We are seeing more and more stories of key indicators of the shift back to energy normalcy. A small increase in Rigs this week in the U.S., but globally up 27; however, that is still […]
In a significant policy reversal, the Trump administration’s Department of the Interior (DOI) announced new measures to eliminate what it calls “regulatory favoritism” toward wind and solar energy projects. This initiative includes an enhanced oversight […]
The U.S. drilling industry showed signs of revival this week, with the total rig count rising for the first time in 12 weeks. According to the latest data from Baker Hughes, the active rig count […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 114 Bcf. This compares to 27 LNG vessels and 104 Bcf in […]
Last month, Freeport LNG’s units sought from FERC an approximately 40-month extension of time for the Train 4 project. “Based on the facts presented in the request and the case record, the applicants are granted […]
Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates increased by $2,000 to $33,750 per day. Meanwhile, Spark25S (Pacific) rates stayed relatively steady at $38,250 per day and continued to price […]
In a significant pivot for one of Europe’s renewable energy frontrunners, the Netherlands has announced plans to reduce its offshore wind capacity targets by up to 40%, scaling back from an ambitious 50 gigawatts (GW) […]
In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley, along with industry experts Doomberg,Mike Umbro, and David Blackmon It discusses the ongoing energy and political crisis in California, with a particular focus on the state’s […]
HOUSTON, July 18 (Reuters) – Chevron (CVX.N) closed its $55 billion acquisition of Hess (HES.N) on Friday after winning a landmark legal battle against larger rival Exxon Mobil (XOM.N) to gain access to the largest […]
In a landmark victory for Chevron Corporation (NYSE: CVX), the oil giant has officially completed its $53 billion acquisition of Hess Corporation (NYSE: HES) today, following Hess’s successful arbitration win against ExxonMobil Corporation (NYSE: XOM). […]
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