Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.

Oil prices post 3% annual decline, slipping for second year in a row

Reuters | January 02, 2025 | Energy

Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other non-OPEC producers pumped more crude into a well-supplied global market.

Russian gas exports to Europe via Ukraine halted as transit deal expires

Reuters | January 02, 2025 | Energy

Russian natural gas exports via Soviet-era pipelines running through Ukraine to Europe were halted in the early hours of New Year's Day as a transit deal expired and warring Moscow and Kyiv have failed to reach an agreement to continue the flows.

Puerto Rico’s power grid collapses; could take two days to restore service

Reuters | January 02, 2025 | Energy

Puerto Ricans were without electricity on New Year's Eve after a grid failure left nearly all of the island without power, although energy was slowly being restored.

Pennsylvania governor complains to regulator about PJM’s power market rules

Reuters | December 31, 2024 | Energy

Puerto Rico’s power grid collapses, leaving island in the dark

Reuters | December 31, 2024 | Energy

Oil prices set for second annual loss in a row, stable day on day

Reuters | December 31, 2024 | Energy

Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day as data showing an expansion in Chinese manufacturing was balanced by Nigeria targeting higher output next year.

Today’s gasoline prices / EIA

AJOT | December 31, 2024 | Energy

Today’s diesel prices / EIA

AJOT | December 31, 2024 | Energy

Energy

Reuters | Top Story | December 30, 2024

Cheniere produces first LNG at Corpus Christi Stage 3 project

Cheniere Energy said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project.

US agency takes steps to protect Nevada mountains from energy development

Reuters | December 30, 2024 | Energy

Oil holds steady in thin holiday trade

Reuters | December 30, 2024 | Energy

Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world's two largest oil consumers.

Big Oil backtracks on renewables push as climate agenda falters

Reuters | December 27, 2024 | Energy

Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at times reversing - climate commitments in a shift that they are likely to stick with in 2025.

What is China’s Jinjiang, the BYD contractor under fire in Brazil?

Reuters | December 27, 2024 | Energy

China's Jinjiang Group is in the spotlight after Brazil's labour authorities said workers at a factory it is building for electric vehicle maker BYD were victims of human

China to build world’s largest hydropower dam in Tibet

Reuters | December 26, 2024 | Energy

Peru declares environmental emergency after oil spill

Reuters | December 26, 2024 | Energy | Ports & Terminals

Peru's government on Thursday declared an environmental emergency in a northern coastal area, where state oil firm Petroperu last weekend spilled a crude oil shipment into surrounding waters of the Pacific Ocean.

Energy

Reuters | Top Story | December 26, 2024

Energy

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