Markman: Is MethaneSAT Watching You? Yes.
EDF’s MethaneSAT satellite is the first devoted exclusively to methane and it is targeting the oil and gas space.
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UAE Flips Own Script with $4 Bln Oil Pipeline Deal
(Reuters Breakingviews) – Abu Dhabi is flipping the script. In recent years, the United Arab Emirates’ leading light has blazed a trail by offloading minority stakes in subsidiaries of the Abu Dhabi National Oil Company (ADNOC). Wednesday’s acquisition of KKR and BlackRock’s 40% stake in ADNOC’s oil pipelines, by domestic investment fund Lunate, goes in …
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Shell first quarter 2024 update note
The following is an update to the first quarter 2024 outlook and gives an overview of our current expectations for the first quarter. Outlooks presented may vary from the actual first quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on May 2, 2024. Unless otherwise indicated, …
Enbridge Wins Approval to Commence Service on Louisiana Venice Natgas Pipe Project
Canadian energy company Enbridge’s Texas Eastern Transmission subsidiary received approval on Thursday from U.S. energy regulators to commence service of a natural gas pipeline associated with its Venice extension project in Louisiana. The Venice extension was designed to supply gas to Venture Global LNG’s Plaquemines liquefied natural gas (LNG) export plant in Louisiana, which is …
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U.S. Manufacturers Emerge From Slump, Set to Boost Fuel Use: Kemp
U.S. manufacturers have finally pulled out of the long, shallow slump that started in the middle of 2022, which will support petroleum consumption especially for diesel and other middle distillates in the months ahead. The Institute for Supply Management’s purchasing managers index for the manufacturing sector climbed to 50.3 in March (34th percentile for all …
U.S. Manufacturers Emerge From Slump, Set to Boost Fuel Use: Kemp Read More »
Mighty Midland Still Beckons Dealmakers
The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin’s core, following a historic consolidation trend.
GE Vernova Completes Spin-Off from GE
GE Vernova, an energy transition company, began trading as an independent company on the New York Stock Exchange this week.
The Pandora’s Box of AI: Regulation or Self-governance?
Experts urge policymakers to learn from the failure to rein in the internet and move quickly to regulate AI.
Mexico Pacific FID Imminent for Saguaro LNG Trains 1 and 2
Mexico Pacific Ltd. is close to taking an initial final investment decision for the first two trains at its Saguaro Energía LNG facility in Sonora, Mexico, which will source feed gas from the Permian Basin.
Exclusive: Sponte Operating’s Long-haul NatGas Strategy
President and CEO of Sponte Operating Chris Widell says the company is pinching back production as gas prices remain on the lower end, but is ready on the operation side when prices come back up in this Hart Energy Exclusive interview.