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Liberty Energy Names Successor After Trump Picks CEO Wright as Energy Secretary Nominee

Energy Topics & Technology, Latest, OFS-Oilfield Services, US News / By

 U.S. oilfield services firm Liberty Energy said on Monday it plans to appoint Ron Gusek as its CEO if current Chief Executive Chris Wright is confirmed as the U.S. Secretary of Energy. President-elect Donald Trump named Wright, who founded Liberty in 2011, as his pick to lead the energy department on Saturday. Wright’s appointment is …

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COMMENTARY: The Injustice of Climate Reparations – Alex Epstein

CDN and International News, Energy Commentary, Energy Topics & Technology, Environment, Latest / By

COP 29 leaders are demanding over a $1 trillion a year in climate reparations from the US and other successful nations. They don’t deserve a nickel. By Alex Epstein COP 29 is calling for over $1 trillion in annual climate reparations A major theme of COP 29 is that the world should set a “New …

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What Will Be the Future of the Keystone XL Pipeline Under President Trump?

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

by Terry Winnitoy, EnergyNow The Keystone XL Pipeline, proposed in 2008, was designed to transport Canadian crude oil from Alberta to refineries in the United States, specifically to Steele City, Nebraska, and onward to refineries in Illinois and Texas, as well as to an oil pipeline distribution center in Cushing, Oklahoma. Spanning approximately 1,179 miles …

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COMMENTARY: 3 Undeniable Facts About Climate For #COP29 – Alex Epstein

CDN and International News, Energy Commentary, Energy Topics & Technology, Environment, Latest / By

We need energy freedom to increase climate resilience and drive energy innovation By Alex Epstein Climate debates often focus on exactly how much rising CO2 levels will impact the global climate.The truth is, there is a lot of uncertainty here.What is certain is that we need energy freedom to achieve climate resilience and energy innovation. Here …

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North Dakota Approves Summit Carbon Pipeline Permit

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

(Reuters) – North Dakota regulators on Friday approved Summit Carbon Solutions’ application for a permit to run a section of its carbon dioxide pipeline through the state and store the captured greenhouse gas underground. The unanimous vote by the three-member Public Service Commission is a critical step for Summit’s hopes to build the biggest carbon …

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Global Oil Market Faces a Million-Barrel Glut Next Year, Says IEA

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

Supply from the U.S., Brazil, Canada and Guyana is set to grow Oil drums sit stacked in a warehouse at Jacobi Oil Service, Inc. in Floyds Knobs, Ind. Global oil markets are facing a surplus next year as Chinese demand continues to falter. Photo by Luke Sharrett /Bloomberg Global oil markets face a surplus of …

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AI Power Demand Complicates Low-Carbon Goals, Dominion CEO Says

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

Data centers make it harder to retire fossil-fuel plants Demand also spiking from new factories and electric vehicles The boom in power demand from data centers and artificial intelligence creates a conflict between maintaining a reliable grid and cutting carbon emissions, according to the head of Dominion Energy Inc. “There’s a little bit of tension there …

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Trump Threatens ESG Investing That Thrived in His First Term

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

Green funds took off the last time the Republican won the White House—but this time is different. Photographer: Christmas / Alamy When Donald Trump first won the White House in 2016, his victory created one of the all-time best sales pitches for green-minded investment funds: If Washington wasn’t going to push for a transition to …

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World Faces Oil Surplus in 2025 on Weak Demand, IEA Says

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

Summary Sees supply exceeding demand by over 1 mln bpd in 2025 IEA raises 2024 demand growth forecast by 60,000 bpd Leaves 2025 demand growth projection steady at 990,000 bpd (Reuters) – Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said on Thursday, …

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US Refiner Margins to Stabilize Next Year as Plant Closures Cut Supply, EIA Says

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

By Shariq Khan EIA expects US refining margins to be unchanged next year Margins have declined sharply since 2022 due to slowing demand, higher supplies NEW YORK, Nov 13 (Reuters) – U.S. refiner margins for gasoline and diesel will be relatively unchanged next year, the U.S. Energy Information Administration said on Wednesday, signaling relief for …

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