The United States and many other countries have been imposing economic sanctions on Russia since the superpower annexed the Crimea in 2014. These sanctions prohibit companies which do business in the United States or other participating countries from doing business in Russia. The energy giant Exxon Mobil Corp. sought a waiver from this prohibition which… Keep reading →
Politics
US Treasury Department Tells Exxon: The Answer is Still No
By Michael McDonaldSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Keeping Oil Down: Weak Demand for Gas Combines with Libyan Pipelines
By Michael McDonaldOil prices fell again this week as lower than expected demand for gasoline combined with two major oil fields in Libya resuming production to further depress crude prices. The combination of lower than expected demand and increased production stoked concerns that despite the efforts of major oil producers the global inventory surplus would remain unaffected.… Keep reading →
What Leaving the EU Might Mean for the UK Tech Industry
By Will Hope - Guest ArticleThe UK Government has triggered Article 50 and therefore has formally began its process of leaving the EU. Across the country there are mixed responses regarding the fallout of this political landmark event. What is certain is that there will be other effects of some form for the UK tech industry, whether or not these… Keep reading →
India’s Smart Grid: Who, What, and When?
By Michael Kelly - Research Analyst at Navigant ResearchAcross the smart grid vendor landscape, one country in particular seems to be at the top of everyone’s minds: India. Mirroring much of the developed world, India is in the middle of fundamentally transforming its electric power system to adopt a smart grid framework. Plagued by inefficiencies across the network and faced with new and… Keep reading →
Texas as a Model for Clean Energy
By Michael VinciA recent op-ed published on CNBC provides an interesting commentary on the future of American clean energy. According to the authors, Americans, independent of political affiliation, support and value the environment and clean energy. Polling data provides evidence that both conservative and liberal respondents alike eagerly support government funded renewable technology, energy efficiency, and natural… Keep reading →
Australian Coal Producer Plans Expansion
By Michael McDonaldA major Australian coal producer is planning on significantly ramping up production levels of it’s coking-coal operations in eastern Australia. BHP Billiton Ltd. is gearing up for a major US $204 million expansion which is intended to increase production of coke, a vital ingredient in steel-making. The planned expansion should reduce overall operating costs while… Keep reading →
ESA Looks to Congress for Energy Storage Support
By Danielle IzzoSince President Trump’s election to office, his administration has made it very clear that building and restoring infrastructure is at the top of their “to-do” list. The Energy Storage Association and their supporters are looking to turn Trump’s priority into an opportunity for their agenda. To create this opportunity, the ESA, and other supporting organizations,… Keep reading →
New Subsidies in California for Energy Storage
By Michael VinciCalifornia is no stranger to subsidizing renewable energy – and now, there is a newer and bigger subsidy that has just been approved, this time attempting to invigorate the energy storage market. California’s Self-Generation Incentive Program (SGIP) has been a major success in the past years. The subsidy that was geared towards incentivizing the growth… Keep reading →
Bipartisan Support Grows for Carbon Capture
By Fatima Maria Ahmad - Solutions Fellow, Center for Climate and Energy Solutions (C2ES)Bipartisan support is growing on Capitol Hill and beyond to accelerate carbon capture deployment on power plants and industrial sources like steel and cement plants. The first week of April saw bipartisan bills in both the Senate and House to help unleash private capital to scale up more carbon capture projects to promote energy… Keep reading →
Is Oil About to Stabilize?
By Michael VinciThe International Energy Agency (IEA) has released a statement that they believe the oil market is soon approaching equilibrium, mostly due to the success of the OPEC production deal. The agency’s data shows that demand is growing at a constant and regular pace in the oil market. “The numbers are there to support it,” according… Keep reading →
