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Exxon Louisiana Refinery Gasoline, Diesel Units Shut for Work

Conventional Energy, Latest, Oil, US News / By

 Exxon Mobil Corp began on Saturday a planned overhaul on a fluidic catalytic cracker (FCC) and the hydrocracker at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana, refinery, people familiar with plant operations said on Monday.The 110,000-bpd gasoline-producing FCC and 23,000-bpd diesel-producing HCLA hydrocracker were shut on Saturday for the two-month long overhaul, the sources said. …

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Commentary: Four Supply and Demand Imbalances That Foreshadow Rising Energy Risks – Geoffrey Cann

Latest, US News / By

Energy risks are suddenly front page news, but the signs were there all along, provided you knew what to look for. These risks evolve from basic supply and demand forces in the energy industry. Balancing the supply of, and the demand for, energy perfectly, with all its necessary infrastructure and services, all the time, everywhere, for everyone, across …

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Oil Creeps Higher as Geopolitics Outweigh Demand Concerns

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices edged higher on Monday as traders weighed the impact of wars in the Middle East and Ukraine on oil supply against economic headwinds pressuring global oil demand. Brent crude rose 22 cents to $78.78 a barrel by 1141 GMT. The front-month U.S. West Texas Intermediate crude futures contract for February delivery …

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Climate Test for Natural Gas Exports Splits White House Advisers

Conventional Energy, Latest, LNG, US News / By

Election-year climate review fraught for President Joe Biden Liquefied natural gas projects worth billions hang in balance By Jennifer Jacobs, Jennifer A Dlouhy, and Ari Natter President Joe Biden’s top advisers are divided over how much to ramp up environmental scrutiny of licenses to ship natural gas abroad as companies and industry groups warn it could slow development of new export terminals, …

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Exxon Sues ESG Investors to Stop Climate Proposals on Ballot

Conventional Energy, Energy Topics & Technology, ESG, Latest, Oil, Tri-Pinned, US News / By

Texas oil giant wants court to interpret SEC rule-making Exxon names Follow This, Arjuna Capital as defendants in case Exxon Mobil Corp. filed a lawsuit against US and Dutch climate activist investors in an effort to remove what it describes as their “extreme agenda” from the ballot at its annual shareholder meetings, and force a stricter …

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U.S. Oil Production Falls by 10 Million Barrels Amid Cold Snap

Conventional Energy, Latest, Oil, US News / By

Extreme cold disrupts natural gas systems linked to wells North Dakota sees ‘long, slow recovery’ from frigid weather The wintry weather that blanketed parts of Texas in snow and hammered North Dakota with extreme cold has knocked out millions of barrels of US oil production, and the industry is expected to need weeks to restore …

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Biden Urged to Keep LNG Exports Flowing to Help Kill Off Coal

Conventional Energy, Latest, LNG, US News / By

Natural gas producers and pipeline companies are warning the Biden administration against any move to pause US liquefied natural gas export approvals, saying it would squander the climate benefits of replacing dirtier coal-fired power worldwide. “US LNG is the single most powerful tool the world has to reduce global emissions by displacing coal use around the globe,” …

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North Dakota Oil Output Could Take a Month to Recover From Freeze

Conventional Energy, Latest, Oil, US News / By

North Dakota’s oil output could take about a month to recover after a severe freeze cut production by more than half this week, state officials said on Friday. Oil output in the third-largest oil producing state was estimated to be down 350,000 barrels per day (bpd) to 400,000 bpd, or about 30%, on Friday, according …

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U.S. Supreme Court Ruling on Agency Powers May Impact Biden ESG Investing Rule

Energy Topics & Technology, ESG, Latest, US News / By

An impending U.S. Supreme Court ruling that could curb the regulatory powers of federal agencies may play a critical role in a challenge by Republican-led states to a rule issued by President Joe Biden’s administration allowing socially conscious investing by employee retirement plans, a court filing filed.The 26 states, led by Utah and Texas, asked …

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