Monday, December 23, 2024

Energy Bill News

Atlantic Offshore Wind: Favorable Winds for Maritime

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Now that the United States finally can envision steady winds blowing from the Atlantic Seaboard due to a pipeline of offshore wind farms on the horizon, the maritime industry can finally step up and earn some of the benefits.

VA Offshore Wind: A Strong Foundation

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Virginia officials have established a well-planned, extensive strategy to build out an offshore wind industry, including wind towers for electricity generation and the supply chain to support that extensive infrastructure and operations.

Iran Says U.S.-Caused Oil Spike Will Slow Growth, Add to Tariff Impact

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A rise in oil prices caused by the United States' sanctions policies will hurt economic growth in China, Europe and other consumers, much like President Donald Trump's trade measures, a top Iranian…

Trump's State Department Energy nominee Approved by Senate Panel

President Donald Trump's nominee for the top U.S. State Department job dealing with matters related to energy and the global oil industry was approved by a Senate committee on Wednesday, as the…

Europe's Offshore Wind Industry Prepares for Atlantic Crossing

Leases up for grabs off U.S. Atlantic coast; Europe leads industry but state support cooling. Yield-hungry investors in the offshore wind market are switching their sights to the United States…

Plan Introduced to Drive US Offshore Wind Energy

Photo: U.S. Dept. of Energy

A new collaborative strategic plan has been published today which aims to continue accelerating the development of offshore wind energy in the United States. Announced by U.S. Secretary of Energy Ernest Moniz and U.S.

U.S. Advances Oil Reserve Revamp Plan, Potential Crude Sale

The Obama administration has sent Congress a plan to modernize the country's emergency oil reserve, a step that could set in motion a sale of about 8 million barrels from the stash later this year to help pay for the revamp…

French Wind Power Capacity Grew in H1 but Lags Target

France added 568 megawatts (MW) of wind power in the first half of the year, lagging its objective to add 1.5 gigawatts (GW) annually from 2016, an industry group said on Tuesday. The increase was…

US Senate Passes Bill to Bolster Power Grid, Speed LNG Exports

The U.S. Senate passed the first energy bill in nine years on Wednesday, legislation that contains modest measures popular with both Republicans and Democrats to modernize the power grid and speed…

Statoil Debuts Batwind

A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind…

U.S. Energy Bill Caught Up in Fight Over Michigan Water Crisis

A political fight over the federal government's role in Michigan's water contamination crisis spilled onto the U.S. Senate floor on Wednesday as Democrats threatened to block a bipartisan energy…

U.S. Senate Starts Debate on Broad Energy Bill

The U.S. Senate on Wednesday began debate on the country's first major energy bill in over eight years, featuring measures aimed at protecting the electric power grid against cyber attacks and speeding the export of liquefied natural gas.

Britain's Wholesale Gas Will Remain Cheap

UK gas prices to fall further into summer; Gas to oust coal as leading power plant fuel. British utilities are set to benefit from low wholesale gas prices this summer and beyond even if power…

US Senate Democrats Unveil Climate-focused Energy Bill

Senate Democrats on Tuesday unveiled energy legislation focused on cleaner energy production, manufacturing and vehicles that they say would slash U.S. greenhouse gas emissions by at least 34 percent by 2025…

US Senate Energy Panel Votes to Lift Oil Export Ban

The U.S. Senate Energy Committee on Thursday passed a bill that would lift a decades-old ban on the export of crude oil. The 22-member panel passed the bill to allow the United States to export…

French Lawmakers Fail to Reach Deal on Energy Bill

France's two houses of parliament failed to reach a compromise on a flagship energy bill on Tuesday, delaying the final adoption of a text the government wants to use to cap nuclear production.

French Senate Waters Down Energy Bill

The French government's energy bill was approved by the opposition-controlled upper house of parliament on Tuesday in a watered-down version that ditches key nuclear reduction targets and is likely…

Turkey Hikes Diesel Price on Weak Lira

Turkey has raised the price of diesel after a weaker lira pushed up the cost of its crude oil imports, an industry source told Reuters on Monday, a move which could put further pressure on stubbornly high inflation.

Helllenic Petroleum Bid for Greek O&G Exploration Licences

Greece's biggest refiner, Hellenic Petroleum, has bid for oil exploration licences in two onshore blocks in the west of Greece, it said on Friday. Greece last year invited oil firms to express…

Morocco Revives $4.6 bln LNG Import Plan

Morocco has launched a national plan to boost imports of liquefied natural gas (LNG), including the construction of a terminal at the industrial hub of Jorf Lasfar, worth up to $4.6 billion, its energy minister said on Tuesday.