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Home2023

Year: 2023

Mideast
Exports

Mideast War Turns Spotlight on Arab Gas Pipeline

November 6, 2023 Mariel Alumit

The Israel-Hamas war has not significantly impacted Mideast oil and gas flows so far, but critical energy infrastructure such as the Arab Gas Pipeline (AGP) is being watched closely. The pipeline connects Egypt with Jordan and […]

China
Exports

China, Russia Intensify Efforts to Expedite New Gas Route Supply Agreement

November 6, 2023 Mariel Alumit

(MENAFN) China National Petroleum Corporation (CNPC) Vice President, Xie Jun, has disclosed that Russian energy giant Gazprom is collaborating with China to fast-track the implementation of a new gas supply route known as the Far […]

Asia
International News

Southeast Asia’s LNG investments predicted to peak by 2040: Study

November 6, 2023 Mariel Alumit

More natural gas facilities than ever will be firing in Southeast Asia almost two decades from now, according to a report by Singapore-based research firm Asia Research & Engagement (ARE). Led by Thailand, Indonesia and Singapore, the region currently […]

operatorship
Big Oil Companies

Following BP’s exit, operatorship of giant gas discoveries changes hands, as US player takes the reins

November 6, 2023 Mariel Alumit

U.S.-headquartered oil and gas exploration and production company Kosmos Energy has boosted its working interest and taken the operatorship helm of giant gas discoveries offshore Senegal, after BP’s withdrawal from the field. This is subject […]

Shell
Big Oil Companies

Shell Prefers Share Buybacks over Big Acquisitions: CEO

November 6, 2023 Mariel Alumit

Shell PLC’s capital deployment strategy favors repurchasing company stocks more than absorbing rivals, chief executive officer (CEO) Wael Sawan has said, in contrast to USA competitors Chevron Corp. and Exxon Mobil Corp. Reporting a 23 […]

solar
International News

Solar Panels Are Three Times More Carbon-Intensive Than IPCC Claims

November 6, 2023 Mariel Alumit

This investigation was done in collaboration with Environmental Progress and The Blind Spot Last August, in an amalgamation of “The Green New Deal” meets “Build Back Better,” President Joe Biden’s Inflation Reduction Act gifted the renewables industry with billions of […]

electric
Electric Vehicles

Study: Cost of ‘fueling’ an electric vehicle is equivalent to $17.33 per gallon

November 6, 2023 Mariel Alumit

(The Center Square) – The complete costs of “fueling” an electric vehicle for 10 years are $17.33 per equivalent gallon of gasoline, a new analysis from the Texas Public Policy Foundation says. The study authors say the […]

EIA News

Growing U.S. oil production increased natural gas production by 9% in 2022

November 6, 2023 Mariel Alumit

November 6, 2023 Data source: Enverus DrillingInfo Note: Major crude oil-producing regions include the Permian, Bakken, Eagle Ford, Niobrara, and Anadarko regions, which make up almost all U.S. associated natural gas production; information on EIA’s […]

Minnesota
EnergyNews

Minnesota adjusts solar incentives to prioritize low-income households

November 6, 2023 Mariel Alumit

​ Xcel Energy is dedicating a bigger share of its Minnesota solar incentives to lower-income customers in response to a new state law. Since launching in 2014, Solar Rewards has provided financial incentives to help […]

Finance

Turkey Is Sustaining Major Inflation. Something Has To Give

November 6, 2023 Mariel Alumit

Authored by Doug French via The Mises Institute, Bloomberg reports that price inflation in Turkey was more than 60 percent in September. The 61.5 percent reading was released by the Turkish government’s statistical office. Being […]

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