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Home2023November

Month: November 2023

Oil executives flock to Venezuela
Big Oil Companies

Oil executives flock to Venezuela despite sanctions relief uncertainty

November 29, 2023 Stu Turley

World Oil (Bloomberg) – Oil executives are flocking to Venezuela to take advantage of lighter U.S. sanctions, even though there’s a risk that access to the world’s largest oil reserves might snap shut as quickly […]

oil and gas auctions
Crude Oil News

US kicks off a spate of oil and gas auctions just as COP28 gets underway

November 29, 2023 Stu Turley

Nasdaq The Biden administration on Tuesday will auction off 35,000 acres (14,164 hectares) of land in Wyoming to oil and gas drillers, the first in a series of such sales that will coincide with a […]

Grangemouth closure
Natural Gas

Grangemouth closure has echoes of Rough gas storage

November 29, 2023 Stu Turley

Eighteen months ago I wrote a blog entitled: Cakism in energy policy begins to bite which gained a lot of attention, in which I pointed out that policy-makers tend to want to have their cake […]

Commonwealth LNG
LNG

Commonwealth LNG inks carbon capture and storage pact

November 29, 2023 Stu Turley

Commonwealth LNG has entered into a deal with OnStream CO2 for a carbon capture and storage solution at its 9.3 mtpa LNG facility under development in Cameron, Louisiana. OnStream CO2 is a joint venture between Carbonvert […]

SFL
Exports

SFL takes delivery of second LNG-powered PCTC chartered by Volkswagen

November 29, 2023 Stu Turley

China’s Guangzhou Shipyard International (GSI) delivered SFL Corporation’s LNG dual-fuel pure car and truck carrier, Wolfsburg. CSSC’s GSI handed over the vessel with a capacity of 7,000 units to John Fredriksen-controlled SFL on November 27. […]

Indonesia’s Lampung FSRU
International News

Indonesia’s Lampung FSRU wraps up 52nd STS LNG transfer

November 29, 2023 Stu Turley

Hoegh LNG’s Lampung FSRU serving Pertamina’s Perusahaan Gas Negara off the southeast coast of Sumatra in Indonesia has completed its 52nd ship-to-ship operation since it started operations in 2014. PGN LNG, a unit of PGN […]

BlackRock
Climate Crisis

BlackRock’s Plan For An Additional $4 Trillion In Climate Investment

November 29, 2023 Stu Turley

By Charles Kennedy of OilPrice.com The world’s biggest asset manager, BlackRock, says that significant reforms in the public sector and public financial institutions could close the gap in climate financing in the emerging markets and […]

Rolls-Royce
Energy Tech

Rolls-Royce CEO Retreats On Hydrogen-Powered Airplane Push

November 29, 2023 Stu Turley

Hydrogen has been pitched as a promising ‘green’ fuel for the aviation industry to achieve net zero in the coming decades. Aerospace manufacturer Rolls-Royce has recently boasted about successfully testing its aircraft engine on hydrogen. […]

Climate Crisis

Daily Energy Standup Episode #259 – Geothermal Breakthrough, Alberta’s Power Struggles, and China’s Energy Surge

November 29, 2023 Andy Del Prado

Daily Standup Top Stories A New Type of Geothermal Power Plant Just Made the Internet a Little Greener November 28, 2023 Mariel Alumit Earlier this month, one corner of the internet got a little bit greener, […]

China
Coal

China Boosts Coal and Gas Consumption as Power Demand Nears Record High

November 28, 2023 Mariel Alumit

Chinese authorities have been keen to avoid a repeat of last year’s power shortages. Generally, China is certain that its winter power supply is guaranteed, but shortages could occur in the Yunnan province and Inner […]

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