US NatGas Storage Level Drops by 93 Bcf
Natural gas prices have stayed above $3.50 as the end of the year approaches.
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Big Oil Backtracks on Renewables Push as Climate Agenda Falters
Summary European majors slow clean energy investments Investors rewarding oil and gas focus New Trump U.S. presidency among big factors in 2025 (Reuters) – Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down – and at times reversing – climate commitments in a shift that …
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Green Hydrogen Hype Is Giving Way to Reality
Forecasting hydrogen’s costs By David R Baker Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will remain far more expensive than previously thought for decades to come, according to a new estimate from BloombergNEF. Hydrogen companies worldwide are already struggling with canceled projects and sluggish …
US Natgas Prices Retreat From 2-Year Peak on Less Cold Forecasts
U.S. natural gas futures fell more than 5% on Thursday from a near two-year high in holiday-thinned trade as forecasts for less cold conditions in the short term overshadowed support from a rise in the amount of gas flowing to liquefied natural gas (LNG) export plants. Front-month gas futures for January delivery on the New …
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New York to Fine Fossil Fuel Companies $75 Billion Under New Climate Law
(Reuters) – New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and adaptation costs of climate change …
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Berry Closes Debt Refinancing to Uphold Growth Commitments
Berry Corp. closed a debt refinancing agreement to continue its corporate strategy of promoting scale and diversification.
Venture Global’s LNG Tanker Will Likely Head to Germany, LSEG Data Shows
U.S. liquefied natural gas (LNG) company Venture Global LNG’s tanker Venture Bayou, currently stationed at the Plaquemines LNG export plant in Louisiana, is expected to head to Brunsbuttel, Germany and will likely arrive there by Jan. 8, according to LSEG data The U.S. is the world’s largest exporter of the superchilled gas and a key …
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US NatGas Prices Retreat From 2-Year Peak on Forecasts of Less Cold
U.S. natural gas futures fell more than 5% on Dec. 26 from a near two-year high in holiday-thinned trade.
New York to Fine Fossil Fuel Companies $75B Under New Climate Law
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate.
Oil Prices Ease as Markets Weigh China Stimulus Hopes
Oil edged lower on Dec. 26 in light holiday trade as the dollar’s strength offset hopes for additional fiscal stimulus in China.