Nasdaq PARIS – Droughts limiting hydro-electric generation globally prevented a fall in the energy sector’s overall carbon emissions in the first half of 2023 despite the growth of wind and solar power, climate think tank Ember said in a report on Thursday. Total power sector emissions rose by 0.2% in the first half of the year despite wind and solar’s
Oil Price Russian revenues from oil fell in February as exports declined after the EU embargo on oil product imports from Russia by sea, the International Energy Agency (IEA) said on Wednesday. Last month, Russia’s total oil exports dropped by 500,000 barrels per day (bpd) to 7.5 million bpd as the EU embargo on refined oil products came into
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
TheAdvocate The Morrison government says a new fund will encourage investment in power generation, storage and transmission and push down prices. Energy Minister Angus Taylor on Thursday introduced draft laws allowing the next step for his underwriting new generation investments program to occur through a $1 billion fund. Under its existing rules the Clean Energy Finance Corporation can only invest
RarePetro Oil & Gas 360 Publishers Note: We are seeing a world wide commitment to renewable energy in most governments Covid recovery stimulus infrastructure projects. This is an interesting article from Kevin at RatePetro going through the accrual costs, but is anyone listing? In Kevin’s conclusion :”Now, the oil and gas industry is one of the most highly environmentally regulated
