Latest

‘They (Activists) Don’t Understand the Facts’: Henry Kravis Rebukes Climate Protesters Who Interrupted Him

KKR & Co. co-founder Henry Kravis pushed back against climate activists who interrupted a speech to criticize the firm’s fossil-fuel investments, saying they underestimate the difficulty of shifting the economy to clean energy. Kravis was speaking on a panel at the Conference of Montreal on Monday when protesters walked to a podium on stage and accused him of “ruining Canada.” …

‘They (Activists) Don’t Understand the Facts’: Henry Kravis Rebukes Climate Protesters Who Interrupted Him Read More »

Pipeline Brawl in Louisiana Rattles Industry Desperate to Build

Energy Transfer is suing to block three rival projects Fight threatens to make it even harder to add pipelines in US A legal battle in Louisiana is hobbling construction of three pipeline projects worth more than $2 billion. Yet the litigation isn’t from environmentalists: It’s spearheaded by one of the biggest natural gas pipeline operators …

Pipeline Brawl in Louisiana Rattles Industry Desperate to Build Read More »

India Eyes Oil Deals With Nations Including Russia, Minister says

(Reuters) – Indian Oil Minister Hardeep Singh Puri on Tuesday announced that state-run Bharat Petroleum Corp plans to build a new refinery and the nation is looking at signing more oil import deals with countries including Russia at discounted rates. Puri, who took charge of the ministry for a second time on Tuesday, said Prime …

India Eyes Oil Deals With Nations Including Russia, Minister says Read More »

The Duo Atop the Biggest and Most Contentious U.S. LNG Exporter

Summary The two industry outsiders upending LNG markets Venture Global LNG has shot up the ranks of gas exporters Customers BP, Shell say the pair flout industry norms HOUSTON, June 11 (Reuters) – U.S. liquefied natural gas (LNG) exporter Venture Global LNG this year became one of the country’s largest producers of the superchilled gas …

The Duo Atop the Biggest and Most Contentious U.S. LNG Exporter Read More »

OPEC Sticks to 2024 Oil Demand Growth Forecast, but Trims Q1 View

(Reuters) – OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower than expected use in the first quarter, saying travel and tourism would support consumption in the second half of the year. The Organization of the Petroleum Exporting Countries, in a monthly report, said world …

OPEC Sticks to 2024 Oil Demand Growth Forecast, but Trims Q1 View Read More »

What’s Next For Canada? With Major Projects Wrapping Up, What Does Canada’s Energy Future Hold

‘This is the first time Canada will enter the global marketplace as a global player, so it is an incredibly important change for the industry’ By Mario Toneguzzi With the recent completions of the Trans Mountain expansion and Coastal GasLink pipelines, and the looming completion of LNG Canada within the next year, there are few major …

What’s Next For Canada? With Major Projects Wrapping Up, What Does Canada’s Energy Future Hold Read More »