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A US regulator proposed new rules on Wednesday to hasten liquefied natural gas projects and expand export capacity as part of the Trump administration’s larger push to speed up energy infrastructure development and cut costs for consumers. The US is the world’s largest LNG exporter and expected to add another 100 million metric tons …
NEW RULES AHEAD: US Regulator Proposes New Rules to Speed up LNG Projects Read More »
Expand Energy on Wednesday called for increasing production at Haynesville and said the Permian basin will be unable to meet rising demand for US natural gas. Shale gas deposits in the Haynesville region in Texas and Louisiana have drawn producer interest in recent times, along with its more well-known neighbor — the Permian basin in …
Expand Says Haynesville Output Growth Needed to Meet Rising US Natgas Demand Read More »
By Andrew Mills Oct 28 – The closed-door diplomacy meant to end the war is doing little to calm the Gulf, where tensions and rhetoric are sharpening. Donald Trump says the US may strike Iran again, and Iranian security officials say Tehran has plans to hit back. We get only small glimpses of what is …
(Reuters) – Top oilfield services companies are counting on a recovery in Middle East activity after months of disruptions to support growth next year, but rising operating costs and renewed flare-ups are tempering the near-term outlook. SLB, Halliburton and Baker Hughes all reported sequential revenue growth in parts of their Middle East businesses in the …
Oilfield Services Firms Lean on Middle East Rebound But Risks Persist Read More »
(Reuters) – Europe could face another spike in gas prices if cold weather boosts demand later this winter, when stocks are depleted and the region depends more on attracting scarce liquefied natural gas cargoes, Equinor’s CEO Anders Opedal said on Wednesday. The warning came after the Norwegian gas producer reported its highest quarterly earnings since …
Equinor Warns Europe is Vulnerable to Winter Gas Price Spike if Cold Weather Hits Read More »
(Reuters) – US crude stocks and distillate inventories fell while gasoline stockpiles rose last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 1.9 million barrels to 410.6 million barrels in the week ended October 23, the EIA said, compared with analysts’ expectations in a Reuters poll for a 15,000-barrel rise. Crude …
US Crude Stocks and Distillate Inventories Fall, Gasoline Stocks Rise, the EIA Says Read More »
(Reuters) – EQT’s acquisition of rival producer Range Resources this week marks the latest consolidation in the natural gas industry, as producers are scrambling to lock in supply to feed growing demand for liquefied natural gas exports and power demand. Canonsburg, Pennsylvania-based EQT said on Monday it will buy Fort Worth, Texas-based Range Resources in …
EQT’s Acquisition of Range Underscores Race to Dominate US Natgas Market Read More »
A US regulator proposed new rules on Wednesday to hasten liquefied natural gas projects and expand export capacity as part of the Trump administration’s larger push to speed up energy infrastructure development and cut costs for consumers. The US is the world’s largest LNG exporter and expected to add another 100 million metric tons …
US Regulator Proposes New Rules to Speed up LNG Projects Read More »
Summary Loan could fund upgrades at plants in Illinois, Maryland, Pennsylvania without need for new licenses Upgrades would add nearly 1.1 gigawatts of capacity, enough for more than 930,000 homes US power demand growing for first time in decades (Reuters) – Constellation Energy said on Tuesday it received a conditional loan commitment of up to …
(Reuters) – Phillips 66 beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher refining margins as ongoing tensions in the Middle East boosted demand for US fuel exports. US refiners have emerged as key beneficiaries of disruptions in Russia, China and the Middle East that tightened global supplies, while utilization has averaged …
Phillips 66 Beats Quarterly Profit Estimates as Refining Margins Soar Read More »
