ERCOT asks Texans to reduce electric use Sunday after thermal generation breakdown
Following the unexpected loss of thermal generation and due to...
Following the unexpected loss of thermal generation and due to extreme temperatures, ERCOT is asking Texans to reduce electricity use when it is safe to do so, according to a news release.
The agency, which manages Texas’ electric grid, is asking people to voluntarily conserve energy from 7 p.m. to 10 p.m. Sunday, according to the news release. ERCOT forecasts high demand and low reserves. ERCOT is also asking for all government agencies, including city and county buildings, to begin programs to reduce energy use at their facilities.
Anticipated winter demand and the threat of supply disruptions from potential strikes in Australia are...
Anticipated winter demand and the threat of supply disruptions from potential strikes in Australia are pushing up rental costs for liquefied natural gas tankers, with spot rates in the Pacific region crossing $100,000 per day for the first time since January, Spark Commodities data show. "There isn't a lot of new LNG coming to the market near-term, which means the market will stay tight," said Flex LNG CEO Oystein Kalleklev.
Nabors has completed a project to electrify Hess' four-unit drilling fleet in the...
Nabors has completed a project to electrify Hess' four-unit drilling fleet in the Bakken Shale that involved establishing a direct connection to the utility grid.
The conversion is projected to halve greenhouse gas emissions, cut energy costs by 70% and reduce downtime, noise and truck traffic at Hess' Bakken operations in the coming five years.
Saudi Arabia sets its sights on Britain’s military jewel
Oil pumps have long dotted Saudi Arabia’s desert landscape,...
Oil pumps have long dotted Saudi Arabia’s desert landscape, but they could soon be joined by a raft of factories.
Crown Prince Mohammed bin Salman wants to turn the country into the Gulf’s manufacturing powerhouse as it moves away from oil and gas.
The heir to Saudi Arabia’s $2 trillion throne wants to increase industrial exports to $148bn (£116bn) by 2030, tripling factory numbers to 36,000 by 2035 which will churn out everything from warships to cars.
Now, he has his sights set on another lucrative, albeit expensive and notoriously complex market– fighter jets.
Iran's foreign minister visits Saudi Arabia's powerful crown prince as tensions between rivals ease
DUBAI, United Arab Emirates (AP) — Iran's foreign minister met Friday with Saudi Arabia's Crown Prince...
DUBAI, United Arab Emirates (AP) — Iran's foreign minister met Friday with Saudi Arabia's Crown Prince Mohammed bin Salman as part of his visit to the kingdom, a sign of how the two countries are trying to ease tensions after years of turmoil.
Since reaching a Chinese-mediated détente in March, Iran and Saudi Arabia have moved toward reopening diplomatic missions in each other's countries.Saudi King Salman has even invited Iranian President Ebrahim Raisi, a hard-line protégé of Khamenei, to visit the kingdom as well.
