Stonepeak Acquires $340MM Stake in Repsol’s Solar, Storage Portfolio
Repsol’s 777-megawatt portfolio includes the Frye solar project in Texas and the Jicarilla solar and storage complex in New Mexico, Stonepeak says.
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COMMENTARY: US LNG Exporters Could Lose Out As AI Gas Demand Booms
By Ron Bousso Share of data centres in U.S. power market to more than double by 2030 Natural gas to account for over half of incremental power supply U.S. natural gas production set to peak in early 2030s LONDON, April 29 – The race for AI supremacy could have an unlikely loser: U.S. liquefied natural …
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BP Reports 48% Profit Drop as Strategy Chief Leaves
By Shadia Nasralla Profit of $1.38 billion misses analysts’ $1.53 billion Shares down 3.2% CEO signals option for further spending cuts Share buybacks at bottom of guided range Shares down 4% after results LONDON, April 29 (Reuters) – BP (BP.L) on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker …
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Exclusive: China Waives Tariffs on US Ethane Imports, Sources Say
By Siyi Liu and Florence Tan Tariff waiver eases pressure on Chinese petrochemical firms China’s tariff waiver not publicly announced yet China buys nearly half of US ethane exports SINGAPORE, April 29 (Reuters) – China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge …
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Vaquero Midstream to Expand Delaware Basin Gas Pipelines
Vaquero Midstream plans to grow its natural gas gathering and processing footprint in the Permian Basin.
Chevron Sees Tech Improvements Expanding its Portfolio
Chevron Corp.’s startup at Ballymore, offshore Louisiana, was its third major project to come online in the past year.
Spain, Portugal Switch Back On, Seek Answers After Biggest Ever Blackout
Summary Electricity restored to most of Spain, Portugal Authorities under pressure to explain Monday’s blackout Spanish schools reopen, public transport restarts Power outage was one of biggest ever seen in Europe MADRID, April 29 (Reuters) – Spain and Portugal switched their power back on after the worst blackout in their history, though authorities offered little explanation …
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THE BIG QUESTION NOW: With Newly Elected, Anti-Oil & Gas Mark Carney as Prime Minister, Will Canada Continue to Squander the Greatest Oil Opportunity on Earth – Alex Epstein
Canada has 3X US oil reserves but less than 40% the production. Why? Because anti-oil politicians like Mark Carney, who say they’re protecting Earth’s coldest country from global warming, are really punishing Canada with very little global effects. Alex Epstein Canada is squandering the greatest oil opportunity on Earth Canada has the greatest oil opportunity …
Woodside Approves Louisiana LNG Development
HOUSTON– (BUSINESS WIRE) –Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (Mtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029. Development of Louisiana LNG will position Woodside as a global LNG powerhouse, enabling the company to deliver approximately 24 Mtpa from its global LNG portfolio …
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Tarco is a boutique Engineering firm known for delivering highly integrated, value-driven projects. With a long history project execution through to commissioning, we understand the value of a well-documented and well-planned project. We provide multi-discipline engineering—including automation and SCADA—along with field construction, commissioning, and start-up services. Over thousand of projects, we’ve looked to add value …