(Reuters) – U.S. energy firms this week added drilling rigs for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by five to 549 in the week to December 5, its highest …
US Drillers Add Rigs for Fourth Time in Five Weeks, Says Baker Hughes Read More »
Canadians support agreement between Alberta and Ottawa and the major economic opportunities it could unlock for the benefit of all By Danielle Smith Original: financialpost.com/news/economy/danielle-smith-canada-first-step-becoming-energy-superpower If Canada wants to lead global energy security efforts, build out sovereign AI infrastructure, increase funding to social programs and national defence and expand trade to new markets, we must …
Danielle Smith: Canada Has Taken The First Step to Becoming An Energy Superpower Read More »
By Scott Disavino US central bank expected to cut rates next week Russia-Ukraine talks stall, affecting oil supply outlook OPEC+ production steady, geopolitical tensions influence prices NEW YORK, Dec 5 (Reuters) – Oil prices edged up nearly 1% to a two-week high on Friday on increasing expectations the U.S. Federal Reserve will cut interest rates …
Oil Climbs to 2-Week High on Fed Rate-Cut Signals, Supply Concerns Read More »
The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia’s northwest coast. The development will be used as backfill for the existing LNG export concern and will link the offshore Geryon and Eurytion …
Chevron’s Gorgon LNG Project Secures $2 Billion Investment Nod Read More »
A Canadian pipeline boss led a new report advising the Trump administration on how to more quickly build new oil and gas infrastructure in the United States amid a push north of the border to do the same. U.S. Energy Secretary Chris Wright requested …
(Reuters) – U.S. natural gas futures edged up about 1% to a 35-month high on near-record flows of gas to liquefied natural gas (LNG) export plants and as extreme cold boosted heating demand and cash prices in several regions to their highest since last winter. Limiting Thursday’s price increase for most of the trading day …
(Reuters) – Congressional lawmakers on Thursday voted to repeal a Biden-era policy that limited the amount of land in an Alaska wildlife refuge that could be leased for oil and gas development. The U.S. Senate voted 49-45 to approve a resolution that revokes the Interior Department’s 2024 rule governing energy development on the 1.56-million-acre Coastal …
US Congress Repeals Biden-Era Limits on Oil and Gas in Alaska Refuge Read More »
(Reuters) – Congressional lawmakers on Thursday voted to repeal a Biden-era policy that limited the amount of land in an Alaska wildlife refuge that could be leased for oil and gas development. The U.S. Senate voted 49-45 to approve a resolution that revokes the Interior Department’s 2024 rule governing energy development on the 1.56-million-acre Coastal …
US Congress Repeals Biden-Era Limits on Oil and Gas in Alaska Refuge Read More »
(Reuters) – Glenfarne’s Alaska LNG unit said on Thursday it finalized an agreement to supply 1 million tonnes per annum of liquefied natural gas to South Korean trading firm POSCO International for 20 years from its planned export project. This follows a preliminary agreement signed in September. Global demand for the superchilled fuel has surged …
Glenfarne Finalizes 20-Year LNG Supply Deal With South Korea’s POSCO Read More »
(Reuters) – Glenfarne’s Alaska LNG unit said on Thursday it finalized an agreement to supply 1 million tonnes per annum of liquefied natural gas to South Korean trading firm POSCO International for 20 years from its planned export project. This follows a preliminary agreement signed in September. Global demand for the superchilled fuel has surged …
Glenfarne Finalizes 20-Year LNG Supply Deal With South Korea’s POSCO Read More »
