Introducing ACL Manufacturing’s New Hydrogen Series The hydrogen industry is rapidly growing and evolving, with the potential to become a major player in the transition to a cleaner, more sustainable energy future. As such, the demand for safe and reliable hydrogen combustion systems is on the rise, and manufacturers are racing to develop cutting-edge products …
U.S. natural gas futures rose about 3% on Tuesday on a drop in daily output to a preliminary four-month low and forecasts confirming hotter weather in late June, which should increase demand for gas to produce power for air conditioning. The price increase came even though the amount of gas flowing to U.S. liquefied natural …
US natgas futures rise 3% on output drop, hot late June forecasts Read More »
By Stephen Cunningham Growing concerns about the longevity of US shale production has a number of leading US producers looking for ways to delay the inevitable and squeeze more out of existing plays. While advances in horizontal drilling and hydraulic fracturing (fracking) paved the way for the shale boom by unlocking reserves that were previously …
U.S. Shale Productivity Fears Spur New Technology Drive Read More »
(Reuters) – Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s plunge. But gains were limited as investors remained cautious ahead of key policy decisions by central banks and on weak economic data from China. Brent crude futures climbed $1.47, or 2.1%, to $73.31 a barrel by 1034 …
Oil Prices Rise on Bargain Hunting as Demand Worries Weigh Read More »
Shell Plc’s new Chief Executive Officer Wael Sawan is adamant that the oil giant is undervalued compared to its US peers. Now he’s heading to New York in an effort to prove it. At a presentation on Wednesday, Sawan will give investors their deepest view yet on how he will execute his vision for the …
Shell’s New CEO Goes to New York to Show Oil Investors the Money Read More »
NEW YORK, June 12 (Reuters) – U.S. oil output from top shale-producing regions is due to rise to the highest on record in July, but the size of the increase is expected to be the smallest since December, U.S. Energy Information Administration data showed on Monday. U.S. oil output is expected to rise to 9.38 …
U.S. Oil Output to Rise to Record High in July But Growth Narrowing – EIA Read More »
International companies are catching up fast thanks to digital democracy and education By Geoffrey Cann It’s hard to gauge the state of digital play among the global oil and gas world without some kind of benchmarking effort, but teaching provides a useful proxy source of insight. Many years ago, one of my mentors counseled me …
Is Your Digital Transformation Effort Lagging The Competition? – Geoffrey Cann Read More »
U.S. natural gas prices eased about 1% to a one-week low on Monday on forecasts for less demand than previously expected over the next two weeks, cutting futures volatility to a 13-month low. That price decline came despite a drop in gas exports from Canada due to wildfires and as the amount of gas flowing …
U.S. natgas eases 1% on lower demand forecasts, futures volatility drops Read More »
U.S.-based oil major Chevron will invest more than $500 million to develop the Trapial block in western Neuquen province, home to the massive Vaca Muerta shale basin, Argentina’s economy ministry announced on Friday. The announcement followed a meeting between Economy Minister Sergio Massa and company officials, according to a ministry statement. The new spending plan is …
Argentina says Chevron to invest $500 mln in Vaca Muerta shale area Read More »
A view of Tidewater Renewables’ renewable diesel and renewable hydrogen complex at the refinery in Prince George, British Columbia, Canada June 6, 2023. Tidewater Renewables/Handout via REUTERS WINNIPEG, Manitoba, June 12 (Reuters) – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean …
Rich U.S. Subsidies May Hobble Canada’s Clean-Fuel Efforts Read More »
