Rigzone Industry News

The DOE set aside $44 million to improve the reliability of clean power distribution.

National Grid has been allotted about $503,300 in the latest round of the Ofgem's Strategic Innovation Fund.

Crude oil stocks in the U.S., not including the SPR, stood at 445.0 million barrels on March 15, according to the EIA.

The U.S. has the available feedstock resources to triple its biomass energy production capacity to 1.1-1.5 billion metric tons yearly.

The move aims to attract more foreign companies to store natural gas in Ukraine.

Thirty-seven small- and medium-sized manufacturers are set to receive aid to implement improvements that will save energy and reduce carbon pollution at their facilities.

The DOE provisionally allotted $750 million for 52 projects across 24 states to advance electrolysis technologies and grow the domestic supply chain for clean hydrogen production.

Crude oil stocks in the U.S., not including the SPR, stood at 447.0 million barrels on March 8, according to the EIA.

Ukrainian drone attacks halted three oil refineries deep within Russian territory.

Los Angeles-based direct air capture (DAC) company CarbonCapture Inc., has completed its $80 million Series A financing.