This post was originally published on this siteSummary Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal Surging gas prices add to already rising inflation FRANKFURT/MILAN, June 20 (Reuters) – Europe’s biggest Russian gas buyers were racing to find alternative fuel supplies and even looking at

This post was originally published on this siteEnergy Secretary Jennifer Granholm warned US drivers against expecting quick relief on gasoline prices amid tight oil supplies worldwide.While the US Energy Information Administration projected in its June short-term outlook that US prices at the pump will average about $4.27 per gallon in the third quarter, the forecast

This post was originally published on this sitePRESENTATION: NuTech Innovations Presentation ARTICLE: This Simple Tool Can Save You Hundreds of Thousands of Dollars in Removing Pipeline Risers and Facility Piles … What is Energy Innovation Month? Energy Innovation Month is a month-long promotional campaign that will feature some of the latest and greatest innovation, technology,

This post was originally published on this siteJun 20, 2022 (Bloomberg) Oil dipped — after plunging on Friday — as traders weighed whether aggressive US monetary policy tightening will lead to a recession that would stymie consumption.Brent traded near $112 a barrel after shedding more than 5% Friday as escalating concerns about the pace at which

This post was originally published on this siteBy Irina Slav More from Irina Slav The secretary-general of the United Nations, Antonio Guterres, said this week that investment in new oil, gas, and coal was “delusional”. The word flashed in headlines across the media board because it is an excellent clickbaity word. But that’s not all that Guterres

This post was originally published on this siteJun 19, 2022 (Bloomberg) After years of dabbling, major oil companies are finally planning the kind of large-scale investments that would make green hydrogen a serious business.They’re chasing a very particular vision of a low-carbon future — multibillion dollar developments that generate vast concentrations of renewable electricity and convert it into chemicals or clean fuels that can be

This post was originally published on this siteConocoPhillips said volatility in global gas markets may last years, as it joined other Western energy firms by investing in a $29 billion project to boost Qatar’s exports of the fuel. The Houston-based company will buy a 3.1% holding in the North Field East project. Chief Executive Officer