Conventional Energy

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Trump is Ready ‘Within Seconds’ to Issue Orders to Spur on Drilling

Conventional Energy, Latest, Oil, US News / By

Trump followed a similar path during his first term in office with day-one directives meant to advance construction of oil pipelines and aid in deregulation Bloomberg News Donald Trump telegraphed similar ambitions on the campaign trail, vowing to “unleash domestic energy production like never before”. Photo by Alex Brandon/AP Photo files United States president-elect Donald Trump is poised …

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Biden Administration Releases LNG Export Study, Urging Caution on New Permits

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits. Biden in January had paused the Department of Energy’s approvals of U.S. LNG exports to big …

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U.S. Keeps Its LNG Exports Crown Even as Luster Fades

Conventional Energy, Latest, LNG / By

By Gavin Maguire (Reuters) – U.S. liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the lucrative LNG export sector. U.S. LNG shipments for 2024 look set to hit 86.9 million metric tons, according to ship-tracking …

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Biden’s LNG Study to Stop Short of Halting New Exports

Conventional Energy, Latest, LNG, Tri-Pinned, US News / By

A highly anticipated study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to people familiar with the matter. The study, under way since January, is set to be released as soon as Tuesday, according to the people, …

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US Study Likely to Stop Short of Saying LNG Exports Not in Public Interest, Sources Say

Conventional Energy, Latest, LNG, US News / By

(Reuters) – President Joe Biden’s administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said. Biden in January paused the Department of Energy’s approvals of …

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Norway Oil and Gas Industry Forecasts Record Investment in 2025

CDN and International News, Conventional Energy, Latest, Oil / By

Summary Norway oil, gas firms to invest $25 bln in 2025 Investment forecasts raised since last year Inflation, accelerated development, more drilling drive increase Highest number of exploration wells since 2019 OSLO, Dec 16 (Reuters) – Oil and gas companies operating in Norway expect to invest a record 275 billion Norwegian crowns ($24.68 billion) in …

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Exxon’s AI Power Play Aims to Beat Nuclear

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, US News / By

By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. To most of us, a power plant is a source of electricity. To Exxon Mobil Corp., it’s a machine that converts natural …

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AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Nuclear, Oil, US News / By

It looks easy enough: Ask ChatGPT something, and it responds. But pull back the curtain, and you’ll find that every ChatGPT prompt and Microsoft Copilot task consumes vast resources. Millions of human beings engineering, correcting and training models. Enough terawatt-hours of electricity to power countries. Data center mega­campuses around the world. Power line networks and …

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Oil Sands are Canada’s Winning Lottery Ticket With ‘Significant Change’ in Emissions Growth

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands / By

‘The Oil Sands are Canada’s Winning Lottery Ticket’ By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter   As Alberta’s oil sands sector reaches a major economic milestone, a new report shows that emissions growth continues to slow. There is a clear “structural break” for the industry where …

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