Carney Pitches Canada as the G7’s Best Place to Invest, Targets $1 Trillion Over Five Years: “We’re Just Getting Started” – Speech Highlights Here

CDN and International News, Latest, LNG, Natural Gas, Oil / By

EnergyNow Media Prime Minister Mark Carney used his keynote address at the Canada Investment Summit in Toronto on Tuesday to declare that Canada intends to become the most attractive investment destination in the G7. Carney set an ambitious national target: attracting and catalyzing $1 trillion in investment over the next five years across energy, transportation, …

Carney Pitches Canada as the G7’s Best Place to Invest, Targets $1 Trillion Over Five Years: “We’re Just Getting Started” – Speech Highlights Here Read More »

Oil Pipe Bypassing Hormuz to Reopen ‘Soon,’ US Energy Chief Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

By Ari Natter and Annmarie Hordern A critical Saudi oil pipeline should be back online “soon” following it’s closure late last week after coming under attack, Energy Secretary Chris Wright said Monday. “I think you’ll see that pipeline running back soon,” Wright said in an interview on Bloomberg Television. They’ve been very carefully assessing what …

Oil Pipe Bypassing Hormuz to Reopen ‘Soon,’ US Energy Chief Says Read More »

Energy Bills Forecast to Jump 25%, Bloomberg Analysis Finds

CDN and International News, Conventional Energy, Electricity Grid, Energy Topics & Technology, Forecasts, Latest, Natural Gas / By

By Eamon Farhat UK household energy bills are poised to jump by about 25% in January amid sharpened tensions in the Middle East, according to a Bloomberg Economics forecast that threatens to upend Prime Minister Andy Burnham’s drive to bear down on the cost of living. The regulator Ofgem will use energy futures prices observed …

Energy Bills Forecast to Jump 25%, Bloomberg Analysis Finds Read More »

US Data Centers Set to Burn More Natural Gas Than Most Nations

Artificial Intelligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

By Julian Hast Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic feet per day in the ten years to 2035, even accounting for …

US Data Centers Set to Burn More Natural Gas Than Most Nations Read More »

Carlyle Backs Deal to Buy Oil Firm Parallax in Latest Push Into Canada

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

By Iain Boekhoff American private equity firm Carlyle Group Inc. is backing a deal for an oil and gas company in Canada, its second major investment into the country’s oil sector in the last year. A newly formed company, Avenrock Energy Inc., will acquire privately held Parallax Energy Operating Inc., Carlyle announced Monday in a …

Carlyle Backs Deal to Buy Oil Firm Parallax in Latest Push Into Canada Read More »

ADNOC Trading Buys Millions of Barrels of Iraqi Crude, Sources Say

CDN and International News, Conventional Energy, Latest, Oil / By

By Nidhi Verma and Ahmed Rasheed ADNOC trading arm buys Iraqi crude at discounts, sources say ADNOC agrees to buy 72 million barrels for Aug-Sept, source says Other companies also buy crude from Iraq NEW DELHI/BAGHDAD, Sept 15 (Reuters) – Abu Dhabi National Oil Co (ADNOC) has bought millions of ​barrels of discounted crude from …

ADNOC Trading Buys Millions of Barrels of Iraqi Crude, Sources Say Read More »

LNG Demand in China, India and Pakistan Expected to Rebound After US-Iran War Ends

CDN and International News, Conventional Energy, Latest, LNG / By

By Florence Tan and Emily Chow LNG spot price surge hits demand in India, GAIL says GAIL, PetroChina traders seek alternatives to Mideast LNG Chinese, Indian LNG demand to rebound once prices cool, GAIL and PetroChina expect Exxon is ‘extremely bullish’ on long-term LNG growth prospects BANGKOK, Sept 15 (Reuters) – LNG demand from China, …

LNG Demand in China, India and Pakistan Expected to Rebound After US-Iran War Ends Read More »

Half of Russia’s Top Diesel-Producing Refineries Cut Back Output After Drone Strikes

Diesel Fuel, Energy Topics & Technology, Latest, US News / By

Six plants account for roughly half of Russia’s diesel output Kirishi shut, Volgograd and NORSI running at about 25% capacity, sources say Trump has urged Ukraine to stop strikes on Russian diesel infrastructure MOSCOW, Sept 15 (Reuters) – Half of Russia’s six top ​diesel-producing refineries were forced to significantly cut back or completely halt output …

Half of Russia’s Top Diesel-Producing Refineries Cut Back Output After Drone Strikes Read More »

Kremlin Welcomes Trump’s Idea of Energy Truce With Ukraine, Calls for Sanctions Removal

Conventional Energy, Latest, Natural Gas, Oil, US News / By

  Summary Kremlin: says sanctions energy exports should be lifted Russia says Ukraine is not ensuring tanker safety Zelenskiy backs the idea if Russia is serious about peace talks (Reuters) – The Kremlin said ​on Tuesday it welcomed a U.S. proposal for a Russia-Ukraine moratorium on attacking each other’s ‌energy infrastructure, while saying it was …

Kremlin Welcomes Trump’s Idea of Energy Truce With Ukraine, Calls for Sanctions Removal Read More »

UNWANTED IN THE US, Old Oil Equipment Finds a New Home in Venezuela

EnergyNow News and Press Releases, Latest / By

Summary Used US oil equipment makes its way to Guanta, Maracaibo ports Larger drilling rigs expected to be exported to Venezuela soon Condition of old equipment, supplies raise questions about reliability (Reuters) – In the sweltering heat in Humble, Texas, just outside Houston, two workers were flattening out a yard with heavy compaction rollers, making …

UNWANTED IN THE US, Old Oil Equipment Finds a New Home in Venezuela Read More »

Subscribe
Subscribe