Liberty Energy CEO Chris Wright, Trump’s nominee to head the Department of Energy, said removing bureaucratic barriers to project development would be a top priority during a Senate confirmation hearing on Jan. 15.
Utility companies are planning 17.5 GW of new gas-fired capacity in the coming years in preparation to meet increasing power demands from data centers.
(Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2 million barrels to 412.7 million barrels in the week ending Jan. 10, the EIA said, compared with analysts’ expectations in a Reuters poll for a 992,000-barrel draw. Crude …
US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says Read More »
(Reuters) – U.S. natural gas futures rose about 1% to a two-year high on Wednesday on forecasts for more frigid weather over the Martin Luther King Jr Day holiday weekend than previously expected, which could freeze gas wells and pipes and boost gas demand for heating to a record high. Front-month gas futures for February …
US NatGas Prices Rise to 2-Year High on Record Demand Forecasts Read More »
Crude inventories fell by 2 MMbbl to 412.7 MMbbl in the week ending Jan. 10, the EIA said, compared with analysts’ expectations in a Reuters poll for a 992,000-bbl draw.
Civitas Resources could potentially sell its legacy Colorado position and buy more assets in the Permian Basin— possibly Double Eagle’s much-coveted position, according to analysts and media reports.
Pipeline proponents are facing challenges and have been hampered by the lack of clarity regarding CO2 pipeline safety regulations.
Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.
The latest IEA’s Monthly Oil Statistics report including October 2024 data shows that for Total OECD: Total OECD production of crude oil, NGL and refinery feedstocks increased by 2.1% in October 2024 compared to October 2023. Refinery gross output of total products increased by 1.4% on a year-on-year basis. Net deliveries of total products increased …
The latest IEA’s Monthly Gas Statistics report including October 2024 data shows that for Total OECD: Production of natural gas decreased by 1.0% compared to October 2023. Imports (entries)1 of natural gas remained stable (0.0%) compared to October 2023, and total OECD exports (exits)1 decreased by 0.7% in the same period. Gross consumption of natural …
