(BOE Report)– Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices. This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump’s trade wars, the intensified targeting of
(BOE Report)– In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year. But then came from artificial
(Oil Price)– Iraq on Tuesday announced a complete suspension of natural gas imports from Iran, a move the electricity ministry said immediately knocked between 4,000 and 4,500 megawatts off the national power grid. On its face, the decision sounds dramatic. In practical terms, it is but the final step in a process that was already well underway. Iraqi officials have
(BOE Report)– In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year. But then came from artificial
(Oil Price) – For farmers in the United States, concerns about too much clean energy production are quickly transforming into concerns about too little energy to go around. For years, rural America has been pushing back against the spread of utility-scale solar and wind farms competing for agricultural land. Now, they have a new sector to worry about as massive data center developments
(BOE Report) – EDMONTON – Capital Power Corp. has announced agreements to pursue U.S. natural gas power acquisitions and to supply electricity to a data centre developer in Alberta. The Edmonton-based power generator says it has reached a memorandum of understanding with Apollo Funds to form a US$3-billion investment partnership to buy merchant natural gas assets across the United States. Separately,
(Oil Price)– Energy prices for consumers across the UK rose again this month. Ofgem, the energy regulator, set the maximum annual rate for an average household for gas and electricity at £1,755 until the end of the year. The cap is now over £600 higher than when it was first introduced in 2019. Under the cap, the average price of
(BOE Report)– Electricity imports from Canada into New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE) have dropped due to drought conditions in Canada and lower U.S. Northeast electricity demand, the U.S. Energy Information Administration (EIA) said in a report on Friday. The EIA noted that from January to August 2025, imports into New England’s ISO-NE
(Oil & Gas 360) – Electricity Data For The Month Of March Highlights Why Many Are Likely To Soon Be Caught Very Natural Gas Short More energy needed to power the much needing to be done had 3.2% more electricity generated in March than last year. Grid connected electricity generation plus small-scale solar averaged 11.030-billion-kilowatt hours per day (Bkwh/d) in
EIA Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity generation exceeds electricity consumption in 25 states, and excess electricity is transmitted across state lines—almost 10% of U.S. electricity generation is traded among states. In 2019, California’s net electricity imports were the largest in the country at 70.8 million
EIA With more than 1.3 billion people, India is the second-most populous country in the world and has the third-highest energy consumption level after China and the United States. To help meet the country’s energy needs, India is expanding its electric transmission infrastructure to improve electricity movement between regions of the country. In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration
EIA After rising by 3% in 2018, energy-related carbon dioxide (CO2) emissions fell 3% in the United States in 2019. According to the U.S. Energy Information Administration’s (EIA) U.S. Energy-Related Carbon Dioxide Emissions, 2019 analysis, total energy-related CO2 emissions in 2019 were about 150 million metric tons (MMmt) lower than their 2018 level. EIA attributes nearly all (96%) of this decline to
