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

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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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China Defies Sanctions to Make Russia its Biggest Oil Supplier in 2023

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BEIJING, Jan 20 (Reuters) – Russia leapfrogged Saudi Arabia to become China’s top crude oil supplier in 2023, data showed on Saturday, as the world’s biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants. Russia shipped a record 107.02 million metric tons of crude oil to China …

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

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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

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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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U.S. Buys 3.2 Million Barrels of Oil for Strategic Petroleum Reserve

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The United States bought 3.2 million barrels of oil for the Strategic Petroleum Reserve, as it continues to slowly replenish the stash after selling a record amount following Russia’s invasion of Ukraine in 2022, a Department of Energy document showed on Friday. The U.S. bought 1.4 million barrels from Exxon Mobil, 600,000 barrels from Macquarie Commodities …

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Natural Gas – A Foundational Fuel in a Secure Global Energy Future

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Consensus is growing that natural gas will continue to fill a key role in a secure global energy future, and producers are continuing to strive for better environmental performance and greater transparency on impacts. In recent years, this has translated into a growing movement to certify natural gas as “responsibly produced” using a number of …

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US Drillers Add Oil and Gas Rigs for First Time in Three Weeks – Baker Hughes

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By Scott Disavino Jan 19 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose …

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INFOGRAPHIC: Industrial Energy Use by State/Province – ENERGYminute

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By Aaron Foyer Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Energy used in industry is a significant aspect of global energy consumption, encompassing a diverse range of activities, each with its own energy requirements. Here’s an overview: Types of Energy Used Industrial energy consumption involves various types of energy sources. The most …

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U.S. Says Houthis Launched Missiles at Tanker Ship but No Damage Caused

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The Iran-backed Houthi militia launched two anti-ship ballistic missiles at a U.S.-owned tanker ship late on Thursday that hit the water near the vessel but caused no injuries or damage, the U.S. military said. The incident, the latest amid growing tensions in the Red Sea that have disrupted global trade and raised fears of supply …

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Norway Loses Court Battle With Climate Groups on Oil Fields

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Source: Equinor Climate activists won a court case in Norway against the state over development plans at a handful of oil and gas fields under the sea off the Nordic country’s coast. Greenpeace Norway and Young Friends of the Earth argued that development plans at the Breidablikk, Tyrving and Yggdrasil fields, approved by the ministry …

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