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Petrochemical Plant Wins US Loan Despite Biden Climate Vow

Malaysia project secures $690 million Export-Import Bank loan Biden issued order to curb funding for fossil fuel projects The US Export-Import Bank authorized a $690 million loan to help help build a petrochemical plant in Malaysia, despite objections from climate activists who say the project flouts Biden-Harris administration promises to halt financing for fossil fuel projects abroad. The loan approved …

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US Expands Sanctions on Iran Oil Sector Over Israel Attack

Move comes with Israeli retaliation expected at any time Order relies on Trump-era push to choke off Iran’s economy The US broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran ahead of Israeli retaliation that’s expected any day. …

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First-half 2024’s US LNG Exports Rise 3%, DOE Says

U.S. LNG exports rose 3% in the first half of 2024 compared to the same six month period in 2023 and the top 10 countries importing U.S. LNG accounted for 67% of the North American country’s LNG exports in the first half of 2024, according to a recent report from the U.S. DOE.

Hazloc Heaters™ receives UKEX approval for the United Kingdom on the AEU1 Series of Explosion-Proof Heaters!

Calgary, Alberta, Canada: October 11, 2024 – Hazloc Heaters, a leading manufacturer of industrial unit heaters for hazardous and severe-duty locations, is pleased to announce that we have received the approval to use the UKCA (UK Conformity Assessed) marking on the AEU1 series of Explosion-Proof Electric Air Heaters for hazardous locations. The new UKCA marking …

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Drilling Activity in US Rockies, Midwest Fell for Seventh Quarter in a Row, Kansas Fed Says

(Reuters) – Oil and gas activity in the U.S. Midwest and Rockies declined during in the third quarter, marking its seventh consecutive quarterly drop, according to survey results released on Friday by Federal Reserve Bank of Kansas City. The survey, conducted in mid-September, covers companies drilling in Kansas, Colorado, Nebraska, Oklahoma and the northern half …

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US Drillers Add Oil and Gas Rigs for First Time in Four Weeks, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 586 in the week to Oct. …

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Double-Punch Storms Thrust Climate Into the US Presidential Race

The strikes by Hurricanes Helene and Milton have made dealing with climate disasters a major issue in the contest’s final weeks. Back-to-back, catastrophic strikes by Helene and Milton in the southeastern US are reshaping the presidential race, putting climate disasters front and center in the final stretch of Vice President Kamala Harris and former President …

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