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PowerGold Ushers in a New Era of Sustainable Investing with ENP Token!

Company Announcements, Latest / By

PowerGold, a leading provider of renewable energy solutions, today announced the upcoming launch of its groundbreaking ENP Token, poised to disrupt the sustainable investing landscape with the upcoming launch of its innovative ENP Token. This groundbreaking tokenization initiative offers investors a unique opportunity to participate in the growth of the renewable energy sector while contributing …

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Pennsylvania Governor Urges Biden to Keep Natural Gas Export Pause Limited

Conventional Energy, Latest, LNG, US News / By

Pennsylvania governor has singled out energy as growth driver State also created task force to mitigate threats to election Democratic Pennsylvania Governor Josh Shapiro said the Biden administration’s recent halt in liquefied natural gas export licenses should be limited in time, stopping short of outright criticizing a pause that could undermine job creation in a …

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Qatar’s Gas Boost Will Bring Energy Dominance – and Lots of Cash

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

The small Gulf nation plans to snag an even bigger share of the global natural gas trade, adding more than $30 billion to its annual revenue in the process. With a two-phase mega-expansion already underway and an enormous new buildout now on the horizon, the small Gulf nation of Qatar is setting itself up to control about …

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OPEC+ Members Extend Oil Output Cuts to Second Quarter

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

Summary OPEC+ producers to continue cuts of 2.2 million bpd Russia to deepen oil output cuts, ease export limits Oil seen opening stronger when trading resumes – PVM DUBAI, March 3 (Reuters) – OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per …

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Chevron Idles Two U.S. Midwest Biodiesel Plants as Profits Slip

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

(Reuters) – Chevron  has indefinitely idled two biodiesel production facilities in the U.S. Midwest, the company confirmed on Friday, citing poor market conditions. The second-largest U.S. oil producer bought biodiesel maker Renewable Energy Group for $3.15 billion in 2022 to expand its renewable fuels production to 100,000 barrels per day by 2030. The deal brought it 10 biodiesel …

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U.S. LNG Exports Fall in February on Outage and Fewer Calendar Days

Conventional Energy, Latest, LNG, US News / By

A month-long closure at Freeport LNG plant in Texas and fewer days in the month pushed February U.S. liquefied natural gas exports 7% lower than in January, preliminary date from financial firm LSEG showed on Friday. The drop followed record shipments last year that propelled the U.S. to the world’s largest exporter, above Qatar and …

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U.S. Oil and Gas Rig Count Rises to Highest Since September- Baker Hughes

Conventional Energy, Drilling Rigs, Energy Topics & Technology, Latest, Natural Gas, Oil, Tri-Pinned, US News / By

U.S. energy firms this week added oil and natural gas rigs for a second straight week to their highest since September, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by three to 629 in the week to …

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Record U.S. Oil and Gas Production Keeps Prices Under Pressure: Kemp

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

U.S. production of oil and gas set new seasonal records in December, capping off an unprecedented year, according to data published by the U.S. Energy Information Administration (EIA) on Thursday. Production continued to climb even as prices slumped from the very high levels seen in mid-2022 after Russia’s invasion of Ukraine, contributing to the accumulation …

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Energy Firms Boost Gas Exploration in Southeast Asia to Meet Growing Demand

CDN and International News, Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas / By

(Reuters) – Energy companies are ramping up exploration activities in Southeast Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company executives and analysts said. Malaysia and Indonesia have recently seen successful upstream discoveries, including a major discovery by Mubadala Energy in the South Andaman Block, following years …

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ExxonMobil, Shell to Work with Singapore on Carbon Capture and Storage Project

Carbon Capture, Energy Topics & Technology, Latest, US News / By

March 1 (Reuters) – Global energy majors Exxon Mobil and Shell will work with Singapore to develop a cross-border carbon capture and storage (CCS) project, both companies said on Friday. The Singapore-based units of the two companies, ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd., have formed the S-Hub consortium to work with the Singapore …

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