Drax, Mitsubishi Plan Carbon-Capture Project at Former Coal Plant

The so-called negative-emissions project would combine carbon capture and biomass, though the two companies are hoping for stronger government support. 


 
Oil ends higher, with U.S. prices back above $70 a barrel

Oil futures end higher Thursday, with U.S. prices back above $70 a barrel as traders continue to digest the latest data on domestic petroleum supplies and demand. 


 
U.S. Lifts Some Iran Sanctions Amid Stalled Nuclear Talks

U.S. officials say the action, which comes amid stalled nuclear negotiations, signals Washington's commitment to easing a broader pressure campaign if Tehran changes its behavior. 


 
Keystone XL's Demise Shows Hard Road for New Pipelines

The defeat of Keystone XL has invigorated protesters, making it increasingly difficult to build pipelines in the U.S. and Canada. 


 
Natural Gas Settles Higher After Storage Rise

Natural gas prices finished up for a third straight session, climbing to the highest closing price since Feb. 17, as hot weather boosted pre-summer cooling demand and weekly storage data came in slightly bullish. 


 
Accelerating Oil Demand Will Shrink Global Glut, OPEC Says

The rebound in global oil demand is set to accelerate in the second half of 2021 as the world continues to burn through the supply glut it accrued last year, the Organization of the Petroleum Exporting Countries said. 


 
Europe's Carbon Border Tax Plan Looms Over Global Trade

Europe is preparing legislation that would jolt the rules of international trade by taxing imported goods based on the greenhouse gases emitted to make them, a plan that has unsettled big trading partners such as the U.S. 


 
The Green Hydrogen Puzzle Is Starting to Fall Into Place

Replacing fossil fuels with green hydrogen in the economy is a bit like doing a jigsaw puzzle: Once a few early pieces are connected, it will be much easier to fit the others. A plan from one of the world's top wind-turbine makers can help. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities 


 
First Solar to Build New Solar-Panel Factory in Ohio

The biggest American-owned solar-panel maker is making one of the largest bets on domestic solar manufacturing since China began dominating the industry a decade ago.

(END) Dow Jones Newswires

06-11-21 0015ET