The U.S. supermajors are doubling down on oil production from the two most prolific growth basins, the Permian shale patch and a top-performing block offshore Guyana.
While the energy transition discourse is dominated by macro-economic transition questions such as phasing down of coal and ramping up of renewable energy generation, it is equally important to understand and analyse the transition implications and impacts at the household level. In this piece, the energy transition question is studied by analysing the changing expenditure pattern and structure on both energy and non-energy related commodities and services at the household level, based on the recently published household consumption expenditure survey HCES 2022-23
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The Energy Workforce & Technology Council released a statement strongly condemning the administration’s move to block oil and gas drilling across over 13 million acres of the National Petroleum Reserve, a vital component of the U.S.’ energy security.
Commercial Coal Block: Out of 147.2 MT, power sector captive mines produced around 121.3 MT, non-power sector mines produced 8.4 MT and the production from commercial mines was 17.5 MT, Joshi said in a post on X.