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

Company Announcements, Latest / By

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

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

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

Energy Topics & Technology, Latest, Pipelines, US News / By

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

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

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

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

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

CDN and International News, Energy Topics & Technology, Exploration & Production, Latest / By

(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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U.S. Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten

Conventional Energy, Latest, Oil, Pinned Primary, US News / By

(Reuters) – Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply tightness that could add to rising gasoline prices. Refineries along the Gulf Coast, which account for more than 55% of total U.S. refining capacity, are geared …

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