Tuesday, July 1, 2025
New electric generating capacity in 2020 will come primarily from wind and solar - fig 3 -oilandgas360

New electric generating capacity in 2020 will come primarily from wind and solar

EIA EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost 32 GW, or 76%, of these additions. According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost

Tension between US and Iran far from over, says former diplomat -oilandgas360

Tension between US and Iran far from over, says former diplomat

livemint Arun K Singh, who was head of the Iran desk in the Indian foreign ministry as well as an ambassador to Israel, also said the 2015 Iran nuclear deal was as good as dead NEW DELHI : There may have have been a de-escalation in the confrontation between the US and Iran for the time being, but tensions will continue

Russia May Be Testing U.S. Gas Nerve with Europe Push: Citi

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

From Reuters An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said. The utilities are also looking to buy more LNG on the spot market, where prices LNG-AS are plumbing three-year lows and

China and US flags -oilandgas360

U.S. Sanctions China’s State-Run Oil Company for Buying from Iran

By Tyler Losier, Energy Reporter, Oil & Gas 360 Secretary of State Mike Pompeo announces sanctions for Zhuhai Zhenrong and its chief executive The United States government will be imposing sanctions on Zhuhai Zhenrong Company Limited, a state-run oil company in China, and its chief executive for purchasing crude oil from Iran. On Monday, Secretary of State Mike Pompeo announced

The Case for Cutting Renewable Subsidies to Save Nuclear - Oil & Gas 360

The Case for Cutting Renewable Subsidies to Save Nuclear

From the Washington Examiner A new report on nuclear energy could ignite debate on Capitol Hill over whether to allow renewable energy subsidies to sunset, or renew them as Democrats are seeking to do. The free-market Manhattan Institute’s latest report on nuclear energy says the best thing Congress can do to help nuclear energy is to eliminate both subsidies for wind and

EIA: Renewables Generated More Electricity Than Coal in April

By Tyler Losier, Energy Reporter, Oil & Gas 360 Renewables edge out coal for the first time in U.S. history This April, for the first time in U.S. history, monthly electricity generation from renewable sources exceeded that of coal-fired means, according to the EIA. More precisely, coal was responsible for about 20% of the nation’s electricity, whereas renewables such as

Electricity Giants Take Top Seats at Edison Electric Institute - Oil & Gas 360

Xcel Energy Says Goodbye to Coal

Company is expanding wind generation, using nuclear energy, adding a natural gas plant Xcel Energy announced plans today to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. Xcel plans to expand wind and solar, using natural gas and operate its carbon-free Monticello nuclear plant until at least 2040. If approved, the plan would

The Case for Cutting Renewable Subsidies to Save Nuclear - Oil & Gas 360

Milestone: World’s First AP1000 Nuclear Reactor Reaches Full Power

From Power Magazine The world’s first AP1000 nuclear reactor—Sanmen 1 in China’s Zhejiang province—commenced 100%  power operation for the first time on August 11, China National Nuclear Corp. (CNNC) said. Sanmen 1 was connected to the grid on June 30. Earlier this year, China also put online Unit 5 of the Yangjiang Nuclear Plant on May 23, and Taishan 1, an EPR, on June 29. According

Championing Coal and Nuclear Likely to Take Market Share from NatGas

Gas-powered generation companies unhappy about administration’s coal and nuclear power bailout plans From US News President Trump’s most recent move, an announcement last week that his administration will once again try to prop up ailing coal and nuclear plants, drew widespread condemnation from a diverse array of groups and experts across the political spectrum – including the CEO of the country’s

oil & gas 360

Germany’s Reluctant Coalition Govt. Agrees to Coal Phase Out

While Germany continues to phase out both nuclear and coal, natural gas will remain a baseload and backup fuel From Power Magazine Germany’s Social Democratic Party (SPD) members agreed to join their longtime rival and governing partner, the Christian Democratic Union (CDU), and reluctantly entered into a third grand coalition government on March 4. While this ended months of anxious

Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

New Jobs in Energy: Technology, Innovation and Big Data

The changing face of energy: new jobs in the broad energy sector Powering the industrial base, fueling all modes of transportation including the nation’s food distribution system, and setting the table for national economic growth—filling jobs in the energy industry is critical to the future economic success of the U.S. Energy-related job openings are changing. New jobs are growing fast, and