Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000

Ford on Monday announced significant price cuts for all versions of its electric F-150 Lightning pickup. The cheapest version of the Lightning will now start at about $50,000, a roughly $10,000 cut. All versions of the EV will get price cuts of at least $6,000 as Ford works to boost production this fall. Ford Motor …

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Major LNG Buyers and Sellers Unite to Combat Methane Leaks

(Bloomberg)  The US, the European Commission, Japan, South Korea and Australia are collaborating to limit methane emissions from liquefied natural gas supply chains as concerns mount over the climate impact from leaks of the potent greenhouse gas. Although few details were released, the partnership represents a shift for some of the world’s biggest LNG buyers …

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CW Petroleum Corp (CWPE) Reports Revenues for Q2-2023

Katy, Texas, July 17, 2023 (GLOBE NEWSWIRE) — CW Petroleum Corp (CWPE) (the “Company”), a leading provider of Proprietary Reformulated No Ethanol Gasoline and Biofuels, today announced unaudited financial results for the second quarter ended June 30, 2023. Key Financial Highlights for Three Months Ended June 30, 2023, Compared to Prior Year Period: 2023 Revenues of ~$2.6Million vs 2022 Revenues …

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US shale oil/natgas output set to fall for first time since December

U.S. shale oil and natural gas production will fall in August for the first time since December, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday. Crude output from the seven big U.S. shale basins is set to ease to 9.40 million barrels per day (bpd) in August from …

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Digital Is Finally Impacting The LNG Sector – Geoffrey Cann

By Geoffrey Cann If there is one industry that evolves very slowly, it would have to be the liquefied natural gas industry, and yet, digital is even making an impact here. LNG and Digital Way back in 2016, I scored an invite to LNG18, a once-every-three-years global conference for the liquefied natural gas (LNG) sector, which …

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U.S. working with India to make investment easier for energy transition

GANDHINAGAR, India, July 17 (Reuters) – The United States is working with India to develop ways to lower the cost of capital and increase private investment to fast-track India’s energy transition, U.S. Treasury Secretary Janet Yellen said on Monday. After a bi-lateral meeting with India’s finance minister Nirmala Sitharaman on the sidelines of a G20 …

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Kathairos Solutions Awarded At 2023 Global Energy Show Awards

Kathairos Solutions was awarded the Emerging Clean Technologies Award at this year’s Global Energy Show Awards in Calgary. The Global Energy Show Awards highlights leaders, trailblazers, and game-changers in the energy industry. Having been deployed in over 17 different oil and gas basins across North America in partnership with over 50 major producers, Kathairos is …

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California Shows Off New $25 Million Carbon Capture Technology Project

A $25 million project at a Calpine Corp. power plant near San Francisco will test a technology that could capture 95% of a plant’s carbon emissions, a process California officials say is critical to the state’s climate fight. Carbon capture technology provokes fierce criticism from many environmentalists who consider it a license to keep burning …

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Factbox: Oil Supply Disruptions Boost Prices

(Reuters) – A series of oil supply disruptions across the globe has helped push Brent crude prices above $81 a barrel for the first time since April. Forecasters expect OPEC+ supply cuts and ramped up demand from China to tighten markets despite some macroeconomic headwinds. Below are details on recent disruptions: NIGERIA Shell (SHEL.L) on July 13 said it had …

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Oil Prices Fall on Profit-Taking, Still Record Weekly Gain

By Shariq Khan Brent, WTI crude fall about 2% as traders book profits Dollar recovers as investors consolidate losses Libyan oilfields shut by protests; Nigerian loadings halted Despite Friday’s losses, oil benchmarks rise week on week BENGALURU, July 14 (Reuters) – Oil prices fell more than a dollar a barrel on Friday as the dollar …

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