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Home2024April

Month: April 2024

Oman LNG
LNG

Oman LNG delivered 173 cargoes last year, revenue reached $4.9 billion

April 25, 2024 Stu Turley

State-owned Oman LNG delivered 173 cargoes of liquefied natural gas from its Qalhat complex in 2023, down by three cargoes compared to the year before, while its revenue decreased by 15.5 percent year-on-year to $4.9 […]

Climate
Climate Crisis

DAVID BLACKMON: The Climate-Alarmist Movement Has A Big PR Problem On Its Hands

April 25, 2024 Mariel Alumit

The whole “net-zero by 2050” narrative that cranked up in earnest in early 2021 has now become a public relations problem for the climate-alarm movement, according to a senior official at the United Nations. Chris […]

France
Exports

France was top destination for US LNG cargoes in February

April 25, 2024 Mariel Alumit

France was the top destination for US liquefied natural gas supplies in February, as European terminals continue to receive the majority of US LNG volumes, according to the Department of Energy’s newest LNG monthly report. The […]

U.S. distillate consumption
Biofuel

Low U.S. distillate consumption reflects slow economic activity and biofuel substitution

April 25, 2024 Mariel Alumit

U.S. distillate consumption so far this year is lower than usual because of warm winter weather, reduced manufacturing activity, and continued substitution of biofuels in place of petroleum distillate on the U.S. West Coast (PADD 5). As […]

U.S. metallurgical coal
Coal

Reasons behind the price premium for U.S. metallurgical coal exports

April 25, 2024 Mariel Alumit

U.S. coal used for the steelmaking process has sold for more than double the price of U.S. coal used as a fuel for electricity generation in six of the last seven years, underscoring a historical […]

Poland
Geopolitical

France warns against placing nukes in Poland

April 25, 2024 Mariel Alumit

The defense minister’s remarks came after President Duda signaled Warsaw’s willingness to host US nuclear weapons A potential deployment of US nuclear weapons to Poland would breach key arms control accords between NATO and Russia, […]

CNX Resources
Earnings

CNX Resources (CNX) Q1 Earnings Beat Estimates, Revenues Lag

April 25, 2024 Mariel Alumit

CNX Resources Corporation CNX reported first-quarter 2024 operating earnings of 45 cents per share, which beat the Zacks Consensus Estimate of 36 cents by 25%. However, it is down 19.6% from 56 cents per share in […]

Hess
Earnings

Hess Reports Estimated Results for the First Quarter of 2024

April 25, 2024 Mariel Alumit

Key Development: Sanctioned development of Whiptail, the sixth development on the Stabroek Block, offshore Guyana; expected to add gross production capacity of approximately 250,000 barrels of oil per day (bopd) by the end of 2027 […]

oil and gas
Big Oil Companies

How and why big oil is strengthening its oil and gas exposure

April 25, 2024 Mariel Alumit

Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]

Biden
Energy Policy

Green calls for Biden ‘emergency’ wartime climate powers are truly scary

April 25, 2024 Mariel Alumit

When media reports about the White House considering having President Biden declare a “climate emergency” rose in the summer of 2022, White House officials claimed the administration has always treated the climate as an emergency, […]

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