European Gas Extends Rally on Risks From Australia to Norway
(Bloomberg) -- European natural gas prices rose for a third straight session as strikes continue at key...
(Bloomberg) -- European natural gas prices rose for a third straight session as strikes continue at key export sites in Australia and Norway struggles to exit lengthy maintenance measures.
Benchmark futures gained as much as 9.8% on Monday after workers began partial strikes late last week, threatening operations that supplied about 7% of the world’s liquefied natural gas in 2022. Chevron Corp., which operates the affected facilities, has applied to a labor regulator to help resolve its dispute with unions.
US adds 6.4 GW of small-scale solar capacity in 2022, EIA says
(Reuters) - The U.S. is estimated to have added 6.4 gigawatts...
(Reuters) - The U.S. is estimated to have added 6.4 gigawatts (GW) of small-scale solar capacity in 2022, the most ever in a single year, the U.S. Energy Information Administration (EIA) said on Monday.
The capacity of small-scale solar increased from 7.3 GW in 2014, to 39.5 GW by 2022, the statistical arm of the U.S. Department of Energy said.
Small-scale solar - also called distributed solar or rooftop solar, refers to solar-power systems with 1 megawatt (MW) of capacity or less, and accounted for about one-third of the nation's total solar capacity.
Oil prices ease from 10-month highs but hold above $90 a barrel
LONDON (Reuters) -Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had...
LONDON (Reuters) -Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to 10-month highs last week.
Saudi Arabia and Russia last week announced that they will extend voluntary supply cuts of a combined 1.3 million barrels per day (bpd) until the end of the year.
Brent crude fell by 23 cents, or 0.25%, to $90.42 a barrel by 1051 GMT on Monday while U.S. West Texas Intermediate crude lost 46 cents, or 0.53%, to $87.05.
Remains of two 9/11 victims of World Trade Center attack identified ahead of today's...
Remains of two 9/11 victims of World Trade Center attack identified ahead of today's anniversary; brings number of victims identified to 1,649 with over 1,000 still missing(More) | Perelman Performing Arts Center set to open at ground zero in lower Manhattan (More)
Hurricane Lee continued to churn in the Atlantic Ocean over the weekend, sitting as a Category 2 storm as of this writing, located a few hundred miles north of Puerto Rico. The storm reached Category 5 status late last week, losing intensity as it encountered significant wind shear, which disrupted the system's circulation.
Lee is currently headed toward the US Southeast; models predict it will strengthen back into a Category 4 hurricane but also turn northward well short of the mainland sometime around Wednesday. Meteorologists say whether the storm will make landfall along the upper US east coast depends upon a range of factors, including whether an incoming high-pressure ridge will nudge the system in a particular direction.
