Chevron Names Laura Lane as VP, Chief Corporate Affairs Officer
Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
US NatGas Flows to Freeport LNG Export Plant in Texas Reduced – LSEG Data
(Reuters) – The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to fall to a one-month low on Monday, according to data from financial firm LSEG. Freeport LNG is one of the most closely watched LNG export plants in the world because …
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Kinder Morgan Announces Acquisition of Gas Gathering & Processing System in Bakken from Outrigger Energy II
$640 million purchase includes 270 MMcf/d processing plant and rich gas header system strategically located in Williston Basin, North Dakota HOUSTON–(BUSINESS WIRE)–Kinder Morgan, Inc. (NYSE: KMI) today announced that its subsidiary, Hiland Partners Holdings LLC, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 …
Dozens of Oil Tankers Drop Anchor After Latest US Sanctions Bite
By Jonathan Saul Around 10% of the global tanker fleet hit by US sanctions Tanker rates rising as non-sanctioned ships in demand China’s Shadong port bans tankers hit by US sanctions – traders LONDON, Jan 13 (Reuters) – At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China …
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Southern California Edison Sued Over Role of Equipment in LA Wildfires
Jan 13 (Reuters) – Southern California Edison, a unit of utility firm Edison International (EIX.N), on Monday was sued on claims that its electrical equipment started one of the major wildfires raging in the Los Angeles area, according to court filings. At least 24 people have died in the fires that began last Tuesday, and …
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Reactions to New US Sanctions Against Russian Energy Interests
Jan 13 (Reuters) – The U.S. Treasury announced on Friday sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft (SIBN.MM) and Surgutneftegaz (SNGS.MM), to try to curtail Moscow’s ability to fund its war with Ukraine. The sanctions also target over 180 tankers and dozens of oil traders, oilfield service providers, insurance …
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Venture Global Targets $110B in Massive IPO
Venture Global is expected to pitch its IPO to investors by Jan. 17 to rival the largest energy IPOs on record.
Pioneer to Adapt Emvolon’s Flare Gas-to-Methanol Tech
The Department of Energy awarded Pioneer Energy $6 million to demonstrate the technology at an oil and gas facility in the Eagle Ford Shale for 12 months.
What’s Affecting Oil Prices This Week? (Jan. 13, 2025)
Stratas Advisors expect that there is some room for oil prices to move higher this week, but the price of Brent crude oil will struggle to breakthrough $82.50.
EU Plans to Let Gas Price Cap Expire, Sources Say
The EU intends to let its gas price cap expire as scheduled at the end of this month, EU diplomats said.