Natural gas imports during the last month reached about 11.76 million tonnes, rising 8.3 percent compared to 10.85 million tonnes in August 2023, the data from the General Administration of Customs shows. China paid about $5.81 […]
Utility regulators in the United States are considering increases to electricity rates again this year as electric utilities seek to cover the investments needed to maintain and expand their systems. Utilities requested rate increases in […]
Fossil-fuel billionaire Kelcy Warren is about to land a knockout punch on Greenpeace. The pipeline magnate’s company, Energy Transfer ET -0.41%decrease; red down pointing triangle, is behind a lawsuit that Greenpeace says could bankrupt the environmental group’s […]
(Bloomberg) — For TotalEnergies SE Chief Executive Officer Patrick Pouyanne, the difference in the performance of his company’s stock and that of Exxon Mobil Corp., the largest US producer of oil and gas, is in […]
Climate Policies and their impact on energy Global government energy policies are impacting the environment and economies, and not in a good way. The Energy Realism team covers global energy policies around the world and […]
According to the vice president of research at S&P Global, OPEC+ has decided to extend production cuts until the end of 2024. The alliance then plans to start adding supply to the market in 2025. […]
Trafigura expects Brent oil prices to fall into the $60 per barrel range in the near future, although warns traders to be cautious. Weak Chinese oil demand and rising non-OPEC supply are contributing to the […]
The Libya supply outage is propping up several light crude oil grades. U.S. WTI Midland crude could replace lost volumes of Libyan crude in the short term: Reuters. U.S. crude is set to compete with […]
In March last year, Sempra Infrastructure, a unit of Sempra, took a final investment decision for the first phase of its Port Arthur LNG export project worth about $13 billion. The first phase of the project is […]
Saudi Arabia’s breakeven oil price has risen due to increased spending on Vision 2030 and production cuts aimed at supporting oil prices. The IMF warns that Saudi Arabia needs an oil price of $96.20 per […]
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