Aker Solutions, Siemens to Begin Offshore UK Wind Farm Work
Aker Solutions and Siemens Energy will work on wind farms in the U.K. North Sea that are part of RWE’s 4.2-gigawatt Norfolk Offshore Wind Zone.
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As Energy Secretary, Wright Would Remove Barriers to Projects
Liberty Energy CEO Chris Wright, Trump’s nominee to head the Department of Energy, said removing bureaucratic barriers to project development would be a top priority during a Senate confirmation hearing on Jan. 15.
Natural Gas Demand to Grow with Data Centers, Rystad Says
Utility companies are planning 17.5 GW of new gas-fired capacity in the coming years in preparation to meet increasing power demands from data centers.
US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says
(Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2 million barrels to 412.7 million barrels in the week ending Jan. 10, the EIA said, compared with analysts’ expectations in a Reuters poll for a 992,000-barrel draw. Crude …
US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says Read More »
US NatGas Prices Rise to 2-Year High on Record Demand Forecasts
(Reuters) – U.S. natural gas futures rose about 1% to a two-year high on Wednesday on forecasts for more frigid weather over the Martin Luther King Jr Day holiday weekend than previously expected, which could freeze gas wells and pipes and boost gas demand for heating to a record high. Front-month gas futures for February …
US NatGas Prices Rise to 2-Year High on Record Demand Forecasts Read More »
US Crude Oil Stocks, Excluding SPR, Fall to 2-Year Low, EIA Says
Crude inventories fell by 2 MMbbl to 412.7 MMbbl in the week ending Jan. 10, the EIA said, compared with analysts’ expectations in a Reuters poll for a 992,000-bbl draw.
Report: Will Civitas Sell D-J Basin, Buy Permian’s Double Eagle?
Civitas Resources could potentially sell its legacy Colorado position and buy more assets in the Permian Basin— possibly Double Eagle’s much-coveted position, according to analysts and media reports.
Bracewell: Many Await Updates to Existing CO2 Pipeline Safety Regulations
Pipeline proponents are facing challenges and have been hampered by the lack of clarity regarding CO2 pipeline safety regulations.
Big Spenders: EPA Touts Billions in Clean Energy Spending
Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.
International Energy Agency (IEA) Statistics: Monthly Oil Statistics – Including up to October 2024
The latest IEA’s Monthly Oil Statistics report including October 2024 data shows that for Total OECD: Total OECD production of crude oil, NGL and refinery feedstocks increased by 2.1% in October 2024 compared to October 2023. Refinery gross output of total products increased by 1.4% on a year-on-year basis. Net deliveries of total products increased …