CALGARY — A wildfire burning out of control in northern Alberta on Thursday prompted Suncor Energy Inc. to withdraw all non-essential workers from its Firebag oilsands site. The company, Canada’s second-largest oilsands producer by volume, confirmed T…
(Reuters) – U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheaper regional and West African oil, traders and analysts told Reuters. Exports of U.S. crude to Europe slowed to 1.45 million barrels per day (bpd) last month, the lowest for any month since July 2022, according …
U.S. Crude Exports to Europe Hit Two-Year Low in June Read More »
Chevron Corp said on Thursday that non-essential personnel from its Gulf of Mexico facilities, including workers at its Anchor platform, are being removed due to approaching Hurricane Beryl. Production from Chevron-operated assets in the Gulf of Mexico remains at normal levels, the company said. (Reporting by Anushree Mukherjee in Bengaluru; Editing by Bill Berkrot)
Green innovators too advanced for venture capital but not advanced enough for infrastructure investors are falling through the cracks — and time is running out. An employee in front of a steel furnace at BlueScope Steel Ltd. Port Kembla steelworks in Australia. Photographer: Brent Lewin/Bloomberg By Alastair Marsh Accelerating climate change is forcing humanity to reimagine …
Climate Tech’s Dangerous Trek Across the ‘Valley of Death’ Read More »
East coast markets face challenge, independent inquiry says Report calls for increase in domestic production and supplies Australia, one of the world’s largest liquefied natural gas shippers, faces a shortage within a little more than two years, according to an independent inquiry, which urged a boost to production to meet the challenge of rising demand. …
Australia Runs the Risk of Gas Shortfall by 2027, Watchdog Says Read More »
Ruling is latest in battle concerning Louisiana Energy Gateway Energy Transfer owns key stretch of lines in Texas, Louisiana Energy Transfer LP can’t stop Williams Cos. from building a natural gas pipeline across the path of the company’s own conduit in Louisiana, a district court in the state ruled. The by the 42nd Judicial District Court of DeSoto Parish …
Williams Can Cross Path of Energy Transfer Gas Pipeline, Court Rules Read More »
Company has received multiple takeover offers in recent years It has operations in Australia, Papua New Guinea, Alaska Saudi Aramco and Abu Dhabi National Oil Co. have been separately studying potential bids for Santos Ltd., people with knowledge of the matter said, becoming the latest companies to show an interest in the Australian producer’s liquefied natural gas assets. The …
Aramco and Adnoc Are Considering Bids for Gas Producer Santos Read More »
Soaring production from shale, wind and solar helped create the biggest glut since at least 1949. Yet demand may soon catch up. Energy scarcely got a look-in during last week’s US presidential debate, but its brief mention is still worth a closer look. In response to a question about the events of Jan. 6, 2021, …
U.S. is Enjoying a Growing Energy Surplus – For Now Read More »
Fired co-founder Charif Souki plans to raise $100 million Tellurian is exploring options, sale with other investors Charif Souki said he plans to raise $100 million from investors to buy a stake in Tellurian Inc., the US natural gas development firm he co-founded and which fired him in December. “Various members of my family are already significant …
LNG Pioneer Ousted From Tellurian Attempts to Buy Back Stake Read More »
The state of Alaska has sued the federal government seeking to recover revenues it lost out on after President Joe Biden’s administration canceled oil and gas drilling leases in the federal Arctic National Wildlife Refuge. The state in a lawsuit filed on Tuesday in the U.S. Court of Federal Claims said the cancellation of the …
Alaska Sues Over Lost Revenues from Biden Canceling Arctic Oil Leases Read More »
