mark - Today in Oil and Gas

Wood Mackenzie Cuts 5-year US Wind Energy Outlook 40% on Trump Policies

Latest, Renewable Energy, US News, Wind / By mark

April 8 (Reuters) – A prominent energy research firm slashed its five-year outlook for new U.S. wind energy projects by 40% on Tuesday, citing Trump administration policies and concerns about the economy. Wood Mackenzie expects the United States to install 45.1 gigawatts of wind, both onshore and offshore, through 2029. It had originally forecast installations …

Wood Mackenzie Cuts 5-year US Wind Energy Outlook 40% on Trump Policies Read More »

Keystone Oil Pipeline Shut After Spill in North Dakota

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

By Shariq Khan and Georgina Mccartney Canadian crude oil discount to US oil widened after shutdown South Bow stock tumbled to lowest since October Amount of spill is not known yet, pipeline to be shut until at least Wednesday NEW YORK/HOUSTON, April 8 (Reuters) – The Keystone oil pipeline from Canada to the United States …

Keystone Oil Pipeline Shut After Spill in North Dakota Read More »

Grappling with the Majors: Boardwalk Bets on Southeast’s Infrastructure Growth

Latest / By mark

Boardwalk Pipelines CEO Scott Hallam discusses his company’s niche in the Haynesville and on the west side of Appalachians.

Phillips 66 Urges Shareholders to Vote Against Elliott at Annual Meeting

Latest / By mark

Phillips 66’s board of directors is again pushing against one of its largest investors—Elliott Investment Management—with a letter to shareholders detailing how to vote against the investment company at its upcoming annual meeting.

Analysts: Will E&Ps Redraw Plans as WTI Dips Below $60/bbl?

Latest / By mark

As WTI hovers near $60/bbl, U.S. E&Ps could be pushed to drop rigs and cut drilling in exploratory resource plays, analysts say.

Liberty, Imperial, Range Partner to Support Pennsylvania Power Plant

Latest / By mark

Liberty Energy Inc., Imperial Land Corp. and Range Resources are focusing on a plant to meet energy demands from data centers and industrial facilities.

Barrell Energy Raises Funds to Deepen Smackover Footprint

Latest / By mark

Barrell Energy said it plans to increase its portfolio company Barrell Lithium’s leasehold to approximately 40,000 acres within the Smackover play.

Canadian Oil and Gas CEOs Avoiding ‘Rash’ Decisions During Price Rout

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

(Reuters) – The CEOs of two Canadian oil and gas producers said on Tuesday they are seeking to avoid making rash decisions, as global oil prices hover around four-year lows and recession fears grow. Doug Bartole, CEO of Calgary-based InPlay Oil, said his company does not foresee reducing production or capital spending in the short …

Canadian Oil and Gas CEOs Avoiding ‘Rash’ Decisions During Price Rout Read More »

How Germany is Building up LNG Import Terminals

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

(Reuters) – Germany has looked to liquefied natural gas (LNG) imports to replace piped Russian gas since Moscow’s invasion of Ukraine in 2022. Its first move has been to deploy floating storage regasification units (FSRUs) to receive seaborne LNG, while longer term it plans shore-based regasification terminals and facilities to import and produce ammonia and …

How Germany is Building up LNG Import Terminals Read More »

NextDecade Signs 20-Year Deal with Aramco to Supply LNG From Rio Grande Facility

Conventional Energy, Latest, LNG, US News / By mark

(Reuters) – U.S. liquefied natural gas producer NextDecade said on Tuesday it had signed an agreement with a subsidiary of Saudi Aramco to supply the superchilled gas from its Rio Grande facility for 20 years. As part of the deal, the Aramco subsidiary will purchase 1.2 million tonnes per annum of LNG from Train 4 …

NextDecade Signs 20-Year Deal with Aramco to Supply LNG From Rio Grande Facility Read More »