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U.S. natural gas futures held near a one-month low on Tuesday on forecasts for milder weather and less demand over the next two weeks than previously expected, ample gas in storage and as the amount of gas flowing to liquefied natural gas (LNG) export plants remain low. On its last day as the front-month, gas …
U.S. Natgas Prices Little Changed at One-Month Low on Mild Weather Read More »
Bloomberg Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into a void left by banks exiting assets they worry pose too big a climate risk. The value of private credit deals in the oil and gas industry topped $9 billion in the 24 months through 2023, …
Banks Shying Away From Fossil Fuels Bolster Private Credit Deals Read More »
CALGARY, AB, March 26, 2024 /CNW/ – Enbridge Inc. (“Enbridge”) (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement with WhiteWater/I Squared Capital (“WhiteWater/I Squared”) and MPLX LP (“MPLX”) to form a joint-venture that will develop, construct, own, and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing …
March 26 (Reuters) – Enbridge will form a venture with WhiteWater/I Squared Capital and MPLX to operate natural gas pipeline and storage assets connecting Permian Basin supplies to the growing LNG and U.S. Gulf Coast demand, the Canadian pipeline operator said on Tuesday.
Exxon Mobil Corp on Tuesday gave a dire warning about the outlook of Australia’s domestic gas supply, joining other gas producers in calling for policy stability and more investment in the sector. There is an urgent need for new investment in domestic gas supply and infrastructure to provide energy security and affordability for households and businesses, …
Exxon Warns Australia Faces Sharp Drop in Gas Supply, Calls for Policy Stability Read More »
The U.S. Bureau of Land Management did not adequately analyze the potential climate change and wildlife impacts of a major oil and gas lease sale covering roughly 120,000 acres of federal land in Wyoming, a U.S. judge has said. U.S. District Judge Christopher Cooper in Washington, D.C., ruled on Friday that conservation groups had shown …
Environmental Ruling Threatens Wyoming Oil and Gas Drilling Leases Read More »
(Reuters) – An underground gas storage site in Ukraine was attacked on Sunday in the latest wave of Russian missile strikes on power facilities, while officials restored power in cities, ordered imports and imposed rolling blackouts to deal with shortfalls. Ukraine’s state-run Naftogaz energy firm reported the attack on the gas storage site (UGS), but …
Russia Attacks Ukrainian Gas Storage Site; Ukraine Ramps up Power Imports Read More »
The outlook was robust at CERAWeek, and that may have profound implications for the energy transition. If you’re looking for a word to sum up this year’s CERAWeek by S&P Global, try this one: demand. Whether they were discussing oil, gas, power or renewables, speakers at the giant Houston talkfest were optimistic about consumption. Any …
From AI to Oil, Demand Dominates the Talk in Houston – CERAWeek Key Takeaways Read More »
U.S. energy firms this week cut the number of natural gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to …
U.S. Gas Rig Count Falls to Lowest Since January 2022 – Baker Hughes Read More »
U.S. natural gas futures eased about 1% to a three-week low on Thursday on forecasts for milder weather over the next two weeks than previously expected, ample gas in storage and expectations gas flows to liquefied natural gas (LNG) export plants would remain low through May due to outages at Freeport LNG’s plant in Texas. …
U.S. Natgas Prices Ease 1% to Three-Week Low on Mild Forecasts Read More »
