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June 24, 2021

Texas power grid faces summer having changed little from February freeze- oil and gas 360

Texas power grid faces summer having changed little from February freeze

June 24, 2021

Reuters Texas’s grid operator frightened residents last week when it said it had very little reserves to cover demand spiking as temperatures soared. This summer could produce more scary times. In February, the Texas grid, run by the Electric Reliability Council of Texas (ERCOT), nearly collapsed from several days of frigid weather, exposing its vulnerabilities as weather grows more extreme

Reuters Events: Power CEOs defend role for natgas in shift to climate-friendly grid-oil and gas 360

Reuters Events: Power CEOs defend role for natgas in shift to climate-friendly grid

June 24, 2021

Reuters WASHINGTON/MADRID/BOSTON – Power company executives argued during a global energy conference this week that natural gas will have a long-lasting role in the transition to a climate-friendly global economy, even as environmental groups, progressive politicians, and intergovernmental organizations contend fossil fuels of all types must be phased out fast to stop global warming. The heads of U.S. utilities Duke

Saudi's April oil exports more than double yr/yr to $13.8 billion- oil and gas 360

Saudi’s April oil exports more than double yr/yr to $13.8 billion

June 24, 2021

Reuters DUBAI – The value of Saudi Arabia’s oil exports in April climbed 109% to 51.7 billion riyals ($13.79 billion) from a year earlier while non-oil exports rose by 46.3%, official data showed on Thursday. Oil exports made up 72.5% of total exports, up from 64.8% in April 2020 and 70% in March. Non-oil exports rose to 19.6 billion riyals

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