East Daley: Data Center Renaissance Juices Gas Outlook
AI is expected to spur an additional 3 Bcf/d-15 Bcf/d in demand by 2030.
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Energy Transition in Motion (Week of May 9, 2025)
Here is a look at some of this week’s renewable energy news, including a low-carbon deal between Exxon Mobil and Marubeni.
US oil,gas Rig Count Falls to Lowest Since January
The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week’s decline puts the total rig count down 25, or 4% below this time last year.
US Oil, Gas Rig Count Falls to Lowest Since January
The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week’s decline puts the total rig count down 25, or 4% below this time last year.
US Oilfield Giants Brace for Tough Times as Price Slide Rattles Producers
(Reuters) – Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to temper their drilling activity and rethink their budgets. SLB, Halliburton, and Baker Hughes all flagged cautious customer spending in their first-quarter reports, citing a lack of visibility, especially in North America. Higher …
US Oilfield Giants Brace for Tough Times as Price Slide Rattles Producers Read More »
COMMENTARY: Making the Case for Industrial Freedom—Instead of Tariffs—on Donald Trump Jr’s Show
The case for improving our industrial capacity with industrial freedom, not tariffs. By Alex Epstein It’s important to have nuanced conversations about tariffs. Recently I had the opportunity to share my view on Donald Trump Jr.’s podcast, Triggered, which is that there are real problems with our industrial capacity, but the solution is industrial freedom, freer …
Venture Global LNG’s Calcasieu Pass 2 Gets FERC Go-Ahead
The Federal Energy Regulatory Commission submitted a newly reviewed environmental impact statement approving Venture Global’s stalled Calcasieu Pass 2 project.
US, Russia Explore Ways to Restore Russian Gas Flows to Europe, Sources Say
(Reuters) – With a frost covering Europe’s energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent, eight sources familiar with the talks have told Reuters. Europe slashed its imports of Russian gas following Moscow’s invasion of Ukraine in 2022, a …
US, Russia Explore Ways to Restore Russian Gas Flows to Europe, Sources Say Read More »
Nord Stream 2 Agrees to Debt Restructuring Deal, Court Says
(Reuters) – A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors. The court had set a of May 9 for Switzerland-based Nord Stream 2 to both restructure its debts and pay back small-scale creditors. The court had said …
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Enbridge Beats Q1 Profit Estimates on Mainline and Gas Distribution Growth
(Reuters) – Enbridge surpassed market estimates for first-quarter profit on Friday, driven by higher earnings from its Mainline system and gas distribution unit, and said that U.S. tariffs were not expected to materially impact its current operations. Canada is the leading supplier of imported oil to the United States, delivering about 4 million barrels per …
Enbridge Beats Q1 Profit Estimates on Mainline and Gas Distribution Growth Read More »