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U.S. Natgas Flows to Texas Freeport LNG Export Plant Seen up on Tuesday

The amount of natural gas flowing to Freeport LNG’s liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Tuesday, according to data from financial firm LSEG. Energy traders said gas futures were trading about 2% higher so far on Tuesday on the possibility …

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Kathairos Launches Energy Influencer Spotlight: PennEnergy Resources Champions Innovative Methane Emissions Reduction Across Appalachia

PITTSBURGH, PA [April 9, 2024] PennEnergy Resources, LLC, a leading player in the Appalachian Basin’s natural gas industry, is proud to announce its progressive achievements in emissions reductions of methane and other pollutants, as part of Kathairos Solutions’ Energy Influencers campaign. This initiative celebrates the industry’s frontrunners in environmental stewardship, showcasing PennEnergy’s commitment to responsible …

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Power Bills Will Keep Rising Even After the Fed Tames Inflation

As utilities shell out to fortify, decarbonize and expand their grids, US ratepayers are footing the bill. Bloomberg Alfredo De Avila grows increasingly frustrated when his electricity bill arrives each month. Price gains for groceries and other household essentials have eased in the past year, but the rising cost of power is still eating into …

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Energy Transfer Files for Regulator Review in Pipeline Spat

Firm wants FERC to verify developer Williams is in compliance Pipeline giant is in legal battle with several developers Bloomberg Energy Transfer LP is asking the Federal Energy Regulatory Commission to take a closer look at a Williams Cos Inc. pipeline project as a legal battle rages between the two companies. Energy Transfer said in a FERC filing …

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Oil Market to Get ‘Extremely Tight’ in Second Half, Citadel Says

Prices could rise to a level that will constrain demand OPEC regained control of the market, says Sebastian Barrack Bloomberg Global oil markets are on track to be “extremely tight” in the second half, with prices rising to a level that will eventually constrain demand if OPEC doesn’t bring back more supply, said the head …

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Odds of $100 Oil Rise as Supply Shocks Convulse the Market

Intensifies fears of commodity-driven inflation resurgence Bloomberg News When oil prices jumped above US$90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But the rally’s foundations went deeper — to global supply shocks that are intensifying fears of a commodity-driven inflation resurgence. A recent move by Mexico to slash its …

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BP Expects Rise in First-Quarter Upstream Energy Output

(Reuters) – BP  said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months. The London-listed oil major also expects strong results in oil and gas trading, along with a $100 million-$200 million boost from improved oil refining margins. Lower …

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