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Home2024November

Month: November 2024

U.S. exports of ethane and ethane-based petrochemicals
EIA News

U.S. exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023

November 4, 2024 Andy Del Prado

U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million metric tons (MMmt) in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in […]

Golden Pass
Big Oil Companies

ExxonMobil CEO says Golden Pass LNG launch could slip into 2026

November 4, 2024 Mariel Alumit

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

Electricity demand
Data Center

Electricity demand for data centres in Europe may more than double by 2030

November 4, 2024 Mariel Alumit

Electricity demand from data centres in Europe could increase by 2-3 times by 2030, largely fuelled by the rapid expansion of artificial intelligence applications. That’s according to a recent report from Bloomberg Intelligence (BI), which […]

Government
Energy Crisis

Government advised against promising immediate energy bill reductions under Great British Energy plan

November 4, 2024 Mariel Alumit

A new report by consultancy Stonehaven has set out key recommendations to help the UK Government secure the success of Great British Energy (GBE). Commissioned by Project Tempo, the report, titled A New Energy and […]

Bankruptcy

Election Game-Changers

November 3, 2024 Andy Del Prado

Daily Standup Top Stories 10 Can’t-Miss Election Predictions November 2, 2024 Clark Savage ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record […]

Crude Oil News

OPEC+ agrees to delay December output hike for one month, sources say

November 3, 2024 Clark Savage

LONDON/DUBAI/MOSCOW, Nov 3 (Reuters) – OPEC+ has agreed to delay a planned December oil output increase by one month, three sources from the producer group told Reuters on Sunday, as weak demand notably from China […]

Bankruptcy

Billions Pouring into UK Renewables

November 3, 2024 Clark Savage

ENB Pub Note: This is an excellent article from Felicity Bradstock on OilPrice.com that really points out that greener policies will lead toward de-industrialization. Following Germany, New York, New Jersey, and California will only ruin […]

Crude Oil News

Exxon, Chevron report rising Permian production despite analyst estimates

November 3, 2024 Clark Savage

(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices. Exxon’s third-quarter adjusted earnings exceeded expectations by a nickel on Friday, while Chevron […]

Downstream

LyondellBasell to Shut Down Houston Refinery

November 2, 2024 Stu Turley

ENB Pubnote: This is an excellent article from Nathan Hammer’s Substack. I recommend subscribing for his excellent articles on energy.   The closure process is set to begin in January 2025, with the company expecting […]

ENB Pub Note

10 Can’t-Miss Election Predictions

November 2, 2024 Clark Savage

ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record a podcast post on this topic next week. I highly recommend subscribing […]

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