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U.S. House Committee Report Finds Wall Street ‘Colluded’ to Curb Emissions

Conventional Energy, Emission Reduction, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By

A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions. The report is the first of its kind produced by the Republican-led Judiciary Committee in the House of …

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What’s Next For Canada? With Major Projects Wrapping Up, What Does Canada’s Energy Future Hold

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, LNG, Natural Gas, Oil, Pipelines / By

‘This is the first time Canada will enter the global marketplace as a global player, so it is an incredibly important change for the industry’ By Mario Toneguzzi With the recent completions of the Trans Mountain expansion and Coastal GasLink pipelines, and the looming completion of LNG Canada within the next year, there are few major …

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Mountain Valley Seeks Authorization for Virginia Natgas Pipe

Energy Topics & Technology, Latest, Natural Gas, US News / By

U.S. natural gas pipeline venture Mountain Valley asked federal regulators on Monday to authorize its Virginia pipeline project to be in service by June 11.The company said in a filing with the Federal Energy Regulatory Commission (FERC) that the final segments of the project were being purged and packed with natural gas. Mountain Valley added …

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COP29 Host Sees Gas Demand Soar Despite Phase-Out Plans

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Azerbaijan has agreed to double gas exports to Europe by 2027 ‘Long list’ of nations asking for gas, deputy minister says Months after the world agreed to transition away from fossil fuels at UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Azerbaijan, …

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U.S. Oil and Gas Production Show Signs of Flattening: Kemp

Conventional Energy, Latest, Natural Gas, Oil, US News / By

U.S. oil and gas production are finally showing signs of flattening out as drilling rigs and well completion crews have been idled in response to the retreat in prices since the middle of 2022. Nationwide crude and condensates production was running at almost 13.2 million barrels per day (b/d) in March 2024 according to the …

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Dive into ‘Close The Divide’ – A Compelling Documentary Now Streaming on Apple TV, Amazon Prime, and YouTube Movies – Learn More

Company Announcements, Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By

                            Dive into Close The Divide, a compelling documentary now streaming on Apple TV, Amazon Prime, and YouTube Movies. This film masterfully explores the pressing issues of climate change amidst the global energy crisis, making it a must-watch for anyone involved in …

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U.S. Henry Hub Natgas Prices Fall to Four-Year Low in May

Conventional Energy, Latest, Natural Gas, US News / By

U.S. spot natural gas prices at the Henry Hub benchmark in Louisiana fell to a four-year low in May, according to data from financial firm LSEG. Gas prices averaged $2.12 per million British thermal units (mmBtu) in May, their lowest since falling to a 25-year low of $1.75 during the month in 2020. That compares …

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Tokyo Gas Seeks More U.S. Natural Gas Assets, President Says

Conventional Energy, Latest, Natural Gas, US News / By

Japan’s top city gas supplier Tokyo Gas is looking to add more U.S. natural gas assets, its president said on Monday, as it aims to expand its gas-related businesses in North America after its recent acquisition of a U.S. shale gas producer. The Japanese company paid $2.7 billion to acquire Texas-based natural gas producer Rockcliff …

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U.S. Oil Producers Maintain Modest Growth as OPEC+ Eyes Extended Cuts

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, Oil, Pinned Primary, Shale, US News / By

(Reuters) – U.S. oil drillers are sticking to pledges to temper spending on boosting output, keeping the world’s top crude producer on course for slower growth in 2024 in what may ease pressure on OPEC+ to make further supply cuts this weekend. The U.S. has driven growth in global oil supply from non-OPEC producers over …

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U.S. Natgas Prices Slide 2% on Bigger-Than-Expected Storage Build

Conventional Energy, Latest, Natural Gas, US News / By

U.S. natural gas futures slid about 2% on Thursday on signs some drillers were starting to pull more gas out of the ground and worries about the tremendous oversupply of gas still in storage with a bigger than expected storage build last week. Prices declined despite forecasts for higher demand next week than previously expected …

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