Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.

California utility faces billions in claims for fire damage even if it did nothing wrong

Reuters | January 15, 2025 | Energy

Victims of the Los Angeles wildfires, likely the costliest in U.S. history, are seizing upon a unique California legal doctrine that allows them to collect from their power utility if its equipment caused the blaze -- even if the company did nothing wrong.

Colonial Pipeline’s main U.S. gasoline artery likely shut until Friday

Reuters | January 15, 2025 | Energy

Colonial Pipeline's main U.S. gasoline artery is expected to be shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia, the company said in a statement on Wednesday.

Oil rises on large draw from US crude stocks, Russia sanctions impact; Gaza ceasefire deal capped gains

Reuters | January 15, 2025 | Energy

Rising data demand puts pressure on US energy grid, boosts gas projects / Rystad Energy

AJOT | January 15, 2025 | Energy

The US power sector is undergoing a significant transformation this year, with electricity consumption projected to exceed 4,200 terawatt-hours (TWh) for the first time.

EIA extends five key energy forecasts through December 2026

AJOT | January 15, 2025 | Energy

In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help shape markets over the next two years.

Seized tanker carrying Russian oil still in German waters, Berlin says

Reuters | January 15, 2025 | Energy | Maritime | Bulk

Oil tanker sabotage crew were poised to cut more cables when caught, Finland says

Reuters | January 15, 2025 | Energy | Maritime | Bulk

Energy

Reuters | Top Story | January 15, 2025

Trump’s energy department pick to call for more LNG and nuclear power

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.

IEA says new US sanctions could significantly disrupt Russian supply

Reuters | January 15, 2025 | Energy

The latest round of U.S. sanctions against Russian oil could significantly disrupt the country's oil supply chains, the International Energy Agency said in a monthly report on Wednesday, potentially tightening the global market.

Biden to issue executive order to ensure power for AI data centers

Reuters | January 14, 2025 | Energy

President Joe Biden will issue an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.

EIA raises US oil production forecast for 2025, lowers 2024 estimate

Reuters | January 14, 2025 | Energy

EIA expects oil prices to be under pressure from oversupply in 2025, 2026

Reuters | January 14, 2025 | Energy

New interagency study finds expansion of renewable energy production on federal lands could power millions more American homes

AJOT | January 14, 2025 | Energy | Alternative

The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), in coordination with the U.S. Departments of the Interior, Agriculture, and Defense, today released a study showing that there is significant potential for further expanding renewable energy production on federal lands.

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