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By Reuters TORONTO, March 31 (Reuters) – Canada is not interested in subsidizing future liquefied natural gas (LNG) projects, including electrification of projects currently in the works, Energy and Natural Resources Minister Jonathan Wilkinson said in a television interview on Sunday. Countries including Greece, Germany and Japan have expressed interest in purchasing Canada’s LNG while the …
DOHA, March 31 (Reuters) – QatarEnergy (QATPE.UL) CEO Saad Al Kaabi announced on Sunday that the company has finalised a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output. In a ceremony at its Doha headquarters state-owned QatarEnergy …
QatarEnergy to Charter 19 New LNG Vessels Expanding Fleet Further Read More »
Canadian crude shipments to Los Angeles are surging, a possible preview of how an expanded pipeline that’s nearing startup may redraw flows along the Pacific Coast. Three tankers carrying a total of 1.74 million barrels have sailed from Vancouver to the biggest U.S. West Coast city in March, the most in at least four years, according …
Canadian Oil Flows to L.A. as Trans Mountain Pipeline Start Nears Read More »
(Reuters) – More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the pressure to reduce carbon emissions mounts. Of 465 refining assets analysed, the consultancy ranked about 21% of 2023 global refining capacity at some …
More Than 20% of Global Oil Refining Capacity at Risk, Analysis Finds Read More »
Summary Iraq-Turkey pipeline shut since March 2023 Baghdad: around 225,000 bpd being produced without its oversight APIKUR says terms of current contracts must be maintained US encourages restart, State Dept. spokesperson says (Reuters) – Foreign oil firms operating in Iraq’s Kurdistan region are partly to blame for the delay in resuming crude exports after failing …
Iraq, Oil Firms Trade Blame Over Shut Turkey Pipeline Read More »
CALGARY — After more than four years of construction and at least $34 billion in costs, the Trans Mountain pipeline expansion project is nearly complete. Here’s a look at what milestones to expect in the coming weeks as the massive pipeline gets ready to start shipping Canadian oil to the West Coast: Resolution of B.C. …
With Completion in Sight, What’s Next for Canada’s Trans Mountain Pipeline Project? Read More »
Exxon Mobil Corp on Tuesday gave a dire warning about the outlook of Australia’s domestic gas supply, joining other gas producers in calling for policy stability and more investment in the sector. There is an urgent need for new investment in domestic gas supply and infrastructure to provide energy security and affordability for households and businesses, …
Exxon Warns Australia Faces Sharp Drop in Gas Supply, Calls for Policy Stability Read More »
(Reuters) – An underground gas storage site in Ukraine was attacked on Sunday in the latest wave of Russian missile strikes on power facilities, while officials restored power in cities, ordered imports and imposed rolling blackouts to deal with shortfalls. Ukraine’s state-run Naftogaz energy firm reported the attack on the gas storage site (UGS), but …
Russia Attacks Ukrainian Gas Storage Site; Ukraine Ramps up Power Imports Read More »
By Irina Slav More From Irina Slav “Any source of energy is intermittent, but renewables are perhaps the least intermittent, since they use the sun and wind. The crucial missing piece of renewables is the lack of infrastructure.” This profound revelation comes from the head of the International Renewable Energy Agency, Francesco La Camera, and should be …
COMMENTARY: Obscene Misinformation Continues to Come From the IEA – Irina Slav on Energy Read More »
(Reuters) – A Ukrainian deputy prime minister said on Friday Russian oil refineries were legitimate targets for its forces, after a media report said the United States, a close ally, had asked Kyiv to stop conducting drone strikes on refineries. Ukraine dramatically stepped up its attacks on Russian energy facilities this month, launching numerous long-range drones to …
Ukraine Says Russian Oil Refineries Are Legitimate Targets Read More »
