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(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three 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, fell by one to 592 in …
US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says Read More »
By Tim Boersma and Gautam Jain March 28 – The Trump administration’s broad policy goal of achieving “energy dominance” may run into headwinds in the country’s largest export market, the European Union, due to new methane regulations. While European Commission President Ursula von der Leyen has indicated that the EU may be willing to import …
COMMENTARY: US LNG Exporters Could Hit Methane Snag in Europe Read More »
Glenfarne, Alaska Gasline Development Corporation Sign Binding, Definitive Project Development Agreements Enhancing Momentum For The Project Alaska LNG Pipeline Final Investment Decision Anticipated in 2025 ANCHORAGE, Alaska & NEW YORK–(BUSINESS WIRE)–Today, Glenfarne Alaska LNG, LLC, an affiliate of Glenfarne Group, LLC, (together as ”Glenfarne”), and the Alaska Gasline Development Corporation (“AGDC”) signed definitive agreements for …
Glenfarne Becomes Lead Developer for the Alaska LNG Project Read More »
5 answers AlexAI gave to user questions this week. By Alex Epstein Significant advances in LLMs plus the great work of my AI team are making my AI, AlexAI, better than ever. Here are 5 answers AlexAI gave to user questions this week. Want to ask AlexAI a question, have a discussion with him, or have him help …
• Indian companies in talks with US companies for long-term LNG deals • India also looks to boost import of ethane, propane, butane • US second biggest LNG supplier to India NEW DELHI, March 28 (Reuters) – India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost …
India Weighs Scrapping Import Tax on US LNG, Boosting Purchases, Sources Say Read More »
Canada will wait until next week to strike back against the latest U.S. threat of tariffs and nothing is off the table regarding possible countermeasures, Prime Minister Mark Carney said on Thursday. Carney, warning Canadians that tough times lay ahead, also lamented what he said was the end of a long, mutually beneficial economic and …
By Scott Disavino US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in March US gas inventories on track for unusual build in March March 27 (Reuters) – U.S. natural gas futures climbed about 2% on Thursday on a decline in daily output, record …
US NatGas Prices Climb 2% on Decline in Daily Output, Record LNG Flows Read More »
European natural gas extended declines as ample supplies of LNG and warmer weather eased pressure on inventories after a rocky start to the year. Benchmark futures fell as much as 2.7%, with monthly imports of liquefied natural gas into northwest Europe set to jump more than 25% from a year earlier. Prices subsequently recouped some of that loss …
European Gas Extends Drop With LNG Helping to Ease Supply Fears Read More »
Shell CEO Wael Sawan says the company will continue to look for potential acquisitions, but warns of the risks of pursuing a major deal. Summary by Bloomberg AI Sawan expects smaller-scale, bolt-on acquisitions centered around upstream production, and says the company is always looking at dealmaking prospects in Europe and beyond. Summary by Bloomberg AI …
Shell CEO Says Pursuing Major Deal Risks Being a Distraction Read More »
By Mitchell Ferman and James Herron Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas. The London-based energy giant will expand LNG sales, the key driver of profit growth in recent years, by 4% to 5% annually …
Shell Vows to Raise Investor Returns as It Bets Big on LNG Read More »
