The monthly U.S. natural gas spot price on the U.S. benchmark Henry Hub has largely followed a downward price trend so far in 2023, however these lower wholesale gas prices are not directly being translated into lower commodity rates for residential customers, according to an Sep. 19 report from the U.S. Energy Information Administration. U.S…....
As Environmental, Social, and Governance (ESG) awareness sweeps boardrooms around the world, procurement managers are forced to examine the business practices and environmental stewardship of their…Read the full report …...
As Environmental, Social, and Governance (ESG) awareness sweeps boardrooms around the world, procurement managers are forced to examine the business practices and environmental stewardship of their supply chain.
China imported record volumes of crude oil during the first six months of 2023, according to an Sep.18 report from the U.S. Energy Information Administration. During the first half of 2023, China imported an average of 11.4 million barrels of crude oil per day, a 12 percent increase compared to the same period last year. …...
The Bureau of Ocean Energy Management on Sept. 11 announced the completion of its environmental review of the proposed Empire Wind Farm Project off New York. The proposal, a joint venture of Equinor ASA and bp plc, consists of Empire Wind 1 and Empire Wind 2, which together are expected to generate up to 2,076…...
Wildfires have significantly impacted the utility industry in recent years. Utilities in the U.S. West have come under intense scrutiny for failing to implement critical safety measures to prevent wildfires caused by power lines. The types of challenges that utilities face are changing…Read the full report …...
Wildfires have significantly impacted the utility industry in recent years. Utilities in the U.S. West have come under intense scrutiny for failing to implement critical safety measures to prevent wildfires caused by power lines. The types of challenges that utilities face are changing, calling for new methods of reliability, resilience, and response programs to address the risks of power lines igniting a wildfire.
U.S. Commercial structures in cold temperatures were over five times more energy intensive than hot climates for space heating, according to an Sept. 6 report from the U.S. Energy Information Administration. The agency determines space heating energy intensity projections for each building category by dividing total usage of key energy fuels, such as electricity, fuel…...
U.S. production capacity of renewable diesel and other biofuels reached 3 billion gallons per year in January 2023, exceeding the production capacity for U.S. biodiesel for the first time, according to the U.S. Energy Information Administration. The growth in production capacity of renewable diesel and other biofuels can be attributed to increasing targets for state…...
Federal and state regulators are actively pursuing efforts to promote the use of electric vehicles (EVs) and expand investment in charging infrastructure. Recently, the U.S. Department of Energy (DOE) took a major step…Read the full report …...