PJM Interconnection reported on Tuesday that its recent auction to secure power for the year starting…
Tag: Energy
China Launches World’s First Floating Wind Turbine for Oil
China National Offshore Oil Corporation (CNOOC) has launched the world's first 16-megawatt tension-leg platform (TLP) floating…
Gas Prices Expected to Hit $4 Amid Oil Price Surge
Economist Mohamed El-Erian has predicted that the national average price of gasoline in the United States…
Trump Administration Proposes New Coal Plants Amid Doubts
The Trump administration announced plans to build two new coal-fired power plants in the U.S., with…
Oil Prices Surge 4% Amid US-Iran Airstrike Escalation
Oil prices climbed sharply on Monday following a series of airstrikes between the United States and…
Strait of Hormuz Shipping Halts Amid US-Iran Renewed
Shipping traffic in the Strait of Hormuz has significantly declined due to renewed hostilities between the…
Oil Prices Climb After US Strikes and Iran Sanctions Return
Oil prices rose sharply on Wednesday following new U.S. military strikes in Iran and the reinstatement…
Cambodia, Thailand Clash Over $300 Billion Oil and Gas
In a significant escalation of a long-standing maritime dispute, Cambodia has taken its territorial claims against…
Shell to Sell South African Fuel Business for $1 Billion
Shell has agreed to sell its fuel supply business in South Africa to the UAE's state…
US Heatwave Strains Power Grid Amid AI Data Centre Growth
A significant heatwave affecting the United States is straining the power grid and water supplies, raising…