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Home2023March

Month: March 2023

Ukraine
Geopolitical

Ukraine denies involvement in Nord Stream pipeline blasts

March 8, 2023 Mariel Alumit

Ukraine has denied any involvement in September’s attack on the Nord Stream pipelines, which were built to carry Russian natural gas to Germany. The denial follows a report from the New York Times, which cites […]

Exxon
Big Oil Companies

Exxon says it is reevaluating Europe strategy after windfall taxes

March 8, 2023 Mariel Alumit

HOUSTON, March 7 (Reuters) – Exxon Mobil Corp. (XOM.N) is reviewing its role in Europe in view of new windfall profits taxes as it increasingly invests more in the U.S., Chief Executive Darren Woods said on […]

Big Oil Companies

US oil output to grow by 500,000 bpd in 2023, says Occidental Petroleum Exec

March 8, 2023 Mariel Alumit

U.S. oil production will grow by about 500,000 barrels per day this year, with 80% or 90% of that coming from the Permian basin, Frederick Forthuber, president of Oxy Energy Services at Occidental Petroleum Corp […]

EnergyNews

US natgas up 2% on colder forecasts, record gas flows to LNG plants

March 8, 2023 Mariel Alumit

U.S. natural gas futures rose about 2% on Tuesday, after plunging 15% in the prior session, on forecasts for more cold weather over the next two weeks than previously expected and record gas flows to […]

Houston
Energy Crisis

CERAWEEK – ‘Houston, We Have a Problem’ – Energy Industry Grapples with Climate Fight

March 8, 2023 Mariel Alumit

Top energy executives and officials from around the world gather during the CERAWeek 2023 energy conference in Houston, Texas, U.S., March 6, 2023. REUTERS/Callaghan O’Hare HOUSTON, March 6 (Reuters) – Top global energy executives and […]

OPEC
Big Oil Companies

OPEC Chief Dines With US Shale Bosses as Supply Issues in Focus

March 8, 2023 Mariel Alumit

​OPEC Chief Haitham Al-Ghais broke bread with US shale bosses Monday night in his first meeting with the producers since he took the helm of the oil cartel in July. At the table, which included […]

Climate Crisis

Investors Can’t Ignore US Climate Act, Hydrogen Evangelist Says

March 8, 2023 Mariel Alumit

​The US Inflation Reduction Act is ignored “at our peril,” according to the Australian billionaire with an ambitious plan to make his iron ore company a green hydrogen behemoth. “We have to really take advantage […]

CERAWeek
EnergyNews

CERAWeek Update: Who’s Saying What at CERAWeek – Read it Here

March 8, 2023 Mariel Alumit

​ It’s the first day of CERAWeek by S&P Global in Houston, one of the biggest events on the calendar for the energy industry, with over 1,000 CEOs, policymakers and financiers due to speak. This year’s event […]

Price
EIA News

Liquefied natural gas will continue to lead growth in U.S. natural gas exports

March 8, 2023

 Exports of liquefied natural gas (LNG) will continue to drive growth in U.S. natural gas exports over the next two years, according to our recently released Short-Term Energy Outlook (STEO).  Exports of liquefied natural gas […]

offshore
Energy Tech

Belgian partners present new offshore solar technology

March 8, 2023 Mariel Alumit

Jan De Nul, Tractebel, and DEME have jointly developed a new offshore floating solar technology, said to be capable of operating in harsh marine conditions and in combination with offshore wind farms. The rendering of […]

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