Glenfarne Seeks Five More Years to Build Texas LNG Export Plant
Glenfarne said in its FERC filing that the project was delayed due to “extenuating circumstances outside of Texas LNG’s control.”
Pioneer Energy Awarded $10MM by DOE
The U.S. Department of Energy grant for Pioneer’s new well pad processing technology will help eliminate routine flaring and emissions from oil and gas production sites.
TotalEnergies FIDs Two Developments Offshore Brazil
TotalEnergies took FID for two developments offshore Brazil in the prolific Santos Basin where the French energy giant expects its equity production to soon exceed 200,000 boe/d.
U.S. Gulf Coast Imports of Straight-Run Fuel Oil at Record as Global Supply Jumps
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks, according to data from ship tracker Kpler. The increased imports of SRFO, a feedstock processed through secondary refining units and …
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Weatherford, Equinor Extend Completions, Slot Recovery Agreement
Weatherford’s technology will provide Equinor with simplified downhole architecture, cost savings and remote monitoring.
Basket of Energies: Transition Needs Diversified Carbon Capture Solutions
As the world strives to reach emissions goals, experts from Kent discuss the necessity of a diverse energy portfolio that includes both hydrocarbons and new forms of energy.
US Weighs Additional Sanction Steps as Russia Shifts War Footing, White House Says
Russia-China trade has dropped since U.S. President Joe Biden had expanded Treasury’s ability to target financial institutions, adding authorities may expand further.
Glenfarne Seeks Five More Years Until 2029 to Build Texas LNG Export Plant
U.S. energy company Glenfarne Group LLC has asked federal energy regulators for five more years until November 2029 to put its proposed Texas LNG export plant in Texas into service, according to a filing made available on Tuesday. Texas LNG is one of more than three dozen LNG export plants being developed in the U.S., …
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U.S. Spot Natgas Prices Hit Record Low in California, Power Prices Remain Negative
U.S. spot gas prices in Southern California fell to a record low for Tuesday, while power in Arizona and California remained negative amid low energy demand over the Memorial Day holiday weekend and ample cheap hydropower and other renewable supplies. Negative prices signal there is too much power or gas being produced in a region. …
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Permian Resources Completes Liquidation of Canada’s Lynden Energy
Permian Resources said the liquidation of Lynden Energy, a subsidiary of Earthstone Energy, will simplify its corporate structure and reduce go-forward tax obligations at the time of the Earthstone acquisition.