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Summary JERA say may consider Alaska as a potential LNG supplier Japanese firms wary of commitments amid high costs, sources say Japanese delegation heads to US this week for more tariff talks (Reuters) – JERA, Japan’s top power generator, may consider Alaska as a potential source of liquefied natural gas (LNG) supply, an executive said …
Japan’s JERA May Consider Alaska as LNG Supply Option, Executive Says Read More »
By Gavin Maguire (Reuters) – Louisiana has long been overshadowed by its more showy neighbour Texas, which boasts a larger economy and population and has for decades wielded greater sway among policymakers in Washington DC and on the world stage. But the Bayou State is staging a revival that could see it emerge as the more …
The Crafty US State That’s Showing How to Thrive Under Trump Read More »
(Reuters) – The Trump administration on Wednesday said it would implement an emergency permitting process for energy and mining projects on federal lands, slashing approval times that typically take months or years to at most 28 days. The U.S. Department of the Interior move is in response to President Donald Trump’s national energy emergency declaration, which …
All the IRA “tax credits” are subsidies for inferior, often totally unprofitable forms of energy. By Alex Epstein Congress’s new budget should eliminate all IRA “tax credits” because: They are subsidies They promote inferior energy They raise energy costs They make energy unreliable They increase our debt They make our economy less productive They don’t …
(Reuters) – Lyondell Basell Industries permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company’s chief executive during a Friday conference call. Reuters reported on Feb. 7 the company completed the shutdown of the refinery. Lyondell first announced plans in 2023 to shut the refinery, which has been in operation …
Lyondell Houston Refinery Ceased Operations in February, Company Says Read More »
(Reuters) – Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to improve accountability, a source familiar with the situation said on Friday. Elliott holds a stake of a little more than 5% in BP, the strategy, sustainability and ventures arm …
Activist Investor Elliott Pushes for Change in BP Strategy Chief and Structure Read More »
(Reuters) – Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid widespread maintenance and turnaround activities across the U.S. refining sector. U.S. refineries typically undergo seasonal maintenance and turnaround activities in preparation for the summer driving season, when fuel demand significantly increases. However, this scheduled downtime …
US Refiner Phillips 66 Posts Bigger-Than-Expected Quarterly Loss on Lower Margins Read More »
(Reuters) – President Donald Trump’s energy security council plans to host a summit in Alaska in early June, when it hopes Japanese and South Korean officials will announce commitments to the Alaska LNG project, a source familiar with the matter said on Thursday. Trump has touted the $44 billion Alaska liquefied natural gas project, which …
US Plans Alaska LNG Summit, Urges Japan, South Korea to Support Project, Source Says Read More »
(Reuters) – The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output. President Donald Trump’s new Energy Dominance Council led by Interior Secretary Doug Burgum is looking …
US Aims to Boost Offshore Oil Drilling by Easing Pressure Rules Read More »
(Reuters) – Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion including debt, three people familiar with the matter said. Brazos moves natural gas, natural gas liquids and oil from the wellheads of five Texas …
Morgan Stanley Infra Partners Eyes $2 billion Permian Pipelines Sale, Sources Say Read More »
