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Home2024January

Month: January 2024

APA
Crude Oil News

APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction

January 4, 2024 Mariel Alumit

Complements and enhances APA’s asset base in the Permian Basin; expected to be accretive to key financial metrics; Adds to APA’s high-quality, short-cycle development inventory and increases oil mix; and Strengthens APA’s position as a […]

TVA
Electrical Generation / Utilities

TVA installs natural gas units to combat winter weather

January 4, 2024 Mariel Alumit

DRAKESBORO, Ky. (KT) – Three new state-of-the-art natural gas units designed to withstand temperature extremes are now online at the Tennessee Valley Authority’s (TVA) Paradise Combined Cycle Plant in Drakesboro, just in time for winter […]

economy
Energy Crisis

Germany’s economy set for rough ride in 2024

January 4, 2024 Mariel Alumit

It will take some time until the official figures are available, but last year the German economy likely shrank. Looking back, economists and industry associations have rarely been so unanimous in their views: 2023 was a year […]

China
Electrical Generation / Utilities

China approves construction of four new reactors

January 4, 2024 Mariel Alumit

At the meeting of the Standing Committee of the State Council, chaired by Chinese Premier Li Qiang, approval was granted for units 3 and 4 at China General Nuclear’s (CGN’s) existing Taipingling nuclear power plant […]

Biden
Crude Oil News

DAVID BLACKMON: There’s Only So Much Joe Biden Can Do To Kill Oil And Gas — And Thank Goodness For That

January 4, 2024 Mariel Alumit

One of the frequent boasts then-candidate Joe Biden made during his 2020 run for the presidency was that his administration would mount a frontal assault on the domestic oil and gas business, outlaw hydraulic fracturing […]

Copper
Critical Minerals

Copper could skyrocket over 75% to record highs by 2025 — brace for deficits, analysts say

January 4, 2024 Mariel Alumit

Copper is headed for a price spurt over the next two years, as mining supply disruptions coincide with higher demand for the metal. Rising demand driven by the green energy transition and a decline in […]

Imports

Greece’s first FSRU to receive commissioning LNG cargo on January 20

January 4, 2024 Stu Turley

Greece’s Gastrade expects to receive on January 20 the commissioning cargo at its FSRU-based LNG import terminal in Alexandroupolis. The firm launched a tender on October 31 for the supply of the commissioning cargo and relevant services. […]

Crude Oil News

Talos Energy begins early oil, natural gas production at two U.S. Gulf of Mexico discoveries

January 4, 2024 Mariel Alumit

The Lime Rock and Venice wells were brought safely online in late December 2023 and have achieved an initial combined gross production rate of over 18,500 boed, averaging about 45% oil and 55% liquids. The […]

Finance

Eurozone recession likely – S and P

January 4, 2024 Stu Turley

Business activity in Europe’s 20-nation single currency bloc continued to contract at the end of 2023, as a downturn in the dominant services industry stretched into the final month of the year, data compiled by […]

EnergyNews

Maine towns band together to offer ‘energy navigators,’ extra funding for home energy upgrades

January 4, 2024 Stu Turley

​Communities in southern Maine are collaborating on a pilot program that aims to help residents overcome cost and logistical barriers to accessing climate-friendly home energy upgrades. Five towns and two regional nonprofits received a three-year, […]

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