Energy

A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market.

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations...

California achieves a historic feat, powering the grid with 100% renewable energy for 30 consecutive days, signaling progress towards ambitious clean energy goals...

This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources...

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The lower oil price for about 19 months is benefiting the consumers, but creating a lot of problems for the global governments and business firms. Many banks and the US government forecast oil price a

The latest forecast indicates 50 percent rebound in oil prices by the end of 2016. The oil price could be higher by $15 per barrel this year taking the New York crude to $46 a barrel by fourth quarter

Stocks dipped to session lows on Tuesday. Shares of oil companies plunged as crude oil continued to slide. Three of major indexes also fell.

China's benchmark Purchasing Managers' Index (PMI) fell to lowest in the three-and-a-half years. PMI was at 49.4 for January as against average forecast of 49.6. The PMI was 49.7 in December 2015. The

Russian's Gazprom planned to meet investors in New York and London this week. The company plan to increase its gas supplies to European countries.

Nigeria requires $3.5 billion funds to fill its $15 billion budget deficit. The falling oil prices are eroding revenues for the government. The largest economy in Africa is seeking $2.5 billion loan f

Saudi Arabia has suffered from the oil price collapse, and needs to plan a diversified economic strategy. The country has called $30 per barrel oil price is not rational, and aiming to encourage forei

Oil prices rebounded on news that there may be production cut by OPEC. US Brent futures recouped losses by 6.8 percent and US crude pared 9.3 percent losses during the week. In overall, oil prices reb

Russia says there's proposal from OPEC on production cuts and it's open to have a word on oil production cuts. Russia is a non-OPEC oil producing nation. Russian oil minister said that the proposal en

California becomes the pioneer state with new LED standards in place. The new regulation replaces the old traditional directional bulbs with the more expensive but energy-efficient LED ones. While mor

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Energy

US Solar Firms Urge Biden Admin to Apply Tariffs on Southeast Asian Imports

SunPower Announces Mass Layoff as it Ceases Residential Installations

California Sets Renewable Energy Record: Solar Power Surges, Exceeds 100% Grid Demand for 30 Days Straight

Biden Administration Permits Over 25GW of Clean Energy on Public Lands, Surpassing 2025 Renewable Energy Goal

Russia Destroys Ukraine's Largest Power Plant After Launching Widespread Attacks on Energy Grid

Oklahoma Claims Natural Gas Firms Cut Supplies to Raise Prices During Winter Storm Uri: Lawsuit

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