Cat gas compression engines – particularly the 3500 and 3600 series – are renowned for their reliability and robust performance, but over time, even the best built engines and components suffer wear and tear. This wear can reduce power output, hamper efficiency and lead to breakdowns in the field that cost you time and money. …
See How a Cat® Engine Rebuild is More Cost-Effective Than Buying New Read More »
(Reuters) – It is important to reduce carbon emissions to preserve the planet, but oil and natural gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla , said on Saturday. Earlier this week representatives from nearly 200 countries agreed at the COP28 climate summit to begin reducing global consumption …
Summary Drop in New York manufacturing orders starts sell-off NY Fed President’s comments also shake market IEA says global crude demand to grow in 2024 (Reuters) – Brent and U.S. crude futures finished at a small loss following a see-saw session, in which prices fell more than $1 a barrel at one point on Friday, …
Many fossil fuel advocates thought it would be clever to agree to COP 28’s “net zero by 2050” goal and then challenge a few of its implementation details. They were wrong. By Alex Epstein I am happy and proud to say that since a decade ago, when there was very little morally confident fossil fuel …
U.S. natural gas futures climbed about 4% to a one-week high on Friday on forecasts for higher demand next week than previously expected and as record amounts of gas flow to liquefied natural gas (LNG) export plants. That price increase came despite record gas production and forecasts for mild weather and lower heating demand in …
U.S. Natgas Prices Climb 4% to One-Week High with Rising Demand Read More »
(Reuters) – Freeport LNG, which operates the second-largest U.S. liquefied natural gas export plant in Texas, agreed with the U.S. Environmental Protection Agency to settle safety violations related to a June 2022 blast that caused some $275 million in damage to the facility. The consent agreement dated Monday, made public by Freeport LNG in a …
Freeport LNG Settles with US EPA Over Safety Failures for June 2022 Texas Blast Read More »
The worldwide shortage of diesel and other distillate fuel oils has started to ease as stocks accumulate in response to exceptionally high refining margins and the slowdown in manufacturing and construction activity: EU inventories of diesel oil and gas oil increased to 49.5 million tonnes at the end of August 2023 from 44.9 million a …
Global Diesel Shortage Eases after Summer Surge in Prices Read More »
(Bloomberg) White House National Climate Advisor Ali Zaidi said the US will still need oil and gas to meet near-term energy demand, even as nearly 200 nations signed on to a pact at COP28 to transition away from fossil fuels. To satisfy demand in the short term, the US needs to “accept the reality of the stock …
U.S. Still Needs Fossil Fuels, White House Climate Adviser Says Read More »
U.S. natural gas futures crept higher on Thursday, while the market focus shifted to the weekly storage report due later in the day Analysts forecast U.S. utilities pulled 54 billion cubic feet (bcf) of gas out of storage during the week ended Dec. 8. This compares to 46 bcf during the same week a year …
U.S. Natgas Prices Tick up With Spotlight on Weekly Storage Report Read More »
Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models Ford will cut planned production of its electric F-150 Lightning pickup truck in half for 2024, from an average of 3,200 vehicles per week to …
Ford Halves 2024 Electric F-150 Production Plans on Slowing Demand Read More »
