Installers of solar in San FranciscoPhoto: Justin Sullivan (Getty Images) On Friday and Saturday, hundreds of thousands of Californians had cut their power for a sprint that evening. And more of this could be in store in the coming days than record-breaking heat slaughter on the state en wildfires burned …
Read More »Oil industry fears over recruitment of its next generation of workers
Two years out of college, Leah Sanders made as much as $ 19,000 a month using oil wells in Kuwait. After being fired in May by oilfield giant Schlumberger Ltd., she returned with her parents to Tennessee, earning $ 15 an hour to help with her father’s construction business. She …
Read More »Natural gas prices are soaring as heat waves hit large parts of the US
By Julianne Geiger – 14 Aug 2020, 17:00 CDT Prices for natural gas rose by almost 9% on Friday, even though the weekly storage report did not show much movement. Natural gas prices hit $ 2,367 at 2:26 pm EDT, an increase of 8.48% or $ 0.185, even though the …
Read More »BP’s green energy goals will be difficult to meet
LONDON (Reuters) – BP (BP.L) will have to invest tens of billions of dollars over the next decades and may have to accept lower returns than it can get from oil if it is to meet its goal of becoming one of the largest innovative power generators in the world. …
Read More »US refineries to record worst second-quarter results in a decade
(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
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