U.S. natural gas futures climbed about 3% on Thursday on forecasts for cooler weather and more demand next week than previously expected and with an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants, including Freeport LNG. That price rise also came ahead of a federal storage report expected to …
U.S. Natgas Prices Up 3% Ahead of Storage Report as LNG Feedgas Rises Read More »
Scotland was constrained by cuts to the capital funding it receives from the British government and an overall weakening of climate ambition by British Prime Minister Rishi Sunak, said Mairi McAllan, the net zero secretary for Scotland’s devolved government.
Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.
New CEO Auchincloss seeks to simplify BP’s corporate structure Retiring gas and power chief Dotzenrath is replace by Lin BP Plc restructured its top management as the departure of some executives allowed new Chief Executive Officer Murray Auchincloss to put his mark on the oil and gas giant. The executive leadership team will be reduced to 10 members …
BP Reshapes Its Leadership Team as Some Executives Leave Read More »
(Reuters) – Pipeline and terminal operator Kinder Morgan on Wednesday reaffirmed its annual profit outlook and said it expects demand for natural gas to grow substantially between now and 2030. The company, which operates about 79,000 miles of pipelines, said it is banking on growth in electric demand primarily driven by demand from new and expanding …
Kinder Morgan Meets Profit Estimates, Sees New Demand from AI Operations Read More »
Youth activists push Biden for move ahead of November election Emergency proclamation could be used to halt exports, drilling White House officials have renewed discussions about potentially declaring a national climate emergency, an unprecedented step that could unlock federal powers to stifle oil development. Top advisers to President Joe Biden have recently resumed talks about the merits of …
The US president must hold Maduro to account while keeping a lid on domestic gas prices in an election year. Joe Biden must decide this week whether to reinstate oil sanctions on Venezuela — a matter entangled with two of the American president’s biggest headaches in an election year: inflation and immigration. The six-month waiver …
Biden Confronts Tough Choice Over Venezuela Oil Sanctions Read More »
The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out to make sure the asset management giant gets a share What’s worth your time when you’ve already built the world’s largest asset management company? For Larry Fink, chief executive officer of BlackRock Inc., courting the billions of dollars in assets up for grabs …
BlackRock’s Aggressive Hunt for Growth in Saudi Arabia Read More »
NV Energy sees unprecedented demand growth on its systems Electricity demand is expected to more than double this decade Executives of US Western utilities owned by Warren Buffett’s Berkshire Hathaway Inc. conglomerate said more natural gas power plants will be needed to supply unprecedented demand growth on their systems. NV Energy Inc. sees natural gas generators playing a …
Buffett Utilities Say More Gas Plants Needed to Meet Demand Read More »
Kimmeridge says it sees no pathway towards a transaction Kimmeridge will instead focus on nominees to SilverBow board Shale driller SilverBow Resources Inc. dropped more than 6% after Kimmeridge Energy Management Co. withdrew a merger offer and said it’ll focus on winning board seats. “Given SilverBow’s lack of engagement, Kimmeridge sees no pathway towards a transaction,” Kimmeridge said in …
Shale Gas Driller SilverBow Plunges After Kimmeridge Drops Bid Read More »
