LNG Investments Hit Record In 2019
Investments in liquefied natural gas since the start of the year have hit an all-time high of $50 billion, the International Energy Agency’s head, Fatih Birol, told an industry conference. Continue Reading
Traders Scramble To Find ‘Plan B’ As Sanctions Ground Chinese Oil Tankers
Oil traders around the world are scrambling to avoid being involved in the latest U.S. sanctions regarding Iranian oil after the United States imposed on Wednesday sanctions on a number Continue Reading
E.P.A. to Accuse California of ‘Significant’ Air and Water Problems – The New York Times
The Trump administration on Thursday, pressing the president’s complaints about homelessness in California, demanded the state improve the way it deals with human waste, arsenic and lead in water as Continue Reading
Scientific Breakthrough? A New Way To Make Electricity From Heat
A team of scientists say they have found a new way to generate electricity from capturing heat with the help of magnetic particles that were thought to have been useless Continue Reading
When it comes to acknowledging humans’ role in climate change, oil and gas industry lawyer says ‘that ship has sailed’
In a closed-door meeting of oil and gas executives, this summer in Colorado Springs, industry lawyer Mark Barron offered a bold proposal: Energy companies must accept that fossil fuels are Continue Reading
Permian Gas Pipeline Starts Up
Gulf Coast Express ships natural gas from the Waha to Agua Dulce hubs. The new Gulf Coast Express Pipeline (GCX) has begun full commercial service, delivering natural gas from the Continue Reading
Oil Prices Slide On Bearish Crude Inventory Data
Crude oil deepened its latest losses after the Energy Information Administration reported a 2.4-million-barrel build in crude oil inventories for the week to September 20. This compares with a build Continue Reading
Analysis: US crude stocks climb as refiners reduce runs
US crude stocks climbed 2.4 million barrels in the week that ended September 20 to 419.54 million barrels, as refiners reduced runs heading into the fall maintenance season, US Energy Continue Reading
EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia – Today in Energy – U.S. Energy Information Administration (EIA)
In its newly released International Energy Outlook 2019 (IEO2019) Reference case, the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and Continue Reading
Despite Saudi turmoil, fresh global oil shock unlikely
The effects of a possible oil shock, however, ‘should not be underestimated,’ the Commerzbank economists warned. Many economies have taken strides away from heavy oil consumption, thanks to transport and Continue Reading