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This post was originally published on this siteJan 12 (Reuters) – A trade group seeking to promote geothermal energy in Texas will launch on Thursday with backing from large oil and utility firms seeking to transform their businesses. The Texas Geothermal Energy Alliance (TxGEA) was organized as many fossil fuel giants and startup companies look […]

This post was originally published on this site(Bloomberg)Oil climbed to its highest level since November as two major agencies indicated that markets may be tighter than previously forecast. West Texas Intermediate traded above $82. On Wednesday, the International Energy Agency’s Fatih Birol said the relatively small hit to demand from omicron means consumption has been

This post was originally published on this siteJan 11, 2022 (Bloomberg) U.S. annual oil production is set to rise to a record next year as shale producers continue to boost output. Oil supply will average 12.41 million barrels a day in 2023, according to the Energy Information Administration. That would surpass the current annual high of

This post was originally published on this siteJan 11, 2022 (Bloomberg) The Biden administration is preparing to sell offshore wind rights near New Jersey and New York, a down-payment on its bid to decarbonize the U.S. power grid and generate renewable electricity from nearly all U.S. coasts. Under the auction, which could be announced as soon as Wednesday,

This post was originally published on this site(Bloomberg) Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock Inc.’s Evy Hambro. Raw materials, and shares of some companies that produce them, hit record highs last year as massive global stimulus measures underpinned

This post was originally published on this site(Bloomberg) The head of the International Energy Agency blamed Russia for an energy crunch that’s hurting economies across Europe.Russia could boost gas deliveries to the continent by at least a third from current levels, but it’s keeping spot sales capped despite high prices, IEA Executive Director Fatih Birol

This post was originally published on this siteJan 12, 2022 (Bloomberg) U.S. consumer prices soared last year by the most in nearly four decades, illustrating red-hot inflation that sets the stage for the start of Federal Reserve interest-rate hikes as soon as March. The consumer price index climbed 7% in 2021, the largest 12-month gain since

This post was originally published on this siteINDIANAPOLIS, Jan. 11, 2022 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA, “IEA” or the “Company”) a leading infrastructure company with renewable energy and specialty civil expertise, today announced that White Construction, a wholly-owned subsidiary of IEA, has secured a $75 million award with Invenergy, a

This post was originally published on this siteINDIANAPOLIS, Jan. 11, 2022 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA, “IEA” or the “Company”) a leading infrastructure company with renewable energy and specialty civil expertise, today announced that White Construction, a wholly-owned subsidiary of IEA, has secured a $75 million award with Invenergy, a

This post was originally published on this siteKaty, TX, Jan. 12, 2022 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE), a leading PROPRIETARY REFORMULATED NO ETHANOL FUELS AND BIOFUEL provider, reports that for the fiscal year 2021, it has exceeded 2020 Gross Revenues. In addition, the company continues to seek to expand its PROPRIETARY NO ETHANOL