EnergyNow News and Press Releases - Today in Oil and Gas

U.S. Official to Testify at Senate Hearing Looking into Biden’s LNG Pause

A top U.S. Energy Department official will testify at Feb. 8 Senate Energy Committee hearing looking into President Joe Biden’s pause on new approvals for liquefied natural gas (LNG) exports, the Energy Department said on Thursday. Biden paused the approvals last week so his administration can look into the environmental and economic impacts of the …

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SHELL PLC 4TH QUARTER 2023 AND FULL YEAR UNAUDITED RESULTS SHELL PLC 4th QUARTER 2023 AND FULL YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTS Quarters $ million Full year Q4 2023 Q3 2023 Q4 2022 %¹ Reference 2023 2022 % 474 7,044 10,409 -93 Income/(loss) attributable to Shell plc shareholders 19,360 42,309 …

U.S. Seeks to Buy About 3 Million Barrels of Oil for SPR for June Delivery

Conventional Energy, Energy Storage, Energy Topics & Technology, EnergyNow News and Press Releases, Latest, Oil, US News / By mark

The United States is seeking to buy about 3 million barrels of U.S.-produced sour crude for the Strategic Petroleum Reserve for delivery in June, Department of Energy documents showed on Tuesday. The administration of President Joe Biden is slowly replenishing the emergency stash after selling 180 million barrels in 2022 following Russia’s invasion of Ukraine. …

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LOOK OUT! Here Comes LNG as Big Spending Cements LNG in Energy Mix for Decades to Come

EnergyNow News and Press Releases, Latest / By mark

Bloomberg Hundreds of billions of dollars pumped into new gas plants in recent years will likely delay the shift away from fossil fuels. A huge wave of liquefied natural gas is about to flood a world that’s supposed to be transitioning away from fossil fuels. More than $235 billion has been plowed into the next slate of projects for the …

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