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US Energy News

ENVERUS
Enverus

Exposing the Hidden Bear Trap: Recession Expected To Bite Global Oil Demand

November 7, 2022 Mariel Alumit

China, India and non-OECD Asia will drive oil demand growth in 2023, with other regions offering negative or marginal growth Calgary, Alberta (November 7, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the […]

Sempra
Finance

Sempra set to approve Texas Port Arthur LNG export plant in Q1 2023

November 7, 2022 Mariel Alumit

(Reuters) California energy company Sempra Energy said that its Sempra Infrastructure unit planned to greenlight the first phase of its proposed Port Arthur liquefied natural gas (LNG) export plant in Texas during the first quarter […]

Energy
Commodities

Energy Sticker Shock Grabs Spotlight Before Midterms

November 7, 2022 Mariel Alumit

Elevated fuel prices and shortages remain a concern for U.S. consumers ahead of Tuesday’s midterm elections, in which energy costs have become a crucial campaign issue. After a steady decline this fall, the average price of […]

Oil
Crude Oil News

Oil Shortage Forecasts Clash With Grim Economic Projections

November 7, 2022 Mariel Alumit

Oil markets can’t seem to choose which direction to head. Fears of demand destruction sparked by a global economic slowdown are at odds with the very real threat of a supply shortage. The oil market […]

Oil
Exploration and Production

Big Oil Is Not Dancing To Government Tunes. Period.

November 7, 2022 Mariel Alumit

Doing a 180-degree turn and redirecting more money to oil and gas exploration would definitely make some investors unhappy. FT: Banks want oil companies to keep returning cash to shareholders instead of investing it in […]

Coal

Manchin Massacres Biden Over “Outrageous” Coal Plant Closure Comments, “Divorced From Reality”

November 5, 2022 Mariel Alumit

Senator Joe Manchin is pissed after President Biden said his administration would ‘shut down’ all of America’s coal plants and replace them with ‘wind and solar’ – comments that couldn’t come at a worse time […]

‘Dirty ol’ coal’ is making a comeback and consumption is expected to return to 2013′s record levels
Climate Crisis

Consumers and Voters will pay through the nose as Biden Shuts Coal Plants “All Across America”

November 5, 2022 Mariel Alumit

ENB Pub Note: The world is in an ENERGY CRISIS and people will die, countries will go to war, and continued failed energy policies will only make it worse. Coal plants are not more expensive […]

Off Shore Wind Farm -Boston
Industry Insights

Massachusetts’ 1,200 MW Offshore Wind Project ‘no longer viable’ (rough waters ahead?)

November 5, 2022 Mariel Alumit

​ From MasterResource By Robert Bradley Jr. — November 2, 2022 “… global commodity price increases … sharp and sudden increases in interest rates, prolonged supply chain constraints, and persistent inflation have significantly increased the […]

U.S.
EIA News

U.S. electric-generating capacity for combined-cycle natural gas turbines is growing

November 4, 2022 Mariel Alumit

Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory, Short-Term Energy Outlook Eight new natural gas-fired combined-cycle gas turbine (CCGT) power plants have come online or will come online in the United States this year. These new […]

Marathon
Exploration and Production

Marathon Oil Adds More Eagle Ford Assets With $3B Ensign Buy

November 4, 2022 Mariel Alumit

Marathon Oil has entered into a purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3 billion. The transaction is subject to customary terms and conditions, including closing […]

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