday on the New York Mercantile Exchange....
...(Reuters) DoE study backs US gas exports: The long-awaited study was commissioned for the Department of Energy as it considers applications to export almost a third of the country’s output....
...Every other project has since been delayed as the DoE considers this aspect....
...The deal represents a drop of 11.3 per cent drop from last year’s record annual contract price of $129.85 a tonne....
...The DoE, with input from its own Energy Information Administration and private sector consultants, is trying to assess what effect those projects might have on US natural gas prices....
...Cushing stocks are now at their lowest since November 2010 and, despite the availability of significantly more tankage, are now 3.3 mb lower y/y, having fallen for the last nine out of twelve weeks....
...Lower gas realisations and losses downstream suggest earnings of around $2.6 billion in the fourth quarter versus expectations previously closer to $3.3 billion,” one dealer said....
...Thus, should Chinese, Indian and Middle Eastern oil demand continue to grow at a robust pace, underlining steady global oil demand growth, a $100 oil is extremely likely in the next 2-3 year horizon, as...
...The US DoE reported that 66bn cubic feet of gas was injected last week against traders’ expectations of a 73bn cubic foot increase....
...Maybe it is not quite true that, as Ernie K-Doe, the New Orleans-born rhythm and blues singer, said, “all music came from New Orleans”, but jazz came to fruition here....
...Both reports are market-moving, although most oil traders regard the DoE version as more accurate....
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