(Reuters) – The European Commission proposed rules on Monday requiring data centres in Europe to disclose how efficiently they use energy and water, as concerns grow over their consumption of resources. The EU wants to triple its data centre capacity over the next seven years, to support the rapid development of artificial intelligence and …
EU to Require Data Centres to Disclose Energy and Water Efficiency Read More »
Summary Shell says net LNG supply loss this year is around 5 million tons PTT looks to Oman, North America and West Africa for LNG supplies East Timor plans LNG plants with 5 million tons and 1.5 million tons capacity BANGKOK, Sept 21 (Reuters) – LNG buyers are looking to diversify sourcing as the US-Israeli …
LNG Buyers and Sellers Seek Greater Supply Diversity Amid Iran War Read More »
By Reuters (Reuters) – Halliburton has signed memorandums of understanding with Brazilian energy company Eneva and WESCA to pursue oil and gas development opportunities in Venezuela, the U.S. oilfield services provider said on Monday, as companies seek a potential revival of investment in the country’s long-underdeveloped energy sector Companies with existing positions in Venezuela, as …
Halliburton Signs Venezuela Energy Pacts With Eneva, WESCA Read More »
(Reuters) – Chicago Fed president Austan Goolsbee said he is open to the possibility that inflation will begin declining to the 2% target, but if that does not happen interest rates will need to rise. “Right now, we do not have an employment problem, and we do have an inflation problem,” Goolsbee said. “I’m open …
Goolsbee: Clear ‘What Has to Happen’ if Inflation Does Not Decline Read More »
(Reuters) – Houthi fighters were pushing to seize strategic heights in Yemen on Monday to cut off the Red Sea coast from remaining areas held by Saudi-backed forces, after a report that President Donald Trump had called off US strikes on the group at the last minute. A lightning advance by the Iran-backed group this …
(Reuters) – A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy market’s new normal. Several miles off Oman’s coast, south of the Strait of …
Hormuz Shuttles Keep Oil Flowing, But at a High Cost: Bousso Read More »
(Reuters) – Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people familiar with the matter told Reuters. The expansion would add a further 14 million metric tons per annum (mtpa) of liquefied natural gas export capacity to the …
ENERGY NORTH: Shell-Led LNG Canada Could Approve Phase 2 Expansion By Early October Read More »
Summary North American diesel storage available for lease hits four-year high in October, The Tank Tiger says US diesel stocks lowest for this time of year on record, EIA says EIA forecasts US distillate inventories below 100 million barrels in September through end-2026 (Reuters) – A global diesel shortage fueled by wars in Iran and …
Global Diesel Shortage Likely to Last into 2027 as Storage Tanks Drain Read More »
EnergyNow Media Allison Minor says attacks on Saudi energy infrastructure, disrupted shipping routes and the Trump administration’s reluctance to intervene are creating continued upside risk for oil prices. Global oil prices are unlikely to decline significantly in the coming months as escalating Houthi attacks threaten Saudi Arabia’s energy infrastructure and critical Red Sea export routes, …
EnergyNow Special Report Canada brings an enormous low-cost resource base, while the United States provides market scale, infrastructure and access to growing demand. Canada and the United States operate two of the world’s largest and most technologically advanced natural gas industries. They compete for investment and customers, but they also function as parts of a …
