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A federal district judge ruled against the Biden administration’s sale of oil and gas drilling rights in the Gulf of Mexico, citing insufficient analysis of the sale’s potential effects on the climate and endangered whales. Summary by Bloomberg AI The judge directed additional arguments on the best remedy, which could include invalidating leases sold in …
Judge Rules Against Sale of Gulf of Mexico Oil Drilling Rights Read More »
(Reuters) – U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied natural gas export plants and a decline in daily output. On its first day as the front month, gas futures for May delivery on the New York Mercantile Exchange rose 11.5 cents, or 2.9%, to …
US NatGas Prices Climb 3% on Record LNG Flows, Lower Daily Output Read More »
Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, marking the second straight month of growth. WHY IT’S IMPORTANT Hiring in the upstream sector, which includes activities related to drilling and producing oil, can serve as an indicator of the health of the oil …
Texas Upstream Oil and Gas Jobs Rise in February, Industry Group Says Read More »
(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 »
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 …
Summary • U.S. LNG capacity could double in the next decade • Investment firms signal future growth in Haynesville with new funds • Operators cautious due to past price volatility and high breakeven costs HOUSTON, March 28 (Reuters) – U.S. natural gas producers and investment firms are gearing up for more activity in Louisiana’s Haynesville …
US Gas Players Refocus on Haynesville Basin, Buoyed by Trump LNG Plans 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 »
