LNG, AI Fervor Raises M&A Interest for US Shale Gas—PwC
Power shift: While E&P dealmaking stalls amid tariffs and price swings, gas-fired assets and utilities are fueling a new M&A surge, PwC finds.
Power shift: While E&P dealmaking stalls amid tariffs and price swings, gas-fired assets and utilities are fueling a new M&A surge, PwC finds.
Oil prices edged higher on June 18 in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct U.S. involvement.
The pipeline bundles Subsea7 will use for the project offshore Norway will be made in Scotland and deployed through 2027.
Petronas and Woodside Energy expect the supply to come from several facilities, including the Louisiana LNG project.
Iran’s delegation told a session of the International Maritime Organization’s security committee that Israel had in recent days extended its “unlawful attacks” to include petrochemical and gas infrastructure in Asalouyeh along Iran’s Gulf coast.
Sage Geosystems’ energy storage technology uses mechanical energy from the Earth in a single-well system to charge and discharge energy for long durations.
Bar Harbor is EDP Renewables North America’s second solar project in Maine and is expected to generate 999 kilowatt alternating currents.
By Naureen S Malik and Mark Chediak Downed power lines following Hurricane Beryl in July 2024. Photographer: Mark Felix/Bloomberg Houston’s electric utility is confident significant grid investments will prevent a repeat of widespread blackouts that occurred last summer following Hurricane Beryl. CenterPoint Energy Inc. is integrating artificial intelligence to predict tree growth, using light detection …
Houston’s Electric Utility Is Prepared for Storms After 2024 Blackout, CEO Says Read More »
MILAN, June 18 (Reuters) – The CEO of Italian energy company Eni (ENI.MI) said on Wednesday oil markets are signalling that an escalation between Israel and Iran and the closure of the Strait of Hormuz is unlikely. About a fifth of the world’s total oil consumption passes through the Strait, which lies between Oman and …
Oil Markets See Closure of Hormuz Strait as Unlikely, Eni CEO Says Read More »
Canada could produce its first ever liquefied natural gas this weekend, from the LNG Canada export facility in Kitimat, British Columbia, two people familiar with the startup of the plant told Reuters on Wednesday. The facility, the first of a handful of Canadian LNG projects to begin production, will be the first LNG facility in …
Canada Could Produce First LNG by This Weekend, Sources Say Read More »