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Senior energy official says that the policy on gas is working Geoffrey Pyatt says he couldn’t speculate on future sanctions Bloomberg News The US will continue to “tighten the screws” on Russian liquefied natural gas exports to deprive Moscow of funds for its war in Ukraine, according to a senior State Department energy official. “Our …
U.S. Will Continue to ‘Tighten the Screws’ on Russia LNG Flows Read More »
Oct 22 (Reuters) – Cheniere Energy expects China gas demand to grow to more than 600 billion cubic meters (bcm) by 2040 from 400 bcm today, a company executive said at the Asia Gas Markets conference on Tuesday. “There’s no doubt that gas demand growth in China, in absolute terms, is substantially driven by energy …
Cheniere Energy Expects China Gas Demand to Rise More Than 50% by 2040 Read More »
Summary Blinken arrives in Israel in US push for peace Worries over slowing Chinese demand growth weigh on prices Firm dollar adds to the pressure (Reuters) – Oil prices steadied near $74 a barrel on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing …
Oil Prices Steady on Mideast Ceasefire Push, China Demand Weighs Read More »
Summary Refiners may need to mix lighter WTI Midland with heavier crude Alternatively, refiners could convert units, requiring large investments Dated Brent benchmark may weaken up to 50 cents per barrel (Reuters) – Companies drilling for the crude that turned the U.S. into the world’s top oil producer face an unexpected dilemma: their West Texas …
As U.S. Permian Crude Turns Lighter, It Risks Losing Favor with Refiners Read More »
A U.S. appeals court on Monday appeared likely to reject a challenge by environmental groups to the Biden administration’s decision to approve exports from a planned $39 billion liquefied natural gas project in Alaska. Two members of a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit posed skeptical questions …
U.S. Appeals Court Likely to Reject Challenge to Alaska LNG Exports Read More »
Australia’s top energy firm Woodside Energy sees an opportunity to beef up LNG sales to Japan, including supply from the United States, where the company just bought Tellurian and its LNG export project, CEO Meg O’Neill said on Monday. With this new position in the U.S., Woodside will be able to “offer our Japanese buyers …
Australia’s Woodside Says It’s Open to Supplying LNG to Japan From US Read More »
Summary Court gets an earful from firms opposing proposed bid Heated opposition to negotiating exclusivity, breakup fee offer Final recommendation on sale could be stalled until January HOUSTON, Oct 21 (Reuters) – Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela …
Citgo Auction Creditors Assail Elliott Bid, Seek Rival Offers Read More »
Summary Qatar facing increasing competition from US, UAE Competitors offer flexible terms, cheaper prices Talks with Japan, South Korea buyers stalled Destination clause, terms of contracts among key disagreements Japan long term LNG outlook remains uncertain Oct 21 (Reuters) – Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) …
Qatar LNG Sales to Key Asian Markets Confronted by US, UAE Rivalry Read More »
(Reuters) – Oil prices rose on Monday, recouping some of last week’s more than 7% decline on worries about demand in China, the world’s top oil importer, and easing concerns about potential supply disruptions in the Middle East. Brent crude futures were up $1.16, or 1.6%, to $74.22 a barrel at 1036 GMT. U.S. West …
Oil Prices Regain Some Ground After 7% Loss Last Week Read More »
Settlement is a legal-first for fracking under certain rules Private oil producer is run by billionaire Jeff Hildebrand Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. It’s the first settlement to …
Hilcorp Fined $9.4 Million for New Mexico Methane Emissions Read More »
