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News Highlights : Top Energy News of the Day

07/12/2021 | 04:16pm EDT
Oil prices mark first loss in 3 sessions as worries about spread of COVID variant intensify 

Oil futures on Monday mark their first loss in three sessions, with prices succumbing to growing concerns about the spread of the delta variant of the coronavirus that could hobble appetite for crude in parts of the world.

Musk Jabs at Opposing Counsel in Court Defense of Tesla's SolarCity Purchase 

Plaintiffs have alleged that the billionaire entrepreneur led Tesla to overpay for the home-solar company in 2016.

Less-Loved Solar Technology Gets Moment in the Sun 

Heliogen, which is going public through a SPAC merger, addresses a lot of problems that concentrated solar power has had. It will still be hard for the technology to overtake photovoltaic solar.

How Big Can Renewable Energy Get in the Next 10 Years? 

The Biden administration wants 80% of U.S. power to come from clean sources. Three experts discuss whether that's doable-and if so, how.

How Did Covid Change Long-Term Energy Demand and Supply? 

Was the pandemic a temporary blip? Or did it fundamentally change the energy markets?

Should the U.S. Offer Tax Credits to Promote Renewable Energy? 

Proponents say a long-term extension is crucial. Opponents say the benefits are overstated. The two sides square off in a debate.

Clean Energy Faces the Same Problem as Fossil Fuels: Community Protests 

Wind and solar projects require vast bodies of land and water, sparking complaints from local farmers and fishermen.

Cyberattacks and Ransomware: How Can We Protect Our Energy Infrastructure? 

The ransomware attack that brought down the Colonial Pipeline highlighted the industry's vulnerability. We asked experts to weigh in on how the U.S. can bolster its defenses.

Iranian Oil Executive Removed From U.S. Blacklist Holds Roles Linked to Iran's Government 

Ahmad Ghalebani, who stepped down from Iran's national oil company, now holds senior positions with two Iranian energy firms linked to the Iranian government, possibly in violation of U.S. sanctions.

Wave of Bullish Oil Bets Drives Big Price Moves 

Speculative wagers on a continued rally in crude are steering outsize price swings as consumers face higher fuel costs at the pump.

(END) Dow Jones Newswires

07-12-21 1615ET

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