mark

Kazakhstan’s Tengiz Oil Field to Stay Shut for Another 7-10 Days, Sources Say

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

(Reuters) – Oil production at Kazakhstan’s vast Tengiz oil field, one of the world’s largest, could be halted for another 7-10 days after shutting down on Sunday, cutting crude exports via the Caspian Pipeline Consortium, three industry sources told Reuters. The field’s operator Tengizchevroil (TCO) said on Monday that due to power supply problems, production …

Kazakhstan’s Tengiz Oil Field to Stay Shut for Another 7-10 Days, Sources Say Read More »

US Natgas Futures Soar 27% to 3-Week High on Frigid Weather Forecasts, Short Covering

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

(Reuters) – U.S. natural gas futures soared 27% to a three-week high on Tuesday on forecasts for much colder weather and higher heating demand over the next two weeks than previously expected that forced some traders to cover short positions. After falling to a 13-week low before the long Martin Luther King Jr. holiday weekend, …

US Natgas Futures Soar 27% to 3-Week High on Frigid Weather Forecasts, Short Covering Read More »

Ranked: Natural Gas Reserves by Country – Visual Capitalist

CDN and International News, Conventional Energy, Latest, Natural Gas / By

By Niccolo Conte | Article/Editing: Bruno Venditti | Graphics/Design: Amy Realey Key Takeaways Russia, Iran, and Qatar together hold more than half of the world’s proven natural gas reserves. Natural gas reserves are heavily concentrated in a small number of countries, shaping global energy and geopolitics. Natural gas plays a critical role in the global …

Ranked: Natural Gas Reserves by Country – Visual Capitalist Read More »

US Natural Gas Jumps on Colder Outlook for Last Week of January

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

By Sing Yee Ong US natural gas futures jumped as the weather outlook for late January shifted colder, with blasts of Arctic air set to sweep the eastern part of the country, raising demand for the fuel that’s used for heating and power generation. Futures for February delivery rose as much as 14% to $3.550/mmbtu …

US Natural Gas Jumps on Colder Outlook for Last Week of January Read More »

Trump Is Pushing Gas to Power AI Boom, But Building Plants Takes Years

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest, US News / By

To speed the construction of new energy plants, the Trump administration called for an emergency power auction. They favor gas, coal and nuclear. By Josh Saul When the Trump administration called Friday for an emergency power auction in an ambitious bid to speed the construction of big power plants and tame skyrocketing power bills, top …

Trump Is Pushing Gas to Power AI Boom, But Building Plants Takes Years Read More »

Extreme Volatility Returns to Europe’s Natural Gas Markets

CDN and International News, Conventional Energy, Latest, Natural Gas / By

The biggest weekly price swings in two years show the power of speculative traders By Priscila Azevedo Rocha After a period of relative calm, intense volatility has returned to European gas prices. The region’s benchmark futures plunged 10% on Monday after surging 30% last week. There were real reasons for prices to be moving — …

Extreme Volatility Returns to Europe’s Natural Gas Markets Read More »

US Moving Fast to Expand Chevron’s Venezuela License – Energy Secretary Wright

Conventional Energy, Latest, Oil, US News / By

Summary Chevron’s export capacity from Venezuela could increase with new license terms US aims to sell Venezuelan oil at higher prices post-Maduro Funds from oil sales may eventually move to US banks, Energy Secretary Wright suggests (Reuters) – The U.S. is moving as fast as it can to grant Chevron an expanded license for its …

US Moving Fast to Expand Chevron’s Venezuela License – Energy Secretary Wright Read More »

Oil Prices steady as Ebbing Iranian Protests Lower Chance of US Attack

Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices were little changed on Monday, after rising in the previous session, as Iran’s deadly crackdown on protests quelled the civil unrest in the country, reducing the chance of a U.S. attack on the major Middle Eastern producer that could disrupt supplies. Brent crude was trading at $64.18 a barrel by 0158 …

Oil Prices steady as Ebbing Iranian Protests Lower Chance of US Attack Read More »

Judge Says Dominion Energy Can Resume Wind Project U.S. Halted

Latest, Tri-Pinned, US News, Wind / By

The U.S. offshore wind industry has faced other difficulties, including soaring inflation and supply chain snarls Bloomberg News Dominion said in court papers that it is losing about US$5 million a day on vessel contracts alone because of the Dominion Energy Inc. can restart construction of a wind project off the coast of Virginia while it continues …

Judge Says Dominion Energy Can Resume Wind Project U.S. Halted Read More »

Ukraine’s Zelenskiy Orders Faster Imports of electricity, Power Equipment

CDN and International News, Electricity Grid, Energy Topics & Technology, Latest / By

(Reuters) – President Volodymyr Zelenskiy said on Saturday that he had ordered imports of electricity and additional power equipment to be accelerated as much as possible as Ukraine confronts its worst wartime energy crisis. The government has declared an energy emergency as the system, damaged by relentless Russian strikes, is meeting only 60% of electricity …

Ukraine’s Zelenskiy Orders Faster Imports of electricity, Power Equipment Read More »

Subscribe
Subscribe