Auto Added by WPeMatico
The amount of natural gas flowing to U.S. liquefied natural gas firm Cheniere Energy’s Sabine Pass export plant in Louisiana was on track to drop to an 11-month low on Friday, according to data from financial firm LSEG. Reductions at Sabine and other U.S. LNG export plants have often had a major impact on global …
U.S. Natgas Flows Fall to 11-Month Low at Cheniere Sabine LNG Export Plant Read More »
(Reuters) – Major Chinese asset managers have billions of dollars invested in fossil fuels with no plans for a phase out, a new Greenpeace report said. The environmental organisation’s analysis of 16 major Chinese asset managers released on Thursday said that they have invested a combined 267.2 billion yuan ($36.79 billion) in high-carbon sectors and …
Major Chinese Asset Managers Have No Plans to Phase Out Fossil Fuel Investments Read More »
(Reuters) – The U.S. government opened up on Friday competitive bidding that will close on Aug. 26 for $850 million in grants to help small oil and gas producers monitor and reduce methane from their operations, a major part of the Biden administration’s plan to crack down on leaks of the potent greenhouse gas. WHY …
U.S. Offers $850 Million in Grants to Clean up Oil Sector Methane Emissions Read More »
(Reuters) – The UK’s highest court ruled on Thursday that planners must look at the impact of emissions on global warming before granting approval for oil wells, in a landmark case that climate activists said makes it easier to block fossil fuel projects. Environmental campaigners had argued that planning permission to retain and expand an …
Environmental Activists Win Landmark Ruling Over UK Oil Well Plan Read More »
(Reuters) – Natural gas-fired power generation in the United States has climbed nearly 6% through June 17 from the same period a year ago, as above-normal temperatures lifted use of power-hungry air conditioners. U.S. power generation from natural gas from Jan. 1 through June 17 was just over 30 million megawatt hours (MWh), according to …
U.S. Power System Cranks Up Gas Output as Cooling Season Kicks Off Read More »
Summary Middle East conflict remains in focus EIA inventory data due at 1500 GMT BoE interest rate decision at 1100 GMT (Reuters) – Brent oil futures were steady on Thursday, hovering slightly below seven-week highs as the market awaited U.S. inventory data. August Brent crude rose by 18 cents, or 0.21%, to $85.25 a barrel …
U.S. oil refiners are expected to have about 118,000 barrels per day (bpd) of capacity offline in the week ending June 21, decreasing available refining capacity by 21,000 bpd, research company IIR Energy said on Wednesday. Offline capacity is expected to fall to 85,000 bpd in the week ending June 28, IIR added. The following …
U.S. Oil Refiners’ Weekly Capacity Seen Down 21,000 Bpd, IIR Says Read More »
Iranian oil exports will continue regardless of who is elected as the next U.S. president, Iranian Oil Minister Javad Owji said on Wednesday, amid concerns that a Donald Trump presidency could curb Iranian crude sales. “Whatever government comes to power in the United States will not be able to prevent Iranian oil exports,” Owji said …
No Future U.S. Government Can Prevent Iran Oil Exports, Minister Says Read More »
(Reuters) – The U.S. Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor technologies. Expanding nuclear power has broad bipartisan support, with Democrats seeing it as critical to decarbonizing the power sector to fight climate change and Republicans …
U.S. Senate Passes Bill to Support Advanced Nuclear Energy Deployment Read More »
Summary U.S. crude stocks rise, gasoline inventories fall Conflict in Europe, Middle East support oil prices (Reuters) – Oil prices were little changed on Wednesday, staying close to their highest levels in seven weeks as the market weighed concerns over escalating conflicts against demand worries following an unexpected rise in U.S. crude inventories. Brent crude …
Oil Steady Amid U.S. Stock Build But Jitters Abound Read More »
