HIF’s Beck: E-Fuels an Additional Source to Fulfill Rising Demand
E-fuels are not a displacement of hydrocarbons but an additional source to fuel growing energy demand, said HIF Global’s Lee Beck at CERAWeek by S&P Global.
First US-Owned LNG Tanker to Serve Puerto Rico
LNG Tanker American Energy takes on a new mission 31 years after its construction.
COMMENTARY: America Will Lose If the EU and China Become Energy Buddies – David Fickling
Fossil exporters’ status will dwindle from the shift to clean power. By David Fickling The electrons coursing through our grids, turbines and engines are invisible to the human eye, but without them, all the machinery that powers our industrial economy would grind to a halt. Unseen flows of energy drive international relations, too. What’s often …
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US Court Revises Energy Regulator’s Order for NextDecade’s Texas LNG Facility
March 18 (Reuters) – Energy company NextDecade (NEXT.O) said on Tuesday that the U.S. Court of Appeals for the District of Columbia had revised its August 2024 judgment against the energy regulator’s order allowing the construction of the company’s LNG project in Texas. NextDecade’s flagship facility has been in development for several years and has …
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Kazakhstan Removes Energy Minister Amid Tensions with OPEC+, Oil Majors
(Reuters) – Kazakhstan’s energy minister will stand down from his role, the country’s presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower production that exceeds OPEC+ targets. Almasadam Satkaliyev will become the head of the country’s newly created atomic energy agency, the presidential office said in …
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HSBC Forecasts Surplus Oil in 2025, 2026 on Strong Supply, Sluggish Demand Growth
March 18 (Reuters) – HSBC expects the oil market to be in a surplus in 2025 and 2026 due to strong supply and sluggish demand growth, the bank said in a note on Tuesday. The bank said that it expects a surplus of 200,000 barrels per day this year, revising its a previous forecast of …
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China Stops US LNG Imports Following Shipping Tariff
The country, which put a 15% tariff on U.S. LNG imports, has gone more than 40 days without a delivery, the longest gap since 2023, according to a report from Bloomberg.
Market Volatility Sidelining Some Energy Investment
Needed permit reform will take time and general policy uncertainty could slow-play natural gas projects.
Meta, RWE Enter Offtake Deal from 200-MW Texas Solar Project
Meta will acquire 100% of the output from RWE’s Waterloo Solar project in Bastrop County.
Green Plains Begins Constructing Carbon Capture Equipment for Nebraska Project
The project, expected to start up in second-half 2025, will enable the permanent sequestration of about 800,000 tons of biogenic CO2 each year, Green Plains says.