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Ukraine’s Drone Strikes on Russian Oil Refineries Mark New Phase in War

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

Attacks on refineries have both symbolic and strategic goals Kyiv plans to send ever-increasing swarm of drones into Russia Ukraine’s fight against Russia’s invasion has entered a new phase, pitting homegrown drone technology against a 2,000 kilometer (1,200 mile) swathe of largely Soviet-era oil facilities. At least nine major refineries have been successfully attacked this …

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Nuclear Fusion Backers Meet in U.S. Capital as Competition with China Looms

Energy Topics & Technology, EnergyNow News and Press Releases, Latest, Nuclear Fission, US News / By

(Reuters) – Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C. this week seeking ways to attract more money for research to avoid falling far behind China in the race to develop and build commercially viable reactors. A funding bill signed by President Joe Biden this month contained $790 million for …

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Williams Companies Ruled Out Bid for Tellurian, Executive Says

Energy Topics & Technology, Latest, Mergers and Acquisitions, Pipelines, US News / By

HOUSTON, March 19 (Reuters) – Pipeline operator Williams Companies  looked at acquiring struggling liquefied natural gas (LNG) developer Tellurian, but considered its export project not that attractive, the company’s strategy chief said on Tuesday. Tellurian said this week it would consider offers for its proposed Driftwood LNG gas export terminal after unsuccessfully pursuing long-term sales and purchase agreements …

Williams Companies Ruled Out Bid for Tellurian, Executive Says Read More »

Enservco Announces Agreement to Acquire Accretive Energy Logistics Business to Diversify the Company

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Addition of Buckshot Trucking to Provide New Logistics Service Offerings Through Growing and Historically Profitable Business Acquisition to Generate Increased Operational and Financial Flexibility with Year-Round Business Not Dependent on Weather Buckshot’s Founders and Team to Remain in Place to Support Integration and Drive Further Growth in Overall Business LONGMONT, Colo., March 20, 2024 (GLOBE …

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EQT CEO Warns Lack of Gas Storage Will Trigger Price Gyrations

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

Toby Rice says prices could eventually swing as high as $8 ‘This is the world we live in unless we get serious,’ he said The chief of the largest US producer of natural gas has warned that a lack of pipelines and storage facilities will trigger dramatic price swings in the years ahead, causing them …

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Freeport LNG to Increase Production by 10% Following Repairs

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

Debottlenecking maintenance underway through early May Additional capacity to be marketed directly by Texas producer Freeport LNG will increase its production of liquefied natural gas following repairs that are due to be concluded in early May, the company’s chief executive officer said in an interview. Maintenance will increase the Texas facility’s capacity to 16.5 million metric …

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Exxon Mobil Eyes 2 Million Bpd of Output in the Permian by 2027

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

Exxon Mobil will bring its Permian basin output up to 2 million barrels per day by 2027, while it also ramps up production in Guyana, Vice President of Global Exploration John Ardill said on Tuesday at a conference in Houston. Exxon has grown its position in the Permian significantly since 2017, when it acquired some …

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U.S. Oil Output to Exceed 14 Million bpd and Then Plateau, Says Conoco chief

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U.S. oil production will grow to exceed 14 million barrels per day and then plateau, ConocoPhillips CEO Ryan Lance forecast on Tuesday. Output in the top U.S. shale field, the Permian basin of West Texas and New Mexico, will rise between 300,000 bpd and 400,000 bpd this year, he said in remarks at the CERAWeek energy energy …

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BP Oil Refinery in Indiana Resumes Normal Operations Weeks after Power Outage, Temporary Shutdown

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

WHITING, Ind. (AP) — BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage prompted the energy giant to temporarily shut down the complex and evacuate workers. BP spokesperson Christina Audisho said Tuesday that “the Whiting Refinery is back to normal operations” at the site along …

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Enbridge Aims to Expand Gray Oak Oil Pipeline Capacity by 120,000 bpd

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

Energy pipeline operation Enbridge plans to expand capacity on its Gray Oak oil pipeline by 80,000 barrels per day (bpd) this year, an executive told Reuters on Tuesday. An additional 40,000 bpd expansion could come online in 2025 after the company decides on its capital expenditure plans, said Colin Gruending, an executive vice president at Calgary-based …

Enbridge Aims to Expand Gray Oak Oil Pipeline Capacity by 120,000 bpd Read More »

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