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U.S. Court Orders Federal Regulators to Assess Emissions of Louisiana LNG Project

Conventional Energy, Latest, LNG, Pinned Primary, US News / By

Summary Court did not overturn FERC’s 2022 approval Environmental groups argue FERC ignored climate risks Commonwealth expects final investment decision by first-half 2025 (Reuters) – A U.S. court on Tuesday ordered federal regulators to reassess the impact of greenhouse gas emissions from Commonwealth LNG’s Louisiana liquefied natural gas project, potentially slowing full approvals for the …

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Nearly a Million Homes, Businesses in Texas Still Without Power After Hurricane Beryl

Electricity Grid, Energy Topics & Technology, Latest, Pinned Primary, US News / By

By Arathy Somasekhar (Reuters) – Nearly a million homes and businesses in Texas remained without power on Friday, five days after Hurricane Beryl made landfall with fierce winds and rain that knocked down trees and electricity infrastructure. CenterPoint Energy , the largest power provider in Texas, said about 860,000 of its customers remained affected. It has …

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Oil Prices Little Changed, Concerns About Damage From Hurricane Ease

Conventional Energy, Latest, Oil, Pinned Primary, US News / By

(Reuters) – Oil prices were little changed early on Tuesday after a hurricane that hit a key U.S. oil producing hub in Texas caused less damage than expected. Brent futures fell 4 cents to $85.71 a barrel by 0113 GMT, while U.S. West Texas Intermediate (WTI) crude fell 5 cents to $82.28. Although oil refining …

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Texas Energy Industry Assesses Damage After Hurricane Beryl Batters Gulf Coast

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

(Reuters) – The Texas energy industry was evaluating the impact from Hurricane Beryl on Monday after the powerful storm lashed the U.S. Gulf Coast, closing key shipping ports and hitting the oil refining and production sectors. Beryl made landfall near the coastal town of Matagorda, Texas, on Monday morning, packing maximum sustained winds of 80 …

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Texas Energy Industry Braces for Beryl as Storm Makes Landfall

Conventional Energy, Latest, Oil, Pinned Primary, US News / By

HOUSTON, July 8 (Reuters) – The Texas energy industry braced for Hurricane Beryl’s impact on Monday, with threats from the powerful storm forcing the closure of key oil and gas shipping ports, slowing refining and prompting the evacuation of some production sites. Beryl, which made landfall near Matagorda, Texas, packing maximum sustained winds of 80 …

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Tropical Storm Beryl to Have Little Impact on U.S. Offshore Oil Output

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Pinned Primary, US News / By

Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution. Beryl was downgraded from a hurricane and shifted over Mexico’s Yucatan Peninsula with maximum sustained winds dipping to 70 mph (113 kph), the U.S. National …

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Federal Judge Halts U.S. Government’s Ban on LNG Permits

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A federal judge on Monday blocked the U.S. government’s ban on approving applications to export liquefied natural gas (LNG), in response to a lawsuit by Republican-led states. U.S. District Judge James Cain Jr, in Louisiana, a Trump appointee, ruled that the LNG export ban “be stayed in its entirety, effective immediately.” A coalition of 16 …

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U.S. Drillers Cut Oil and Gas Rigs for 4th Week to Lowest Since Dec 2021 -Baker Hughes

Conventional Energy, Latest, Pinned Primary, US News / By

June 28 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row to the lowest since December 2021, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday. The oil and gas rig count, …

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U.S. Ready to Re-open Oil Stockpile if Petrol Prices Surge Again, FT Reports

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, Pinned Primary / By

The Biden administration is ready to release more oil from the U.S. strategic stockpile to stop any jump in petrol prices this summer, the Financial Times reported on Monday. Senior Biden adviser Amos Hochstein told the newspaper that oil prices are “still too high for many Americans” and he would like to see them “cut …

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Oil Dips, but Posts Weekly Gain on Solid 2024 Demand Outlook

Conventional Energy, Latest, Oil, Pinned Primary, US News / By

Summary Brent, WTI post highest weekly increase since April U.S. consumer sentiment deteriorated to seven-month low in June EIA upgraded oil demand growth estimates for 2024 slightly U.S. oil rig count hits the lowest since January 2022 NEW YORK, June 14 (Reuters) – Oil futures prices settled slightly lower on Friday after a survey showed …

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