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Home2024January

Month: January 2024

International News

Rotterdam LNG bunkering volumes hit record high in 2023

January 25, 2024 Mariel Alumit

The Dutch port of Rotterdam said its LNG bunkering volumes reached a record level in 2023 as prices dropped from 2022 and demand continues to increase. Europe’s largest bunkering port reported LNG volumes of 619,243 […]

Geopolitical

Türkiye unlikely to let US warships enter Black Sea – Lavrov

January 25, 2024 Mariel Alumit

Ankara has assured Russia it will continue to abide by the Montreux Convention, the foreign minister says The US will not be able to persuade Türkiye to allow access for its warships to the Black […]

Geopolitical

Belgorod plane attack: Why did Ukraine shoot down a plane carrying dozens of its own soldiers?

January 25, 2024 Mariel Alumit

Kiev is now only fighting to prolong the life of Zelensky’s regime, that’s why it’s doing stupid things On Wednesday, an Il-76 transport plane was downed in Russian airspace. It was reportedly carrying 65 Ukrainian […]

Price
Bankruptcy

“Effective Immediately,” Fed Shuts Down Arbitrage Opportunity with the Bank Term Funding Program (BTFP)

January 25, 2024 Stu Turley

This is funny, in a central-bank kind of way. By Wolf Richter for WOLF STREET. The Fed confirmed today in a press release at 7 PM EST that its infamous tool to deal with the March 2023 bank-panic […]

Price
Finance

Did the $5-Billion Acquisition of Homebuilder MDC Holdings by Japan’s Sekisui House Mark the Top for Homebuilder Stocks after the Rate-Cut-Mania Rally?

January 25, 2024 Stu Turley

With uncanny precision? By Wolf Richter for WOLF STREET. The deal came up during D.R. Horton’s earnings call with analysts, without the two companies being named. The analyst posing the question referred to it as “a large acquisition […]

Big Oil Companies

Daily Energy Standup Episode #294 – White House Delays, Carbon Tax Concerns, and Diversified Energy Under Scrutiny

January 25, 2024 Andy Del Prado

Daily Standup Top Stories White House Said to Delay Decision on Enormous Natural Gas Export Terminal January 24, 2024 Stu Turley Before deciding whether to approve it, the Energy Department will analyze the climate impacts of […]

Exploration and Production

Diversified Energy Faces Short-Seller Attack From ESG-Focused Snowcap

January 24, 2024 Stu Turley

Diversified Energy Co., the largest owner of US oil and natural gas wells, is being targeted by a short seller claiming the company may not have enough money to meet obligations to plug inactive wells. […]

Climate Crisis

White House Said to Delay Decision on Enormous Natural Gas Export Terminal

January 24, 2024 Stu Turley

Before deciding whether to approve it, the Energy Department will analyze the climate impacts of CP2, one of 17 proposed LNG export terminals. The Biden administration is pausing a decision on whether to approve what […]

Critical Minerals

Hochschild meets annual guidance, targets 15% output increase in 2024

January 24, 2024 Mariel Alumit

​Hochschild Mining plc (LSE: HOC) ended 2023 at the top end of its revised production guidance, with costs also anticipated to be in line with expectations, the UK-based precious metals producer announced Wednesday. Total attributable production […]

Big Oil Companies

“For Natural Gas, It’s Buckle Up and Hang On for 2024” – Steve Reese, CEO

January 24, 2024 Stu Turley

ENB Pub Note: Steve Reese, CEO of Reese Energy Consulting Company is a global thought leader in the natural gas markets. I have had the pleasure of getting to know Steve through our podcast interviews […]

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