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Home2024January

Month: January 2024

Agriculture

Daily Energy Standup Episode #284 – Russia Expands BRICs, LNG Approvals Warning, and Germany’s Economic Collapse

January 11, 2024 Andy Del Prado

Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According […]

Price
Finance

Are Hopes of Lower Mortgage Rates Freezing Up the Market Further? Buyers’ Strike Continues

January 10, 2024 Stu Turley

Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going […]

Oil
Exports

Oil, Gas Lobby Group Warns Against US Slowing Down LNG Approvals

January 10, 2024 Mariel Alumit

By Laura Sanicola and Valerie Volcovici WASHINGTON (Reuters) -The head of the main U.S. oil and gas lobby group on Wednesday said that if U.S. regulators slow down or stop approving liquefied natural gas exports, […]

Energy
Agriculture

Energy Absurdity in Germany: Cutting Emissions Through Economic Collapse

January 10, 2024 Mariel Alumit

In a tweet, Bjorn Lomborg points out that Germans are now consuming less electricity per capita than they did in 1978. Take a look: This is the surest sign of economic collapse, and it is […]

California leads the United States
EIA News

EIA expects relatively flat crude oil prices in 2024 and 2025

January 10, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2024 We forecast average annual crude oil prices in 2024 and 2025 will remain near their 2023 average because we expect that global supply and […]

ship
Crude Oil News

Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis

January 10, 2024 Mariel Alumit

The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic missile. They were all […]

BRICS
BRICS

Russia announces 30 new member countries for BRICS

January 10, 2024 Mariel Alumit

The geopolitical landscape is witnessing a seismic shift as Russia declares that 30 additional countries are poised to join the BRICS alliance, potentially expanding its membership to a formidable 40 nations. This move, championed by Russia’s President […]

IPAA
Energy Policy

IPAA: EPA’s “overbearing” methane regulations to harm U.S. oil, natural gas producers

January 10, 2024 Mariel Alumit

WASHINGTON – Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman released a statement ahead of the House Energy and Commerce Committee hearing on Wednesday, Jan. 10 at 10:00 a.m. ET examining Environmental […]

International News

Qatar’s Nakilat orders LNG and LPG carriers in South Korea

January 10, 2024 Stu Turley

Qatari LNG shipping giant Nakilat has placed orders worth about $955 million with South Korea’s Hyundai Samho for the construction of two LNG tankers and four LPG carriers. S.Y. Park, president and COO of HD […]

Exports

Gladstone LNG exports slightly up in 2023

January 10, 2024 Stu Turley

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose 1.4 percent in 2023 compared to the previous year, according to Gladstone Ports Corporation. Curtis Island is home to the Santos-operated GLNG […]

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