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Month: July 2022

Category:
  • Argentina

Argentine province awards Vaca Muerta pilot oil concessions to Pluspetrol

Argentina’s Neuquen province, home to the huge Vaca Muerta shale oil and gas formation, has awarded two new concessions to energy firm Pluspetrol, the local government said on Friday, with Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • USA

U.S. LNG exports fall to lowest since Feb after Freeport explosion -data

 U.S. exports of liquefied natural gas (LNG) in June fell to the lowest in four months, data from Refinitiv Eikon showed, after the country’s second-largest LNG plant was shut by Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Shipping
  • USA

Shippers lobby Biden as dreaded West Coast port labor contract expiry looms

More than 150 local, state and national trade associations implored U.S. President Joe Biden to push for a smooth and swift resolution to West Coast port labor talks ahead of Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Economy
  • USA

U.S. factory activity slows to two-year low as clouds gather over economy

 U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, signs that the economy was cooling amid Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

As Federal Climate-Fighting Tools Are Taken Away, Cities and States Step Up

Legislators in Colorado, historically a major coal state, have passed more than 50 climate-related laws since 2019. The liquor store in the farming town of Morris, Minn., cools its beer Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Rig Count Slips

The number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Exxon

Exxon Sees $5.5 Billion Refining Windfall as Gas Prices Soar

Exxon Mobil Corp. ’s second-quarter refining earnings surged by as much as $5.5 billion, signaling a season of windfall profits for the fuel-making sector as consumers bear the burden of Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Exxon

Exxon Says Quarterly Profit Could Hit $18 Billion

Exxon Mobil Corp. is forecasting banner second-quarter earnings that could come in as high as about $18 billion, largely on higher oil-refining margins and rising prices for oil, natural gas Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Biden releases five-year offshore leasing plan Friday

President Biden’s administration opened the door Friday to more offshore oil and gas drilling in federal waters over the next five years, setting a potential course for future U.S. fossil fuel extraction Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Offshore
  • USA

US Interior proposes up to 11 offshore oil, gas lease sales in 2023-2028

The Biden administration proposed July 1 offering oil and natural gas drillers no more than 10 lease sales for offshore Gulf of Mexico acreage and a single auction for Alaska Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple

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