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U.S. Natgas Jumps 9% to 3-Wk High on Cooler Forecasts, Record LNG Feedgas

U.S. natural gas futures jumped about 9% to a three-week high on Monday on forecasts for cooler weather and more heating demand over the next two weeks than previously expected. Prices were also rising as the amount of gas flowing to U.S. liquefied natural gas (LNG) export plants remained on track to hit a record …

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Fossil Fuels Find a Loophole in the Latest G-7 Climate Pledge

The meeting of Group of Seven energy and environment ministers ended Sunday without a deadline to halt new coal investments or the kinds of firm commitments that climate advocates have said are necessary to limit global warming. In its official communique, the Group of Seven ministers pledged to work toward cleaning emissions from power generation …

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What is Managed Pressure Drilling (MPD)? Check out Beyond Energy’s MPD packages!

Managed Pressure Drilling (MPD) is a drilling technique used in the oil and gas industry to better control the pressure profile in the wellbore during drilling operations. MPD is used when conventional drilling techniques cannot be used because of narrow margins between pore pressure and fracture pressure or when drilling through challenging formations, such as …

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G7 ministers agree to cut gas consumption and speed-up renewable energy

SAPPORO, Japan, April 15 (Reuters) – The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants, France’s energy transition minister said on Saturday. G7 environment and energy ministers, however, could not agree on a …

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OPEC+ Cuts Intensify the ‘Siege’ on Oil Consumers, IEA Warns

OPEC+ production cuts are likely to drive up oil prices and inflict more pain on consumers already squeezed by high inflation, the International Energy Agency said. Global oil markets — already on track for a supply deficit before Saudi Arabia and its partners unveiled the surprise curbs — will tighten more than previously expected, forcing …

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U.S. Oil Activity in Colorado, Wyoming Slips, Further Slowing Ahead

(Reuters) – Oil and gas activity in the U.S. Midwest and Mountain West states declined in the first quarter and is expected to continue to slow, according to a survey released on Friday by the Federal Reserve Bank of Kansas City. The first quarter’s drilling and business activity index decreased to -13 from 6, according …

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Oil Posts Fourth Weekly Gain as IEA Sees Higher Price Threat

Oil rose for the fourth straight week, supported by signs of a tightening global market that have the International Energy Agency warning of higher prices ahead.West Texas Intermediate settled above $82 a barrel, posting its longest run of weekly advances since June. Crude is hovering near five-month highs after OPEC+ surprised the market with plans …

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U.S. oil & gas rig count falls for third week in a row – Baker Hughes

April 14 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes Co BKR.O said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by three to 748 in …

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Components of An Electric Vehicle Battery – ENERGYminute

Courtesy of ENERGYminute   See more articles and infographics from ENERGYminute HERE An electric vehicle battery is typically made up of several components, including: Electrodes: The positive and negative electrodes are the heart of the battery. They are usually made of a metal oxide for the positive electrode and graphite for the negative electrode. Separator: The separator is a …

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Mapped: Air Pollution Levels Around the World in 2022 – Visual Capitalist

Courtesy of Visual Capitalist – See More From Visual Capitalist HERE The World Health Organization (WHO) estimates that air pollution leads to 7 million premature deaths every year. Out of the six common air pollutants, particulate matter measuring 2.5 microns or smaller in diameter, or PM2.5, is accepted as the most harmful to human health. This is due to …

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