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Home2024January

Month: January 2024

Russian gas
Exports

Russian gas output forecast to surge – IEA

January 27, 2024 Mariel Alumit

  Global production of the fuel is also expected rise whereas supply will likely remain tight, according to the energy watchdog Gas production in Russia is expected to rise by 4% this year, according to […]

tanker
Crude Oil News

Houthis attack tanker carrying Russian oil product – reports

January 27, 2024 Mariel Alumit

The vessel shipping for trading giant Trafigura is reportedly transporting Russian-origin naphtha for making plastics, gasoline A petroleum-products tanker operated on behalf of Trafigura was struck by a Houthi missile in the Gulf of Aden […]

Biden Administration
Energy Crisis

TPPF’s Mark P. Mills Denounces Biden Administration’s Halt on LNG Exports

January 26, 2024 Stu Turley

AUSTIN — Today, in a partisan move aimed at shoring up President Joe Biden’s support from climate activists, the Biden administration announced a halt to the permitting of Liquefied Natural Gas (LNG) export terminals. Mark P. Mills, […]

Price
Finance

On the Surface, PCE Inflation Is Encouraging, But Beneath it, Core Services Accelerated, Housing Stuck at 5.7% for Six Months

January 26, 2024 Stu Turley

And a look back at the head-fakes core services inflation dished up last time with this type of inflation. By Wolf Richter for WOLF STREET. So right up front – and the Fed has been talking about this, […]

House
Energy Policy

White House Implements Nakedly Political Delay in LNG Export Approvals – David Blackmon

January 26, 2024 Stu Turley

ENB Pub Note: I highly recomend subscribing to David Blackmon’s Substack HERE: https://blackmon.substack.com/p/white-house-implements-nakedly-political?r=2ey9k&utm_campaign=post&utm_medium=web  David’s industry opinions and knowledge are right on target. Prepare for more sweeping negative impacting energy policies from the Biden administration. If […]

Critical Minerals

BHP to review $9.7 billion charge over Brazil dam failure

January 26, 2024 Stu Turley

​BHP (ASX: BHP) said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais ($9.7 billion) in damage repairs over a burst […]

Biden
Energy Policy

Biden pauses approval of LNG projects after pressure from climate activists

January 26, 2024 Mariel Alumit

WASHINGTON, Jan 26 (Reuters) – President Joe Biden paused approvals for pending and future applications to export liquefied natural gas from new projects on Friday, a move cheered by climate activists that could delay decisions […]

EnergyNews

Energy Freedom 2024: IER in the Debate

January 26, 2024 Stu Turley

Since its founding 35 years ago, the defining characteristics and mission of the Institute for Energy Research have remained constant: that free markets, the rule of law, and property rights result in freedom, opportunity, and […]

California
Electric Vehicles

Hertz Abandons a Large Portion of its Electric Vehicle Fleet

January 26, 2024 Stu Turley

In a blow to President Biden’s EV agenda, Hertz is selling about 20,000 electric vehicles it had purchased under a 2021 plan to electrify its rental fleet. Executives at the company pointed to higher costs […]

LNG
LNG

Seaside’s LNG bunkering barge completes first delivery to Carnival’s newbuild

January 26, 2024 Stu Turley

Seaside LNG’s bunkering barge, Clean Jacksonville, has completed its first delivery to Carnival’s newest LNG-powered vessel, Carnival Jubilee, as part of a deal revealed last year. In November, the US firm backed by Houston-based Arroyo Investors entered […]

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