Private Midstream Executives: More M&A, More Demand, More Gas Pricing Woes
Private midstream CEOs discuss the growth, opportunities and challenges that lie ahead.
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Natural Gas Storage Moves Closer to Average
Producers put 76 Bcf of natural gas into U.S. storage—a little less than market expectations—as the traditional storage season nears an end and prices continue to fall.
Companies Take Advantage of ABSs to Finance Acquisitions
Some companies have taken advantage of asset-backed securitizations to monetize some of their cash flows and better position themselves for a sale.
LNG Tanker Glut Is Softening Blow for Consumers Facing High Gas Prices
Spot LNG shipping rates are declining atypically this year Vessel additions, trade patterns help curb cost of transport Ships that carry liquefied natural gas are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers from paying even more for energy this winter. The …
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Supreme Court Allows EPA Power Plant Pollution Curbs for Now
Justices won’t block rule while case appeal plays out Power, mining companies sought to halt EPA regulation The US Supreme Court let the Environmental Protection Agency move ahead with its stringent new emissions limits for power plants, rebuffing businesses and Republican-run states that complained the rule will impose exorbitant compliance costs. The high court order is a major boost …
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World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says
Demand for all fossil fuels to stop growing this decade World enters ‘Age of Electricity’ with EV sales set to climb The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Global demand for all fossil fuels will …
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Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 million
Oct 17 (Reuters) – Schneider Electric will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres. The all-cash deal, expected to close in the coming quarters, will give Schneider a stake of …
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US Offers Conditional Loan Guarantees Worth About $3 bln for Two Sustainable Aviation Fuel Projects
The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 billion for two sustainable aviation fuel projects.The agency’s Loan Programs Office said the funding of up to $1.44 billion to Calumet’s unit would support the expansion of its facility in Montana. The facility will utilize vegetable oils, …
California Mergin’: CRC-Aera Combination Creates Golden State Scale
CRC President and CEO Francisco Leon believes the state needs to bolster its own oil and gas production—not all citizens and lawmakers agree.
Nuclear Renaissance Must Still Solve for Spent Fuel
As nuclear power companies gear up to revive old reactors and build a generation of new ones to meet burgeoning power demands for artificial intelligence, cryptocurrency and electric vehicles, they still face a daunting risk-management task: what to do with thousands of tons of spent reactor fuel. The U.S. nuclear-power renaissance is plunging ahead without …
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