The Bureau of Ocean Energy Management has identified three potential wind energy areas off the coast of Oregon that would span almost 1.4 million acres and have the potential to host around 17 gigawatts of wind capacity. The agency is now focusing on the areas with the highest potential for commercial offshore wind energy viability…...
Oil and natural gas will remain the dominant sources of energy in the U.S. through 2050, according to the Energy Information Administration’s 2022 annual energy outlook released on March 3. U.S. petroleum consumption is expected to grow by 0.5 percent per year to 22.3 million barrels per day by 2050 and domestic gas consumption by…...
Delaware Governor John Carney on Mar. 3 announced that the state will join 13 additional states in embracing California’s Zero Emission Vehicle (ZEV) regulations. Transportation has been a key driver of greenhouse gas emissions in Delaware, and increasing the number of zero emission vehicles, along with the development of the state’s electric vehicle charging network…...
Russia’s invasion of Ukraine has been met with heavy economic sanctions from the U.S. and most European countries, while companies across the oil and gas value chain have announced plans to abandon investments in Russia. The Railroad Commission of Texas has also shown its support to encourage oil and gas companies to discontinue business associations…...
The U.S. and the 30 other member countries of the International Energy Agency have agreed to release 60 million barrels of oil from strategic reserves on Mar. 1 to ensure continuity of crude supplies amid Russia’s invasion of Ukraine. This is only the fourth time the IEA has undertaken a coordinated drawdown since it was…...