Senator Joe Manchin condemned the Biden administration’s decision to lift sanctions against Venezuela’s oil and gas sector, arguing the US should instead turn to domestic crude production to fill any shortfall. The administration is looking to “one of the world’s dirtiest energy producers and an oppressor of its own people to help make up the …
Joe Manchin Slams Sanction Relief for Venezuelan Oil and Gas Read More »
By Irina Slav More From Irina Slav We call them climate crusaders, climateers, a cult, and other, less polite words. Essentially, however, the transition leadership is a club and I only say this because I’m in a good mood this week, seeing as the local case of global boiling has ended for the year. Like every …
Commentary: The “Agenda Seeking” Rules of Energy Transition Club – Irina Slav on Energy Read More »
LONDON, Oct. 19, 2023 /CNW/ – The International Gas Union (IGU), Snam and knowledge partner Rystad Energy, are releasing the 2023 Global Gas Report (GGR), at the Energy Intelligence Forum in London. Report Key Messages Having demonstrated significant resilience in the face of extreme shocks through 2022, the global gas industry came out of the most turbulent year in its …
Wall Street is returning to climate talks that it largely snubbed last year, as the United Arab Emirates steps into the role of host. BlackRock Inc. Chief Executive Officer Larry Fink is among a string of finance heavyweights planning to attend the COP28 summit in Dubai that starts next month, according to people familiar with …
CEOs Speak Out – Larry Fink Leads CEOs Back to COP Talks They Snubbed Last Year Read More »
Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Earlier this week, members of the European Union (EU) met to try and agree on an end date for fossil fuel subsidies. Negotiating between 27 countries proved to be as challenging as an entire season of House of Cards, with some members aiming for 2025 …
ENERGYminute: Calculating Fossil Fuel Subsidies Be Like… Read More »
Summary Iran calls for oil embargo on Israel Jordan cancels summit with U.S., Egyptian, Palestinian leaders Biden arrives in Israel to consult on Gaza conflict U.S. crude stocks fall more than expected -API data China’s Q3 GDP grows 4.9%, above market forecast LONDON, Oct 18 (Reuters) – Global oil benchmark Brent hit $93 a barrel …
Oil Touches Highest Levels in Two Weeks as Middle East Strife Heightens Supply Concerns Read More »
Chesapeake Energy Corp. is considering an acquisition of rival natural gas producer Southwestern Energy Co., according to people familiar with the matter. Chesapeake has held on-and-off discussions with Southwestern for months about a potential combination, said one of the people, who asked to not be identified because the matter isn’t public. No final decision has …
Chesapeake Considers Acquisition of Rival Southwestern Energy Read More »
Bloomberg News European Union countries reached an agreement on an overhaul of the bloc’s power market after Germany and France broke a deadlock on how to treat nuclear power that had been holding back progress for months. It means that member states can now enter talks with the European Parliament over the final shape of the deal, …
EU clinches power market deal after nuclear spat between Germany, France settled Read More »
HOUSTON, Oct 17 (Reuters) – An oil tanker that the U.S. government imposed sanctions on for recently carrying Russian oil above the Western price cap is proceeding to the Baytown refinery in Texas for unloading, Exxon Mobil said on Tuesday. Exxon, the current charterer of the Yasa Golden Bosphorus, was not targeted by the sanctions last …
OilTanker Hit by US Sanctions Heads to Texas for Unloading – Exxon Read More »
U.S. natural gas futures held near a one-week low on Tuesday as a bearish forecast for the weather to remain mostly mild through the end of October and record gas output offset a bullish rise in liquefied natural gas (LNG) exports. Traders noted that even though the weather will remain mostly mild, it is still …
U.S. Natgas Prices Steady as Record Output Offsets Rising LNG Exports Read More »
