This post was originally published on this siteSteel Reef’s Story Steel Reef manages midstream oil and gas infrastructure in Saskatchewan and US. Among their responsibilities is to ensure hydrocarbons are safely captured, processed and transported in pipelines and facilities. In order to accomplish this efficiently with good ESG ratings, Steel Reef has adopted a unique […]

This post was originally published on this siteDec 17 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row as demand for energy keeps growing after last year’s coronavirus demand destruction. The oil and gas rig count, an early indicator of future output, rose three

This post was originally published on this siteDec 17, 2021 (Bloomberg) Four offshore wind power projects in two East Coast states won the backing of government officials Friday, as the region increasingly eyes offshore turbines as a source of clean energy.Maryland regulators approved credits to two developers, Orsted AS and US Wind, each proposing to install

This post was originally published on this siteDec 18, 2021 (Bloomberg) Prices for lithium, the building block of electric-vehicle batteries, shot to a record this year, amplifying concerns there won’t be enough of the metal to fuel the switch away from combustion engines. In that climate, now should be a prime time to build a mine.Rio

This post was originally published on this siteDec 17, 2021 (Bloomberg) Metals vital for making rechargeable batteries in electric cars are set to extend their stunning rally into 2022, potentially increasing costs for automakers and blunting a key weapon in the race to slow climate change. Battery metals are in the throes of an unprecedented boom

This post was originally published on this siteDec 17, 2021 (Bloomberg) Oil posted a weekly decline after a volatile few days that saw traders grow more concerned about the demand impact from the omicron variant and tighter monetary policy. Futures in New York fell as much as 3.4% on Friday to briefly trade below $70 a

This post was originally published on this siteReuters WASHINGTON — The U.S. Department of Energy on Friday said it will sell 18 million barrels of oil from the Strategic Petroleum Reserve, with offers from companies to purchase it due on Jan. 4, as part of a previously announced release aimed to cool fuel prices. The

This post was originally published on this site(Bloomberg) The world likely will generate more electricity from the dirtiest source this year than ever before, indicating just how far the energy transition still needs to run in the fight against climate change. Coal-fueled generation is set to jump 9% from last year, according to an International Energy

This post was originally published on this site(Bloomberg) Oil at $100 a barrel cannot be ruled out in 2023 as supply additions are expected to be too slow to keep up with record demand, according to Goldman Sachs Group Inc. While the bank’s base forecast is for Brent to stay around $85 next year and

This post was originally published on this siteDec 17, 2021 (Bloomberg) Oil fell for the first time in three days as traders grew more concerned about the demand impact from the omicron variant and tighter monetary policy.Futures in New York slid 1.6% to trade near $71 a barrel after rising 2.3% over the past two sessions.