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Norwegian Developer Eyes New LNG Export Project in US Gulf

Conventional Energy, Latest, LNG, US News / By

Crown LNG also pursuing import projects in Scotland, India To-be-disclosed location in US would directly supply importers An upstart liquefied natural gas developer that first considered constructing import terminals in Scotland and India is now turning its sights to building out export capacity from the US Gulf Coast, joining a slew of projects vying to supply the world. Norwegian …

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Texas, California Top U.S. Power Sector’s Battery Pipeline

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

By Gavin Maguire Image: REUTERS/Mike Blake P LITTLETON, Colorado, Sept 11 (Reuters) – California and Texas lead the national charge on grid-scale power sector battery systems, accounting for 72% of the battery networks currently in operation and around 65% of the battery development pipeline. California has the largest footprint of currently deployed utility batteries, with roughly 9,920 …

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U.S. Gulf Coast Energy Facilities Hit by Hurricane Francine

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

Sept 11 (Reuters) – Energy facilities along the U.S. Gulf Coast have scaled back operations and evacuated some production sites as Hurricane Francine passed through the region. Fancine strengthened into a hurricane on Tuesday night and is moving toward the Louisiana coast, the U.S. National Hurricane Center said. About 24% of crude production and 26% …

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US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/bbl

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

(Reuters) – Global oil demand is set to grow to a bigger record this year while output growth will be smaller than prior forecasts, the U.S. Energy Information Administration (EIA) said on Tuesday. The widening supply deficit will increase withdrawals of oil from global stockpiles, pushing Brent crude prices back above $80 a barrel in …

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SLB Says Lithium Breakthrough Brings Full-Scale Plant Closer to Reality

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

Company extracted 96% of lithium from brine at its demo plant Oilfield contractor looks for opportunities to sell technology SLB, the world’s biggest oilfield services provider, said it achieved results at a lithium project that prove it can some day produce the battery metal at a commercial scale with less impact on the environment. In …

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Offshore Wind Proponents Back Harris as Political Risk Mounts

Latest, Renewable Energy, US News, Wind / By

Fundraiser in Midtown Manhattan draws clean-energy advocates Trump has vowed to target offshore wind development if elected Offshore wind proponents gathered in Manhattan on Monday evening to throw support — and dollars — behind Democratic presidential nominee Kamala Harris, underscoring mounting concerns about the electoral risk hanging over the nascent US industry. About 70 to 80 …

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U.S. Oil Demand to Plateau in 2024, EIA Forecasts

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

Global consumption will grow by 1 million barrels a day EIA expects market in deficit due to OPEC+ output cuts US oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration. The agency sees US consumption holding steady at 20.3 million barrels a …

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U.S. Oil Demand to Plateau in 2024, EIA Forecasts

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

Global consumption will grow by 1 million barrels a day EIA expects market in deficit due to OPEC+ output cuts US oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration. The agency sees US consumption holding steady at 20.3 million barrels a …

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US Power Use Forecast to Reach Record Highs in 2024 and 2025, EIA Says

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

(Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected power demand will rise to 4,101 billion kilowatt-hours (kWh) in 2024 and 4,185 billion kWh in 2025. That compares with 4,000 billion kWh …

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Permian Basin Gas Capacity to Increase with Matterhorn Pipeline Launch, EIA Says

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

Natural gas pipeline takeaway capacity in the Permian Basin will increase as the Matterhorn Express pipeline is expected to start operating this month, the U.S. Energy Information Administration (EIA) said on Tuesday. Matterhorn, a joint venture with Whitewater, EnLink Midstream, Devon Energy, and MPLX, will transport natural gas from the Permian Basin to Katy near …

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